Friday, August 12, 2011

Please explain the issues of the Martha Stewart case? Should she have been sentenced to jail?

This is a case where being a celebrity really hurt an individual. Trading with preliminary information about a stock is done all the time, but no one, I mean no one ever puts himself in a place where others know of the deal. Martha Stewart did it and someone talked. She had such a mammoth operation and could not afford to take a chance on making $300,000 while losing $500,000,000 when her conglomerate was literally cut in half. Jail time was called for in lying to the federal government. Greed is an expensive habit to break.

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