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The Sew What’s New Archive
This archived content is from Mary Wilkins’ sewing and
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From: MaryW
Date: 03-05-2004, 03:10 PM (1 of 27)
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It was just announced, Martha Stewart has been found guilty of all charges. Obstruction of justice, lying and securities fraud. She could go to prison, but I doubt it. Apparently they can fine her hundreds of thousands of dollars. I am surprised, I thought she would get away with it. MaryW
owner/editor of Sew Whats New |
User: MaryW
Member since: 06-23-2005 Total posts: 2542 
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From: Aimee S
Date: 03-05-2004, 03:34 PM (2 of 27)
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You beat me to it. As I understand because it is Federal she will also get prison time. Mandatory 5 yrs but sh could get out in 3 with good behavior. The sentance could be 20 years but the way they work it it comes out to 5 yrs. When a celebrity gets a federal charge they have to go just like the regular people. Hey do you think she will redeccorate the cells I pointed out to my son who has a prob with lying... She if she told the truth in the first place she would have gotten off with a slap on the hand.... The more you disaprove, the more fun I am having!
http://photos.yahoo.com/aimeehs29 |
User: Aimee S
Member since: 02-23-2003 Total posts: 488 
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From: Chrysantha
Date: 03-05-2004, 03:59 PM (3 of 27)
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::snort:: even if she does time in a federal prison it doesn't mean much. We have one down here and the're always walking away and it takes a few days to find'em. Thats why they call it Club Fed. They live like they do at home, just not fasionable clothes and they're supposed to STAY there. I'm not impressed with Martha Stewart..but I am surprised they found her guilty. I thought for sure she'd get off.... I feel sorry for her..so much money..but shes such a witch... Chrys
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User: Chrysantha
Member since: 09-06-2002 Total posts: 2414 
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From: weB2cats
Date: 03-05-2004, 06:23 PM (4 of 27)
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If she had just taken the loss on the stock she would have been further ahead. The amount of money she spent for an attorney probably exceeded any loss she would have suffered. I can't blame her for trying to dump her loser stock but the guilty party is the trader. I wonder if he lost his job over that? He would probably be banned from trading. Two careers in the can. Martha will never spend lengthy time in jail. What would the point be, unless she was paying rent. And I just can't wait for all the Jay Leno, Conan and Letterman jokes to come out that are probably being written as I type. |
User: weB2cats
Member since: 11-07-2002 Total posts: 232 |
From: carman
Date: 03-05-2004, 07:46 PM (5 of 27)
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there will be appeals yet and so on, they 5 years is the max for each sentence and the 250,000 is the max amount of cash for each charge. her lawyers have already said the appeal is getting written up. i will say though, club fed or not, i still wouldn't want to be in one. |
User: carman
Member since: 04-17-2000 Total posts: 692 
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From: weB2cats
Date: 03-06-2004, 10:18 AM (6 of 27)
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Martha is a very self controlled woman. She doesn't let any emotion show on her face other than a smile that lets everyone know she is still queen of the home front. I've enjoyed Martha a lot over the past years and I hope she can turn this around. If Martha had been a man, she never would have had anything morethan a huge fine levied against her. She didn't commit murder after all and this is a totally over-rated incident. Community service work and a fine that benefits women's shelters would suit the crime. Prison costs tax payers money and it's a useless waste for this crime. They don't even give murders, rapists and child pornographers this length of time in prison, and they should! Maybe she could trade time with someone who does deserve to ve locked up. |
