…Now that Andrew Fastow has made his deal,
after ruining thousands of lives and relieving
investors of $68 billion, we can once again take up
the case of poor Martha Stewart, who did her perp
walk with her hair in her eyes. The boys were on
her tail--with the help of their good buddies in the
media--the minute she clambered up to their
tree house. (Geez, the woman skimmed $42,000
walking around money that we missed out on!)
Herewith, and by popular request, a reprint of a
My post on Friday, January 31, 2003.
"Remember the story in "Peter's Principles" about
the board room full of suits who spent two minutes
on a merger, and two hours arguing about building
an outhouse on farmland owned by the company?
There's your Martha thing.
The vicious behavior of corp boards and CEO's
is too much for any decent person to wrap their
brains around. Like roaches, there were so many
of them, and their crimes were so heinous that
nobody wanted to touch it, write a tome about it,
or argue the case. But a lone blonde female,
head of her own company, well now, that's a
different story. A story with legs. (You will
excuse my lame double entendre.) Reporters and
their rich masters ten floors above know
instinctively that it's more attention-grabbing to
focus on the particular, rather than the general.
Attacking the rare self-made billion dollar
woman in business is more interesting than that
typical bald guy with the rimless glasses and
the Guccied wife out in Larchmont, who put 2,000
people out of work, embezzled the life savings
of another couple of thousand, and so forth.
Besides he's a member of the club."
***
12:54:13 PM 
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