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The Scuppers This is a new forum for the not necessarily fishing related topics...

 
 
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Old 03-05-2004, 08:34 PM   #11
RIJIMMY
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Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
It was not against the law for Martha to sell those shares based on a call from her broker. Rememebr, there were no charges on insider trading or securities fraud. None. The law she broke was lying why she sold. Big deal. This was not a corporate scandal but its all Hollywood hype and media BS.
Not only did Martha lose millions, so did common honest shareholders who invested in her company. Seen Kmarts stock lately? The government charging Martha has hurt the average person more than the effect of her crime.
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