User: weB2cats
Member since: 11-07-2002 Total posts: 232 |
From: Shellymoon
Date: 03-10-2004, 09:46 PM (7 of 27)
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My hubby says Martha will probably get Community Service and then proceded to tell me what some of her community service assignments might be: 1. Faux finish the walls at the ladies shelter 2. Make creamy squash soup and rosemary bread for the soup kitchen 3. Sew lap quilts with organic cotton batting for the homeless 4. Teach classes on looking poised and polished in the witness stand to teenagers in juvenile detention 5. Teach the prison cook 20 new ways to cook Spam and potatoes 6. Spend two days sewing and installing new window treatments at the county welfare office to make it more soothing. 7. 50 hours of pintucks later--we've got baptismal gowns for the children born in the county-run hospital 8. Plant a perrenial garden at the state mental hospital. 9. Write a book on ways to get your story straight with your stockbroker and what kind of a party you should throw to celebrate the money you both made 10. Design and create new slipcovrers for the couches in the judge's chambers. And, I bet she has to bring homemade baked goods each time she checks in with her probation officer. Anyone care to add anything? Shelly Moon
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User: Shellymoon
Member since: 05-27-2001 Total posts: 240 |
From: Mother in Law
Date: 03-11-2004, 12:11 AM (8 of 27)
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Oh I could add something but Mary would have me ban from the boards. I think she has a good show, it's very informative on lots of things and I enjoy watching it but...........................She is the queen of all witches. She's smug and arrogant and if you or I would have done what she did we'd be thrown under the jail. CBS has pulled her show off the air and I bet KMart will be doing some revamping with her products also. Sad thing is after a few years she'll be back on top. I say a good punishment for her would be to make restitution to the people she hurt even it takes 20 years. |
User: Mother in Law
Member since: Total posts: |
From: Sewhappie
Date: 03-11-2004, 12:19 AM (9 of 27)
| Someone had the NERVE to compare her to Oprah!!!!! Oprah knows what it's like to have nothing and work hard for what she now has, plus Oprah is always giving to the community. Martha grew up in a wealthy family, was very spoiled my her father and learned at a very early age how to be rude to people. She gives only to herself. I don't feel sorry for her, she made her own mess. She needs to put the blame where it belongs, on herself. |
User: Sewhappie
Member since: 10-27-2001 Total posts: 1427 |
From: Mother in Law
Date: 03-11-2004, 12:33 AM (10 of 27)
Dominick Dunn was on a talk show the other day saying she grew up dirt poor. Poor thing her silver spoon probably never had the chance to tarnish the maid probably kept it really shinny. I wonder how she got so smart on how to be a good housekeeper/gardner/cook. 
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User: Mother in Law
Member since: Total posts: |
From: paroper
Date: 03-11-2004, 08:36 AM (11 of 27)
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I heard that during the trial she commented, "It's only $40,000. What's the big deal?" I doubt that she ever understood why she was there.
pam
Bernina 200e, Artista V5 Designer Plus, Explorations, Magic Box, Bernina 2000DE & 335 Bernette Serger, Bernina 1530 Sewing Machine, Bernina 1300 DC Overlock (with coverstitch) |
User: paroper
Member since: 02-03-2004 Total posts: 3775 |
From: Mother in Law
Date: 03-11-2004, 06:02 PM (12 of 27)
That's just the thing. All the poor people she hurt who invested their hard earned money lost their money. That shows you she'd walk on anyone toes to stay on top. Even poor people.  I heard CBS pulled the plug on her yesterday but she's still on my CBS station this morning.
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User: Mother in Law
Member since: Total posts: |
From: MaryW
Date: 03-11-2004, 06:14 PM (13 of 27)
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#3,6 and 7 are not viable. Martha can't sew.
