The conviction of Westport’s Martha Stewart in her stock fraud trial could endanger a $7.7-million pay package, including $2 million paid to film at her homes in Westport and elsewhere, according to New York Newsday today.
The newspaper reported that Stewart can be fired by the board of directors upon “conviction of a felony or willful gross misconduct, which in either case results in material and demonstrable damage to our business or reputation,” according to an employment contract signed in October 1999. STORY
Martha Stewart … I started off thinking – well, she was guilty and that maybe it is good that society is trying to crack down on sliding scale justice. However, compared to Enron scammers her crime is negligible – in dollars and in the the effect it had on others – (no lost pension.millions etc.)
But those Enron criminals are men so I guess they are exempt from pieces of toilet paper such as the constitution. Prison – for something that goes on not occasionally – but every day. Fine, make an example out of someone – but for gods sake pick a good example at least.
Ernie Tollar