Beijing Review

Insider, Out

Martha Stewart became America’s first female self-made billionaire when her company, Martha Stewart Living Omnimedia, went public in 1999. Celebrated by millions as the Queen of Homemaking, she became equally wellknown for having used insider information to execute illegal trades.

In 2001, thanks to a heads-up from someone in the know, Stewart sold 4,000 shares in biopharmaceutical company ImClone Systems one day before the U.S. Food and Drug Administration (FDA) refused

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