3 ms·
She wasn’t powerful enough to avoid the consequences.
by tachyoff 9y ago
She wasn’t powerful enough to avoid the consequences.
- joe_the_user 9y agoThe parent's point deserves consideration Martha Stewart wound up being prosecuted for "obstruction of justice" and "conspiracy", the go-to offenses when prosecutions otherwise hit a wall. Stewart's prosecution came at time when insider trading appeared common and when regulators were looking for a visible victory. A celebrity prosecution gets a lot of press without actually angering people with real power. Stewart was a mere millionaire, not a multimillionaire or billionaire. Edit: Well, I stand corrected, she was a multimillionaire at the time. Still it's hard not to see her as relatively small potatoes in the world of stocks. https://www.thoughtco.com/martha-stewarts-insider-trading-case-1146196 https://www.thoughtco.com/martha-stewarts-insider-trading-ca...
- paulcole 9y agoStewart was worth 10s of millions, probably closer to 100. I don’t get how that isn’t a multimillionaire.