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Why did Martha Stewart go to prison for insider trading and Nancy Pelosi has not?

Posted on 1/14/22 at 8:06 am
Posted by Geekboy
Member since Jan 2004
8105 posts
Posted on 1/14/22 at 8:06 am
Just curious.
Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
20205 posts
Posted on 1/14/22 at 8:07 am to
Because of “rules for thee, but not for me”…..Congress is exempt from standard insider trading laws!
Posted by Crimson1st
Birmingham, AL
Member since Nov 2010
21120 posts
Posted on 1/14/22 at 8:10 am to
quote:

Why did Martha Stewart go to prison for insider trading and Nancy Pelosi has not


Well Ray Epps and Alec Baldwin remain free as birds as well. Some justice is more blind for some than others.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
63419 posts
Posted on 1/14/22 at 8:11 am to
Did she go to jail for insider trading or for misspeaking to the FBI about insider trading? I can't keep up.
Posted by chryso
Baton Rouge
Member since Jul 2008
13759 posts
Posted on 1/14/22 at 8:11 am to
quote:

Congress is exempt from standard insider trading laws!


This is true.
Posted by Mo Jeaux
Member since Aug 2008
63691 posts
Posted on 1/14/22 at 8:14 am to
quote:

This is true.


It's not.
Posted by memphis tiger
Memphis, TN
Member since Feb 2006
20720 posts
Posted on 1/14/22 at 8:17 am to
quote:


Why did Martha Stewart go to prison for insider trading and Nancy Pelosi has not


Because way back when Diane Feinstein (I think it was her) introduced and got legislation passed that basically made insider training legal for members of Congress.

They have exempted themselves from the rules that apply to average scum like you and me.
Posted by themunch
bottom of the list
Member since Jan 2007
71958 posts
Posted on 1/14/22 at 8:19 am to
ONe is not a democrat?
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
63419 posts
Posted on 1/14/22 at 8:20 am to
quote:

quote:
This is true.


It's not.


I think what Chryso is saying is Congress is "exempt" from insider trading laws, not exempt. There's a difference.

>
Posted by Plx1776
Member since Oct 2017
18621 posts
Posted on 1/14/22 at 8:30 am to
Because dc politicians and high end gov employees are royalty. They are above the law.

The law is only for us peasants, who have no gov power, to worry about.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41061 posts
Posted on 1/14/22 at 8:30 am to
What Pelosi has done does not meet the legal definition of insider trading.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
82372 posts
Posted on 1/14/22 at 8:32 am to


because we are no longer a nation of laws
Posted by RCDfan1950
United States
Member since Feb 2007
39687 posts
Posted on 1/14/22 at 8:35 am to
Martha was interviewed under Oath by the FBI, and lied. She was likely ashamed to admit doing what they all do up there. Nancy has no shame. She will gaslight Cities before admitting personal corruption. She thinks all people should be engage in the "free market"; nws that she gets the stock market info even before the Stock Market does.

Her day of reckoning is coming; if not in this life, then the next. When or if a REAL *insurrection* comes, she will be toast. Won't be alone either.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
59271 posts
Posted on 1/14/22 at 8:46 am to
Because the ultimate arbiter for members violating the STOCK Act is... Congress. Even if there is a proven ethics violation the penalty is something like $200 (and that's after the charge may languish on the Ethics Committee's docket for months or years).
Posted by TerryDawg03
The Deep South
Member since Dec 2012
17965 posts
Posted on 1/14/22 at 8:50 am to
They should be banned from trading based on nonpublic policy info, but I don’t think Pelosi has ever committed insider trading as a corporate insider, unlike Stewart.

Pelosi has committed ethics violations along with multiple members of Congress, but it’s apples and oranges.
Posted by greygoose
Member since Aug 2013
15060 posts
Posted on 1/14/22 at 8:56 am to
quote:

Why did Martha Stewart go to prison for insider trading and Nancy Pelosi has not?
Same reason as to why I have to pay into Social Security, but members of Congress don't. They always put in a carve out for themselves, when they pass laws that affect me and you. Vax mandate, Obamacare, there a tons of examples.
Posted by TigerVespamon
Member since Dec 2010
7514 posts
Posted on 1/14/22 at 8:57 am to
quote:

misspeaking to the FBI about insider trading
I believe it was that of which you speak.
Posted by USA Dan
Spanish Fort, AL
Member since Jul 2015
1002 posts
Posted on 1/14/22 at 8:58 am to
Martha didn't know where the bodies are buried.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
37561 posts
Posted on 1/14/22 at 9:19 am to
Law allows her.....no, really, the law allows her to get a taste on IPOs before you and I would....and it's all legal.
Posted by ds_engineer
South Mississippi
Member since Dec 2014
414 posts
Posted on 1/14/22 at 9:26 am to
Rules for thee, not for me

Our elected elite make all rules in their favor. The government is little more than a money laundering scheme at this point
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