View Full Version : Martha Stewart- Guilty
666fast
03-05-2004, 07:09 PM
I didn't think they would get her, but they did.
They found her guilty of Obstruction of Justice and providing false statements. Basically she lied to the investigators.
She is now facing 5 years in prison and a $250,000 fine for each count. That means the maximum is 20 years and a $1 million fine!
Sentencing to be on June 17
The newspeople seem to think she'll get some prison time. I do too, but I don't think she'll get 20 years. I don't think she'll get more than 5 years.
Now it's time to go after the Enron and Worldcom executives.
SPEEDKILLAR
03-05-2004, 07:16 PM
Martha who??? :?
666fast
03-05-2004, 07:23 PM
Martha who??? :?
A self made billionaire and a grade "A" bitch.
Junk2006
03-05-2004, 07:23 PM
wtf
thats bull she should be put free
ppl are getting killed and we are using funds to fuck someone over
its ridiculous
a fine is reasonable but jail time is fucking stupid
666fast
03-05-2004, 07:28 PM
I also forgot to add her companies stock dropped 23% after the verdict came out.
ppl are getting killed and we are using funds to fuck someone over
its ridiculous
a fine is reasonable but jail time is fucking stupid
No, she belongs in prison. She broke the law and deserves to do time. Just because she's a famous billionaire doens't mean she is above the law. She knew what she was getting herself into when she lied to the investigators. She deserves everything she gets.
Nemisis8u
03-05-2004, 07:29 PM
Wow, the world is so much safer now. I dont get the whole martha stewart thing. Does it have to with some stocks that she sold right before they went down?
Junk2006
03-05-2004, 07:32 PM
In a company you will know when your company's stocks go down so she sold her stocks right before they went down
it is against the law
the catch is it happens all the time no body gets investigated no body goes to jail
that is why this is stupid
I can understand a fine but jail time
I don't know what people are thinking when they put people in jail
O K I will put these people in jail with people that are worse than them (ie drugdealers, rapists, murderers) and there supposed to come out rehabiltated
NO THEY COME OUT WORSE AND A NOW NEWLY IMPROVED PLAN HOW TO FUCK SOCIETY OVER
666fast
03-05-2004, 07:39 PM
She was accused of insider trading, but it was dropped due to the lack of evidence. But they nailed her with lying and obstruction.
She was tipped off by Sam Waskal who was the CEO of Imclone. Their latest drug was not going to be approved by the FDA. Which meant the stocks would drop. He told Martha, she sold the stocks. She had to know it was illegal, but she did it anyway.
She saved herself a whopping $40,000. Does that amount matter to a billionaire? No, it doesn't. For the record, Sam Waskal got 7 years in prison.
Wow, the world is so much safer now
Just because she didn't hurt anybody, doesn't mean she didn't commit a crime. Do the crime, do the time. Like I said before, she knew what she was getting herself into.
She knew it was illegal to sell those stocks, she knew it was illegal to obstruct an investigation and she knew it was illegal to provide false information. It's her fault, she belongs in jail. Had she just cooperated and told the truth, she would have probably just gotten a fine and walked away from it. She chose not too.
666fast
03-05-2004, 07:40 PM
the catch is it happens all the time no body gets investigated no body goes to jail
that is why this is stupid
I can understand a fine but jail time
Go read a newsreport. She wasn't convicted of insider trading. This is all about her lies and obstruction of justice. It has nothing to do with insider trading.
FerrariFerrari
03-05-2004, 11:21 PM
The jail sentence and the fines are only a small part of the price that
she will pay in the long run. The biggest price that she will pay is the
loss of her company which will inevitably go to the pot quite soon. The
reason why her company will go down is because it is so closely tied
to her, in fact it basically is her, so when she goes down the company
goes down.
She saved herself a whopping $40,000. Does that amount matter to a billionaire? No, it doesn't.
It seams that she has always sweated the small stuff, but then again,
don't most ladies do that, I guess that it doesn't make a difference
weather you're a billionaire or a housewife.
Tomerville
03-05-2004, 11:24 PM
She saved herself a whopping $40,000. Does that amount matter to a billionaire?
