She gets 5 months in jail, followed by 5 months house arrest, followed by 2 years probation and a $30,000 fine.
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Martha Stewart Going to Jail.
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Her jail cell will probably be nicer than my house- I just wonder if she's going to a real lockup or a country club. Who is more dangerous to society? A guy next door who sells weed, or the CEO who steals pensions from thousands of people? The guy next door will always do more time in the pen.
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Originally posted by THE BOUNCER
She is going to a minimum security prison. If you ask me, she shouldnt go to jail at all.
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Originally posted by THE BOUNCER
She is going to a minimum security prison. If you ask me, she shouldnt go to jail at all.
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Originally posted by gearjunky
Ok I might be the only dumb as$ here that doesn't know what the hell is going on with her?? what did she do wrong?
ive been hidding under a rock so help me:D
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She's an arrogant bitch who never even admitted to her wrongdoing and acted as if she was being victimized. She was convicted in a court of law of committing a federal crime. The statute called for 10-16 months minimum jail time, I believe but since she has gobs of money and can hire the best attorney that money can buy, she gets off easy. To make things even more comical, she is trying to get that sentence reduced or retracted. Fuck her, I hope she gets ruined. Anyone who thinks she's a victim here is drunk. She knew exactly what she was doing when she dumped her shares of Imclone stock just the day before the formal announcement that the cancer drug wouldn't get approval by the FDA. She dumped it to save a measley $50k and knew it was illegal. She was a multimillionaire and was so greedy that she had to sell out to save a pittance in her considerable financial holdings. Then she lies about it to federal investigators. She KNEW what she was doing- She was on the board of directors of the New York Stock Exchange for years! You don't get there unless you're aware of Securities and Exchange Commission Regulations. She made money dumping her shares (while stock prices were quite high) off on other people the day before the FDA's announcement that the Imclone cancer drug would not be approved for medical use. These people didn't have the insider knowledge that she received from the founder of Imclone, Sam Waksal, just after Christmas from an inside tip at the FDA. People who invested in Imclone saw their stock share prices drop from over $60. a share to only $45. a share after the FDA announcement the next day. She deserves at least the minimum sentence for such a crime and she's not even getting that. Martha lied to save her ass from much bigger trouble- namely getting convicted on insider trading- and she should pay the penalty any of us would be expected to do. She's not above the law- FUCK MARTHA STEWART. Bitch...
[rant off/]
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Originally posted by Primal Instinct
She's an arrogant bitch who never even admitted to her wrongdoing and acted as if she was being victimized. She was convicted in a court of law of committing a federal crime. The statute called for 10-16 months minimum jail time, I believe but since she has gobs of money and can hire the best attorney that money can buy, she gets off easy. To make things even more comical, she is trying to get that sentence reduced or retracted. Fuck her, I hope she gets ruined. Anyone who thinks she's a victim here is drunk. She knew exactly what she was doing when she dumped her shares of Imclone stock just the day before the formal announcement that the cancer drug wouldn't get approval by the FDA. She dumped it to save a measley $50k and knew it was illegal. She was a multimillionaire and was so greedy that she had to sell out to save a pittance in her considerable financial holdings. Then she lies about it to federal investigators. She KNEW what she was doing- She was on the board of directors of the New York Stock Exchange for years! You don't get there unless you're aware of Securities and Exchange Commission Regulations. She made money dumping her shares (while stock prices were quite high) off on other people the day before the FDA's announcement that the Imclone cancer drug would not be approved for medical use. These people didn't have the insider knowledge that she received from the founder of Imclone, Sam Waksal, just after Christmas from an inside tip at the FDA. People who invested in Imclone saw their stock share prices drop from over $60. a share to only $45. a share after the FDA announcement the next day. She deserves at least the minimum sentence for such a crime and she's not even getting that. Martha lied to save her ass from much bigger trouble- namely getting convicted on insider trading- and she should pay the penalty any of us would be expected to do. She's not above the law- FUCK MARTHA STEWART. Bitch...
[rant off/]
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