potential losses‚ or to make substantial gains without the information first being released to the public. Martha Stewart‚ who is a representative of successful woman‚ has a strong business in the United States. However‚ after her scandal blown out‚ her image was totally destroyed. Some people scold her to wear the mask‚ and some people scold her was a big swindler. Basically‚ the scandal of Martha Stewart was caused by a phone call from her old friend and also her stock account manager‚ Peter Bacanovic
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I love to cook‚ so finding and trying out a new recipe for me is great. When I have the time‚ I love to watch cooking shows on TV‚ so what comes to mind for me‚ is the Martha Stewart scandal in 2004. In 2001‚ Martha Stewart had received an inside tip from her stockbroker that her stock‚ ImClone Systems was going to fall‚ so she sold her almost 4‚000 shares in the company to avoid an almost $46‚000 loss‚ the next day the stock fell 16%. Over the next few months‚ Martha’s activies were being investigated
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Martha Stewart: Lemons into Lemonade Before one can make an informed decision as to whether Martha Stewart’s handled the incident responsibly or whether or not her actions were moral or immoral‚ one must first understand the basics of ethics and understand whose rights are involved and how they were affected. Then one must also examine who will be helped and who will be hurt by her actions and then make a decision based on the information and personal values as they relate to the issue. Martha
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Martha Stewart Sells Billion Dollar Empire for $353 Million Martha Stewart is best known by most people today at the host of a food and fashion television show and the name behind the Martha Stewart brand. Fewer people know that she has been the CEO of Martha Stewart Living Omnimedia since its inception‚ and fewer still where she got her start. Stewart was born Martha Helen Kostyra in New Jersey‚ New Jersey. The Stewart name came from her marriage to Andrew Stewart‚ an aspiring lawyer at Yale Law
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In 2003‚ Martha Stewart was facing prison time and her empire in domestic art was at risk because of “nine-count federal indictment” which she was charge will “perjury and conspiracy” because of a “high profile stock trading scandal” (Hurtado‚ N. P. (n.d.). James Comey‚ a U.S. Attorney‚ said that “she brought trouble on herself and her company by lying to her shareholders and investors in an attempt to cover her tracks and keep her stock from plummeting” (Hurtado‚ N. P. (n.d.). Comey believe that
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was‚ Martha Stewart being arrested for lying about a stock sale. “Stewart‚ 63‚ was convicted in March of lying to investigators about why she sold ImClone stock in December 2001‚ just before the stock price plunged” (NBC News‚ 2004). Martha is a very intelligent‚ business woman‚ but she made a bad decision. 2. Emotional perception and expression- Martha Stewart did not express much upset when it came to her being sentenced with jail time. Emotional facilitation of thought- when Martha Stewart
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1. What issues did Martha Stewart‚ Bacanovic‚ and Faneuil miss in making their decisions about selling the ImClone stock in their conduct following the sales? Apply the models and make a list of suggested questions they could have asked that might have affected their decisions. I do not feel any of them were thinking about any consequences! Why was this small amount of money so important to them‚ especially Ms. Stewart‚ who was a multi- billionaire at the time? It is clear that they weren’t
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that can cause lawful consequences. For example‚ in December of 2001‚ Martha Stewart sold over 3‚000 shares of Imclone System Stocks to save her $45‚000 on her ImClone stocks. She was convicted of conspiracy‚ false statement‚ and prejury changes. For this crime she was only sentenced to 10 months imprisonment‚ had to pay fines and penalties that exceeded $250‚000‚ and was no longer allowed to be President of Martha Stewart Living Omni-media. No lets take a look at the penalties for committing
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Martha Stewart Weddings is a bridal magazine that assists brides‚ wedding planners‚ and others who are involved in planning a wedding in adding a unique signature style to a special wedding’s details. Every vibrant issue features articles‚ containing original advice about everything necessary to plan your special day with ease! The Queen of keeping a lovely home and celebrating in style‚ Martha Stewart‚ offers excellent ideas for even the smallest detail of your wedding day. Take advantage of
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the FDA. She had her broker sell her 4‚000 shares valuing $230‚ before the news hit and later found guilty of insider trading. According to the Daniel Fund Ethics Initiative at the University of New Mexico‚ the charges of securities fraud against Stewart were dropped but she served five months in prison and five months on house arrest for four counts of obstruction of justice and lying to investigators (Brunet‚
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