Martha Stewart Indicted

Originally posted by Renata
Good. I hate her. Making every American female feel inadequate if she can't cook a five-course dinner while designing her own Christmas wrapping paper and making hand-painted wooden toys for the orphan children. Did I mention I hate her?

Renata <--- inadequate but loving it

:lol:

What is she accused off? Making every American female feel inadequate ain't no crime?

Is she the pretending to be the example for the traditional conservative caring mother?

Well whatever: I don't care about the self-designed christmas stuff or hand painted toys, but if she contributes to turning all women (and men) into excellent cooks, she does something well!
 
:LOL: She was originally investigated in response to her selling of stock in ImClone, a biotech company whose CEO she knew personally, shortly before its share price took a major dive. Insider trading, in other words. I'm not positive that that's exactly the same thing she's been indicted for, though; I've yet to read yesterday's or today's paper.

And even my boyfriend, the cooking freak, doesn't enjoy the cooking segments on her show; he says they're too much pretension, too little substance. Me, I wouldn't know one way or the other about that :) , but she just irritates me.

Renata <--- still lovin' it
 
Originally posted by Stapel


:lol:

What is she accused off? Making every American female feel inadequate ain't no crime?

She is accused of insider trading. She sold all of her stock in a company called Imclone the day before it released bad news that hammered the price of it's stock. If she is guilty she should be punished. Her company (Martha Stewart Living IIRC) is traded on the New York Stock Exchange and she is it's President so she should have known better than to break the laws.
 
If she's the jerk that I've heard her described as, she deserves it. That woman creeps me out. And this can't be good news for K-Mart either.
 
Humor:

http://www.borowitzreport.com/archive_rpt.asp?rec=611

MARTHA STEWART RECRUITING LOOK-ALIKES
As Indictment Nears, Prowls Connecticut for Diva Doubles


With a possible indictment on obstruction of justice charges seemingly imminent, domestic diva Martha Stewart has stepped up her recruitment of look-alikes in recent days, intelligences sources reveal.

It is Ms. Stewart’s hope, according to those sources, to find someone who looks enough like her to take the fall for her in an eventual criminal trial.

Ms. Stewart was seen driving what some called “a terrifying-looking Hummer” down the streets of Westport, Connecticut yesterday, apparently on the lookout for preppy middle-aged bottle-blondes who could fill in for her in the witness box.

According to eyewitnesses, the embattled CEO pulled at least twenty such women off the street, sometimes grabbing them as they were on their way into Starbucks or Talbots.

“She appears to be having a great deal of success in finding these look-alikes, because half the women in Westport look like Martha Stewart already,” one intelligence source said.

Once recruited, the look-alikes undergo what has been termed a “torturous” training program in entertaining, flower arrangement, gardening, and decoupage at Ms. Stewart’s estate on Georgica Pond in East Hampton.

“She also trains them to be abusive to the people who work for them,” the source said. “Once again, many of these Westport women already seem to have some experience in this area.”

Kelly Pringle, a local resident who witnessed the abduction of a Stewart look-alike outside a J. Crew store in Westport yesterday, said that Ms. Stewart appeared to have been armed.

“I don’t know if it was a gun or a glue-gun, but I was very, very scared,” Ms. Pringle said.
 
Originally posted by napoleon526
It seems as though that everyone has already condemned Martha simply because they don't like her. Seriously, what would you have done if your friend who's company you own stock in called you up and told you that his business was doing bad. Would you have said "Oh well. I guess i'll just sit here and lose money!" Of couse not! What she did may have been technically wrong, but it pales compared to Ken Lay and others, who knowingly assfu*ked their employee's retirement plans. But then again, Martha Stewart isn't a friend of Bush or Cheney, so I guess she's on her own then.

That would be all fine and dandy if someone had called her about it, but the charge is that she actively saught out the information herself. If she called someone to find the information or actively kept in touch with someone to recieve this information she broke the law. If she did so, then she lied about it to the feds and is also guilty of perjury. If so, I hope she goes to jail for it. The Feds must have solid concrete evidence if they`ve taken it this far, but if Miss Stewart is innocent, I hope the finding reflects such.
 
Originally posted by Renata
:LOL: She was originally investigated in response to her selling of stock in ImClone, a biotech company whose CEO she knew personally, shortly before its share price took a major dive. Insider trading, in other words. I'm not positive that that's exactly the same thing she's been indicted for, though; I've yet to read yesterday's or today's paper.

And even my boyfriend, the cooking freak, doesn't enjoy the cooking segments on her show; he says they're too much pretension, too little substance. Me, I wouldn't know one way or the other about that :) , but she just irritates me.

Renata <--- still lovin' it

I would say the insider trading activities are not linked to her show. Anyway: In Holland we had several insider trading lawsuits last year and they were all disappointing! It seems impossible to prove it was more than just a coincedence.

And Renata: having a cooking freak as a partner for sure is one the best things in life IMHO. Consider yourself lucky!
 
We the plebs always like to see the mighty fall from their pedestals, so down, girl ! ;)

Seriously, insider trading totally destroys the confidence people have in the stock market. If it has been slow to rebound, the scandals surely have something to do with it, in the US and elsewhere.
Here's hoping for many convictions.
 
Originally posted by Stapel


I would say the insider trading activities are not linked to her show. Anyway: In Holland we had several insider trading lawsuits last year and they were all disappointing! It seems impossible to prove it was more than just a coincedence.

And Renata: having a cooking freak as a partner for sure is one the best things in life IMHO. Consider yourself lucky!

Oh, I do, I do. :)

I got around to reading the papers last night, and it turns out that 'insider trading' per se is not what she's been indicted on. Rather, she's been indicted on various counts of fraud and such related to the incident. I saw something about a civil suit on the insider trading itself -- perhaps it's not actually a criminal offense? Anyway, I don't even pretend to understand the laws involved here; I'll have to leave it up to the US attorneys.

@ Jack: yes, schadenfreude is a lovely thing. :)

Renata
 
Samual Waksal has been convicted yesterday! Seven years! You don't get 7 years for stealing 10 bucks!
 
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