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Verdict Is Reached In Martha Stewart Case

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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 02:45 PM
Original message
Verdict Is Reached In Martha Stewart Case
Verdict Is Reached in Martha Stewart Case

By ERIN McCLAM
The Associated Press
Friday, March 5, 2004; 2:37 PM

NEW YORK - A verdict has been reached in the Martha Stewart trial, a law enforcement source told The Associated Press Friday. Extra security was seen outside the Manhattan federal courthouse where the trial is being held.

Earlier Friday, a federal judge said jurors have sufficient evidence to decide whether to convict Martha Stewart's former stockbroker of perjury.

The judge's opinion, issued as the third day of deliberations began at the pair's stock fraud trial, does not mean jurors are certain to convict the broker, Peter Bacanovic. They still must find other legal conclusions, including that Bacanovic intentionally gave false testimony.

U.S. District Judge Miriam Goldman Cedarbaum, in response to a question from the jury, said the testimony of Stewart's assistant, Ann Armstrong, and a telephone message log she kept are enough to meet the high standards of evidence to convict a defendant of perjury.
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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 02:50 PM
Response to Original message
1. misleading headline
no verdict has been reached.

a waste of virtual ink :shrug:
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Florida_Geek Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 02:52 PM
Response to Reply #1
2. All news services say the verdict is in
Call all into Court.
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Mr.Green93 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 02:59 PM
Response to Original message
3. did she cut a deal?
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Dookus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:01 PM
Response to Reply #3
5. nope...
too late for that.

this is the verdict.

I hope they find her not guilty on everything and slap the prosecutor, too.
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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:00 PM
Response to Original message
4. CNBC just reporting that the doors have been bolted shut.
CNBC, IMO, has the best coverage.


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Dookus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:02 PM
Response to Original message
6. sigh..
GUILTY
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Mr.Green93 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:06 PM
Original message
railroad
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:03 PM
Response to Original message
7. STEWART GUILTY ON ALL COUNTS
Edited on Fri Mar-05-04 03:06 PM by jchild
conspiracy, making false statements, obstruction of justice.

Guilty on these counts...will get a full list up as soon as I can.
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:04 PM
Response to Reply #7
8. Wonder how she will be sentenced.
And wonder if the same form of justice will be applied to Ebbers.
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Catholic Sensation Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:05 PM
Response to Reply #8
11. CNN said she will face jail time
no house arrest or probation.
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DinahMoeHum Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:11 PM
Response to Reply #11
23. Jail time? Not gonna happen. Her lawyers will appeal. . .
and she'll probably get just a slap on the wrist.


:evilfrown:
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:27 PM
Response to Reply #23
33. Lawyers will appeal...have 55 days (including extension)
Still, her sentencing is June 15.
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Drifter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:06 PM
Response to Reply #8
15. I just heard on the radio ...
Max is 20 years.

Most likely a year or so.

That should put Ken Lay away for a few hundred life sentences.
Oh wait, what the fuck am I thinking, Lay donated to AWOL, he will get a sweet appointment in the next term.

Cheers
Drifter
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:04 PM
Response to Reply #7
9. You are kidding
Geez what a waste of time and money all for a $38K profit and lying about something she was never charged with.

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GOPisEvil Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:05 PM
Response to Original message
10. And Ken Lay walks the earth a free man...
*shakes head*
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Dookus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:06 PM
Response to Reply #10
12. If Lay had been a Democrat, like Martha
he'd be doing hard time already.
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MaineDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:08 PM
Response to Reply #12
18. I believe you're right!
A bag job if I ever saw one.

Although I don't think Martha is without her faults.

Ken Lay needs to be on trial - and SOON!
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:06 PM
Response to Reply #10
13. Amazing isn't it?
Truly amazing.
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Dookus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:13 PM
Response to Reply #13
26. It truly is...
and I abhor Martha Stewart. But this is just fucking nuts.

