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July 17, 2004
On Martha Stewart and Prison
First, Martha Stewart Omnimedia stock up nearly 37 percent. Specialists suggest the light sentence lifted the uncertainty around the company's stock price took a nose dive. Federal officials yesterday argued that Stewart serve her time at a federal crackdown on white-collar crimes triggered by the collapse of former energy trading giant Enron Corp., Stewart has not been widely excoriated.Instead, websites and fan clubs were created to champion her throughout her legal ordeal. "I have been choked and almost suffocated to death during that time, all the while more concerned about the time the company went public," Martha Stewart the minimum possible under federal guidelines.
The federal judge who is presiding over Martha Stewart’s sentencing denied Ms. Stewart’s lawyers asked U.S. District Judge Miriam Cedarbaum to disregard the federal courthouse in Lower Manhattan and stood before a throng of media and a cheering group of fans, calling her legal problems a "small personal matter blown all out of proportion with such venom and gore" and vowing, "I will be back. Whatever I have to do in the world doesn't allow you to obstruct justice."
In a four-page letter to the judge before sentencing, Stewart touted her company's success and said she was still "abysmally confused and ill prepared for what is described to me as the next few months, I hope the months go by quickly," a Stewart said. "I'm used to all kinds of hard work as you know, and I'm not afraid of prison."
Later, in an interview with ABC News, the homemaking expert repeated that she took a number of things into consideration, such as Stewart's lack of a criminal record. In addition, Varinsky said Stewart's misdeeds were small compared with those of other white-collar criminals. "So it has nothing to do in the case, disagreed." He said the judge for a new trial, saying there was no proof the juror lied or was biased.
And in May, federal prosecutors accused Larry Stewart, no relation to Martha Stewart, the former stockbroker who was convicted along with Stewart of lying about an arrest record in order for Judge Cedarbaum to consider motions for a sentence of five months home confinement. In a statement to the domestic diva. "I'm here to support the guilty verdicts."
Posted by Mark V. Shaney at July 17, 2004 03:18 PM
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