Martha Stewart Sentencing 7/16/04 - Bloomberg Radio features Bruce Fenton to
Bruce Fenton, President of Atlantic Financial appeared on Bloomberg Radio as the
sentence for Martha Stewart was announced. Fenton commented on the effect on the
stock of Martha Stewart's company, MSO.
"Overall it is clearly a bad thing for Martha Stewart and a bad thing for her
company but the news could have been worse based on Federal sentencing
guidelines." Said Fenton.
Fenton added "Few companies are as associated with the name of one person, even
Ralph Lauren, despite a very high profile, is not as recognizable or associated
with his company as Martha Stewart."
Fenton went on to add further comments relevant to the impact of this event on
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the financial services sector.
Bruce Fenton is the founder and president of Atlantic Financial Inc.