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08-12-2002, 09:32 PM
|  | Rockin The Suburbs | | Join Date: Oct 2000 Location: Chantilly, VA
Posts: 8,759
| | Martha Stewart Nailed By Broker | |
Connecticut soccer moms stand weeping up and down I-95 tonight. Turns out that her broker at Merrill Lynch has stated that his assistant did tell the arts and crafts diva that ImClone's CEO was dumping his stock. Tonight's Meal: Prison Pasta |
08-12-2002, 09:39 PM
|  | Epinions Members | | Join Date: Jul 2000 Location: The Nutmeg State
Posts: 13,779
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Umm, people in Westport hate her. Her neighbors really hate her.
Trust me.
They're not weeping. They're doing the dance of joy. |
08-13-2002, 12:02 AM
|  | Rockin', Rollin', Ritin' | | Join Date: Jul 2000
Posts: 5,876
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But even if she was warned, if she had a stop loss order for $60 that existed prior to the warning, and just did nothing to change it, might she still be innocent?
I don't watch, read, or buy Martha Stewart. I'm just trying to give her the benefit of the doubt. |
08-18-2002, 10:25 PM
| | Banned | | Join Date: Jul 2000
Posts: 9,648
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I guess the question would then turn on, did the stop-loss order take effect, or was the sale initiated before that would have been triggered? |
08-18-2002, 11:52 PM
| | Epinions Members | | Join Date: Jan 2002 Location: Los Angeles
Posts: 670
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I'm wondering if the stop-loss has to be in writing, or if they will accept a handshake or some sort of verbal recognition.
I think Martha could always say she "thought" she had a stop-loss from the way she "interpreted" certain conversations with her brokers. I think it's going to turn into a kind of "he said, she said" type of thing with Martha making claiming that , in her mind, she made certain "inferences" which "led her to believe" she had some sort of agreement---even if it's absolutely proven there was no such agreement.
She basically, made a mistake, and was under a misinterpretation that was unintentional.......yada yada yada. It will be intersting to see how she gets out of it. I can't see a jury sending Martha Stewart to jail, though. |
08-20-2002, 10:43 AM
| | Epinions Members | | Join Date: Jun 2000 Location: Colorado
Posts: 15,133
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Gee I saw the title of the thread and thought she was involved in an illicit affair. |
08-20-2002, 02:14 PM
| | Banned | | Join Date: Jul 2000
Posts: 9,648
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In the grand scheme of things, this is fairly minor. If it happened to anyone other than Martha Stewart, we'd never hear about it in the news.
I couldn't see jail as even a remote possibility for her, but perhaps community service?
Martha Stewart redecorates America's highways... | |
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