Wednesday, March 6, 2019

Martha Stewart: Not Such a Good Thing Essay

1. What issues did Martha Stewart, Bacanovic, and Faneuil miss in making their decisions about selling the ImClone job in their conduct following the sales? Apply the models and make a list of suggested questions they could have asked that might have affected their decisions.I do non feel any of them were thinking about any consequences wherefore was this sm each(prenominal) amount of money so important to them, especi entirelyy Ms. Stewart, who was a multi- billionaire at the time? It is clear that they werent concerned at all about outcome and just went ahead with their scheme that they truly idea they could pull off without getting caught. 2. Was selling the shares illegal? If selling the shares was not illegal, was it unethical? Selling shares are not illegal its all part of the stock market. However, when you have advanced knowledge like this case, it is border-line and extremely unethical. She was thinking only of herself and the profits shed make, and not considering the company and early(a) stockholders at all. I would go as far as label it heartless and greedy3. What do we learn about long-term consequences from Ms. Stewarts conduct and case? Having too much money can unfreeze a person evil. Martha was a multi-billionaire, and why she cared about a couple hundred thousand is crazy. Not only did she serve jail time, miss respect and money, her stock has decreased The public now sees that she is not trustworthy, because she admitted to obstructionist of justice and making false statements to federal investigators.

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