March 05, 2004

Martha Stewart: GUILTY!

Damn! When I heard that they had reached a verdict today, I figured she would be exonerated. Maybe it was because I was listen to the newscasters on the TV during lunch. They hadn't announced the verdict yet, only that the jury had reached verdicts. So, imagine my surprise when I read the following by the Associated Press:

Martha Stewart Guilty On All Counts

By The Associated Press

Martha Stewart was convicted today of obstructing justice and lying to the government about a superbly timed stock sale — a devastating verdict that probably means prison for the woman who epitomizes meticulous homemaking and gracious living.


Stewart was found guilty in New York of conspiracy, making false statements and obstruction of justice. The charges carry up to 20 years in prison, but she will most certainly get much less than that under federal sentencing guidelines.

Her ex-stockbroker, Peter Bacanovic, 41, was convicted of conspiracy, perjury, making a false statement and obstruction of justice, but was acquitted of submitting a false document.

Stewart grimaced upon hearing the verdict, and her eyes widened.

The jury of eight women and four men reached the verdicts on the third day of deliberations in the case.

Sentencing was set for June 17.

Posted by Valkyre at March 5, 2004 04:47 PM
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