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Martha Stewart Resigns
CNN ^

Posted on 06/04/2003 4:50:46 PM PDT by RoughDobermann

Edited on 04/29/2004 2:02:38 AM PDT by Jim Robinson. [history]

NEWS ALERT Martha Stewart resigns as CEO of her company after indictment on obstruction of justice and securities fraud charges. Details soon.


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


TOPICS: Breaking News; News/Current Events
KEYWORDS: marthastewart; resignation
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That's all so far.
1 posted on 06/04/2003 4:50:47 PM PDT by RoughDobermann
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To: RoughDobermann
And that's a good thing. (HA HA, I was first!!!)
2 posted on 06/04/2003 4:51:20 PM PDT by dfwgator
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To: dfwgator
Martha, Martha, Martha....
3 posted on 06/04/2003 4:52:43 PM PDT by mewzilla
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To: RoughDobermann; Alamo-Girl; onyx; SpookBrat; Republican Wildcat; Howlin; Fred Mertz; ...
Fox confirmed this too !



Please let me know if you want ON or OFF my General Interest ping list!. . .don't be shy.

4 posted on 06/04/2003 4:53:15 PM PDT by MeekOneGOP (Bu-bye Dixie Chimps! / Check out my Freeper site !: http://home.attbi.com/~freeper/wsb/index.html)
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To: dfwgator; RoughDobermann; yall


5 posted on 06/04/2003 4:54:26 PM PDT by MeekOneGOP (Bu-bye Dixie Chimps! / Check out my Freeper site !: http://home.attbi.com/~freeper/wsb/index.html)
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To: RoughDobermann
If only Hillary! had done the same thing when news came out about her $1,000 into $100,000 overnight miracle. (Resigned as "co-president" of course.)
6 posted on 06/04/2003 4:54:49 PM PDT by MizSterious (Support whirled peas!)
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To: RoughDobermann
I THINK that FOX News said that she will remain on the Board of Directors, tho ?
7 posted on 06/04/2003 4:55:54 PM PDT by MeekOneGOP (Bu-bye Dixie Chimps! / Check out my Freeper site !: http://home.attbi.com/~freeper/wsb/index.html)
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To: MeeknMing
Smoking Gun has the full indictment - I was just reading and it's filled with all kinds of things she & broker did to try and hide what they'd done, lie about it and try to obstruct the investigation. Things like changing e-mails to remove the message that ImClone was going down and telling the feds tales about phone conversations that never happened. With Clintonian ethics she really stepped in it big-time.
8 posted on 06/04/2003 4:56:01 PM PDT by Steven W.
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To: RoughDobermann
This doesn't sound like a strong position to be fighting charges from. I think her goose is pretty much cooked. Dumb, greedy woman.

Prairieb
9 posted on 06/04/2003 4:56:17 PM PDT by prairiebreeze (We will not deny, ignore or pass our problems along to other Presidents. ---GWBush)
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To: MeeknMing
she won't remain on BOD for long - that's something that SEC outlawed last year and is a civil action, by law, not a criminal action, so when the SEC says "goodbye" it's over.
10 posted on 06/04/2003 4:56:50 PM PDT by Steven W.
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To: MeeknMing
That pic is a very nice piece of work!
11 posted on 06/04/2003 4:56:54 PM PDT by jigsaw (God Bless Our Troops!)
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To: RoughDobermann

Excellent...

12 posted on 06/04/2003 4:57:00 PM PDT by jriemer (We are a Republic not a Democracy)
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To: RoughDobermann


Crying Towel Coordinates available now in Aisle 3.

13 posted on 06/04/2003 4:57:08 PM PDT by TomGuy
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To: MeeknMing
I THINK that FOX News said that she will remain on the Board of Directors, tho ?

For now, maybe.

14 posted on 06/04/2003 4:57:21 PM PDT by mewzilla
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To: RoughDobermann
And the crowd goes wild with Schadenfreude!!!!!
15 posted on 06/04/2003 4:58:35 PM PDT by MediaMole
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To: RoughDobermann
That will teach her to donate only to Democrats.

Ha. She though Al Gore was going to be President.
16 posted on 06/04/2003 5:00:55 PM PDT by Pukin Dog (Sans Reproache)
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To: MediaMole
And the crowd goes wild with Schadenfreude!!!!!

Heck, she brought it all on herself.
I think her proclamation yesterday that she would NOT resign makes it all the sweeter.
17 posted on 06/04/2003 5:01:00 PM PDT by VOA
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To: RoughDobermann
They better keep a close tab on Martha! She might bolt into the woods of North Carolina and live off the land like Eric Robert Rudolph (the alleged Olympic bomber). Think what Martha Stewart could do with a recipe of acorns and lizards! Can’t you picture Martha dressed out in fatigues diving into a dumpster behind a grocery store in Murphy, North Carolina, collecting food for her next gourmet meal on the run?
18 posted on 06/04/2003 5:03:01 PM PDT by NorseWood
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To: MediaMole
And the crowd goes wild with Schadenfreude!!!!!

Dow didn't do too bad, either. The market does love a good perp walk. Average is about 100 pts/perp by my calculations.

19 posted on 06/04/2003 5:03:27 PM PDT by mewzilla
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To: RoughDobermann
Shame -BUT....... I think she'l get off ALL charges if it goes to a jury..... and besides, I think she's attractive. I think she's motivted, an American success story..... and all for a couple hundred thousand when she's worth (or was worth) millions and millions.

I think she got the call that it hit $60 and Waskell (sp?) was selling, so she gave the go-ahead. If his name wasn't mentioned, all would have been fine, since she had a standing order to sell at 60.

Shame it all happened. It's not like she walked away with 10 or 100 million like the Enron and Worldcom folks did.
20 posted on 06/04/2003 5:03:32 PM PDT by bart99
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