martha stewart gets 5 months in jail and 2 years probation

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She also gets 5 months of house arrest after the jail time.

EDIT: Wait, is "house arrest" the same thing as "home confinement"?
 
AirBrian said:
She also gets 5 months of house arrest after the jail time.

EDIT: Wait, is "house arrest" the same thing as "home confinement"?

Pretty much... with home confinement you're required to be home at least a part of the day(it's different for everyone), have to get approval for certain type sof travel, etc. and yup you can get the cool fashionable looking tracking device.
 
DarienA said:
Pretty much... with home confinement you're required to be home at least a part of the day(it's different for everyone), have to get approval for certain type sof travel, etc. and yup you can get the cool fashionable looking tracking device.

I just heard that they asked the judge if she could just call in instead of wearing that. She'll also have 48hours a week to do what she needs to do, the rest of the time has to be spent at home.
 
DarienA said:
Pretty much... with home confinement you're required to be home at least a part of the day(it's different for everyone), have to get approval for certain type sof travel, etc. and yup you can get the cool fashionable looking tracking device.
Thanks. I want one of those cool fashionable looking tracking devices. Wait, no I don't!
 
Tres Chic!

detention2.jpg
 
The first things I'm gonna do when I'm famous is kill someone, then some insider trading. I know, I'll kill my insider trader. :D

5 months...wtf is wrong with this world? I woulda thrown her cake-baking ass in jail for the full sentence. People who steal $50 end up getting more time than that. :( PEACE.
 
Pimpwerx said:
5 months...wtf is wrong with this world? I woulda thrown her cake-baking ass in jail for the full sentence. People who steal $50 end up getting more time than that. :( PEACE.


Agreed. She should have received the full 10 months.
 
house arrest...?

For some one as rich as her that would be like a vacation or something. No work, just sit all day in her MANSION and play videogames. Well maybe not games but whatever she likes..
 
So does this mean that Kenny Boy Lay is gonna get 50 hours of community service or something?

White collar criminals should go to Federal Pound You in the Ass Prison.
 
Damn you all are a vindictive bunch. Personally, I think she did do insider trading, but she didn't make anyone else get poor at her expense unlike Ken Lay. I think 5 months is a pretty fair sentence for her. We need to fix our jail system so that if focuses more on rehabilitating and less on pure punishment.
 
bionic77 said:
We need to fix our jail system so that if focuses more on rehabilitating and less on pure punishment.

Rehibilitating rich thieves and liars is useless. What kind of punishment is 5 months house arrest to her? It reminds me of Izzard's treatise on Pol Pot.

She only got 5 months because she hired a sentencing specialist. Anyone that did this that DIDN'T have money would have likely gotten the full sentence. Punishment for white collar crime should be swift and terrible, because half of the time these people are just doing this stuff out of pure greed, at others' expense. How is selling stock before the public is aware it's about to tank not hurting anyone? She saves money illegally while everyone else loses tons. It's all about relativity.
 
i doubt she spends a day in jail... she's got plenty of appeals, and she'll get off. believe me. she's got the bread, so she will buy off whoever she needs to buy of fto prevent this.
 
she gets 48 hours out a week? so, what, 7 hours a day? Sure, it's not total freedom, but god, you could live. You could spend you entire morning out, come back home for some afternoon "housekeeping", then go out again in the evening.

Regarding her sentence, though, this is prob her first offense...hence she didn't get the full whack? Those who steal $50 and get much tougher treatment probably aren't on their first offense..?
 
gofreak: No, first offenses usually run free, or with a fine. But first offenses usually don't steal hundreds of thousands (if not millions) of dollars either. It's theft. And on a scale like that, I think more should be done to discourage it. That or revamp the system of justice so that less fortunate people aren't so royally fucked when they commit crimes. These 5-months in jail won't leave Ms. Stewart broke and unemployed working a shitty cook job the rest of her life. And the magnitude of the crime is all the same. I have a great disdain for rich people, if you can't tell. PEACE.
 
Forget about the trading. Martha Stewart, who at one point was worth upwards of $450M, tried to write off vacations (not business related), massage parlor vists, and manicures on her company's tax documents as business expenses. In a just world, she'd be locked up for a year just for THAT; I mean, can anyone here even FATHOM the greed and penuriousness which would compel somebody to do that? That'll learn these gluttonous corporate crooks.
 
Loki said:
Forget about the trading. Martha Stewart, who at one point was worth upwards of $450M, tried to write off vacations (not business related), massage parlor vists, and manicures on her company's tax documents as business expenses. In a just world, she'd be locked up for a year just for THAT...

Huh, what? My father used to do that with his company. Same when he was a VP of another firm, as did his employees. It's common practice...
 
HalfPastNoon said:
Huh, what? My father used to do that with his company. Same when he was a VP of another firm, as did his employees. It's common practice...

Your father wrote off personal vacations which had NOTHING to do with business or meeting clients (like, say, to the Caribbean), massage parlor visits etc. as company expenses? I'm not talking about lunches or dinners to schmooze with high-priced clientele, which is acceptable, as it is business related. If he did do that, then I'm sorry to say that he was horribly wrong. I have a hard time believing that he DID do any of that, though, seeing as how you state that the "employees did it too"; typically, employess don't have that kind of clout in a company, unless you're referring to actual business-related outings.

So a woman worth over $400M wants to take a vaca in Puerto Vallarta, and, instead of using her own considerable money, decides to try to pass it off as a business expense-- and you see nothing wrong with this? I strongly disagree. It is greed of the highest order. Manicures and massages and personal vacations are not business related. I stand by my original assertion; it's gluttonous and inconsiderate conduct.
 
Unless there's some nuance of corporate finance and billing that I'm unaware of (which may be the case), or he took the money from some company fund set aside for his own personal expenses (seeing as how he was the VP, perhaps he had such a fund), that reeks of impropriety. Sorry to hear that your father is a crook; you have my condolences. :P
 
Hell, I ravaged their offices supply closets. It was like christmas time in there! Didn't need to go school shopping for materials!
 
muncheese said:
It's HER company, shit. She built it up, and she can't use it? Fuck that.

Why do we bother having laws when people just use their own opinions as justification for things? What she did was illegal; more than that, it is just incredibly greedy. I have little tolerance for unmitigated greed. Is mere greed punishable by law? Probably not, but horrible excesses in that regard should be imo. It'll never happen, but I can dream... :P
 
Pimpwerx said:
gofreak: No, first offenses usually run free, or with a fine. But first offenses usually don't steal hundreds of thousands (if not millions) of dollars either. It's theft. And on a scale like that, I think more should be done to discourage it. That or revamp the system of justice so that less fortunate people aren't so royally fucked when they commit crimes. These 5-months in jail won't leave Ms. Stewart broke and unemployed working a shitty cook job the rest of her life. And the magnitude of the crime is all the same. I have a great disdain for rich people, if you can't tell. PEACE.

What are you talking about? This sentence isn't about insider trading, but about lying. She was charged and found guilty of conspiracy, making false statements and obstruction of justice. She was never accused of insider trading.
 
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