The Martha Stewart matter. (LABJ Forum).The doyenne doy·enne n. A woman who is the eldest or senior member of a group. [French, feminine of doyen, senior member; see doyen.] Noun 1. of decor, Martha Stewart <noinclude></noinclude> Martha Stewart (born Martha Helen Kostyra on August 3, 1941) is an American business magnate, author, editor and homemaking advocate. She is also a former stockbroker and fashion model. , is at the center of a media and prosecutorial pros·e·cu·to·ri·al adj. Of, relating to, or concerned with prosecution: "a huge investigative and prosecutorial effort" Lucian K. Truscott IV. firestorm after revelations that she sold shares of ImClone Systems Inc. right before the company announced one of its drugs would not be approved by the Food & Drug Administration. Stewart has denied any wrongdoing wrong·do·er n. One who does wrong, especially morally or ethically. wrong  do , and her stockbroker has handed over documents to Congressional investigators that defend the transactions. Still, she cancelled her regular guest appearances on CBS' "The Early Show" and hired a crisis public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most firm. Given the brouhaha, the Business Journal asks: Do you believe her? D. Eric Martin Executive Chef Maggiano's Little Italy Yes. I think that she had other people handling her money who are making decisions for her. She did not go out on a limb. She had too much to lose to take the risk of insider trading. Browne Greene Attorney Greene Broillet Panish & Wheeler LLP LLP - Lower Layer Protocol No, I do not believe her. It's a further example of corporate greed and deviousness that basically acts to take away the confidence of the investing public. There's a famous illustration in law school that distinguishes between circumstantial and direct evidence. Direct evidence is if you or I Witness an accident. With circumstantial evidence circumstantial evidence In law, evidence that is drawn not from direct observation of a fact at issue but from events or circumstances that surround it. If a witness arrives at a crime scene seconds after hearing a gunshot to find someone standing over a corpse and holding a , a mother leaves a cherry pie on the table and tells Johnny, age 4, not to eat the pie and leaves the room. When she comes back, there is a wedge of pie missing and there's cherry juice around Johnny's mouth. That's what you've got with Martha Stewart. Wendy Moodie President Production & Special Events Services Inc. I have no particular feeling about her integrity either way. I've read about the reported discrepancies between her broker and herself. It seems to me it's "he said, she said" right now. Sue Potter President Saxony Saxony (săk`sənē), Ger. Sachsen, Fr. Saxe, state (1994 pop. 4,901,000), 7,078 sq mi (18,337 sq km), E central Germany. Dresden is the capital. Street Inc. It doesn't look good to me. Insider trading goes on anyway, and she just got caught. There have always been problems with insider information, but it's usually men. She's a great target. She's not a well-liked woman, which makes her an even better target. Martin Pichinson Chief executive Sherwood Partners Inc. No, I do not, because it's obvious through the facts with the SEC that she did something wrong. She may not have known it was wrong, but it was definitely wrong. The facts around her story aren't giving any validation to her story, either. Carol Moran President A-1 Hospital Supply Inc. No, because any stockbroker would know that what she did was totally illegal. if you have someone on a plane give you information, and you call the broker right afterward, you knew what you were doing. I'm sorry, but no. |
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