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Saturday, July 17, 2004

Martha: It's A Good Thing!

The shoe that fits one
person pinches another;
there is no recipe for living
that suits all cases.
~~Carl Gustav Jung~~

Martha is my idol.  She always has been.  Her ideas and recipes have been great to me and for me.   I even won a halloween contest about 3 years ago in a witch costume that was made out of trash bags and hot glue.  I made that costume in 30 minutes but it sure did look good!  Noone could believe I made it and noone could believe it was made out of trash bags and a hot glue gun.  That Martha!  That was a good thing.

5 months in jail and then 5 months house arrest.  I think her sentence was good for her.  She will get out and try to resume her life.  And work I think.  I am glad she did not get any more than that.  I do not think she should go to jail at all.   No matter what I will continue to support Martha!    

NEW YORK : Martha Stewart, who built a billion-dollar media empire offering lifestyle tips, was sentenced Friday to five months in prison following her conviction on charges stemming from a dodgy stock deal.The US homemaking guru was also handed two years' probation and a 30,000-dollar fine by US District Court Judge Miriam Cedarbaum, who stayed the sentence pending appeal.

Stewart, 62, and her former broker, Peter Bacanovic, were convicted in March of conspiracy, obstruction of justice and making false statements over Stewart's sale of nearly 4,000 shares in the biotechnology company ImClone Systems.Bacanovic was due to be sentenced by Judge Cedarbaum at a separate hearing later Friday.Prior to sentencing, Stewart had asked the court to take into account her personal suffering over the past 2-1/2 years and to remember "all the good that I have done."Federal guidelines had suggested a jail term of between 10 and 16 months.In recent weeks, Stewart's supporters had flooded the judge with letters appealing for clemency, and a pro-Stewart website, www.savemartha.com, collected nearly 15,000 signatures for a petition for a presidential pardon from George W. Bush.Prosecutors charged that Stewart was tipped off by Bacanovic to sell the ImClone stock in late 2001 just before a government announcement about an ImClone drug sent the share price plummeting.Stewart and her broker had argued they had a pre-existing agreement to sell the stock if the price dropped below 60 dollars a share.Shares in her company, Martha Stewart Living Omnimedia, which has been hard hit by the court case, climbed 10 percent Friday after the sentence was announced, leaving it up 18 percent on the day.- AFP



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