MaryW
owner/editor of Sew Whats New |
User: MaryW
Member since: 06-23-2005 Total posts: 2542
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From: Shellymoon
Date: 03-11-2004, 08:31 PM (14 of 27)
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SOMEONE CALL 60 Minutes! Is Geraldo available? Martha can't sew! The Diva of Domesticity--useless with a needle and thread! Who would have thunk it! This demands an investigative report. If she has Internet access in prison, maybe she can take lessons from SWN. And, I must agree with all of you about how many people she's hurt financiallywith her shenanigans. My BIL works at a mill in NC that made all her linens for KM. They went scrambling after the first round of Marthagate and got some new business. Hopefully they'll be all right through this fallout. It's ironic that an electrician in North Carolina who prefers fishing to cooking would be affected by Martha. That's the true meaning of "trickle down economics!" Shelly Moon
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User: Shellymoon
Member since: 05-27-2001 Total posts: 240 |
From: Sherri
Date: 03-11-2004, 09:00 PM (15 of 27)
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Martha can sew when she was young and just getting into modeling she sewed all her own clothes from pictures in magazines thats what got her noticed. She also did grow up poor in a family with a lot of kids. That is where she learned all those domestic tasks well they were her job from when she was young and perfection was demanded from her father. I think you are all being a little hard on her. I totally beleive this would have never been tried if it hadn't been Martha Stewart. My website
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User: Sherri
Member since: 02-07-2001 Total posts: 357 |
From: Mother in Law
Date: 03-11-2004, 09:19 PM (16 of 27)
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Sherri, I thought the same thing until my husband explained it to me this way. Why should they let her get away with getting an inside tip to dump her stock and let people less fortunate, who may have invested a life time of savings in this stock, lose it all and left holding the bag because of her. And as she said in court," It's ONLY $40,000.00" well maybe that was chump change for her but all the little guys who invested might have been all they had to their name. What she did is called "inside trading" and making an example out of her might just be what stops others from doing the same. Our stock market would be in serious trouble if it weren't for those laws. I think they should punish her and not just by fining her. BTW, I saw a bio on her and she worked in the stock market at one time. She's slick!!!!!! Don't let that "poor me", "I'm being picked on because of who I am" look fool ya. |
User: Mother in Law
Member since: Total posts: |
From: dmoses
Date: 03-11-2004, 09:31 PM (17 of 27)
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I agree with Sherri. I think that if everything were the same, but the name was 'Martin' Stewart instead, we wouldn't even be hearing about it. Men who build big businesses don't get to the top by being sweethearts, but nobody calls them derogatory names when they are demanding and controlling. Take care,
Donna |
User: dmoses
Member since: 02-22-2002 Total posts: 964 
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From: Sherri
Date: 03-11-2004, 10:38 PM (18 of 27)
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They did not charge her with insider trading. If they would have charged her with insider trading then I would almost beleive she was guilty but they didn't charge her with that because they knew she would never be convictated of it. She worked in the stock market after putting herself through school. Even if it was Oprah Winfrey she would have never been charged with this stupid lieing about a crime that was never committed. They charged Martha because nobody likes Martha and they needed a scapegoat after that Enron fiasco. My website
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User: Sherri
Member since: 02-07-2001 Total posts: 357 |
From: DorothyL
Date: 03-11-2004, 10:43 PM (19 of 27)
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I gotta go with Sherri and Donna. I'm not much of a Martha fan but let's face it she didn't hurt little guys. It wasn't that kind of thing. She didn't drain pension funds or misrepresent profits. She sold stocks because she knew something she shouldn't have known. If she does a year or two in a federal prison that's plenty. Wouldn't bother me if all she got was community service. A lot of businesses do a lot worse to the workers in this country and instead of being punished the government pays them to do it. She's a distraction for the public and a scapegoat. The only reason anyone cares is that she's Martha Stewart. Dorothy |
User: DorothyL
Member since: 12-09-2002 Total posts: 3883 |
From: paroper
Date: 03-12-2004, 08:51 AM (20 of 27)
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Selling her stocks would cause that stock to go down. In today's market, a lot of people have their retirement investments in multiple stocks...and many are just waiting to turn a halfway decent profit to sell and retire. Most people have managed portfolios and there is no telling what average person she harmed by selling to take profit. That is why is illegal. The thing that bothered me is that she didn't seem to understand why anyone cared because the amount was so small (40 thousand). I understand that to her that is not much money but some people might not even have that much money in their entire portfolio after years of saving for retirement. To the people who lost money on those stocks, it was a whole lot more than 40 thousand. (I don't know how many she sold, but I'm sure she sold a substantial number.)
