NEW YORK (CNN/Money) - Martha Stewart was sentenced to five months in prison and fined $30,000 Friday for lying to investigators about her sale of ImClone Systems stock in late 2001.
Federal Judge Miriam Cedarbaum also ordered Stewart to five months of home confinement and two years of supervised probation after she is released. It was the minimum sentence the judge could impose under federal sentencing guidelines.
Terrible....she got off easy just because of who she is. I don't know why but I hate her, hopefully her career is shot for good.
Martha Stewart...5 months in jail
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oh and i think there is just no room in US prisons for white coller criminals.
I think i would've done the same crime if i was in her situation, the insider trading ,which was the actual crime that she should've been charge but instead she got hit by a cheap but clever shot (i wouldn't have lied tho).
I think i would've done the same crime if i was in her situation, the insider trading ,which was the actual crime that she should've been charge but instead she got hit by a cheap but clever shot (i wouldn't have lied tho).
Re: Martha Stewart...5 months in jail
who ?Mavis wrote:NEW YORK (CNN/Money) - Martha Stewart was sentenced to five months in prison and fined $30,000 Friday for lying to investigators about her sale of ImClone Systems stock in late 2001.
never heard from
Good morning everyone,
I do believe that Martha Stewart is being used as a scapegoat.I am sorry for her on a personal level. This can not be an easy time for her or her family.
I am glad that prosecutors have persued this indictment to fullest extent of the law.
Ms. Stewards actions, though mimaced by many rich and powerful people the world over, need to be addressed. The world of finance is a fragile one and scandals within the last 10 years are testimony to that. For the sake of the common shareholder I am glad that Ms. Stewart is being brought to justice.
Lexi
I do believe that Martha Stewart is being used as a scapegoat.I am sorry for her on a personal level. This can not be an easy time for her or her family.
I am glad that prosecutors have persued this indictment to fullest extent of the law.
Ms. Stewards actions, though mimaced by many rich and powerful people the world over, need to be addressed. The world of finance is a fragile one and scandals within the last 10 years are testimony to that. For the sake of the common shareholder I am glad that Ms. Stewart is being brought to justice.
Lexi