830
When you stop and think about it.
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 31 May 2024
830 points (99.2% liked)
Political Memes
5434 readers
3229 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
FYI: don't lie to the IRS about cheating on your taxes. Rich people have tons of ways to avoid contributing to society. But if you lie to the IRS about it and they find out, you're fucked.
She was convicted on insider trading because she got insider information from the CEO ahead of an FDA ruling. This is some rich people bullshit so I'd contend most of us will never be in that position. She was also on the board of directors for the New York Stock Exchange so...
For Americans, it seems like the easiest way to do insider trading is to first get elected to Congress. Then you can do as much insider trading as you want!
It's just called legislating.
But if you were..
I'd pay my fucking taxes and not screw over typical investors with insider trading. We're not all scumbags.
You are totally right. I knew she was a top stockbroker when there were like 0 women in that role. But I didn't know she was on the board:
https://www.cbsnews.com/news/martha-stewart-quits-nyse-board/
She was way too financially sophisticated to have done such a basic stupid thing. Also, I believe she didn't just plead out. I feel like anyone who did plead guilty would just get probation and be banned from trading securities for a few years.
That's a death sentence for someone who works in finance but not for her. She sold magazines!