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Martha stwart essay

martha stwart essay

of a company that they owned stock in was selling his stock and not try to sell theirs also, regardless of how they found out. I would venture to say every American has heard of Martha Stewart. Martha Stewart 64, was born Martha Helen Kostyra Jersey City, New Jersey. Martha Stewart is going to lose a lot of money if she doesnt sell the stock. Stewart found out about the investigation, her first instinct was to lie and try to cover up the fact that her broker gave her before hand knowledge about the soon to be falling Imclone stocks. Forging documents and insider trading will get him more jail time. Bacanovic, who was employed at Merrill Lynch Investment Company, was also indicted on the same charges. Lying to the government is never the answer. I think Peter Bacanovics friendship with Martha Stewart is clouding his judgment because it is illegal to tell her about what is going. As the investigation proceeded it was inevitable that they would get. He also said that what we were doing is not illegal and when he was covering up the tracks with a stop loss, he said it would all be fine.

During her sophomore year she became married to Andy, and after graduation became a very successful stockbroker (Breezylear, 2004). She was the second of six children. But the Securities and Exchange Commission had a different view about the situation and started an investigation of these particular activities. Summary: Martha Stewart's insider trading case has had several short-term effects on our society. By the age of ten she was organizing birthday parties for neighborhood. Notably, Martha's guilty verdict is an outrage to thousands of people, who have protested Martha's unjustly verdict. Martha's husband Andy had become the president of prominent New York publisher Harry. I dont understand why the stock broker, who worked for her and got a commission for what he does.

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From this Martha developed a passion for gardening, cooking, and gardening, which lead eventually to the development of Martha Stewart Living Omnimedia (mslo) (2006). I would also say if I were to ask those same people what is the first thing they think of when they hear her name I would have several different answers. Raised in Nutley, New Jersey Martha was the oldest of five children. Stewart was indicted on charges of insider trading, however obviously those charges could not be proven. She also learned how to can and preserve food from her grandparents while visiting them in Buffalo, New York. I believe this case and investigation was tried out in the media.

In 1976 Stewart started a catering business in her basement with a friend, and later business partner, from college. When I asked if it was a good idea, he said we have.

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