Martha Stewart indicted on criminal charges
Unbelievable. She was worth billions (or at least one billion plus when Martha Stewart Omnimedia went public...and then several hundred millions more recently) but she risked it all for a measley $228,000 in comparison. According to this Bloomberg story:
Martha Stewart, who built a media and homemaking empire that made her a symbol of gracious living, was indicted on criminal charges for her sale of ImClone Systems Inc. stock, ABC News reported.
Stewart, chief executive officer of Martha Stewart Living Omnimedia Inc., sold some 4,000 ImClone shares for about $228,000 on Dec. 27, 2001, a day before U.S. regulators rejected the company's cancer drug application.