I meant the D.A. probably offered her a plea.
She can't plead ignorance...she's a former stockbroker, and head of a huge NYSE publically traded company.
If she was that reckless in disregarding the S.E.C. rules for an INSIGNIFICANT amount of money, her cheap ass was bound to get caught.
If a friend calls you...as a private citizen its one thing, but as the head (and figure head) of a public comapny it's extremely irresponsible and stupid.
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Originally posted by Afrekete
She's on trial right now. And I do kind of feel bad for her. I think, given the same set of circumstances, most of us would choose to do the same thing. That doesn't make it right or legal.
But, if some friend called you and said "hey, if you don't sell, you are definitely going to lose an assload of money in a few days". What are you going to do? Sit on it because its not right or take the chance and pray you don't get caught? It's a fucked up situation either way. But I don't think she deseves to do time. I know there are people who do it every day and are just flying under the radar.
I say, give her a big fine and let her be on her way.
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