Wong & Owens Posted March 5, 2004 Share Posted March 5, 2004 She Gone! http://story.news.yahoo.com/news?tmpl=stor...tha_stewart_112 Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 5, 2004 Share Posted March 5, 2004 She may wish to practice polishing off a fifth of vodka here's a fun tip, bring cigarettes to jail to trade for favors . . . . . . it's a good thing Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 5, 2004 Share Posted March 5, 2004 I was really shocked she got convicted. Lots of the governmental witnesses ended up having holes put into their credibilities and stories. Quote Link to comment Share on other sites More sharing options...
Queen Prawn Posted March 5, 2004 Share Posted March 5, 2004 Personally, I thought the charges were BS. Quote Link to comment Share on other sites More sharing options...
Steff Posted March 5, 2004 Share Posted March 5, 2004 Personally, I thought the charges were BS. No way!! What's BS is all the money those she KNOWINGLY sold her s*** stock to lost!! Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 5, 2004 Share Posted March 5, 2004 No way!! What's BS is all the money those she KNOWINGLY sold her s*** stock to lost!! And the obstruction of justice was pretty clear cut. Quote Link to comment Share on other sites More sharing options...
Gene Honda Civic Posted March 5, 2004 Share Posted March 5, 2004 Jail. It's a good thing. Quote Link to comment Share on other sites More sharing options...
HighHeat45 Posted March 6, 2004 Share Posted March 6, 2004 Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 6, 2004 Share Posted March 6, 2004 Our constutution does not require anyone to speak with the police. You do have the right to remain silenced. If you give up that right you have to be truthful. Reading the transcripts I do not believe she was truthful. If she wasn't MS, and if Enron and all the other bs hadn't happened, we wouldn't be having this discussion. One of the juriors even said they were trying to send a message. Quote Link to comment Share on other sites More sharing options...
cwsox Posted March 6, 2004 Share Posted March 6, 2004 Personally, I thought the charges were BS. I'm not so sure they were bs - and I am no fan of Martha Stewart - I thought the things she was accused of, and convicted of, did not rise to the level of criminal conduct - Quote Link to comment Share on other sites More sharing options...
danman31 Posted March 6, 2004 Share Posted March 6, 2004 I'm not so sure they were bs - and I am no fan of Martha Stewart - I thought the things she was accused of, and convicted of, did not rise to the level of criminal conduct - As far as I know, it's not the insider trading that is the major charge, but the obstruction of justice. Whether they are severe or not is another story. Quote Link to comment Share on other sites More sharing options...
cwsox Posted March 6, 2004 Share Posted March 6, 2004 As far as I know, it's not the insider trading that is the major charge, but the obstruction of justice. Whether they are severe or not is another story. you may well be right as I have not followed it that closely - I had heard the insider charges were dismissed or at least some of them - but what you say makes perfect sense Quote Link to comment Share on other sites More sharing options...
Pastime Posted March 6, 2004 Share Posted March 6, 2004 One thing is for sure: She'll have a nicely-decorated cell. Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 6, 2004 Share Posted March 6, 2004 cw, Bottom line you cannot lie to the police. They get a little testy about that. If she had just kept quiet sge would not have had this problem. From what I read and heard it seemed obvious she lied about the phone call from imclones founder Sam Waxal (sp?) and the calls to her broker. Further she is not an inexperienced trader getting a tip from a friend. She was a very good stock broker in her earlier career. Still, being Martha did not help her with this jury. In a bit of irony. For comparison Mark Fuhrman framed a guilty man. Martha was convicted for lying about a crime she wasn't convicted for. Quote Link to comment Share on other sites More sharing options...
The Critic Posted March 6, 2004 Share Posted March 6, 2004 Legal experts' early prediction for "jail time" is 8 to 16 MONTHS ( yes, months, not years ) in a minimum-security Club Fed. Plus a fine, which she can certainly afford without much hardship. If that's all she is sentenced to, that is hardly a deterrent to anyone. Quote Link to comment Share on other sites More sharing options...
Chisoxfn Posted March 6, 2004 Share Posted March 6, 2004 I truly don't think there is a chance in hell that she is going to spend much less a day in jail. I also must say, that if anyone one of us had stock and our broker called us and said it was going to take a s***...we'd immediately sell. What she did wrong was lie and go all about covering up. This has already cost here about 800 million dollars. Here shares in her company alone were valued at around 1.2 billion before all these precedings. Now the same shares are worth about 200 million. Not saying thats a lot of money, but that is a hell of a lot to lose. Plus I think her stocks frozen right now. So it may continue to crash because if I understand insider trading charges correctly, it basically means she can't sit on her own board and a lot of the time I think it means you can't own stock anymore (Could be wrong on that, but thats what I remember). Although those more severe charges could of been for the insider trading charge that was dropped and that this is a more minor one. Am I wrong, I heard on the news that the amount of shares she sold (Imclone) were valued at like 60,000-80,000. If so, I think we all have to look and see how small potatoes this is. Hell, 60-80k isn't even a lot to sell for a middle class person, if they are in the market, let alone for someone who has a few hundred million invested. Quote Link to comment Share on other sites More sharing options...
danman31 Posted March 6, 2004 Share Posted March 6, 2004 Well said Jas. My dad, who trades stocks for a living, said she saved about 200k. Either way that's nothing for her. As I said, the insider trading isn't going to give her the jail time, it's the obstruction of justice. Don't expect her to get years. What she did was wrong, but not extremely bad. Quote Link to comment Share on other sites More sharing options...
WillieHarris2 Posted March 6, 2004 Share Posted March 6, 2004 Well said Jas. My dad, who trades stocks for a living, said she saved about 200k. Either way that's nothing for her. As I said, the insider trading isn't going to give her the jail time, it's the obstruction of justice. Don't expect her to get years. What she did was wrong, but not extremely bad. yep i dont think marth will be spendin a whole lot of time behind bars. Quote Link to comment Share on other sites More sharing options...
SuperSteve Posted March 6, 2004 Share Posted March 6, 2004 Maybe she can be cellmates with Wacko Jacko...they can have some nice slumber parties; do each others hair, make pasta-noodle necklaces, little pillow fights. Ya know, girl stuff. Quote Link to comment Share on other sites More sharing options...
Goldmember Posted March 6, 2004 Share Posted March 6, 2004 Well said Jas. My dad, who trades stocks for a living, said she saved about 200k. here's what i don't get. why would she then risk it if she was only gonna lose what is to her chump change? i dont think she should get much jail time because, if i heard right, they don't go after too many people for this offense unless it an outragous amount of money being saved which this really isn't and the ones that do get jail time arent in for very long. she should not be made an example due to her celebrity status (although i do like the idea of martha in a jail cell ). Quote Link to comment Share on other sites More sharing options...
israel4ever Posted March 6, 2004 Share Posted March 6, 2004 Good thing ol' Martha's good in the kitchen, cuz, she'll be tossing lots of salads where she's going! Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 7, 2004 Share Posted March 7, 2004 Good thing ol' Martha's good in the kitchen, cuz, she'll be tossing lots of salads where she's going! gotta love a little prison humor. so where did you do time? Quote Link to comment Share on other sites More sharing options...
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