If you are greedy, what does matter besides saving here, gaining there?
brijoel
03-05-2004, 11:53 PM
ya know, i love it when people criticize a justice system, yet decide to leave a suggestion out as to what would be better. you dont wanna put em in jail.....ok, what do you propose people have done to them when they commit a crime such as this? fine them and just let them go. nice....slap em on the hand and let em leave it at that? you also seem to forget there are different amounts of security for different prisons....they dont put everyone in the same thing. in fact the chances of someone like her being put into something like a maximum security prison is totally senseless. believe it or not some judges do care about what happens after some of these people are put away and do not put them in direct danger with people such as mass murders and drug lords.
so many people outside of the US love to criticize our system, but they are terribly ignorant about it and fail to realize every other system on earth literally pales in comparison in terms of fairness and true justice. granted im sure you will come back and say something about the number of people who are deemed guilty but are innocent blah blah blah. the fact of the matter is that is VERY far from common, but i doubt you would have known that anyways.
oh well..... :roll:
Junk2006
03-06-2004, 12:00 AM
ya know, i love it when people criticize a justice system, yet decide to leave a suggestion out as to what would be better. you dont wanna put em in jail.....ok, what do you propose people have done to them when they commit a crime such as this? fine them and just let them go. nice....slap em on the hand and let em leave it at that? you also seem to forget there are different amounts of security for different prisons....they dont put everyone in the same thing. in fact the chances of someone like her being put into something like a maximum security prison is totally senseless. believe it or not some judges do care about what happens after some of these people are put away and do not put them in direct danger with people such as mass murders and drug lords.
so many people outside of the US love to criticize our system, but they are terribly ignorant about it and fail to realize every other system on earth literally pales in comparison in terms of fairness and true justice. granted im sure you will come back and say something about the number of people who are deemed guilty but are innocent blah blah blah. the fact of the matter is that is VERY far from common, but i doubt you would have known that anyways.
oh well..... :roll:
corpral punishment all I have to say
brijoel
03-06-2004, 12:41 AM
so what you are saying is we should cut off her hand for stealing? lol, thats funny, or perhaps you meant spank her. lol. im sure you mean more of the eye for an eye, well it just so happens shes having to give more than she stole anyways, and i highly doubt someone with as much money as her could really give a shit. but maybe you should explain your sense of corpral punishment, because you dont really explain what happens to who.
sorry, but its hard to give someone worse punishment than taking time from their life. the only thing worse is taking the life altogether. tell me........do you believe in the death penalty? if not....why? if so....why? cause ive dealt with so many people like you its funny to listen to anymore. i can pretty much guess what you will say for either answer, but go ahead, it will be nice to have some amusement on here.
funny how you totally avoided responding to anything else i said.
robruf
03-06-2004, 02:44 AM
She deserves to go to jail for 5 years and the million dollar fine, as she used insider trading to her advantage and this is striclty illegal, I mean $ 40,000 profit to a billionaire is not even 0.00004% of her total worth at maximum. Most people that have invested in this stock are average people trying to get ahead and probably have used their savings to invest in stock and then some stupid bitch is the only person in the world to get a call to say to sell the stock early, and no one else did, so I say fuck her, everyone has to play fair by the rules, but rules can be bent, but she was so fucking stupid about it.
Any one here from Canada will obviously remember Bre-x, the gold stock as one stock broker in Ottawa made over $60 million CDN on the deal, but then he hedged it on other stocks and when Bre-x was going down the tubes he couldn't get rid of it fast enough and he lost his $5 million house and new 993 Turbo, this was in 1996. But the most famous of all is Micheal Copeland the founder of Corel software products, he sold his stock for over $20 million just before the bottom fell out and they are saying that he had knowledge about future quaterly earinings in advance, well, of course he did, he was the CEO, but he was smart and that stupid bitch is not, a homemaker doesn't make a business person, just ask Omerosa from The Apprentice, fuck that bitch was stupid, then she started to cry, served her stupid ass to get FIRED, then she showed up on Jay Leno earlier tonight and started to argue with him and you could tell that he wanted her off the stage, so they went to commercial earlier, it was so funny.
Yeah that's it roast her for "lying and obstructing justice"...
Amazing everyone forgot about Clinton lying and obstructiing justice - seems he got away with that AND murder - not once, not twice... but how many people surrounding Clinton died mysterious deaths?
I guess he was ok - he never did any "dirty trading" - I mean THAT's far worse than what he did...
*shrug*
666fast
03-06-2004, 03:21 AM
Conspiracy theories :roll:
Conspiracy theories :roll:
No - simply reading the transcripts of the Starr inquest.
