Martha Stewart Guilty?

Martha Stewart Guilty - Movies, Music, Fashion, Sports - Posted: 16th Jul, 2003 - 11:40pm

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4th Jun, 2003 - 9:37am / Post ID: #

Martha Stewart Guilty?

Do you think Martha is guilty as sin or is she really so ignorant of her own affairs?

From ABC News:

Martha Stewart Has Been Indicted By a Federal Grand Jury

https://www.abcnews.go.com?cmp=EM1391



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4th Jun, 2003 - 10:40pm / Post ID: #

Guilty Stewart Martha

From ABC Nightline:
Do you believe this statement: 'Martha Stewart has probably had a bigger impact on the modern lifestyle of the American household than any single person'.

There are few people who are recognized, much less evoke visceral reactions, on mere mention of their first name alone. Madonna. Oprah. Hillary. And of course, Martha. (Why are they all women?)

Martha Stewart has probably had a bigger impact on the modern lifestyle of the American household than any single person. At a time when women were entering the workforce by the millions, along came a woman who taught us that it was OK, even trendy, to take pride in housework. Entertaining, cooking, home decorating, gardening and crafting. All of the forgotten skills of our mothers and grandmothers were suddenly in vogue again.

But as much as millions of women bought hot glue guns because of Martha, millions also rejected the seemingly unattainable perfection of the Martha lifestyle. In many ways, Martha embodies the conflict so many of us feel about the expectations for modern American women. The superwoman who can have it all. A venerable multimedia CEO and a hostess who bakes her own bread, using organic eggs hatched by her own chickens.

Love her or hate her, Martha Stewart is an American success story. She turned a small Connecticut catering business, born in her basement kitchen, into multiple cookbooks, an eponymous magazine, cable television shows and enormous product line that includes bed and bath, kitchen, gardening, paint and storage equipment. Her products carried by KMart reportedly generated $5 billion in total sales between 1997 and 2001. When her company, Martha Stewart Living Omnimedia, went public in 1999, it was an enormously successful IPO, making Stewart a billionaire, at least on paper, virtually overnight.

So, why would such a phenomenally successful woman risk so much to sell nearly 4,000 shares of a biotech company, saving a mere $45,000? Stewart maintains her innocence and says that the sale was not insider trading. She says she had a standing order with her broker to sell the shares if the stock fell below $60 and was not tipped off to make the sale. Are the prosecutors making an example of Martha Stewart? If she were not a celebrity, would she be facing charges?



4th Jun, 2003 - 10:51pm / Post ID: #

Martha Stewart Guilty? Sports & Fashion Music Movies

martha is probably guilty but she was trying to protect herself and in knowing befor hand information she tyried to use it to her advantage.  and thats what is the no no thing. because to hurt another person purposily in taking and selling stock you know will be going down is a wrong thing to do  moraly, and spiritualy.



5th Jun, 2003 - 12:21pm / Post ID: #

Guilty Stewart Martha

yes and also the fact that those stocks are related to health issues! that was a really wrong move by Martha Steward part sad.gif some people think that in business anything is allowed.



6th Jun, 2003 - 7:53am / Post ID: #

Guilty Stewart Martha

[center]Innocent?[/center]

'I AM INNOCENT,' STEWART SAYS
Martha Stewart took her defense straight to the public today, writing in a
newspaper ad "I am innocent" and "will fight to clear my name" in a federal
insider trading case that pressured her to step down as head of her retail and
media empire.
https://deseretnews.com/dn/view/1%2C1249%2C...38152%2C00.html



6th Jun, 2003 - 12:12pm / Post ID: #

Martha Stewart Guilty?

Well, if she's innocent then she needs to prove it. But if she's guilty then she needs to pay for her crime like any other citizen.



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Post Date: 16th Jul, 2003 - 11:40pm / Post ID: #

Martha Stewart Guilty?
A Friend

Martha Stewart Guilty

I think that Martha Stewart is guilty.  It isn't just a coincidence that she knew exactly when to sell her stocks in some of those businesses.  She was tipped off that the stocks were going to drop.  There is nothing that Martha Stewart will ever say to change my mind about that either.


 
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