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Vox Humana
 
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Default question about Martha S.


"wesley" > wrote in message
news
> On Sat, 28 Feb 2004 12:39:41 -0800, paula wrote:
>
> > thankyou all for answering my query about the cookie sales. now for
> > another question.Late last night ( 2am. actually) i caught the back
> > end of an american news show. All i heard was that martha S. was
> > facing a possible 20-30 year jail sentence if found guilty !!!!! Now
> > through this group i have gathered that martha has her own t.v. show,
> > (although i do not know what kind of a show it is ) but what on earth
> > has she done to earn this. please enlighten me. thanks.

>
> She is charged with "insider trading" of a public stock. That is
> illegal.

Actually, she wasn't charged with insider trading. She was charged with
obstruction of justice, making false statements, another charge related
to covering up her alleged illegal stock transaction. In addition, she was
charged with securities fraud because she proclaimed her innocence and that
supposedly was an attempt to boost stock prices in her company (which she is
a major stock holder.) Friday, the judge dismissed the securities fraud
charge because "no reasonable juror could have convicted her." This is a
case where the cover-up was worse than the crime. It also goes to show that
being cooperative and making statements of any kind is often not in your
best interest, even if you aren't guilty of a crime.