Berkeley CSUA MOTD:Entry 12533
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2025/07/08 [General] UID:1000 Activity:popular
7/8     

2004/3/5-6 [Reference/Law/Court] UID:12533 Activity:very high
3/5     Martha Stewart guilty on all counts.
        \_ Did anyone else besides me find that juror saying "This is a victory
           for the little guy" unsettling? -- ilyas
           \_ This is the paackage they're selling with this whole case. "Look,
              we go after evildoers.  Never mind that the SEC audit team has
              been decimated." --scotsman
           \_ No.  See comment below about "jury was all pissed off".
              I wrote that comment before I heard about what any juror said.
              I'm sure Martha's defense managed to put some manager types
              on the jury, and they still convicted.
              \_ I ll take a public statement of a juror over your guess, as
                 far as the inclinations of the jury.  The fellow whose comment
                 about Martha buying off a juror was deleted had an amusing
                 take on the situation, although it does smell of tin and
                 foil. -- ilyas
                 \_ The point behind my comment was that I guessed at least
                    what one jury member was thinking before they confirmed it.
           \_ If you read the NYTimes site, you'll see the quote is:
           \_ Martha paid the juror to say that, so that she can appeal on the
              ground of a biased jury.
        \_ Next on Marth Stewart Living: Three simple ways to brighten up your
           jail cell.
        \_ Poor Martha, I think she got prosecuted for being really bitchy.
              \_ I ll take a public statement of a juror over your guess, as
                 far as the inclinations of the jury.  The fellow whose comment
           \_ She should just be fined. Jailing her serves to do nothing
              except make her a ward of the state which ends up costing
              taxpayers more money.
              \_ Hell no bitch. She needs to do time in a cell. A fine is
                 meaningless.
                 about Martha buying off a juror was deleted had an amusing
                 take on the situation, although it does smell of tin and
                 foil. -- ilyas
              "Maybe it's a victory for the little guys who lose money in the
              market because of these kinds of transactions."
              To me this doesn't sounds prejudicial, but more like he's
              interested in seeing a guilty woman punished for harming
              investors.
              \_ http://www.cnn.com/2004/LAW/03/05/stewart.jurors/index.html
                 Way to spin it, CNN.  -- ilyas
        \_ Poll:  What do you think the sentence should be?
           Jail > 1 year: ..
           Jail < 1 year:
           Probation/suspended sentence:
           House arrest:
           Wear polka-dots and eat McDonalds:
                    \_ Ok, so this means what in English for us little people?
           Clone Martha and have clone serve jail sentence: .
           \_ She should just be fined. Jailing her serves to do nothing
              except make her a ward of the state which ends up costing
        \_ CNN legal analyst:  "It means that, unless this is somehow undone
           on appeal, she's a felon and she's going to prison.  There's
           going to be a whole separate process in terms of what that
           sentence might be, but it's not going to be probation. It's not
           even likely to be a 'Club Fed' kind of thing.  She's actually
           going to be going to a real prison, like a real criminal."
           \_ Not 'like a real criminal'.  After she loses her appeal she'll
              be in a real prison because she is a real criminal.  And I hope
              she's only the first of many corrupt execs to follow.
        \_ Next on Marth Stewart Living: Three simple ways to brighten up your
           jail cell.
           Probation/suspended sentence:
           House arrest:
           Wear polka-dots and eat McDonalds:
           Clone Martha and have clone serve jail sentence: .
        \_ I guess the jury was all pissed off about how their bosses would
           always be telling them to do illegal things
        \_ She and Ken Lay will be playing golf together at the Federal
           Country Club for the next 18 months.
           \_ Kenny Boy is too well connected to ever to go jail. Only
              little people and Democrats get busted for white collar crime.
              \_ Oh really?  Name those Democrats.
              taxpayers more money.
              \_ Hell no bitch. She needs to do time in a cell. A fine is
                 meaningless.
                 \_ Fuck you asshole. If you want to pay for her jailtime
                    go right ahead. It costs about $100,000 per annum to
                    keep someone incarcerate. Don't fucking mouth off
                    before you know what the fuck you're talking about.
                    \_ I know exactly what I'm talking about. Fines for people
                       who are already fucking billionaires don't mean shit.
