Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: AbsoluteJustice
I am still trying to understand how a woman that dumped her stock the day before stocks tanked is somehow a "genuine violation of rights."

The stock dumping has nothing to do with this case. You should read up on it a bit before being so free with your comments.

27 posted on 01/23/2004 1:07:34 PM PST by presidio9 ("it's not just a toilet, it's a lifestyle.")
[ Post Reply | Private Reply | To 23 | View Replies ]


To: presidio9
The stock dumping does have something to do with the case. She is charged with obstructing justice by lying about the stock dumping.
30 posted on 01/23/2004 1:15:12 PM PST by CobaltBlue
[ Post Reply | Private Reply | To 27 | View Replies ]

To: presidio9
The stock dumping has nothing to do with this case. You should read up on it a bit before being so free with your comments.

It has everything to do with the case. If not for the stock dumping, she would not have been in the position to cover it up and obstruct justice, which is what she is charged with. It was the stock dumping that she was obstructing justice about. She didn't just walk up to the DA and start lying to him about random things for no reason. Now, the whole SEC civil suit against her for stock fraud based upon her public statements being untrue is total BS, and if she fights she will likely win. Nike was recently sued for lying in public about their child labor programs in SE Asia and they were acuqitted of that, the civil case against Martha would seem to fall along similar lines.

Back to the stock dumping... a lot of people think that it is no big deal. In fact, some economists assert that insider trading is a good thing because it ensures that capital markets are more efficiently priced. What you are all forgetting however is that if people feel like the game is rigged against them, they won't invest in the capital markets and the economy will be greatly harmed.

32 posted on 01/23/2004 1:15:48 PM PST by Rodney King (No, we can't all just get along.)
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson