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...fraud by the U.S. Attorney's office in New York City. Settlement talks had failed, and her lawyers' efforts to win an audience with Justice Department officials in Washington had gone nowhere. In the end, the Financial Times reported, Stewart, 61, would not agree to any plea that required jail time. She walked into the downtown Manhattan courtroom to be charged, as her daughter Alexis, 37, waited quietly on a bench in the back. The nine-count indictment alleges that Stewart altered evidence that she traded on inside information about the biotech company ImClone Systems, conspired with her stockbroker...

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

...treasurer; with perjury, graft, insider trading, and other offenses relating to several financial scandals; in Taipei. Liu, chairman of China Development Financial Holding Corp., was one of the most powerful figures in Taiwan's former ruling party during the 1990s. If convicted, he faces up to 16 years in jail. Liu's indictment is being taken as evidence that President Chen Shui-bian's administration is serious about its pledge to crack down on corruption...

Author: /time Magazine | Title: Milestones | 6/9/2003 | See Source »

...convicted of spying and spent a combined 14 years in jail before being released in 1998, is just one of thousands of South Koreans who ran afoul of the country's National Intelligence Service (NIS). Founded in 1961, the agency was infamous during the cold war for its ruthless pursuit of enemies?real and perceived?of the country's right-wing, authoritarian leaders. As South Korea has evolved into a progressive democracy, however, the agency's vicious methods and anticommunist agenda have increasingly become an outdated national embarrassment. Now, the reform-minded administration of South Korean President Roh Moo Hyun...

Author: /time Magazine | Title: Cleaning House | 6/9/2003 | See Source »

...Several senior NIS officials receive jail terms for taking bribes from businessmen...

Author: /time Magazine | Title: History of Harm | 6/9/2003 | See Source »

...show Stewart wasn't above the law, which they've done, and now needs to show she's not beneath it. But should Stewart be forced to choose between her right to declare her innocence and being charged with securities fraud or face indictment unless she agrees to jail time? Martha deserves much of what's she's gotten. But has she behaved more arrogantly than Citigroup's Sandy Weill and Jack Grubman, or bankrupted her company buying $15,000 umbrella stands? Does she deserve to be hung in the town square for lying about trading on information men have...

Author: /time Magazine | Title: Martha, Meet Hillary | 6/9/2003 | See Source »

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