Clinton should have been impeached for "lying to investigators and obstructing justice" qualifies as "high crime or misdemeanor" by anyones standards and if it took Martha down - it should have taken Clinton down as well - but he got away with it - and Martha didn't... *shrug*
yg60m
03-06-2004, 03:39 AM
Where is Mulder please ? 0X
I think it was so obvious that she did it ! A lot of ppl do insider trading, i think most person that are doing lot of money on trading but they are more cautious.
She played, she loosed, that's the name of the game (ABBA ...) :wink:
Where is Mulder please ? 0X
I think it was so obvious that she did it ! A lot of ppl do insider trading, i think most person that are doing lot of money on trading but they are more cautious.
She played, she loosed, that's the name of the game (ABBA ...) :wink:
Insider trading is not what she went down for - it was the "lying to investigators (perjury) and obstructing justice" - which, like contempt of court, will get the book thrown at you - and often carries a stiffer penalty than the original crime you were charged with.
And in case you did not know the facts - Clinton was impeached for "perjury obstruction of justice" - but instead of getting the trip to the big house - he got CIA protection and a million dollar tax free pension...
Bill Clinton was ultimately dragged down—though not defeated—by the character issues brought into question even before his election. An investigation into some suspect real estate dealings in which Clinton was involved prior to his presidency failed to turn up any implicating evidence. However, Independent Counsel Kenneth Starr managed to unravel a tangled web of alleged sexual advances and affairs in Clinton's past. The trail led to former White House intern Monica S. Lewinsky. After months of denials, including in a videotaped legal testimony, Clinton admitted in August of 1998 that he had had a sexual relationship with the young woman during the time of her internship.
See - telling a lie under oath then being caught out is perjury - funny how everyone is so quick to sink Martha - yet let Clinton go free... ;)
brijoel
03-06-2004, 05:44 AM
i totally agree with rc on this one, i was amazed clinton got off as easily as he did, but accusing someone of murder....thats quite a tall order on someone's character. do you have any info around i could take a look at that is incriminating? cause ive never seen any of that around. i think some saw impeaching clinton as making our nation seem more unstable and could disrupt our booming economy we had, but as we all know, that went to shit with 9/11 anyways. btw, i wasnt trying to imply the "mysterious deaths" didnt occur nor am i saying they werent even murders, but i dont make accusations till ive personally seen proof is all. HOWEVER, there have been many administrations with mysterious deaths, and none of those have really ever been brought out. clinton should have done time IMO. BTW im a democrat so before i even get called a right wing'd pig, dont bother, lol. :roll:
robruf
03-06-2004, 08:30 AM
Clinton didin't lie, as he didn't have sexual relations with that woman, he just got his dick sucked, I mean its just like sucking your finger, it is not cheating, if you believe it is not cheating , the only thing Clinton is guilty of is getting his dick sucked by some ugly fat bitch.
Gee, I wonder what affects people more being blown or cheating other people out of their hard earned money. The average American I think anyway, can relate a hell of a lot more easily to gettting blown by a co-worker than to be given preferential treatment in trading in your stocks by having the president of the company call you and tell you to sell your shares.
Junk2006
03-06-2004, 09:39 AM
so what you are saying is we should cut off her hand for stealing? lol, thats funny, or perhaps you meant spank her. lol. im sure you mean more of the eye for an eye, well it just so happens shes having to give more than she stole anyways, and i highly doubt someone with as much money as her could really give a shit. but maybe you should explain your sense of corpral punishment, because you dont really explain what happens to who.
sorry, but its hard to give someone worse punishment than taking time from their life. the only thing worse is taking the life altogether. tell me........do you believe in the death penalty? if not....why? if so....why? cause ive dealt with so many people like you its funny to listen to anymore. i can pretty much guess what you will say for either answer, but go ahead, it will be nice to have some amusement on here.
funny how you totally avoided responding to anything else i said.
I didn't read anything else you said firstly
And yes I do believe in the death penalty why because I believe in an eye for an eye
Why shouldn't someone pay back his life for anothers, he took a life now its time to give his, in the same inhumane fashion
As for how would I deal with smaller offences a fine, cutting off of a crook's hand, possibly beatings it depends on what you are talking about give me an example and I will give you a punishment
FerrariFerrari
03-06-2004, 03:08 PM
My personal opinion as to why Clinton was not punished for what he did is
1(the people were worried that if they voted him out of office that what might
happen to them after all he allready killed many people for the sake of saving
himself and 2(politics played a pretty big roll in the whole ordeal, but I won't
go any further cause I don't want to turn this thread into a political debate.
