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Morvillo petitioned the judge Wednesday to let him argue that Stewart’s sale was not an act of insider trading. He wants to show Stewart never believed she made an insider sale and therefore had no motive to lie. But the judge, worried that jurors will become confused about the actual charges against Stewart, was cool to the request.
The charge itself is unreasonable and preposterous, and the defense can’t explain that to a jury? The justice system in this country is, in some cases, getting out of control. There is a far greater danger to our freedom from this than there is from things such as the Patriot Act.