Friday, August 11, 2006

Stewart settles

For all the folks who thought that dear sweet Martha was only persecuted because she was a successful business woman and "THEMAN" was out to get her, consider this.

CEOs worth millions of dollars do not settle for just short of the maximum punishment possible on SEC charges and agree not to be a public officer for 5 years lightly. This is especially true with charges that are actually quite hard to prove. I therefore submit that I conclude that they had her dead to rights.

Technically, this is not an admission of guilt of a crime. Technically, anyway. It is worth noting that the rules of evidence in an SEC trial are substantially different than a traditional criminal trial. Saying that you are not guilty because the rules of evidence in a criminal court are quite restrictive for the prosecutor is a claim that rings hollow in my ears.


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