Why Martha and Not Ken Lay?
By SEAN CARTER Shortly after Martha Stewart’s indictment for obstruction of justice, perjury and securities fraud, the questions started: “Is she being unfairly singled out for a common crime? Is she the victim of a male-wing conspiracy? Can you really build a home entertainment center out of Popsicle sticks and a bottle of Elmer’s Glue?” Well, after reading the criminal indictment, I have to say that the answer to the first two questions seems to be “Yes.” According to the federal government, Martha Stewart sold shares of a biotech company, ImClone, after receiving a tip from her broker’s assistant that the company’s CEO was selling all of his shares. Even if these allegations are true, it only proves one thing – I need a new stockbroker. I can only dream about having such a helpful stockbroker. I can’t even get my broker to return my calls; nevertheless tip me off about bad news before it happens. When Stewart’s broker finally gets out of jail, he will have at least one client – me.