Thread: Martha's out...
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Edwin Pawlowski wrote:
> "ScratchMonkey" > wrote in

message
> >
> > A nice analysis of her "crime":
> >
> > http://harrybrowne.org/articles/MarthaStewart2.htm
> >
> > The real criminals are the federal prosecutors, making big names

for
> > themselves.

>
> Nice? She did something wrong and the writer says "so what" to her

lying
> and using inside trading. Just because you don't agree with a law,

you
> don't have the right to break it. <snip>


Since you're such a righteous and stern law and order man you should
know that MS has NOT been convicted of insider trading. That charge
wasn't even brought against her by the feds. In fact, her lawyers more
than once told the federal judge, Miriam Greenbaum, that the less alert
members of the public would believe that she was being tried for
insider trading.

Whether her action in selling the IMClone stock was, technically,
insider trading is yet to be determined. No criminal proceedings are
planned on the issue, as most knowledgeable observers do not believe a
criminal act took place. The SEC is planning a civil investigation but
no hearings, deposition-taking, etc., have been scheduled yet.

Mac