Martha Stewart guilty on all 4 counts

[soundtest]

http://money.cnn.com/2004/03/05/news...ex.htm?cnn=yes

[punkgrrrlie10]

Sentencing not til june. That's alot of time to pack.

[Rez]

she's 62??

[mburbank]

So how come her sentencing isn't till june and guys who rob liquor stores get hauled out of court in handcuffs as soon as the verdict comes in?

[Buffalo Tom]

Originally Posted by mburbank

So how come her sentencing isn't till june and guys who rob liquor stores get hauled out of court in handcuffs as soon as the verdict comes in?

She's rich and they're not. Welcome to America.

[imported_Hollycaust]

!!! those misogynists!!!

EVEN THOUGH YOU'RE A PMSING CEO DYKE MARTHA, ITS OK!!! I GOT YOUR BACK GIRLFRIEND!

[The One and Only...]

That, and Martha isn't guilty of any real crime.

[Rez]

hit us with a brick, it's just as obvious

[The One and Only...]

You honestly believe that making stock trades with those who lack the same amount of knowledge that you do is morally wrong?

Why don't you just shut down Wall Street? Or the entire capitalist system?

[Big McLargehuge]

hey dude check out your title

[Perndog]

Originally Posted by The One and Only...

You honestly believe that making stock trades with those who lack the same amount of knowledge that you do is morally wrong?

Why don't you just shut down Wall Street? Or the entire capitalist system?

Dumbass. Crime is crime because it's illegal. You know, like written down state and federal laws. While lots of people will tell you it's morally wrong, too, you don't need to bring this morality bullshit into the issue. What she did was illegal and therefore deserving of punishment until the law is changed or overturned.

[theapportioner]

Originally Posted by The One and Only...

You honestly believe that making stock trades with those who lack the same amount of knowledge that you do is morally wrong?

Why don't you just shut down Wall Street? Or the entire capitalist system?

Apples and oranges.

[Helm]

Perndog, you are speaking out of your ass. To remove the moral aspect of a law is absurd.

Crime is crime because it's illegal

That's like 8 years old mentality. And for a self-proclaimed Satanist it's especially sad. How and why did it become illegal? The origin is the whole concept of legality is inherently moral.

[davinxtk]

Why does anyone care about this kind of shit?
There's better stuff to be worrying about right now. This is just morbid curiosity on the screaming death of an icon, nobody cares about the actual offense.

[AChimp]

Quick, davin! Show us your pouty face!

[davinxtk]

I'd come up with a witty retort, simian, but I am in dire need of a nap. Simply following your request will have to suffice.





Edit: For the record I'd like to contest that I do contribute more than aesthetics around here. I post more in this forum than any of the others.


Except, of course, "The Post Your Picture Here Thread".

[AChimp]

HE MEANS IT, FOLKS!

[Perndog]

Originally Posted by Helm

Perndog, you are speaking out of your ass. To remove the moral aspect of a law is absurd.

That's like 8 years old mentality. And for a self-proclaimed Satanist it's especially sad. How and why did it become illegal? The origin is the whole concept of legality is inherently moral.

Okay, now that I have an intelligent audience, I'll be a little more reasonable.

Crime is crime because it is a hindrance to society. The rules are put in place 1) because of the morals of the lawmakers but more importantly 2) so people will get along.

Is that better?

EDIT: The source of the laws isn't what's important anyway. My original point: she deserves punishment because she knew the laws existed and she broke them anyway. If you don't like the rules you're better off getting them changed or moving someplace with different rules.

[Stabby]

What she did isn't that big of a deal. She's guilty I guess so than she should be punished, but maybe it's time to focus on the Haliburtons and other coprorations who are doing much, much worse things than lying about getting a stock tip.

[Brandon]

I'm not going to get into what I think of insider trading laws here, but I'll just say that I think the severity of Martha's sentence is utterly absurd. What's even worse is a smug juror jubilantly proclaiming that the decision was a "victory for the little guy."

And by the way: who wants to bet that Skilling walks?

[theapportioner]

Originally Posted by ArtificialBrandon

I'm not going to get into what I think of insider trading laws here, but I'll just say that I think the severity of Martha's sentence is utterly absurd. What's even worse is a smug juror jubilantly proclaiming that the decision was a "victory for the little guy."

And by the way: who wants to bet that Skilling walks?

Insider trading penalties are generally harsh - Martha is no exception.

I think it's fair. All of the owners (stockholders) of a publicly owned company should have fair and equal access to information that positively or negatively impacts their company. Also, those who are on the inside (CEOs etc.) would have less of an incentive for seeing their company do well if they can sell stock before bad news is made public, and make money at the expense of others. The harsh penalties are intended to deter.

[punkgrrrlie10]

she wasn't convicted of securities fraud, that charge was dropped for insufficiency of evidence. She was convicted of obstruction, perjury, false stmts.

That, and Martha isn't guilty of any real crime.

Perjury is a crime. One and Only, just so you understand...LYING to law enforcement and the SEC is a crime in any jurisdiction in the country, especially the federal one.

[Jeanette X]

Martha Stewart doesn't live very far from me. Although I've never had the dubious honor of meeting her, people I know have, and by all accounts, she's an arrogant, obnoxious, screamy bitch. I say let her rot in jail.

[Bobo Adobo]

They should send to a federal "pound me in the ass" prison for 20 years, the max sentence. Make her an example to all these rich fucks that try to screw with the system to make their greedy asses wealthier. To me I think her crime is just as morally bad as a bank robbers.

I just heard some comedian on T.V. say she will be the first inmate to give a gaurd a blowjob for some potpourri.

[Brandon]

Well, putting the obstruction of justice charges aside, should insider trading really be considered a crime? If Martha was tipped by a broker with information that the executives were rapidly selling stock, what should she have done in such a situation? Should she have just held on to her stocks, knowing full well that they would soon plummet?

EDIT: By the way, it bothers me that people on the far left have an almost knee-jerk hatred of everyone in the corporate world. Come to think of it, they seem to have a knee-jerk hatred of the wealthy in general.