Comment on No matter how hard he tries, Elon Musk will never be as cool or as respected as Martha Stewart.
givesomefucks@lemmy.world 7 months ago
Fuck Martha Stewart too
People don’t realize that “insider trading” isn’t fucking over a corporation, it’s fucking over everyone that’s invested and doesn’t get the tip off.
People’s retirement/pension and all types of other shit are tied up in random companies like this.
Absolutely no one should respect a billionaire who fucks over others to slightly see her numbers go up. She didn’t need that money from cheating, but she did it anyways and fucked over everyone else.
She’s a psychopath.
Absolutely no one should respect a billionaire who fucks over others to slightly see her numbers go up. She didn’t need that money from cheating, but she did it anyways and fucked over everyone else.
To add some concrete numbers. Martha Stewart’s net worth is about $400,000,000 and the insider trading was to avoid losing $40,000 in stock value. In other words, she fucked people over to avoid losing 0.01% of her wealth.
Would rather make cupcakes with Martha Stewart that do anything with him.
As far as I can see from the documentary she was getting on a plane to go on vacation and her broker called her and advised selling $40,000 worth of some stock and she said ok.
Nope:
Martha Stewart, the founder of Martha Stewart Living Omnimedia, also became embroiled in the scandal after it emerged that her broker, Peter Bacanovic, tipped her off that ImClone was about to drop. In response, Stewart sold about $230,000 in ImClone shares on December 27, 2001, a day before the announcement of the FDA decision
That still seems like it’s more on the broker than her
hat her broker, Peter Bacanovic, tipped her off that ImClone was about to drop
It’s not one or the other.
If her broker said:
You need to sell
Then she wouldn’t have broken any laws.
But he said he had insider knowledge that it would drop. And he really did have insider knowledge and it did…
Like, you realize she has literally the best lawyers can buy, is a rich and connected white person…
And she still went to jail. Why are you just insisting she’s not guilty?
Idk, she should have known the minute she got the hot tip it was insider trading and just waited until the announcement to sell. She wouldnt have noticed the 40k.
Exactly this! Both her and Elon iare garbage humans!
And don’t get me started on Ophra. “Dr” Oz is where he is now because of her. She promoted so much pseudo science garbage in her show.
Him and Towlie! Stupid million little threads book
All my life, I’ve been a pretty irresponsible towel person.
This is a really good idea.
Cocodapuf@lemmy.world 7 months ago
Obviously, that’s the point.
It’s like when someone says “oh Steve… that guy doesn’t have the intelligence of a toaster”
Clearly Steve’s an idiot, but you don’t have to jump in and attack toasters, nobody’s claiming toasters are geniuses here.