InvestorsHub Logo
Followers 2
Posts 167
Boards Moderated 0
Alias Born 07/24/2003

Re: jakes_dad post# 31015

Saturday, 02/21/2004 11:20:34 AM

Saturday, February 21, 2004 11:20:34 AM

Post# of 249290
Larry, in actuality, Martha wouldn't have been charged unless she [allegedly] lied to the government. It's the obstruction of justice charge that got her. The insider trading case is weak, at best. In fact, the Justice Department’s criminal indictment does not charge Stewart with insider trading. Only the SEC’s civil complaint did so. According to published reports, the U.S. Attorney decided going after Stewart would be an “unprecedented” expansion of insider trading law. [Who wouldn't sell when their broker called and recommended it? Martha didn't even know that erbitux's approval had been held up by the FDA.]


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.