Martha Stewart...5 months in jail

Mavis · Post by **Mavis** » Fri Jul 16, 2004 8:57 am

NEW YORK (CNN/Money) - Martha Stewart was sentenced to five months in prison and fined $30,000 Friday for lying to investigators about her sale of ImClone Systems stock in late 2001.

Federal Judge Miriam Cedarbaum also ordered Stewart to five months of home confinement and two years of supervised probation after she is released. It was the minimum sentence the judge could impose under federal sentencing guidelines.

Terrible....she got off easy just because of who she is. I don't know why but I hate her, hopefully her career is shot for good.

Eddy · Post by **Eddy** » Fri Jul 16, 2004 8:45 pm

i don't know, but i think comparing to other similars cases, i feel sorry for her.

i guess i'm jsut more cold hearted, i didn't think she did anything wrong...

Eddy · Post by **Eddy** » Fri Jul 16, 2004 8:51 pm

oh and i think there is just no room in US prisons for white coller criminals.

I think i would've done the same crime if i was in her situation, the insider trading ,which was the actual crime that she should've been charge but instead she got hit by a cheap but clever shot (i wouldn't have lied tho).

Mavis · Post by **Mavis** » Fri Jul 16, 2004 9:20 pm

Lying is the stupidest thing she could do. If it's just insider trading and she admits it, she would get a slap on the wrist given who Martha is. But lying sort of ticks of investigators when they obviously have the evidence before arresting you.

Eddy · Post by **Eddy** » Sat Jul 17, 2004 12:57 am

yea i agree, lying is stupid

i wonder how much damage are her lawyers gonna take from this.

Contrai · Post by **Contrai** » Sat Jul 17, 2004 11:11 pm

Mavis wrote:NEW YORK (CNN/Money) - Martha Stewart was sentenced to five months in prison and fined $30,000 Friday for lying to investigators about her sale of ImClone Systems stock in late 2001.

who ?
never heard from

Mavis · Post by **Mavis** » Sun Jul 18, 2004 9:38 am

Martha Stewart is known as the "Homemaker Queen" in the US/Canada and some other parts of the world. Not sure how she started but she has her line of home-related products (household items, bathroom/garden related items) and is "role model/idol" of many housewives.

Hope you get an idea.

Contrai · Post by **Contrai** » Mon Jul 19, 2004 3:40 am

Mavis wrote: Hope you get an idea.

yes, thanks.
the female counterpart to Tim Taylor in Home Improvement

Lexi · Post by **Lexi** » Sun Jul 25, 2004 8:15 am

Good morning everyone,

I do believe that Martha Stewart is being used as a scapegoat.I am sorry for her on a personal level. This can not be an easy time for her or her family.

I am glad that prosecutors have persued this indictment to fullest extent of the law.

Ms. Stewards actions, though mimaced by many rich and powerful people the world over, need to be addressed. The world of finance is a fragile one and scandals within the last 10 years are testimony to that. For the sake of the common shareholder I am glad that Ms. Stewart is being brought to justice.

Lexi

Mavis · Post by **Mavis** » Mon Jul 26, 2004 8:31 am

Welcome Lexi.

Yes, Martha might be a scapegoat, but I think the regulators need to prosecute someone as high profile as she is to show to the common shareholders that they really mean business.

Martha Stewart...5 months in jail

Martha Stewart...5 months in jail

Re: Martha Stewart...5 months in jail