wep363 Posted February 22, 2004 Posted February 22, 2004 I simply don't get why they are going after Martha Stewart! I understand the law about inside trading. It was probably established by Joe P. Kennedy when he was head of the exchange commission for reform of the exchange so that crooks like himself would no longer be able to manipulate the markets. What I don't understand is what Martha Stewart did wrong. She did the same thing i would have done given the same situtation. It is wrong to try to save your investments. She DAM sure doesn't have enought money to manipulate markets. This is yet another case of the Fed targeting someone they don't like from my point of view. Is there anyone that has a better idea of why what Martha Stewart did was wrong and need to be punished perhpas even with prision time. I Just Don't Get IT?
Site Administrator Myr Posted February 22, 2004 Site Administrator Posted February 22, 2004 I think they should be spending their time nailing people like Ken Lay of Enron and that guy from Tyco to the cross. Martha did bupkis and is not even charged with the more serious offense of insider trading.
Pyro Posted February 22, 2004 Posted February 22, 2004 I don't see how it is wrong if you are told by someone that a business is going south to sell your stock. I don't see aproblem with that. I think that they are useing her as an escape goat. Pyro
miguelsanchez55 Posted February 23, 2004 Posted February 23, 2004 Hey All, What can I say, Pyro, it's not wrong to sell your stock is you think it's going south, but it can't be your broker who tells you. In the ijmortal words of Charlie the Tuna: Sorry Martha Miguel (Mike) Sanchez
EricCase Posted February 27, 2004 Posted February 27, 2004 LMBO.. I think they tried to make an example of her, but I ALSO think there mighta been some insider trading going on but they didn't have enough evidence and therefore went after her for somethin silly... I think she should hafta give me half her money as punishment
Site Administrator Myr Posted February 27, 2004 Site Administrator Posted February 27, 2004 lol. I think they should make her redo a few ghetto kitchens
wep363 Posted February 28, 2004 Author Posted February 28, 2004 Better yet they should make her join the fab five on queer eye for the str8 guy. LOL
miguelsanchez55 Posted February 28, 2004 Posted February 28, 2004 Oh hell no. The Fab 5 are fine the way they are. All hail the Fab 5 Mike :sword:
BillM Posted February 28, 2004 Posted February 28, 2004 Oh hell no. The Fab 5 are fine the way they are. All hail the Fab 5 Mike :sword: I agree, the fab 5 rock!
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