this post was submitted on 31 May 2024
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You are totally right. I knew she was a top stockbroker when there were like 0 women in that role. But I didn't know she was on the board:
https://www.cbsnews.com/news/martha-stewart-quits-nyse-board/
She was way too financially sophisticated to have done such a basic stupid thing. Also, I believe she didn't just plead out. I feel like anyone who did plead guilty would just get probation and be banned from trading securities for a few years.
That's a death sentence for someone who works in finance but not for her. She sold magazines!