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Martha's mess hits Silicon Valley
SF Chronicle ^ | August 23 2002 | Carol Emert

Posted on 08/24/2002 12:39:26 PM PDT by Becwin

Edited on 04/13/2004 2:40:49 AM PDT by Jim Robinson. [history]

The long arm of the Martha Stewart scandal spread to Silicon Valley this week as shareholders sued venture capitalist John Doerr, who until recently served on the board of Martha Stewart Living Omnimedia.

The suit alleges that Doerr, Stewart and other company insiders dumped 5.3 million Omnimedia shares worth $79 million based on private information about the scandal brewing over Stewart's sales of ImClone System shares.


(Excerpt) Read more at sfgate.com ...


TOPICS: Crime/Corruption; Culture/Society; Extended News; News/Current Events; US: California
KEYWORDS:

1 posted on 08/24/2002 12:39:26 PM PDT by Becwin
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To: Becwin
The long arm of the Martha Stewart scandal spread to Silicon Valley this week as shareholders sued venture capitalist John Doerr

John Doerr is nominally a Republican but gave lots of money to both Clinton and Gore.

2 posted on 08/24/2002 12:42:21 PM PDT by Paleo Conservative
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To: Paleo Conservative
A lot of these young capitalists are liberals, because they went to school at liberal colleges or came from families that are socially liberal. Olus they know that liberal politician can bebought as easily as any Republican.
3 posted on 08/24/2002 1:23:16 PM PDT by RobbyS
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To: Paleo Conservative
"The long arm of the Martha Stewart scandal..."

The long and flabby arm that is.

What a heifer.

4 posted on 08/24/2002 3:34:41 PM PDT by billorites
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To: Becwin
bump!
5 posted on 08/25/2002 12:14:38 PM PDT by VOA
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