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      • 6. Reflections on an Election
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      • 8. From Common Sense to nonsense
      • 9. Left Behind
      • 10. Owners or Guardians?
      • 11. From Honeymoon Harmony to Divorce
      • 12. For Goodness Sake
      • 13. A Perfect Prayer
      • 14. No is not a Negative
      • 15. What My Shoes have Taught Me
      • 16. For Mercy Sake
      • 17. The Attack on America
      • 18. The Motivation of a Sucide Terrorest
      • 19. The Message of the Terorist
      • 20. The Anthrax Scare
      • 21. Real Thanksgiving
      • 22. I have been Robbed!
    • 2002 Articles 23-39 >
      • 23. A Tribute to George
      • 24. Church Math
      • 25. Marriage Math
      • 26. How Sad
      • 27. The Anatomy of an Affair
      • 28. "I have a Problem."
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      • 34. A Tribute to Maria
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      • 36. Who Ministers to the Minister?
      • 37. The Whiner
      • 38. Reckoned Righteous by Works
      • 39. Are New Year's Resolutions Biblical?
    • 2003 Articles 40-53 >
      • 40. One of the Greatest Need America
      • 41. Your Memorial Table
      • 42. George W. Bush Verses Saddam Hussein
      • 43. Learning to Listen
      • 44. The Problem with Gambling
      • 45. Memorial Day
      • 46. My Ecounter with an Orthhodox Jew
      • 47. Scott Free
      • 48. What My Auto Accident Taught Me
      • 49. The Decline in Family Living
      • 50. Give Me a Problem
      • 51. Decoding the Da Vinci Code
      • 52. Thanksgiving is not a Holiday
      • 53. What a Christmas Present!
    • 2004 Articles 54-67 >
      • 54. What Do You Mean by that?
      • 55. What are Parents to Do?
      • 56. "The Passion of Christ"
      • 57. Martha Stewart's Greatest Lesson
      • 58. Same Sex Marriage
      • 59. A Tribute to a Servant
      • 60. Happy Marriages
      • 61. Independence
      • 62. Kerry's Logic
      • 63. The Olympic Spirit
      • 64. Playing Cards
      • 65. Cardinal Virtures
      • 66. Now that the Election is over
      • 67. Tribute to My Mother
    • 2005 Articles 68-79 >
      • 68. Real Spiritual Growth
      • 69. No Time to Think
      • 70. The Ten Commandments Controversy
      • 71. Do We Need a Pope?
      • 72. Everybody Loves Raymond
      • 73. Examples Worthy of Note
      • 74. How Two Different People Learned to Get Along
      • 75. "The God who Wasn't"
      • 76. Katrina and Now Rita!
      • 77. Would You Say "No" to $4 Million?
      • 78. "In God We Trust"
      • 79. The Redemption of Tookie Willaims
    • 2006 Articles 80-91 >
      • 80. Is Religion a Problem?
      • 81. The Rights of the Born
      • 82. Did You Hear What She Said about Muslims?
      • 83. Judas: Betrayer or Best Friend?
      • 84. Weekend or Week--Beginning?
      • 85. A Tribute to My (Spiritual) Father
      • 86. Your Relationship to the Word of God
      • 87. What an Opportunity!
      • 88. America's Four Gods
      • 89. How to Deal with Your Enemies
      • 90. The Case for Systematic Exposition
      • 91. Don't Miss the Message
    • 2007 Articles 92-104 >
      • 92. I can Afford it!
      • 93. The Gospel according to Patricia
      • 94. The Functional Church
      • 95. Who wants to Deal with a Taxman?
      • 96. Vital Virtures
      • 97. Have You Grown up Yet?
      • 98. A July 4th Reminder
      • 99. The Volume of Silence
      • 100. Biblical Illiteracy
      • 101. A Modest Political Propospal
      • 102. How to Handle Credit Cards
      • 103. When it is Tough to be Thankful
      • 104. Romney's Religion
    • 2008 Articles 105-114 >
      • 105. Continue
      • 106. A Tribute to Jack
      • 107. Why Good Ftiday?
      • 108. Happy Birthday
      • 109. The Most Important Room in the House
      • 110. The 80-20 Rule
      • 111. Be Sensible
      • 112. To Be Like Christ
      • 113. Sweet Reasonableness
      • 114. The Other Benefit of Christmas
    • 2009 Articles 115-126 >
      • 115. What Determines who Obtains Eternal Life?
      • 116. The Healing Touch
      • 117. The Function of Dysfunction
      • 118. When Your World Falls Apart
      • 119. 24-7-365
      • 120. To Complain or not to Complain
      • 121. "Suggestions"
      • 122. Making a Mark
      • 123. God's Timing
      • 124. Jesus Wept
      • 125. Andrew
      • 126. The Cost of Service
    • 2010 Articles 127-138 >
      • 127. Don't Ask; Don't Tell
      • 128. A Forest Dark
      • 129. The Rule of Law
      • 130. The Hits and Miss of Grace
      • 131. People Need the Lord
      • 132. Examples Worthy of Notes
      • 133. A Hassle Reduction Strategy
      • 134. Gossip
      • 135. My Favorite Poem
      • 136. Let's Put the Cross in its Place
      • 137. "Don't Spare Me"
      • 138 The Unseen Message of Christmas
    • 2011 Articles 139-147 >
      • 139. What Parents Should Teach their Children
      • 140. How to Avoid Having to Serve
      • 141. What Happen to Mike?
      • 142. An Atheist Recommends God
      • 143. Surprise
      • 144. Socialism
      • 145. Union, Unity, and Uniformity
      • 146. Get in the Way
      • 147. "Let George do it."
    • 2012 Articles 148-160 >
      • 148. Truth or Consequences
      • 149. Don't Leave Home without it
      • 150. Take a Break
      • 151. The Worth of an Individual
      • 152. A Tribute to Nana
      • 153. Jesus Crossed the Line
      • 154. Thomas Jefferson
      • 155. Taxes
      • 156. You Must be Present to Win
      • 157. A Grandfather's Wish
      • 158. Trials. Temptations, and Tests
      • 159. Is There a Santa Claus?
      • 160. A Tribute to Sumner Wemp
    • 2013 Articles 161-172 >
      • 161. How to Finish Well
      • 162. Rewards
      • 163. Spiritual Binging
      • 164. There is no way out of this one
      • 165. Half Empty or Half Full
      • 166. Nones
      • 167. Greet One Another with a Holy Kiss
      • 168. God's Answer to Atheism
      • 169. Obedience
      • 170. The Problem of Fellowship with God
      • 171. Character Development
      • 172. For Mercy's Sake
    • 2014 Articles 173-180 >
      • 173. Lies
      • 174. Endure to the End
      • 175. Teaching Children How Money Grows
      • 176. The Principle of Delay
      • 177. By Their Fruit
      • 178. Sermons that Changed My Life
      • 179. If Paul Harvey were the Devil
      • 180. The Principle of Practice
    • 2015 Articles 181- >
      • 181. In Wrath Remember Mercy
      • 182. Choosing the Right Shepherd
      • 183. The Lord's Requirements
      • 184. Your Ear Lobe. Thumb, and Big Toe
      • More articles will be added as they are written
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Martha Stewart's Greatest Lesson

