Oct 10, 2013
Mark Cuban the owner of the Dallas Mavericks, is in hot water. So says the SEC, whom are suing him. He apparently sold some $7,900,000USD worth of stock before the company he invested in went belly up. Thats a no-no. Who the freak cares? Including Mark Cuban. His loss would have been $750,000USD if he had just waited and ate the loss. Now he has to go to court and possibly do jail time. If we all remember correctly Martha Stewart did the same thing, or at least she was accused of doing the same thing back in 2001, for which she was sentenced to five months in jail and had to pay a fine of $30,000USD in 2004.
Mark is saying that he is no Martha Stewart and that he is smarter than that. He says that he planned o selling his stake in the stock at Momma.com way before it took a nosedive. I for one believe him. He is a father of three beautiful children. Why would he want them to come visit him in jail? He is such a great guy giving away all that money on Shark Tank and helping people fulfill their dreams. Why would he mess that up? When you are rich people are always out to get you. More money equals more problems. The amount of money he would have lost is pennies compared to what he is worth. I believe him. He is innocent. Martha Stewart was an arrogant egotistical jerk. Mark is a sweetheart, who also happens to be a billionaire.
If anyone did help Mark in this and if anyone is guilty and should be accused, its the FBI agent that tipped Mark off in the first place. Stand your ground Mr. Cuban. You say you refuse to be bullied by the feds, then do not be bullied.