Re: MD Quality takes a hit

From: Leland Jory (ljory@mts.net)
Date: Tue Mar 09 2004 - 02:23:51 GMT

  • Next message: steve: "Re: MD Quality takes a hit"

    On Mar 8, 2004, at 6:21 PM, Valence wrote:

    > Hi Leland, Martha was not found guilty of "fraud and
    > profiteering". She
    > was convicted of obstructing justice; in particular, lying to federal
    > investigators. The fraud charge against her was thrown out.

    I stand corrected.

    > This is
    > another example of instances in which the cover-up does more damage
    > than the
    > crime. If she had taken the deal previously offered to her and
    > admitted to
    > insider trading, she would have paid a fine and served no time at all.
    > But
    > instead, she got cocky, lied to investigators and forged documents to
    > try
    > and prove her 'innocence'.

    I find this to be a common behavior among the very rich when they are
    found with their hand in the cookie jar.

    > As for the comparison to the OJ verdict, the OJ prosecutors put on
    > a
    > terrible case and made novice mistakes at pretty much every turn (I'd
    > suggest reading Vincent Bugliosi's book on the trial in which he
    > convincingly argues that any 1st year law student should have been
    > able to
    > convict OJ and that he was acquitted not because of a biased jury but
    > because of severe prosecutorial incompetence); the Martha prosecutors
    > (from
    > what I know of the case), by contrast, put on a much tighter case (at
    > least
    > with respect to the obstruction charges).

    Too true. If only the OJ prosecution team had put half as much effort
    into their case as the Martha prosecutors.

    > Platt, my friend, your characterization of the Stewart Jury as
    > "envious
    > jurists" who conspired " to bring down in individual whose life was
    > dedicated to quality" strikes me as preposterous. Martha was a thief
    > who
    > illegally received and acted on insider information to enrich herself
    > and
    > then lied about it at every turn. She lied under oath, forged
    > documents,
    > and even got others to lie and forge on her behalf.

    But somehow this is ok. <sigh>

    > The jury was dead-on.
    > She stole $40,000 at the expense of legitimate investors as surely as
    > if she
    > robbed a bank with a gun and then she tried to lie and cheat her way
    > out of
    > it.

    Ironic, isn't it. A woman worth literally tens of millions of dollars
    (at least) going to jail over a measly $40-50,000. She should give her
    head a shake.

    > Regardless of the alleged quality of her products or efforts on behalf
    > of "average shlubs", her refusal to plea to the crime she actually
    > committed
    > and decision to lie and cover-up endangered the corporation she built
    > and
    > the hundreds, if not thousands, of hard-working "average shlubs" who
    > depend
    > on it for their livelihoods. I can just hear them saying, "Sure I
    > can't
    > feed my family anymore, but the quality of throw pillows at K-Mart is
    > just
    > so much better than it used to be. Thank God for Martha!!!"

    Couldn't have said it better. Bravo!

    --
    Leland Jory :^{)>
    Cafeteria Spiritualist and Philosopher
    "It is a puzzling thing. The truth knocks on the door and you say, 'Go 
    away, I'm looking for the truth.' and so it goes away. Puzzling." - 
    Robert Pirsig, Zen and the Art of Motorcycle Maintenance
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