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Dave Smith
 
Posts: n/a
Default Does Martha Deserve it?

Nancy Young wrote:

>
> > > > The insider trading charges were dismissed due to a lack of evidence
> > > > on the part of the prosecutors. That does not mean Martha did not commit
> > > > insider trading, only that it could not be proven. Perhaps if Martha had
> > > > not lied to the SEC, she would have gotten convicted on the insider
> > > > trading charge.
> > >
> > > I don't believe she was ever charged with insider trading. She can't,
> > > she is not an insider.

> >
> > You do not have to be an insider to be guilty of insider trading. The person
> > who trades stocks based on information that was passed on them by the insider
> > is as guilty as the insider who passed it on.

>
> She was not charged with insider trading unless I am very much
> mistaken. And I think you're wrong about that, no offense at all
> intended.
>


http://www.miami.com/mld/miamiherald...al/8130039.htm

Insider trading charges were apparently stayed pending the outcome of the trials on
the other charges. She still faces those insider trading charges. And if you think
that insider trading does not involve the recipient of the tips, check out this
side from the US Securities and Exchange Commission.

http://www.miami.com/mld/miamiherald...al/8130039.htm