Posted on 04/12/2013 8:08:25 PM PDT by SeekAndFind
n + 1: Neil Armstrong
n + 2: Chris Christie
Yep, I agree. I've heard BB referred to as "Amazon's showroom", meaning people look at the stuff there, but buy online for less.
Whoops, if I had read the article, I’d have noticed it too mentioned “Amazon’s showroom”
*slinks off to the corner, red-faced*
She was not a senior company executive of Imclone. She did not sell her company’s stock. She received a call from her broker that the CEO of Imclone was selling his stock and so she sold her Imclone based on the broker’s advice. Bet that’s not the first time something like that has happened with lots of other people.
She was not convicted of insider trading. She was convicted of lying to investigators and obstruction of a government agency proceeding.
I didn’t care for her show, or her demeanor, but I think she got the book thrown at her because she ticked off the wrong people.
She should never have said a word without consulting an attorney, and she should have been smart enough to know that. Maybe she had a superiority complex and felt she could do it herself.
I have no tears for her. There’s more important stuff to be concerned about.
‘Groupon absolutely SUCKS. Don’t ever - EVER use them if you are a business owner....’
WELL FROM THE BUYERS SIDE OF THINGS....i can report that i
used groupon twice ...got 3 25 dollar haircuts for 3o bucks..
and a year of the Sunday issue of the local newspaper for 10 bucks thats less than nineteen cents a copy DELIVERED..so i guess some offers work and some don’t..
;)
“n + 1: Neil Armstrong”
Yes, I suppose dying did hurt his brand.
That Hyundai-EPA stuff was a one day story that did nothing t hurt their brand. I’ll bet 99% of folks are completely unaware of it. I’m guessing the author has an axe to grind there.
Hyundai posted their best ever sales year in 2012 so I’m not sure how damaged the brand could be really.
They never reacted to the iPhone. I guess they thought they had the business segment sewn up. When they realized what was happening, it was too late.
Me either. But Jobs' passing has changed everything. The stock price is steadily decreasing.
Why?
You think what she did deserved time in the slammer? When people like Corzine walk around free?
Martha is a great example of why not to talk to the police, and little more.
Don’t Talk to Police
http://youtu.be/6wXkI4t7nuc
The charges of securities fraud against Martha Stewart were thrown out almost immediately. While I don’t pretend to be an expert on the case, I can only conclude that your knowledge of it is severely lacking at best. You should probably watch the video I posted earlier. It is extremely worthwhile, as many FReepers have noted.
I'm pretty sure she wasn't an executive at Imclone.
phoned her broker to sell her stock, knowing it was about to tank.
The stock went down about 20%. That's not tanking, especially for a non-diversified drug development company. The stock price actually recovered, went higher, and eventually the company was acquired. The tanking was due to an FDA letter. The company itself was sound with a valuable product.
What about Schlitz?
Mofia takeover!
I've got no affection for Martha Stewart myself, but what you said is moronic.
She was convicted under a "novel interpretation of that law".
That means what she did wasn't generally recognized as illegal when she did it, and her prosecution was therefore unconstitutional as "ex post facto".
Facebook.
The company’s censorship policy based on arbitrary, politically correct community standards will destroy Facebook. People and companies are getting their accounts blocked, censored and deleted for inane and completely stupid reasons.
The hacktivists at Anonymous are threatening to take action against Facebook. Russia is threatening to block Facebook for showing a video that teaches kids how to kill themselves.
OK she wasn’t an executive at ImClone, agreed. But she WAS privy to info that the FDA was about to rule against them, info the public marketplace did not yet have, and she acted on it. That’s not allowed - are you denying that?
And she was convicted, not just of lying to the Feds, but also conspiracy and obstruction. If she had nothing to hide, why lie?
The whole irony of this situation was that she was already very very rich, didn’t own that much IC stock anyway, and could’ve afforded the lousy $50,000 loss easily. Instead, she got greedy made it a lot worse.
Arrogance indeed.
ABC
NBC
CBS
New York Times
Time Magazine
Walter Kronkite
Roger Ebert
Disney...
(1) was settled in her favor per WSJ
I thought one of the charges against her was that in speaking positively about her company she was engaging in “stock manipulation”.
The novelty of the charge was that up to that point saying good things about your company was never considered stock manipulation.
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