FoxFour
03-06-2004, 05:25 PM
Getting back to Martha- she lied to the feds, she got caught. The prosecutor said that they were nailing her for lying and obstruction of Justice, that's all. I guess that's why the judge in the trial threw out the charge of Insider trading because there was not enough evidence to prove that she did in fact know about the stocks ultimate demise. The prosecutors did not want to waste their time on that charge. Now lets get back what people were saying about the Feds should just overlook this seemingly small, petty crime as Insider Trading and focus on the more 'important' things, ie; drug dealers, terrorism,etc. For a number of years the Feds did just that, to a certain degree-and then there was September 11'th, 2001. Our nations economy seriously reeled from such an attack, as the terrorists had hoped it would, people were questioning about whether or not to travel by plane, ship or car. Hesitant they were about investing in our nations and even our world economy, just to put their money away for a rainy day, to be prepared for another attack. Businesses were suffering terribly , the U.S. government was almost desperately telling Americans to continue to go on vacations, buy things at the retail stores, in essence; put your faith and your dollars back in the economy. With all this going on, the business practices of Enron and WorldCom were front page news here every day. During the trials of these two big corporate scams, the US government finally told the American people that for ever and a day they ( the scum) were getting away with murder and now with our nation's national security at stake from terrorists trying to undermine everything that we as Americans have tried to build for us, no longer will they get a 'free pass' from them, the federal judicial system. Martha just did not give a flying flip, she was here during 911. IMO, she is almost as bad as a terrorist.
FerrariFerrari
03-06-2004, 06:11 PM
Getting back to Martha- she lied to the feds, she got caught. The prosecutor said that they were nailing her for lying and obstruction of Justice, that's all. I guess that's why the judge in the trial threw out the charge of Insider trading because there was not enough evidence to prove that she did in fact know about the stocks ultimate demise. The prosecutors did not want to waste their time on that charge. Now lets get back what people were saying about the Feds should just overlook this seemingly small, petty crime as Insider Trading and focus on the more 'important' things, ie; drug dealers, terrorism,etc. For a number of years the Feds did just that, to a certain degree-and then there was September 11'th, 2001. Our nations economy seriously reeled from such an attack, as the terrorists had hoped it would, people were questioning about whether or not to travel by plane, ship or car. Hesitant they were about investing in our nations and even our world economy, just to put their money away for a rainy day, to be prepared for another attack. Businesses were suffering terribly , the U.S. government was almost desperately telling Americans to continue to go on vacations, buy things at the retail stores, in essence; put your faith and your dollars back in the economy. With all this going on, the business practices of Enron and WorldCom were front page news here every day. During the trials of these two big corporate scams, the US government finally told the American people that for ever and a day they ( the scum) were getting away with murder and now with our nation's national security at stake from terrorists trying to undermine everything that we as Americans have tried to build for us, no longer will they get a 'free pass' from them, the federal judicial system. Martha just did not give a flying flip, she was here during 911. IMO, she is almost as bad as a terrorist.
Hmm, I know what the general gist of your post is, but I can't quite say that
I follow you on all of it, it was a little unclear. :scrambleup:
maalox
03-06-2004, 06:48 PM
Well I can't say that I feel very sorry for her. For a woman worth more than $300 million, she's lost virtually everything over about $60,000. Greed was her greatest flaw.
Well I can't say that I feel very sorry for her. For a woman worth more than $300 million, she's lost virtually everything over about $60,000. Greed was her greatest flaw.
But isn't that the whole point of capitalism?
Greed...
brijoel
03-06-2004, 07:25 PM
^^^so socialism where doctors and janitors get paid the same would be better? c'mon now, i dont really consider wanting to flourish economically greed, especially since many people do give back, hell you dont have a choice but to give back really with taxes, social security and the like. yes, there are fuckers such as ken lay who exploit everyone to a point of hurting the investment world, but i dont know if id call the whole point of capitalism greed. i think its more, everyone has their fair chance in the same market. this is also why insider trading, etc is illegal for those that didnt understand why we go after these people, not reffering to you RC.
FoxFour
03-06-2004, 08:53 PM
[/quote]
Hmm, I know what the general gist of your post is, but I can't quite say that
I follow you on all of it, it was a little unclear. :scrambleup:[/quote]
I'm just an angry white boy. Don't mind me.. :wink:
Garretts_turbo
03-08-2004, 09:56 AM
ehh.....she messed up, now she pays. its just another case of the court making an example out of someone famous.
she'll go to club fed for a few then come out only to find her quilting career ruined.... damn. k-mart probably wont carry any towels....damn....and the public will move on....good......
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