When Martha Stewart leaves prison this weekend, she will walk into
the arms of a media circus and a commercial juggernaut that promises
to turn what would be a shameful moment for anyone else into a
triumph of marketing.
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Like Martha Stewart, I broke an essential clause of the social
contract – trust – when I was caught by the Securities and Exchange
Commission in a highly publicized insider trading scandal 20 years
ago while a columnist for the Wall Street Journal.
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I hope the bad boys of the current season – scoundrels like Merrill
Lynch’s Henry Blodget, who lied to investors, and the New York Times’
Jayson Blair, who lied to readers – write books about themselves and
their misdeeds.
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