pam
Bernina 200e, Artista V5 Designer Plus, Explorations, Magic Box, Bernina 2000DE & 335 Bernette Serger, Bernina 1530 Sewing Machine, Bernina 1300 DC Overlock (with coverstitch) |
User: paroper
Member since: 02-03-2004 Total posts: 3775 |
From: Mother in Law
Date: 03-12-2004, 11:27 AM (21 of 27)
| Thanks Pam for putting in so nicely. That's what I was trying to say and it didn't come out that way. With SS the way it is today people are looking for other ways to retire other than just relying on SS. What she did was put some people back to just SS. If it hurt just one person because of what she did she should have to pay. That's what is wrong with this country today is that if you have money you don't have to account for your actions. |
User: Mother in Law
Member since: Total posts: |
From: MaryW
Date: 03-12-2004, 12:06 PM (22 of 27)
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I have seen Martha say she could not sew. It was mentioned on a Christmas craft show. She has many on her support staff who will very likely have to look for work elsewhere.
MaryW
owner/editor of Sew Whats New |
User: MaryW
Member since: 06-23-2005 Total posts: 2542
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From: Sewhappie
Date: 03-12-2004, 01:13 PM (23 of 27)
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I don't care if it was Martha or Joe Shmow. What she did was just wrong. What if everyone who held stocks did this, the stock market would be a disaster. The fact that it was only $40,000.00 must be nice to be able to throw that kind of money away. Ghee I could have paid my daughters school off with that or my house. Or better yet, keep my son home and his college paid without him feeling that he has to join the service just to be able to go to school. Don't get me wrong, I will be very proud of my son for serving his country, that's how they were brought up. BUT just the idea that someone can think about money like that as chump change just burns me up. I don't think that they have singled her out, I have heard of many men, ie a financial advisor in the Cleveland area who stole millions from his clients, get dragged over the coals for things that they have done to cost people their money. Look at Enron, and there was a Cable company magnet and his sons. Money has proven to be the root of all evil!!! |
User: Sewhappie
Member since: 10-27-2001 Total posts: 1427 |
From: MaryW
Date: 03-12-2004, 03:22 PM (24 of 27)
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Martha was a high profile person before all this mess came about. That is what she wanted and worked for, lots of exposure and interest in her web site, products and TV shows. Now that the circumstances have changed, it's not so pleasant. She was a licensed stockbroker. She knew what she was doing, make no mistake about that! She should be made to pay just like anyone else should. Greed is at the bottom of it all. What she saved in that stock selloff is probably what she spends in drycleaning. I do give her credit. She raised the bar for anyone wanting to make a home more enjoyable. Her standards of perfection gave a whole generation of women something to shoot for. But, she is guilty too. I have no doubt of that. Her best friend, and her secretary couldn't even cover it up for her, and they felt bad. Insider trading has always gone on and this won't put any big halt to it. She got caught, plain and simple. When you are in the limelight, with all the attention and you do something wrong, this is what happens. Okay, I am off my soapbox. MaryW
owner/editor of Sew Whats New |
User: MaryW
Member since: 06-23-2005 Total posts: 2542
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From: Sewhappie
Date: 03-12-2004, 04:23 PM (25 of 27)
| Mary, I think you have said it best. |
User: Sewhappie
Member since: 10-27-2001 Total posts: 1427 |
From: chiloGod
Date: 03-12-2004, 04:33 PM (26 of 27)
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Someone said in a previous post that "money has proven to be the root of all evil," and I sort of disagree with that. Because it is the LOVE of money that is the root of all evil. Money is not bad, we all need it. But it is the love and greed of it that causes evil. I hope that this case with Martha will be a wake up call to others, although it probably won't because everyone seems to think that they won't get caught. |
User: chiloGod
Member since: 08-19-2003 Total posts: 65 
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From: Mother in Law
Date: 03-13-2004, 12:52 AM (27 of 27)
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Well said Ladies. Mary if I ever get in a jam I'd want you to be my lawyer. You always put it together and say it so well. You are right on the mark on this one as usual. ChiloGod, You are so right. We all need money to survive but if you use it and abuse with it then like anything else it becomes a sin. Eating is my addiction. Lord help me!!!!! LOL |
User: Mother in Law
Member since: Total posts: |
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