I watched the Netflix Documentary on Marth Stewart
She got in trouble, not for what she did, but what she said.
If this were anybody else, they would not have gone to prison....
Stewart landed in hot water after selling her stake in ImClone Systems, a biopharmaceutical company, in December 2001. When investigators questioned her on the trade in early 2002, she and her stockbroker, Peter Bacanovic, maintained that they had no insider info that prompted the sale. However, federal prosecutors later accused Stewart (who was once a stockbroker herself) and Bacanovic of acting on non-public knowledge when they made the trade — and then lying about it to the feds.
I even remember at the time reading the articles and thinking she had not done anything wrong and then being surprised when she went to prison...
If this were anybody else, they would not have gone to prison....
Stewart landed in hot water after selling her stake in ImClone Systems, a biopharmaceutical company, in December 2001. When investigators questioned her on the trade in early 2002, she and her stockbroker, Peter Bacanovic, maintained that they had no insider info that prompted the sale. However, federal prosecutors later accused Stewart (who was once a stockbroker herself) and Bacanovic of acting on non-public knowledge when they made the trade — and then lying about it to the feds.
I even remember at the time reading the articles and thinking she had not done anything wrong and then being surprised when she went to prison...
