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From being a very successful businesswoman to phoning a prison mobile home, Martha Stewart has had an interesting past couple of decades. She started her career about 30 years back with a catering business and has since assembled from that becoming the CEO and Chairman of Martha Stewart Living Omnimedia, Inc.. Her success also includes the publication of her magazine Everyday Living, being the industrial spokeswoman for K-Mart, and with her own popular television show, From Martha's Kitchen. She had built the reputation of being a public figure using how-to information on innovations from the kitchen to gardening. Despite these achievements, Stewart managed to become entangled in a few insider trading scheme which ruined not just parts of her profession, but also her public image. Insider trading is the act of purchasing or selling securities based on material, nonpublic information. Information is consider to be material if a reasonable person would use it in such a way that would convince them to partake in an exchange of securities, or even whether it was reasonable to think that it would affect the market price of a safety when the data has become public (Carlin 2003). Information can only be acted upon after it has been made public, otherwise, unfair transactions would take place that could negatively affect the overall public and investors of the organization. Those that are workers of the business upon job have a signed agreement to put the interests of the shareholders first. Acting on tips from within the company or other sources could adversely influence the business's success, resulting in a shareholders loss. Martha Stewart became involved with an insider trading scandal back in December of 2001. Suspicion came abo...