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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (36593)	6/14/2005 6:22:26 PM
From: Oeconomicus	Respond to of 90947

Had she fessed up, she wouldn't have been hit with anything, except perhaps a malicious prosecution. She was never charged with insider trading because what she did was not insider trading. Had she not lied, they might have tried to charge her with insider trading purely for political/PR reasons, but they would have lost. If they had ANY case for such a charge, they surely would have pressed it (in addition to what she was convicted of), but because she lied when asked about it, they got her for that instead. She gave them a gift, in other words. Of course, the most troubling thing about the whole affair is that, essentially, they sent her to jail for lying in proclaiming her innocence of a crime she was never charged with and must, therefore, be presumed innocent of. Something a little warped and scary about that, IMO.

To: Alan Smithee who wrote (36593)	6/14/2005 7:00:49 PM
From: Lazarus_Long	Respond to of 90947

See first line of my previous post. :-) Uh, the fact that they didn't charge her means they couldn't and she didn't do it? When did that go into the statute books? Now let's see. She's told by her broker that the CEO of Imclone is dumping his stock. Now what conclusion would YOU, Mr. Smithee, draw from this: (1) Somrthing really great is about to be announced; (2) the Captain is going to announce the Titanic just hit the 'berg? You tell the broker "SELL!" Now are you acting on information not yet available to general public? If your answer is No, then you should have yelled "BUY!" expecting to catch a DCB. Do note that that CEO is now serving a -year sentence for- -guess what?- -insider trading. capmag.com