                       It costs money to enforce the law. Bitch.
        \_ I guess the jury was all pissed off about how their bosses would
           always be telling them to do illegal things
        \_ She and Ken Lay will be playing golf together at the Federal
           Country Club for the next 18 months.
           \_ Kenny Boy is too well connected to ever to go jail. Only
              little people and Democrats get busted for white collar crime.
              \_ Oh really?  Name those Democrats.
                 \_ Martha is a prominent Dem contributor.  However, with
                    repect to Ken Lay you really need to consider the
                    the time period of Enron's ascendence - the 1990s.
                    Enron received significant Federal help, in some cases
                    as it should have, during the '90s.
                    After all it was Robert Rubin, who had moved to
                    Citigroup, who called Oneil and asked the
                    Fed to bail out Enron (ala LTCM).  Citigroup, in
                    case you don't know, was one of Enron's financiers.
                    \_ Ok, so this means what in English for us little people?
                        \_ Rubin was Clinton's Treasury Secretary who oversaw
                           the bailout of Mexico, Long Term Capital Management,
                           and others.  Before this he was President (?) of
                           Goldman Sachs which made some of the Mexico loans
                           covered in the bailout.  Post-2000 Rubin moved
                           to Citigroup which had facilitated a significant
                           portion of the 'creative' financing that allowed
                           Enron to do what it did.  Rubin then had the gall
                           to call Bush's Treasury Secretary Oneill in ~Feb of
                           to call Bush's Treasury Secretary Oneill in ~Nov of
                           2001 to ask the Fed to bailout Enron (ie. act as
                           Rubin had).  All this means that the Wall Street
                           has far too much power in the Fed gov't.  When
                           people complain about the 'military industrial
                           complex' it absolutely pales in comparison to
                           the rent Wall Street (and the medical / insurance
                           BTW) extorts from the U.S. taxpayer.
        \_ She was a licensed stock broker before she became the Martha
           Stewart we know.  She knew exactly what she was doing, then
           tried to obstruct justice... she deserves her punishment.
        \_ CNN legal analyst:  "It means that, unless this is somehow undone
           on appeal, she's a felon and she's going to prison.  There's
           going to be a whole separate process in terms of what that
           sentence might be, but it's not going to be probation. It's not
           even likely to be a 'Club Fed' kind of thing.  She's actually
           going to be going to a real prison, like a real criminal."
           \_ Not 'like a real criminal'.  After she loses her appeal she'll
              be in a real prison because she is a real criminal.  And I hope
              she's only the first of many corrupt execs to follow.
2025/07/08 [General] UID:1000 Activity:popular
7/8     

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www.cnn.com/2004/LAW/03/05/stewart.jurors/index.html
Chappell Hartridge was one of four men and eight women on the jury that deliberated for three days in the obstruction of justice trial before finding the lifestyle maven guilty. Hartridge said the panel was well aware that peoples lives were in their hands. Before we made any decisions we combed the evidence, we talked about it, he said after the trial had concluded. We knew that all the attention this was going to get, so we wanted to make sure that we did the right thing, said Hartridge. Stewart was found guilty of all four charges against her, and her former broker, Peter Bacanovic, was found guilty of four of five charges against him. Hartridge said that appearances in court by celebrities like Bill Cosby and Rosie ODonnell did not carry any weight with jurors. He also said Stewarts not taking the stand had no effect because he did not expect her to testify. Hartridge said the panel considered the strongest evidence against Bacanovic his constant statements that he spoke to Martha and did the trade when they had evidence that his assistant, Douglas Faneuil, had actually done the trade. Jurors also found some holes in the testimony of Heidi DeLuca, Stewarts business manager, who testified that Bacanovic had set a $60 target price at which he would sell Stewarts shares in ImClone. Hartridge said the panel felt the document generated - a handwritten note with the set stock price - was shaky. A defining moment in the trial, he said, was when evidence was produced showing Stewart tried to delete her assistants message from Bacanovic. When asked what message the verdict sent to investors, he said the middle investors may feel more secure. They may feel a little more comfortable that they can invest in the market and not worry about these types of scams where they can lose their 401ks or just lose money on any plain stock.