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RE: Save Martha! For Martha Stewart fans

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RE: Save Martha! For Martha Stewart fans
Topic: Current Events 4:47 pm EST, Mar  6, 2004

IconoclasT wrote:
] I personally
] reserve the right to sell my shares of any stock whenever the
] hell I want to. Where are all the freedom loving activists
] here? Regardless of how you feel about her and her image, the
] feds scapegoated her to make an example to others.

Ummm... no - the FTC says you can NOT sell your shares of any stock whenever you like. There are things called "blackout periods" to prevent people with privileged information (like Martha) from dumping their stock when the company is about to tank, or from buying large amounts of stock, say, when there is about to be a share split.

She broke the law as the law is written. She got caught and is paying the consequences. Why is it so painfully difficult for some to comprehend this? If she is being made an example by the govt. then GOOD! I'm sick of celebrities thinking they are above the law. -LB

RE: Save Martha! For Martha Stewart fans



 
 
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