[GCFL-discuss] Concerns About Martha

[gcfl-discuss at gcfl.net]

 The time that she got isn't enough, I hope they loose the key.  Too many
people are getting away with white collar crimes these days. A message has
to be sent out that we are fed up with whats going on in the corporate world

Dave


----- Original Message ----- 
From: <gcfl-discuss at gcfl.net>
To: "Shirley Heit" <sdmheit at verizon.net>
Cc: "Discussion of the Good, Clean Funnies List" <gcfl-discuss at gcfl.net>
Sent: Tuesday, July 20, 2004 11:06 PM
Subject: Re: [GCFL-discuss] Concerns About Martha


> I see two ways to look at Martha's sentence:
>
> 1) Hey, she just did the smart thing, and everyone still loves her
> products, so, really, isn't this a little overblown? They just enjoyed
> going after a celebrity.
>
> 2) We forget, but when Martha sells stock at $60 a share, knowing the
> price will drop tomorrow to $20 a share, SOMEONE bought stock at $60 a
> share that is now worth only $20 a share. That's theft, pure and simple.
> If it takes a prison sentence to remind her, and others, then so be it.
>
> I find ground to accept both positions, but I give more weight to the
> second. The stock market doesn't create new money, it passes around
> money, and everyone time you sell, someone else buys. People too often
> think of it like somehow the money just appears from nowhere. On the
> other hand, she wasn't convicted of insider trading, she was convicted of
> lying to investigators about someone else's insider trading. So its hard
> to see a clear motive for the way the government went at this.
>
> Finally, I never liked Martha Stewart -- which is no reason to either
> convict or acquit her.
>
> Siarlys
>
> P.S. We ran the previous subject into the ground, but it IS being played
> up as THE campaign issue by the Republican candidate for U.S. Senator
> from South Dakota. So an awful lot of children are going to learn all
> about it.
>
> But thanks for offering an interesting subject to move on to.
>
>
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