Tuesday, October 18, 2011 3:16:15 PM
I certainly never suggested that he is and I don't think anyone else did either. His current status isn't at issue and I provided a link establishing that he was no longer an officer or director as far as the state of Florida knew in 2009.
I didn't bring up Marta Stewart, you did. And this is 100% incorrect:
"Martha, as a former director of the N.Y.S.E., resigned her official posts as C.E.O. and Chairman of the Board of Directors of MSLO (MSO) for the good of the corp. at the request and suggestion of other directors..."
She had to give up her positions as a condition of her settlement with the SEC:
"Stewart will pay disgorgement of $45,673, representing the losses avoided from her insider trading, plus prejudgment interest of $12,389, for a total of $58,062, and a civil penalty of $137,019, representing three times the amount of the losses avoided. Stewart has also agreed to a five year bar from serving as a director of a public company, and a five year limitation on her service as an officer or employee of a public company by prohibiting her from participating in certain activities, including financial reporting, financial disclosure, monitoring compliance with the federal securities laws, internal controls, audits or Commission filings."
http://www.sec.gov/litigation/litreleases/2006/lr19794.htm
Nothing in my post suggested that it was "because she was convicted". Her ban had nothing to do with her criminal conviction, as I said.
Did you read my post before you responded to it? Do you know that there were two separate actions, one civil and one criminal?
BTW, this was also the case with Carraway, although his actions were about two different issues.
I'm tryin ta think but nuttin happens......Curly
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