The Martha Stewart Scandal

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, she was quesioned and later indicted on nine counts, including securites fraud and obstruction of justice. There was a six week trial in january 2004, in which Martha Stewart was convicted and sencentance to five months in prison. She