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Friday, February 27, 2004

Martha Stewart is relieved, a bit. The most serious charge of securities fraud was dropped by U.S. District Judge Miriam Goldman Cedarbaum. She still has four lesser counts with which to contend: conspiracy, obstruction, and twice lying to investigators.

In other news, Martha Stewart Living (Ticker: MSO) climbs over 10%. I'm wondering if Martha knew beforehand that the most serious charge was going to be dropped, and called her broker, requesting him to buy several thousand dollars of MSO stock.

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.: posted by Dave 2:31 PM





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