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maul's woman
Senior Member
 Gender: Unspecified
Location: North Bergen New Jersey |
 Martha Stewart Indicted.
If convicted on all counts she will face 30 years in prison (most likely federal) and $2MM in fines, plus barred for life from owning any other public company.
She will have to step down from the board of directors of NYSE too if she didn't already do that.
Later today she will face the judge here in Manhattan.
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I'm Maul's Woman... BEWARE!
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Jun 4th, 2003 06:45 PM |
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Tex
Yumsz
 Gender: Unspecified
Location: Tampa, FL, USA |
I think she's getting a bad rap.
Every big Wall St. hot shot has at one time or another done what Martha has.
She's made lots of enemies on her way to the top, they want to see her hung.
Personally I think Martha will get a big fine and a slap on the wrist.
If I had all that money, I'd run
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Jun 4th, 2003 06:50 PM |
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maul's woman
Senior Member
Gender: Unspecified
Location: North Bergen New Jersey |
I think she will have to pay the $2Million in fines but I don't think she will do jail time. Her crime is not as big as Michael Millkin, the junk bond trader that put an entire company out of business and bilked millions out of investors. She only sold $45,000 worth of stock through insider trading and lied about it. That's what really got her... perjury.
She's burned BAD! She still has money but she stands to lose everything businesswise.
I agree. I think she has some very powerful secret enemies too.
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I'm Maul's Woman... BEWARE!
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Jun 4th, 2003 07:18 PM |
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Tex
Yumsz
Gender: Unspecified
Location: Tampa, FL, USA |
Its a shame really.
She really is a genius when it comes to house and home.
Did you watch that NBC TV movie about her life?
It was pretty crappy, but she really worked her ass off!
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Jun 5th, 2003 12:08 AM |
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Roger
Restricted
Gender: Unspecified
Location: United States Account Restricted |
Excuse me but what did Martha Stewart do that was so bad?
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Jun 5th, 2003 12:10 AM |
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finti
Senior Member
Gender: Unspecified
Location: |
tricked with the stocks
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Jun 5th, 2003 06:55 AM |
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maul's woman
Senior Member
Gender: Unspecified
Location: North Bergen New Jersey |
Guilty of selling her 4,000 ImClone stocks based on insider information which is against the law. She sold all her stocks a day before the feds released information stating that Erbitux was no good as a cancer medication treatment. She and her broker (Bacanovic) and her long time stock friend (Wakslat [sp?]) got indicted.
As of yesterday she quit as CEO and Chairwoman of her company. If she is convicted she faces 30 years in jail which I believe she won't get.
She's on the board of the New York Stock Exchange too. I think she already quit that position if they didn't throw her out. Oh boy! What a mess. She should have let the stocks fall. It would have only cost her $45,000. Not even a drop in the bucket for her. DAng.
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I'm Maul's Woman... BEWARE!
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Jun 5th, 2003 12:20 PM |
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ash007
Strength and Honour
 Gender: Male
Location: United Kingdom |
damn all over know gulity as charged
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With the first link, the chain is forged. The first speech censored, the first thought forbidden, the first freedom denied, chains us all irrevocably.These words were uttered by Judge Aaron Satie -- as awisdom, and warning. The first time any man's freedom is trodden on, we're all damaged.
"One ought never to turn one's back on a threatened danger and try to run away from it. If you do that, you will double the danger. But if you meet it promptly and without flinching, you will reduce the danger by half.-----Sir Winston Churchill
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Mar 8th, 2004 07:58 PM |
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Xena
Warrior Princess
 Gender: Female
Location: USA |
I used to admire Martha, but not anymore. it appears she has chosen the same path that ENRON chose 2 years agon. And that is to cheat people outta their money.
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Made by Cinemaddiction 
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Mar 9th, 2004 03:40 AM |
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JKozzy
Agent Kozzy
 Gender: Male
Location: Chaos.
There can only be CHAOS! |
Heh, sucks for her. The new fashion is stripes  ....
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Mar 9th, 2004 03:41 AM |
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§H@Ñ€
???
Gender: Male
Location: over there..... |
i heard this on a show, but i will repeat what he said, "I hope somebody tells Martha what a toss salad means, because where she is going it has nothing to do with lushes greens."
and i like martha, i dont still see what the big deal was.
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Click my sig to go to my gallery!
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Mar 9th, 2004 04:08 AM |
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julibug
Senior Member
 Gender: Female
Location: the natural state |
It is a shame that they decided to make an example with her. Of course, it is also a shame that she did what she did. What I'm wondering is did they go after the person who provided the insider info? They should have stiffer punishment than she gets.
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...discovering Avalon
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Mar 9th, 2004 04:41 AM |
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WaDe_N_sPaRrOw
SlYtHeRiN pRiDe
 Gender: Female
Location: Beyond the Veil |
good.. i hope she burns in jail....
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i support 2 teams..
The Yankees and whoever beats the Red Sox...
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Mar 9th, 2004 10:43 PM |
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steely balls
Senior Member
Gender: Male
Location: United States, Wisconsin |
all i have to say is HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA....HA.  she annoys me. but my mom feels bad for her.
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Mar 9th, 2004 10:54 PM |
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JKozzy
Agent Kozzy
Gender: Male
Location: Chaos.
There can only be CHAOS! |
Haha, everyone in my house is glad she got the boot. Finally, celebs can't do anything they want, or get special treatment. Hope they lock that foo up for a longo time 
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Mar 9th, 2004 10:56 PM |
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Ushgarak
Paladin
 Gender: Male
Location: Chelmsford, Essex, UK Co-Admin |
You know she has not actually been done for fraud, right? That whole 'victory for the little people' thing makes bugger all sense to me...
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"We've got maybe seconds before Darth Rosenberg grinds everybody into Jawa burgers and not one of you buds has the midi-chlorians to stop her!"
"You've never had any TINY bit of sex, have you?"
BtVS
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Mar 9th, 2004 11:01 PM |
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NinthCorona
Senior Member
 Gender: Male
Location: |
Who gives a f*ck about Martha Stewart? This will not affect me at all, whether she goes to jail or not. This may affect the people who shop at K-Mart though.
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Denial isn't just a river in Egypt.
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Mar 9th, 2004 11:09 PM |
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steely balls
Senior Member
Gender: Male
Location: United States, Wisconsin |
yep
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Mar 9th, 2004 11:12 PM |
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JKozzy
Agent Kozzy
Gender: Male
Location: Chaos.
There can only be CHAOS! |
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Mar 9th, 2004 11:14 PM |
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§H@Ñ€
???
Gender: Male
Location: over there..... |
yuck, k mart is the nastyest store right after dollar stores
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Click my sig to go to my gallery!
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Mar 10th, 2004 12:21 AM |
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