Martha Stewart has taught millions about food, decorating, and entertaining. That is nothing as compared to the greatest lesson of her life. Here is the story.

Samuel D. Waksal, the founder of Imclone Systems Inc., and Stewart were friends. Waksal’s company developed a drug to treat cancer. While it was waiting for the Food and Drug administration’s approval, Stewart bought 3,928 shares of Imclone stock.

In December of 2001, believing that the Food and Drug Administration was about to decline approval of their new drug, Waksal and his family began to sell their shares of Imclone. Peter E. Bacanovic, Stewart’s stockbroker, called to tell her that Waksal was selling his stock. Apparently, based on that information, on December 27, 2001, Martha Stewart sold her shares. Sure enough, the Food and Drug Administration did not approve the new drug. By selling when she did Martha made about $50,000.

There was just one problem. Selling a stock because of an inside tip before it is public knowledge is illegal. It is called insider trading. Waksal was eventually sentenced to seven years for it. The SEC investigation of Waksal spilled over to Stewart.

The plot thickens. Evidently, Stewart and Bacanovic concocted a story that they had a prior agreement to sell the stock if it fell to $60 a share, which it did do that day. Then, they repeatedly lied to investigators. So, instead of being charged with insider trading, Martha was charged with conspiracy, obstruction of justice, and two counts of lying to investigators. On Friday March 6, 2004 Martha was found guilty on all four counts. The maximum penalty is 20 years in jail and $1 million in fines.

Why did the US Attorney’s office “throw the book” at Martha Stewart? As compared to the billions of dollars worth of financial damage done by Enron and WorldCom, there was a relatively small amount of money involved in the Stewart case. David N. Kelley, the Interim US Attorney, said he hoped that this case would send a message that we will not tolerate dishonesty and corruption. He went on to say that lying to investigators strikes at the integrity of the judicial system.

That is the lesson. Don’t lie. In Colossians 3 Paul says, “Put to death your members which are on the earth: fornication, uncleanness, passion, evil desire, and covetousness, which is idolatry” (Col. 3:5) and “put off all these: anger, wrath, malice, blasphemy, filthy language out of your mouth” (Col. 3:8). Then he adds, “Do not lie to one another” (Col. 3:9). Instead of giving another list of sins, Paul singles out the one sin of lying, making his command dramatic and emphatic.

On Friday March 5, 2004, the stock of Martha Stewart Living Omnimedia Inc. plunged $3.17 from $14.03 to $10.86 (23%). Martha, who owns 61% of the stock, lost $95 million dollars. Had she not lied, none of this would have happened.
                                  © G. Michael Cocoris, 3/9/2004
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