SEC to seek Stewart removal
I’ve never been a fan of Martha Stewart. From all the rumors I’ve heard I’ve imagined her to be a very cantankerous woman. Still I wonder if the SEC is persuing her as hard as the news reports make it seem or would they persue these charges against anyone they suspect of insider trading just as hard? The publicity from this mess she is in has already cost her over $200 million in personal losses from the $12 a share drop in her own companies stock. How bad is this crime she’s accussed of that this isn’t enough punishment for her already… and she hasn’t even been found guilty of anything yet.
Also, I wonder if she had said that her friend, Sam Waksal, just appeared to her to be under stress so she sold the stock based on observation of him, if this would also be insider trading?
General | Larry Burton | 23 October 2002 |
