That's the sick bit, though -- it was only like 30K.sh4dowf4lcon said:If you had millions or even 500 large in some stock, and your broker calls and warns what the fu** are you going to do? The same damn thing - GET OUT!!
This is crazy, she is guilty or whatever, but everyone on that jury and in that court room would have done the same thing.
30k is couch-cushion money to martha stewart. i hope they put that bitch on ice!canadianhitman said:Exactly, Digger....what's someone worth nearly a billion doing risking insider trading to save less than 30K? It's the most disgusting example of greed I've ever seen. That's why I'm hoping she does some hard time.
canadianhitman said:Exactly, Digger....what's someone worth nearly a billion doing risking insider trading to save less than 30K? It's the most disgusting example of greed I've ever seen. That's why I'm hoping she does some hard time.
canadianhitman said:atlantabiolab,
She broke the law, plain and simple. White collar crime is hardly victimless...ask the people who used to work for Enron...and all the companies left holding the bag on their debt. Insider trading is a crime, and Martha Stewart is not above the law. If people like her were permitted to manipulate the stock market as they saw fit, the whole system would collapse. Nobody 'forced' Martha to lose her money....she gambled on a stock and then couldn't accept it when she lost. If you don't want to lose, then don't gamble.
Forge said:The saddest part of the whole story: this shit happens every day. Martha got caught, and because she is a "popular" figure she is getting roasted in the limelight. MANY people with money made their green based on "tips", most get away with it.
canadianhitman said:atlantabiolab,
She broke the law, plain and simple. White collar crime is hardly victimless...ask the people who used to work for Enron...and all the companies left holding the bag on their debt.
Insider trading is a crime, and Martha Stewart is not above the law.
bluepeter said:Exactly, and for those that say it's not fair, how about if you had a couple of thousand in that stock and were not privy to the same info Martha had? You would have lost a bundle obviously and likely couldn't afford it like Martha can. How would you feel then knowing she saved herself some bucks cause she's buddies with the CEO and you lost a couple of years savings cause you're just a peon? I'll tell you how I'd feel.....
atlantabiolab said:
What the hell do feelings have to do with this? Do you really believe that all investors have the same knowledge base from which they make decisions? How many day traders who buy an infomercial product, claiming to make them rich from investing, lose their savings? Do you really think that those who walk in the realm of the elite, are not privy to more knowledge than Joe Average? If you concede this fact, then why do you believe that they should not have the right to make decisions, purely for self-interest, on such information? Because this information is not spread equally to the masses?
This is pure egalitarian crap. It is OK to succeed only if everybody wins.
canadianhitman said:
She broke the law, plain and simple.
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