Quote:
Originally posted by Mmmm, Burger (C.J.)
Okay, you're the SEC. You want to bring a case against a celebrity to highlight the perils of insider trading. So you have a personal friend testify against the defendant. After saying Martha Stewart appreciated brokers with inside information, on cross she concedes:
Why do you call this witness? Good lord.
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Because this friend of Martha's is the one who confirms that Martha knew Waksal was trying to dump his stock around the time she executed her sell order.
Plus, the "Isn't it nice" statement she said Martha made was simply devastating.
Then, this friend of Martha's and Waksal's flips on cross and undercuts some of her prior testimony in a way probably unexpected by the G but vague enough that she thinks she can't be busted for lying. That's life in the big city -- but they might just try to get her.
S_A_M