What did Martha Stewart do?
Not insider trading. Stephen M. Bainbridge, professor of corporate and securities law at UCLA, explains in the L.A. Times, Here: “The SEC Goes Out on a Legal Limb in Its Bid to Net Martha Stewart”. “I don’t particularly like Martha Stewart’s public persona. Like a lot of people, I get a vicarious thrill out of seeing the high and mighty brought low. But charging her with insider trading stretches that crime beyond where it was ever meant to go.”I learned about this from Eugene Volokh at the Volokh Conspiracy blog in a posting titled: “Martha Stewart”. The SEC is going after Stewart for insider trading – the Justice Department wouldn’t (” ). The Justice Department is going after here for obstruction of justice. Virginia Postrel has two posts on her blog about how much trouble you can get into lying to the Federal government, here: “Most Pernicious Statute” and here “Lying to the Feds”. “At the press conference announcing the indictments of Martha Stewart, U.S. Attorney James B. Comey sa
