Martha found GUILTY

[Shak]

Martha Stewart and her stockbroker were found guilty on ALL charges brought against them....

I guess the question now is whether she'll get 5 years or not???

 

[JuicePimp]

I read the pubic evidence and the relevant law, it was pretty obvious she was guilty from the start. She had to be hoping to get off based on her status as a famous person, either that or she's nuts, because they had her nailed.

 

[hoosier]

I hope they do a special on how she decorates her cell. Do you think she will go country or maybe something a little more contemporary?

 

[big4life]

She got the biggest charge thrown out though, the fraud charge. Now she will get a slap on the wrist and go back to baking cookies.

 

[Shak]

Oh, I take that back....Martha found guilty on all counts and Bacanovic found guilty on all but one charge.

 

[the nature boy]

I'm glad she got convicted. however I'm glad she got off on fraud charges, considering she was getting prosecuted for fraud because she told investigators she was innocent, and she wasn't under oath. which is bullshit.

 

[from zero]

She won't serve a day in prison.

On a related note, I couldn't care less.

 

[BileStew]

Look for the new movie to come out.

"Women Behind Bars 12, The Martha Stewart Collection"

 

[The_Ghost]

She won't serve a day in prison.

On a related note, I couldn't care less.

if she does server time they will eat well and have pretty cells!!!

 

[out_at_sea]

She will go to prison .....up to 20 years...no way she will be free!!!!

 

[Steroid_Virgin]

yay!

 

[Ffactor]

They need to put her in a cell with Ashcroft, who also needs to be in jail for something.

 

[The_Eviscerator]

This is ridiculous. She didn't do anything any one of us wouldn't do.

 

[the nature boy]

This is ridiculous. She didn't do anything any one of us wouldn't do.

yeah but she got caught.

 

[tripleblonde]

She won't serve a day in prison.

On a related note, I couldn't care less.

ditto

 

[The_Eviscerator]

yeah but she got caught.

True, but I think the fact that she lied about it screwed her worse. If she would have come clean asap she would be fine right now.

 

[john937]

On a related note, I couldn't care less.

You would care if you had bought the stock she sold.

 

[big4life]

This is ridiculous. She didn't do anything any one of us wouldn't do.

No, what is ridiculous is she did this for about $250,000 dollars. While that is a lot of money to most people, that is an amount that she could afford to lose without batting an eye. In the end what brought her down was the same thing that gets most people, greed.

 

[canadianhitman]

I thought I heard on CNN that the judge is bound to federal sencencing guidelines in this case, and that 15 months is the minimum jail term for these convictions.

 

[atlantabiolab]

No, what is ridiculous is she did this for about $250,000 dollars. While that is a lot of money to most people, that is an amount that she could afford to lose without batting an eye. In the end what brought her down was the same thing that gets most people, greed.

Yawn...the age old plebian cry, "greed". Please tell us why your money is more valuable to you than Stewart's is to her? Any possibility that a major reason why rich people are rich is that they DO worry, and thus prioritize, about their money more than poor people do? I love how the middle class lectures the rich on how they should be more willing to part with their money; I guess it aids them in their future confiscation programs that they vote for; "tax the rich".

 

[big4life]

Yawn...the age old plebian cry, "greed". Please tell us why your money is more valuable to you than Stewart's is to her? Any possibility that a major reason why rich people are rich is that they DO worry, and thus prioritize, about their money more than poor people do? I love how the middle class lectures the rich on how they should be more willing to part with their money; I guess it aids them in their future confiscation programs that they vote for; "tax the rich".

At the time of this, Martha stewart was a billionaire, so $250,000 to her was .25% of her wealth. Would you do something so stupid that you could face federal charges and up to 20 years in prison for less than 1% of your wealth? Why would anyone want to risk that for such a small amount of money? The only answer is greed or stupidity. Since she was involved in the stock market and her company was publically traded on the stock exchange, stupidity, or lack of knowledge of the laws regarding insider trading don't seem feasible, so that leaves greed.

 

[atlantabiolab]

At the time of this, Martha stewart was a billionaire, so $250,000 to her was .25% of her wealth. Would you do something so stupid that you could face federal charges and up to 20 years in prison for less than 1% of your wealth? Why would anyone want to risk that for such a small amount of money? The only answer is greed or stupidity. Since she was involved in the stock market and her company was publically traded on the stock exchange, stupidity, or lack of knowledge of the laws regarding insider trading don't seem feasible, so that leaves greed.

Stupidity would be more appropriate, for "greed" is too subjective a term. If one knows that certain actions are "illegal" then acting in such ways is risky due to the attached penalties.

No matter, her actions were not immoral, merely illegal.