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Martha Stewart to Be Sentenced Friday

Schweddy

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Source: Yahoo News


NEW YORK (Reuters) - Martha Stewart (news - web sites) and her former Merrill Lynch broker, who was convicted with the trendsetter for lying about a suspicious trade, will both be sentenced on Friday, a secretary in the judge's chambers said Tuesday.

Peter Bacanovic's sentencing has been set for 2:30 p.m. EDT, following Stewart's sentencing at 10 a.m. EDT in Manhattan federal court. They are both to be sentenced by U.S. District Judge Miriam Goldman Cedarbaum.

Stewart, who built a media empire on tips for gracious living, and Bacanovic were found guilty on March 5 of conspiring to hide the reason behind her sale of shares in the biotech company ImClone Systems Inc. on Dec. 27, 2001.
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I will be glad to watch Food channel again. I wrote them a couple of months ago to remove Martha from the show list because she is guilty - they have not. This man will not watch 'good eats' again until they do.
 

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Leave her alone, this country is full of Martha Stewart and Kenneth Lay waiting to be caught. They all around us, can't you see them? Most of you know who I am talking about. :wink:
 

Tasmin

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I am amazed that a liberal would take a stand in defense of Martha Stewart. Since many liberals would also portray anti-capitalism tendancies, I would expect that a good liberal would be ecstatic over another capitalist biting the dust.
 

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Break the law go to jail. Go to jail get molested by a bull dike. How fitting.
 

Schweddy

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Yeppers - she got 5 months prison and 5 month house.
 
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Martha is not doing jail time while she's appealing her conviction, a process that could take a year or more. This is what she had to say to the judge:
"Today is a shameful day. It is shameful for me, for my family, and for my beloved company and all of its employees and partners. What was a small personal matter became over the last two and a half years an almost fatal circus event of unprecedented proportions spreading like oil over a vast landscape, even around the world. I have been choked and almost suffocated to death."

That almost brought tears to my eyes, it was beautiful.
 

Tasmin

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It was only shameful to her because she got caught. It's kinda like me speeding down the freeway on the way to work. Either I am not ashamed until I get caught, or , I am ashamed because I got caught. Besides that, she could have made money on the stock in question had she held out instead of panicking. :-o
 
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