Posted on 07/16/2004 7:23:49 AM PDT by TomGuy
Free Martha!!!!!....or Not!
Court decision any moment.
I don't think she should have gone free at all. I think the sentence was appropriate.
I'm sure the 'RAT Cemetery Voters will make it up...w/ more than 2+ million dead voters.
The justice department has prosecuted 800 cases of corporate corruption in the last four years.
So in reality, if her name was Martha Jones, she WOULD have been prosecuted.
It just would not make the headlines.
OMG !!
I believe that was the mitigating factor in sending her to jail rather than probation.
Her greed cost her many millions and it cannot be characterized as anything other than greed. She brought down those young brokers with her by expecting them to go along with her deception.
I won't even go into the thought process of Sam Waksal or the unconsciounable behaviour of the FDA in not working to see that this drug got ON the market to save lives, rather than doing all in their power to keep the drug off the market.
Martha was not tried for insider trading, she was tried for lying to the FBI.
Yuck!
she was tried for both. She was convicted of lying and obstruction.
If I'm reading the posts of the multiple threads corrrectly, she wasn't even charged with insider trading, IIRC.
Maybe the case against her wasn't strong enough, and they took the "lying to the FBI is a federal crime" as what they could definitely get a conviction from a judge and jury.
I wish there was a good, solid and concise timeline summary of what actually happened.
Nevermind. You are right.
I live in the same mess you do. I am 10 mins. from Reagans' library in Simi, the way I drive my truck:) Still in L.A. county, just an actual 300 feet from the border:)
I miss you on the radio! Can't you break into Laura Ingraham's show? I know she likes to talk a lot:)
Bob
How It Works
The detainee is fitted with an ankle bracelet that is the transmitter. The detainee wears the ankle bracelet 24 hours a day. The transmitter emits a constant radio signal to the HMRU (Home Monitoring Receiving Unit) a receiver attached to the detainees home phone. Over the telephone line, the HMRU informs the Monitoring Center when the detainee leaves and enters the home, as well as if he/she should try to tamper with the equipment.
Hi, Bob. Hope to see you at the Reagan Libray field trip. Actually, I've called Hugh Hewitt 3-4 times in the last few weeks. I've been on hold for Laura 3 times in the couple weeks but haven't gotten on the air.
If your broker can't tell you that the stock is being sold by big holders what is the point of having a broker?
Her investors got hurt not because she did not think she was innocent but because stock in companies run by the brains of the company always get hurt if the "leader" makes any type of false move- including getting sick. People who buy a one product company can't claim they did not bet on HER and took that risk.
Thanks for this great summation for those who love crooks on Free Republic:
"Martha Stewart was a stockbroker in the late 1960's and early 1970's. From what I can tell, she did something verging on unethical, and that career imploded. She was eventually forced to selling pies at an open air market, and that was the beginning of the Martha Stewart everybody now knows.
While I consider myself a Conservative, I'm also a business owner. Martha Stewart didn't need "advice from her stockbroker" having been one herself. She knew what she was doing was wrong when she did it. She was trained in the field in question.
Sorry, Martha "broke the faith" all CEO's are supposed to abide by, and is now going to jail.
I'm satisfied with the sentence, just as I was satisfied years ago when Leona Helmsley went to prison.
Funny how the "Martha Supporters" never utter a word about the small stockholders that have lost because of her intentional acts of deception.
Guess if you can arrange flowers well, you get a pass, huh?
She betrayed the NYSE Board of Directors. She betrayed every employee of Omniliving. She betrayed thousands of investors. She betrayed her own fans, of which you are one.
Sorry, she got off light given the money lost by others, not herself. Then again, this whole thing began when she tried to avoid a relatively minor loss.
Her greed is no different than Ken Lay's, or Ebbers, or any of the others. The only difference in the end was the dollar amounts as they relate to her personal loss.
Pox on all their houses. They broke the faith.
Dittos
On another note...KMart is having a sale on Martha Stewart bed linens.
"Thanks for this great summation for those who love crooks on Free Republic: ....."
You are welcome. I'm very tired of reading about "Poor Martha". Poor Martha was a liar, a crook, and a thief, with a huge pile of arrogance sprinkled oh so delicately on top, like powdered sugar on one of her desert concoctions.
Can't wait to see her do the perp walk.
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