Martha's sentence

[tinatark]

5 mos in Fed Pen.
5 mos. house arrest
2 years probation.

 

[Aimeedyan]

I can't believe she's really getting time in the pen...

 

[tinatark]

$30k fine also

 

[Microcell]

Wow, I didn't think she would actually have to go to the pen. House arrest shouldn't be too hard where she lives!

 

[Microcell]

Wow, I didn't think she would actually have to go to the pen. House arrest shouldn't be too hard where she lives!

 

[tandrjohn]

I think it was a fair sentence. Club "Fed" is where she will likely be doing her time.

 

[Trish Bessette]

Wow, I can just see all the inmates and her making Christmas crafts from their cells. Hey, this could be a money making televison show for her....

 

[DisneyAddict_M]

Instead of Martha Stewart Living, her new show will be called Martha Stewart Serving.

 

[snoopy]

Not surprised. I guess that will teach her to engage in tactics otherwise reserved for well connected, rich white men.

Make no mistake about it, power and sexism are very much at work here. That and celebrity bounty hunting.

 

[Lisa F]

I'm so glad that she is being locked behind bars so that the world is safe from someone who committed the dangerous crime of believing that she hadn't done anything wrong and then having the nerve to actually publicly state that she hadn't done anything wrong.

 

[tinatark]

I know this has been debated, debated, debated... but geesh. If someone told me a stock I was holding was about to drop, I'd sell it.

Then again, I'm not a member of the NYSE.

 

[oogieboogie]

Originally posted by tinatark
If someone told me a stock I was holding was about to drop, I'd sell it.

Unfortunately some say this is an unfair advantage, therefore it was insider trading.

The issue wasn't that she did insider trading - it was that she lied to federal investigators under oath, and she's convicted because of that lie.

 

[Bob Slydell]

Originally posted by oogieboogie

The issue wasn't that she did insider trading - it was that she lied to federal investigators under oath, and she's convicted because of that lie.

I think there wouldn't have been much of a sentence for insider trading. Lying to investigators (and the arrogance that came with it) made it that much worse.

I do agree, though, she probably wouldn't have gotten as harsh of a sentence if she wasn't Martha Stewart.

 

[Miss Jasmine]

Yeah she "lied" during an investigation that found her innocent of any wrong doing. I guess they wanted to feel like they hadn't wasted their time.

ITA with Snoopy and Lisa F.

 

[peachgirl]

Originally posted by snoopy
Not surprised. I guess that will teach her to engage in tactics otherwise reserved for well connected, rich white men.

Make no mistake about it, power and sexism are very much at work here. That and celebrity bounty hunting.

Some people get a real kick out seeing those who are more successful than they are get "theirs"..., especially when it's a woman who felt no need to play the submissive little woman role.

 

[DisMN]

Originally posted by Bob Slydell
I think there wouldn't have been much of a sentence for insider trading. Lying to investigators (and the arrogance that came with it) made it that much worse.

I do agree, though, she probably wouldn't have gotten as harsh of a sentence if she wasn't Martha Stewart.

Oh for sure. Her arrogance was most likely her downfall in this case. People felt much less sympathy for her because of it.

Not surprised by what they gave her, but did someone say the fine was only fined 30 thousand? I thought it would be more, MUCH more.

 

[barbeml]

I think some folks forget that insider trading (AKA business as usual on Wall Street) is NOT a victimless crime. Every time someone sells stock based on info that is not public, some sucker (probably my mutual funds) buys it without such knowledge.

I don't feel sorry for Stewart, but I would like to see all the scum bags from Enron and the rest go to the slammer too.

 

[shortbun]

Yeah, what's up with that 30K fine? Was that the judge's
way of saying "so there!"? Kinda like leaving a penny for
a tip in a restaurant.

The whole thing is dumb! Glad I'm not rich and famous.
Life in a fishbowl looks bad.

 

[Lisa F]

Originally posted by Miss Jasmine
Yeah she "lied" during an investigation that found her innocent of any wrong doing. I guess they wanted to feel like they hadn't wasted their time.

I thought it was even more twisted than that... it wasn't that she lied under oath but that she went on TV and said that she was innocent and that was interpreted as unfairly maniuplating her own stock prices.... ie by proclaiming her innocence (which she believed and still believes) she kept her stock prices up. I could be wrong as I haven't been following it very closely.

 

[Miss Jasmine]

She didn't take the stand so she didn't "lie" under oath. I don't remember all the details, but I think it was something as strange as you said Lisa.