Bye Bye Martha
#53
Originally Posted by brantshali,Jul 16 2004, 12:41 PM
Well, IF the allegations of insider trading are true (I think they likely are...but I could be wrong) then she made a trade based on information that no other "average" stockholder had access to. If this is the case, then she had an unfair advantage.
In the stock market, everytime you make money someone else loses. That's part of the game and I don't have any particular pity on those that lose money on an average day. However, if another player in the game cheats to win the money, that's just wrong and those people should be punished severely...either with jail time or...my preference...monetarily...
In the stock market, everytime you make money someone else loses. That's part of the game and I don't have any particular pity on those that lose money on an average day. However, if another player in the game cheats to win the money, that's just wrong and those people should be punished severely...either with jail time or...my preference...monetarily...
There *are* ethical businesspeople out there. Stewart is apparently not one.
Lay... yeah that freaks me a bit too. People who rob banks don't get to keep there 'earnings'. Peepls like Lay and Stewart need to be penalized where it really hurts these money grubbers... in the bank book.
#55
Originally Posted by jedwards,Jul 16 2004, 05:31 PM
Jack. My friend Brant has taken the words out of my mouth. Indeed 30K is nothing in the scope of her total wealth but it was enough for her to turn her back on honest behaviour and 'steal' from those who bought her shares without her inside knowledge.
There *are* ethical businesspeople out there. Stewart is apparently not one.
Lay... yeah that freaks me a bit too. People who rob banks don't get to keep there 'earnings'. Peepls like Lay and Stewart need to be penalized where it really hurts these money grubbers... in the bank book.
There *are* ethical businesspeople out there. Stewart is apparently not one.
Lay... yeah that freaks me a bit too. People who rob banks don't get to keep there 'earnings'. Peepls like Lay and Stewart need to be penalized where it really hurts these money grubbers... in the bank book.
$30k is a relatively small fine for insider trading, considering how much the person(s) who bought her shares could have lost (I said could have lost because if said person(s) had held the shares until now, they would have turned a profit, which leads me to believe that in some cases, insiders can only help you so much...). But then again, I guess she was never convicted for insider trading... (I didn't follow the case that closely, so I'm not sure why no one pushed for it)
Having said that though (again, remember I do not condone insider trading, and I'm grateful for the laws in place in the U.S. capitalist system preventing it), I do get the impression that there are much bigger problems in Wallstreet than just insider trading.
#56
You're absolutely right about Lay being guilty of far more than Stewart. Stewart is a punk thug where lay is the genuine crook article.
I can't quite understand how people can soften there persective on the woman because she has good decorating skills. (No way to imply you did that Jack... I just hear it.)
OJ was a good football player.
I can't quite understand how people can soften there persective on the woman because she has good decorating skills. (No way to imply you did that Jack... I just hear it.)
OJ was a good football player.
#58
What do you mean? If she shed losses on someone else, they lost money. Sometimes when I lose money it hurts. If she had prior knowledge (she did) and didn't take her loss, someone else did.
Yes, it sucks that Lay, Ebbers and others are free and will eventually profit for crime. (See my post above where I say take there money)
Yes, it sucks that Lay, Ebbers and others are free and will eventually profit for crime. (See my post above where I say take there money)
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