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...that its founder has been sentenced to serve time in prison for conspiracy, obstruction of justice and making false statements to federal investigators. It took 26 months and a bruising federal trial to break, if just for a moment, Stewart's stony resolve. She stood before Judge Miriam Cedarbaum last week in a lower-Manhattan courtroom, her voice faltering as she begged for leniency. "My hopes that my life will not be completely destroyed lie entirely in your competent and experienced and merciful hands," she said. Stewart asked the judge to consider her decades as an icon to women...

Author: /time Magazine | Title: Martha's Endgame | 7/26/2004 | See Source »

...future of Martha Stewart Living Omnimedia, the company she founded, will depend on a very different kind of corporate chemistry now that Stewart has been sentenced to serve prison time for conspiracy and obstruction after lying to federal investigators about a stock trade. Standing before Judge Miriam Cedarbaum last week in a courtroom in lower Manhattan, Stewart's voice faltered as she asked for leniency. "My hopes that my life will not be completely destroyed lie entirely in your competent and experienced and merciful hands," she said. Cedarbaum gave her the mildest sentence possible under federal guidelines: five months...

Author: /time Magazine | Title: Life Without Martha | 7/18/2004 | See Source »

...allegation that Martha and Bacanovic lied about the pre-existing arrangement, the charge of creating a false document against Baconovic was the only one the jury didn?t convict on. But Martha's lawyers argue that Larry Stewart's testimony influenced the verdict. Last Thursday, judge Miriam Goldman Cedarbaum denied the motion and with it the defendants? last and best chance. Now, their only hope is an appeal...

Author: /time Magazine | Title: Martha's Last Stand | 7/14/2004 | See Source »

...most serious charge against her, securities fraud, had been thrown out the previous week. But four counts remained--obstruction, conspiracy and two charges of making false statements. Stewart, grim-faced and dressed in her ritual uniform, a dark pantsuit, sat and showed no emotion as Judge Miriam Goldman Cedarbaum repeated the word guilty four times. Her daughter Alexis, 38, who had sat behind her throughout the trial, dropped her head into her hands and remained motionless for several minutes. Stewart is likely to get up to two years in prison, say lawyers familiar with the sentencing guidelines. Shortly after leaving...

Author: /time Magazine | Title: Not A Good Thing For Martha | 3/15/2004 | See Source »

...traded on inside information about the biotech company ImClone Systems, conspired with her stockbroker to lie to federal officials investigating the trade and defrauded shareholders in her company, Martha Stewart Living Omnimedia, by misleading them about why she had sold the stock. Her perfunctory responses to Judge Miriam Cedarbaum's questions (Did she understand the charges? Did she need them read aloud?) were barely audible. But when Cedarbaum asked for a plea, Stewart's response--"Not. Guilty."--rang out like a bell, with the first t enunciated in the clipped diction familiar to anyone who has ever followed her instructions...

Author: /time Magazine | Title: Why They're Picking on Martha Stewart | 6/16/2003 | See Source »

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