Why is one allowed to pay back for insider trading without jail time and the other gets stripes???? What am I missing here??? 
-
-
quality of lawyer involved.....
both did the same exact thing..... "Hefty" made a hefty profit doing the same exact thing Martha did....
Dumbass chubby golfer showing the same poor judgment that had him bouncing balls of the roof of the hospitality shed during the last round of a majorComment -
Because Phil cooperated with Feds while Martha refused to snitch.
phil has bitch
Comment -
I think Martha actually went to jail for Obstruction of Justice
she didn't even make $ on her insider trading.... she just lost less $Comment -
Bc they got money and u dont....when rich ppl steal money and get caught they just have to repay the money they stole and go on stealing.
Go into a bank and clean it out....they will give you 20 years or probably just execute your ass
Steal millions if ur rich and Martha got an unusually harsh 5 month sentence while Lefty got nothing (quite a punishment)Comment -
Same difference....look if a stock is selling for 50 bucks a share and my CEO buddy tells me its gonna go to 5 and I unload em all for 50 bucks a share sure I dont make money but the sucker I sold em to gets my losses....this is nothing new and is why investing in the stock market for the average person is idiotic...when a company gets information that is gonna make its stock rise you are the last to know same as when its gonna fall...so u get none of the upside and all of the downsideComment -
Stick to the script. This thread has nothing to do with regular folks. Hence the title. Both Lefty and Martha have more money than all of us put together. But there is a disparate treatment in how the punishment was meted out. Jail for one, payback for the other. Stay focused or stay out of the topic.Comment -
She got 5 months for insider trading and a 30k fine with a net worth of 700 million....if you stole millions you'd be an old man when they let you out of prison....cost her 5 months...whether Lefty and Martha should've gotten decades like a normal person is meaningless....on the "harsh" end for the rich is a 5 month sentence who gives a penetrate...you think that's gonna scare anyone into turning down millions the possibility of 5 months? Hell I'd get a gun and rob every bank in town if that was the penalty for getting caught stealing millionsComment -
LEFTY vs MARTHA
zero days in jail vs 150 days in Jail.
hell I couldn't do 1 day in jailComment -
You can bankrupt your hotel/casino and lose billions for stockholders and not go to jail. You can even run for president in the future. All you need to do is tell the sheep following you that you will make the country great and build a wall.Comment -
don't forget taking out several cre - dit cards, run up $50k -$100k in debt with the intention of never paying back a dime over the min payments to keep em open long enough to max em out, declare bankruptcy, walk free....
meanwhile the methhead who just stole $85 from the register at 7-11 without even having a weapon gets 9 years.....Comment -
Why the fook is lefty phil doing dodgy deals he made enough money playing golf
Comment -
Probably not a good idea to invest in a company that's going bankrupt pavy....give me a fuckin break. If you invest in AC casinos you deserve to lose your money. MANY companies file for bankruptcy protection and do u now why....bc otherwise they would shutdown completely and be liquidated....its a sad fact but not every business makes money....if u invest in 513 businesses and 3 of them fail you are a billionaire.Comment -
The bigger question is, why didn't Mickelson just pay his gambling debt without having to resort to stealing/cheating? Heaven knows he's had the money. Me thinks he was trying to keep this from the Mrs.Comment -
Martha went to prison on felony charges of conspiracy, obstruction of an agency proceeding, and making false statements to federal investigators. Lefty isn't out of the woods yet.Comment -
For the same reason Martha worth over 600 mil went to prison for stealing a measly 60k instead of the 10s or 100s of million she no doubt actually stole via insider trading. The rules are very different f you've got a 180 mil like Lefty or 600 mil like Martha who have probably both done 5000 insider trades before finally getting caught. It would be like if you got caught selling drugs....sure you're only going to get convicted of the drugs they caught you with selling that one time but what are the odds they caught you on your first and only deal? Meanwhile you'll probably get 10 years for moving a little blow while Lefty will steal a mil and get...well apparently nothingComment -
According to the SEC, Mickelson had only something like $250,000 invested in the market at the time, which is nothing; if he's been heavily involved in insider trading, he's either terrible at it or he was able to hide it all like no one before or since — which I doubt.Comment -
Tons of ways to hide investments my friend.....you give 99.999% of ppl a mil and they'll let u penetrate em in the ass with no lube....if you're making a fortune insider trading you've got tons of "help" for a cut.
Arthur Anderson was a multi-billion dollar accounting and auditing firm....when the Enron scandal broke the only ethics they had was buying 50 shredders and spending day and night shredding anything with Enron on it. If Enron can have a worthless company listed as a blue chip stock with one of the largest accounting firms in the country putting their rep that they are worth 100s of billions...it aint gonna be hard to hide a few milComment -
The SEC is about as good at spotting financial scams as a retarded 3 year old that's deaf/mute....Worldcom...Enron...all the investment banks that needed trillions to get bailed out the one thing you can count on is death/taxes/the stock market is rigged beyond all reasonComment
