I'm aware that the American entrepreneur Martha Stewart, has served time in prison, but I'd like to know why.
2006-06-22 08:21:29 · 17 answers · asked by Anonymous in News & Events ➔ Other - News & Events
Insider trading. She got some information from someone about a company that she owned stock in and sold the stock ahead of some negative news on that company. It happens a lot, but she got caught. Funny thing, she only made (or saved)about $100,000.
2006-06-22 08:25:44 · answer #1 · answered by westgaliberty 6 · 0⤊ 0⤋
Martha Stewart will serve her five-month prison sentence for obstructing justice at a minimum-security prison in rural West Virginia.....
2006-06-22 08:28:08 · answer #2 · answered by Todays choices tomorrows world 3 · 0⤊ 0⤋
Dear Tabatha,
Martha, the dear lady, was just too up there with the big boys, and they wouldn't let her play in their ball game, so they just struck her out, with a curve ball.
If you hang out on Wall Street, you better have some ammunition in your brain...
I'm sure her inmates had a lesson tying knots in bed sheets, and keeping your hack-saw in shape. It's a good thing, as Martha would say...
2006-06-22 08:51:09 · answer #3 · answered by gypsyworks 3 · 0⤊ 0⤋
She used inside info to sell stock before it tanked
2006-06-22 08:25:33 · answer #4 · answered by GRUMPY1LUVS2EAT 5 · 0⤊ 0⤋
Selling her Stock
2006-06-22 08:29:06 · answer #5 · answered by Fishlova 2 · 0⤊ 0⤋
It was for lying about trying to cover up securities fraud.
2006-06-22 08:32:58 · answer #6 · answered by fivestarmama 3 · 0⤊ 0⤋
yahoo! it, would have been easier than typing this question.....insider trading at a company she owned stock in....
2006-06-22 08:25:05 · answer #7 · answered by Anonymous · 1⤊ 0⤋
she knew that her stock was going to go down so she took all her money out of it,
2006-06-22 08:25:48 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I believe it was for perjury. I do not believe she was actually formally convicted for security fraud.
2006-06-22 08:25:22 · answer #9 · answered by Anonymous · 0⤊ 0⤋
insider trading
2006-06-28 04:42:28 · answer #10 · answered by K SHINE 4 · 0⤊ 0⤋