Not a good thing?

[Ziffelpig]

Martha Stewart convicted of all counts in stock-trading trial.

NEW YORK (AP) - Martha Stewart was convicted Friday of obstructing justice and lying to the U.S. government about a superbly timed stock sale, a devastating verdict that probably means prison for the woman who epitomizes meticulous homemaking and gracious living.
Stewart was found guilty of conspiracy, making false statements and obstruction of justice. The charges carry up to 20 years in prison, but she will most certainly get much less than that under federal sentencing guidelines.

Her ex-stockbroker, Peter Bacanovic, 41, was convicted of conspiracy, perjury, making a false statement and obstruction of justice, but was acquitted of submitting a false document.

Does anyone think she will ever see the inside of a prison, if so do you think she deserves it.

[teegee420]

The CNN legal analyst seems relatively certain it will happen. The minimum sentence for 3 of the counts is something like 10 months each. I've never really cared for her but I can't help but feel bad for the old gal. I don't give a shit either way but I still think it's unfortunate for such an accomplished business person to go down in flames for something that is widely practiced. She should have been more careful, plus lying to the feds is never a good idea.

[northcat_8]

she's not bad looking for an older lady....

[gmatov]

She had a net worth of something like 800 million bucks, and did this shady deal, illegal as hell, and lied, according to the jury, to avoid a 1/4 million max loss.

Wonder what corners she might have cut, little rules she might have bent or broken, to get to that point, this wonderful businesswoman.

Consevative, I guess, as that is what a Consevative does, at all costs keep what you have, and of course pile it higher if you can.

No loss to me. Hell, even Julia Child didn't like the way anything she did on her show was something she discovered, such as heating meat to roast it, or breaking the shell to get the content out of an egg. "I have found...."

Cheers,

George

Christ, I hope you don't have pity for Ken Lay, who nearly bankrupt California, and did bankrupt most of his former employees, if they ever manage to make a case against him. Or Ebbers, of Worldcom, or Rigas, of Adelphia, or dozens of others, most of whom are getting away with their scama for now.

Cheers,

George

[jeex]

she would have "only" lost about $50K, and she's worth $800 million.. thats 1/16,000th of her worth..

if you made $30K/year that would be $1.88

why would she give a ****?

she "only" had like $300K sunk in to the whole deal anyways..

with that, i'm not sure she is guilty..

--------

northcat,

she's 62 year old..

[Solarjetman]

Consevative, I guess, as that is what a Consevative does, at all costs keep what you have, and of course pile it higher if you can.

What a load of garbage. Other than an obviously untrue generalization about conservatives, Martha Stewart has given load of money to Democratic politicians and liberal causes. In 2002, she gave over $140,000 to Democratic organizations. Saying Martha Stewart is a conservative is like claiming the sky is purple.

As for Martha Stewart, I think she will get a very short prison sentence. The sentencing judge will want to follow the book on this case, and the book says jail-time. I suspect she will be sentenced to 5 years and get just under one.

[gmatov]

Oops, must have hit a nerve, there.

No politics, Solar.

Having said that, as a disclaimer, no rich person in their right mind would fail to give to the party trying to take stuff from them, also. Maybe not as much, but elections are like a 2 horse race, hedge your bet and back 'em both.

Hey, the Darkhorse might win. Or the favorite, ala Gary Hart, a few years ago, front runner, might just say something stupid like "No, I don't cheat on my wife, follow me if you want; you'll see." Lo and behold, they took up his invite, snapped him coming out of his lovenest with the chickie, he's history.

Conservatives, especially the Neos, no names, but you could guess, (well, maybe you couldn't ) think they should get big tax breaks because they will put all that money into new business, and hire all those peons to work in them, if they'll work cheap enough.

Trickle down, remember, what trickles down their legs is free for the "liberals" to lap up.

You're here, so I don't think you're a Zillionaire, so what are you, a lunch box Republican?

Cheers,

George

Probably should have used a couple smileys in the last. You might not have got your knickers in a bunch. Well, mebbe you would have. Your posts don't often sound like you're smiling as you type.

edit: Jeez, I should pay more attention. She gave 140 grand away, but risked, and still may get, jail time for 40 grand? Is this stupid or what?
Ah, maybe the 140 was deductible and the picayune loss wouldn't have offset enough gains to be worth the loss. Think that could be it? No? I didn't think so. Ah, well, a loss is, after all, a loss.

[Solarjetman]

Typical, you personally attack me, and claim that you were making a light-hearted remark earlier by saying you should have put smilies?

I am only going to say I challenge you to find anywhere in my original post where I claimed conservatism is better than liberalism. My only arguments were..

1) you were making a generalization that was untrue of all conservatives
2) Martha Stewart is a liberal

Instead, you choose to bring up the talk of how conservative points of view are wrong with innuendo that all rich people are conservative. I do believe you were the one discussing politics, not me.

As for you comment against me, even though I shouldn't, I will answer it. I am not a lunchbox Republican. In fact I do not even consider myself a Republican. I am a Conservative, and on many issues am more aligned with the Libertarian party. I fall somewhere in between. I have in the past, and will in the future vote against Republicans when they do not hold the same beliefs I do.

[gmatov]

Wow! Great, you'll vote agin 'em, on occasion.

I'll vote agin 'em to, mebbe we'll throw 'em out.

"What a load of garbage. Other than an obviously untrue generalization about conservatives, Martha Stewart has given load of money to Democratic politicians and liberal causes. "

Horse puckey.

Gotta go to bed. 6 AM comes early.

Will hold dialogue with you tomorrow, if you like.

Cheers,

George