RFC POLL: Is Martha Stewart Guilty?
"The Wolf" > wrote in message
...
> On 01/29/2004 11:29 AM, in article
> , "zxcvbob"
>
>
>
> Wall St. Journal reporter was interviewed and said there is one serious
> charge of lying to prop up her own company stock.
>
> If convicted on that she does time, Federal sentencing guidelines judge
has
> no wiggle room.
I think that is the most troublesome aspect of the case. She may have lied,
and that may have propped up her company's stock. I don't see how they
could prove that she lied with the intent to prop up the stock unless she
explicitly told someone her motivation. In the end, she acted as a private
citizen with respect to her stock transactions, not as the head of her
company. I think this is where the prosecution will fail. I think she will
walk, or there will be a last-minute deal where she pleads guilty to some
minor infraction and pays a large fine. She will say that she admitted
guilt to minimize damage to her company and the prosecutors will be able to
save face.
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