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tathi
wanderlust

Registered: Jan 2003
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Mar-06-2004 00:25
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DaveSZ
When The Levee Breaks

Registered: Jan 2003
Location: ATX
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Mar-06-2004 01:58
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zenperson
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While I don't have much pity for Martha, I can honestly say that I'm no better than she is. Yes, I have lied in my life and yes I have lied to hide my lies.... All of of us have....I think it's good to see a person of her standing get caught because it will remain an ever constant reminder that even the most seemingly "honest" and successful people are still people....just like each one of you reading the words on this post right now..... 
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Mar-06-2004 12:55
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Shakka
Supreme tranceaddict

Registered: Feb 2003
Location:
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| quote: | Originally posted by zenperson
While I don't have much pity for Martha, I can honestly say that I'm no better than she is. Yes, I have lied in my life and yes I have lied to hide my lies.... All of of us have....I think it's good to see a person of her standing get caught because it will remain an ever constant reminder that even the most seemingly "honest" and successful people are still people....just like each one of you reading the words on this post right now..... |
Yes....she's really like...Jesus, dying for our sins.


(I think the cuffs were added recently
Perhaps you need a little more juice to realize why it's really such a big deal in her case.
You see, before Martha Stewart was the CEO of a once multi-billion dollar corporation(bully for her!)she had a lot of earlier experience as well. In her younger days she was a stockbroker. I'm sure she was a very good stock broker at that, as she became pretty successful from that. Not until later did she start making appearances on the Today Show with little household tips and such. Not only until 1991 did she start writing/publishing Martha Stewart: Living Magazine, which became a quick success. Not until the middle of the stock market mania (1998) did she go public with her magazine/company and completely sell herself to the world. At that point she became the billionaire who was both loved by so many and hated by so many more. Oh, and did I also mention that during the time she was accused of impropriety, she held a BOARD SEAT on the New York Stock Exchange??? Yeah, she stepped down in 2002, after she'd been found out.
Aside from the well known sentiment that Martha Stewart is a raging bitch perfectionist. Countless stories abound about Martha doing something or another that was incredibly bitchy. Apparently she once tried to pin her neighbor or gardener against a fence with her car. I'm pretty sure there was a book written about it several years back(Maybe in the mid-late 90's). Yeah, one of the jury members was interviewed yesterday and he said that Stewart's best friend provided some of the most damaging testimony against her!
Anyway, back to the story. Martha was a stockbroker, a CEO/Chairperson of a multi-billion dollar, publically held company, and she SAT on the BOARD of the NYSE. You think she didn't know the rules? You think she didn't have any reservations that what she might be doing would look a bit suspicious? It's pretty obvious that she was trading on insider information, but it simply couldn't be proven without a doubt. And the fact that she then lied and made up stories instead of coming clean. This wasn't just a little mistake that people make. This was basically a big FU to the SEC, the NYSE, and anyone who ever believed in her ethics and integrity. There need to be consequences. Dishonest till the end. Just like Jesus.
Anyway, I'm glad she was found guilty, and I'm glad her stockbroker was found guilty as well, even if they'll both end up serving less than a year in prison.

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Mar-06-2004 13:25
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