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To: blau993
Oh, sure she did. Lost something like $30 million when the price of her company's stock dropped. Paid who knows how many millions in legal fees. Will never be able to hold a position of trust or serve on the board of any public company. Will spend much of the next three years in confinement or reporting to a probation officer. All of that for telling a lie to cover up a stock transaction that probably was not illegal in the first place.

Yeah, I'd say she got off real easy.

Legally, she DID get off EASY.

14 posted on 07/16/2004 8:24:15 AM PDT by bikepacker67
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To: bikepacker67

Lost something like $30 million when the price of her company's stock dropped.

How come no one wants to remember how many small investors lost millions on the value of her stock? Those pension funds that got hit are your future payouts when you retire, folks. Get a grip here.
The woman was a STOCK BROKER before she was the darling of homemaking. She knew the rules chapter and verse. She was a cheap Bimbo who didn't want to lose on a stock that was dumping. How can she be innocent of insider trading if Sam Waksal is guilty? Put this together!!! She is very guilty of all she was convicted of and more.
The next question is did she drain her company of funds to pay her legal fees??? If so, the shareholders got a smaller return on their money so that Martha could try to weasel out of her mess of her own making. I don't feel sorry one little bit for her. I really feel sorry for the people who invested their hard earned $$$$ into her stock.


59 posted on 07/16/2004 8:52:29 AM PDT by ridesthemiles (ridesthemiles)
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