Draggingtree Posted December 22, 2014 Share Posted December 22, 2014 The American Conservative: A Victory for the Rule of Law Overambitious prosecutors who stretched insider trading laws are reined in by the courts.By DONALD DEVINE • December 22, 2014 So does Martha Stewart now get her five months in Alderson Prison Camp, five months of electronic monitoring, five years of supervised probation, two years of court trials, $225,000 in fines and her reputation restored? While finally dismissed by the trial court as prosecutorial overreach, Stewart’s original crime was “insider trading” upon which ruthless prosecutors added amorphous “conspiracy” and “lying” charges to convince the jury she must have done something wrong. Now in a dramatic decision the Second U.S. Circuit Court of Appeals in New York that oversees Wall Street has drastically reduced the range of actions that prosecutors can call “insider trading.” Link to comment Share on other sites More sharing options...
Cyber_Liberty Posted December 22, 2014 Share Posted December 22, 2014 Great. So when will they start applying the "insider trading" laws to members of Congress? They wrote themselves exemptions. Link to comment Share on other sites More sharing options...
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