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...CHARGED. MARTHA STEWART, 61, American lifestyle icon; with securities fraud and obstruction of justice; in New York City. Stewart, founder of Martha Stewart Living Omnimedia, is also being prosecuted by the Securities and Exchange Commission for insider trading of shares in ImClone Systems a day before the biotech company announced that its application to market a cancer drug was rejected. She has pleaded not guilty to all charges for which she could face up to 30 years in prison...

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

...Kerry, Hillary Rodham Clinton - even occasionally offering to fetch the coffee. On the way down, she has to be even more careful if she ever hopes to rise again. Even for the strongest of the breed, the best strategy is to feign weakness, to play the damsel in distress. Martha Stewart, that means...

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

...Lucky for Martha, there's another vilified damsel to provide guidance: Hillary. The two have a lot more in common than first-name recognition. Both rose to the top by dint of brains, resolve, and marriages that jump-started their careers - Martha's to the publisher of her first books, Hillary's to a governor-to-be. Both have had their financial transactions investigated by ambitious prosecutors. Both were humiliated by husbands who fell for younger women. Both are loved and hated for driving while blond...

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

...though, their fortunes couldn't have been more different. Hillary was soaring high, a U.S. senator whose mega-memoir, Living History, had topped the bestseller list before reaching the shelves, even as she was being hailed by many Democrats as her party's best hope of recapturing the presidency. Martha, meanwhile, was stepping down from the presidency of a billion-dollar empire she started from scratch, having been arraigned at Manhattan's federal courthouse on charges of securities fraud and obstruction of justice. She may have been spared the perp walk, but the sight of Martha in such imperfect circumstances...

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

...that spectacle lay the seeds of Martha's resurrection, if only she'll stop wielding her whisk long enough to take note of Hillary's example...

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

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