They should've fined her 38k, skipped the trial altogether and moved on. This is just a distraction from the REAL criminals.
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:44 PM
Response to Reply #26
36. Hey that's a good idea recoup the gain
No the prosecution spent more than that on taxi rides and dry cleaning.
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Catholic Sensation Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:06 PM
Response to Reply #10
16. well they're going after skilling
but yeah, no matter what kind of bitch stewart might be, ken lay is far worse
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JI7 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:08 PM
Response to Reply #10
19. i'm disgusted
ken lay, dick cheney, george w bush, neil bush, etc. disgusting criminal bastards. and they go after martha stewart because she is a woman.
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Zomby Woof Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 05:39 PM
Response to Reply #10
38. Stewart is no saint
And her empire is hardly a small business. She is Big Business.

Just because Lay walks free doesn't mean it is wrong that Stewart was convicted. I don't get all this romanticizing of Stewart, who is just as vile a criminal as Lay and all of those assholes.

I still remember the account of the intern who brought her the wrong pair of pliers. "You are a worthless human being", Stewart snarled at her. That was typical Martha Stewart.

So please, fuck all this pious nonsense that she is suffering for our sins and all the handwringing about Lay.

Martha should be put away, and I for one cheer this verdict.
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Kool Kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 10:25 PM
Response to Reply #38
40. I didn't see Martha ruining her employees'
Edited on Fri Mar-05-04 10:27 PM by Kool Kitty
and investors' retirement funds. If you think that is pious nonsense, so be it. Yes, she lied, yes, she should not have done that. But fine her, for crissakes, don't put her in jail
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Sparkle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:06 PM
Response to Original message
14. What utter bullshit!
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:06 PM
Response to Original message
17. Bacanovic GUILTY on all but one count.
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Catholic Sensation Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:10 PM
Response to Reply #17
21. at least the theif ceo is in trouble too
if it were just martha stewart i'd put a bullet through my television
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:09 PM
Response to Original message
20. Yahoo and AP have it too GUILTY
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yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:10 PM
Response to Original message
22. I hope this backfires on the Repugs too.
I hope that other people are thinking what so many of us are thinking - why does Martha Stewart get the book thrown at her, while Ken Lay and so many others walk around free?
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GreatCaesarsGhost Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:12 PM
Response to Original message
24. well, there goes any real news coverage for a while
Edited on Fri Mar-05-04 03:21 PM by GreatCaesarsGhost
all martha, all the time.

edit: not that there's a whole lot of real news coverage anyway.
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:12 PM
Response to Original message
25. FOUR COUNTS ON WHICH STEWART FOUND GUILTY:
Edited on Fri Mar-05-04 03:15 PM by jchild
One count conspiracy, two counts of making false statements, one count of obstruction of justice.

Each count carries a max 5 year prison term and $250,000 fine.
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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:13 PM
Response to Original message
27. Martha Stewart Convicted On All Counts
Martha Stewart Convicted on All Counts

By Erin McClam
Associated Press Writer
Friday, March 5, 2004; 3:04 PM

Martha Stewart was convicted Friday of obstructing justice and lying to the government about a superbly timed stock sale, a devastating verdict that probably means prison for the woman who epitomizes meticulous homemaking and gracious living.

_______________________________________________________________

Trading On Martha Stewart Stock Halted on Verdicts
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Shopaholic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:14 PM
Response to Reply #27
29. So let me get this straight. . .
Martha's going to the big house and OJ Simpson is still a free man?
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ronnykmarshall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:21 PM
Response to Reply #29
32. Yeah, strange world huh?
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:14 PM
Response to Original message
28. Stewart not to speak to media; her lawyer and Bacanovic to speak shortly
Edited on Fri Mar-05-04 03:16 PM by jchild
Just reported on MSNBC but I am sure that all major networks will carry Bacanovic and Stewart's attorney's statements.
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jeanmarc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:18 PM
Response to Original message
30. American Taliban strike again
This from the administration who's leader was involved in clear insider trading. Let's get a woman, they said. And when does Ken Lay meet justice? These people have the wrong damned priorities. Osama 9/11? Invade Iraq? Corporate crimes? Let's get some business woman and leave our contributors in the clear.
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:18 PM
Response to Original message
31. June 17, 10:00 AM - Stewart and Bacanovic to be sentenced
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ElsewheresDaughter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 03:30 PM
Response to Original message
34. Robert Durst, OJ NOT GUILTY...what an insane world this has become
:puke:
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HydroAddict Donating Member (316 posts) Send PM | Profile | Ignore Fri Mar-05-04 03:34 PM
Response to Original message
35. Bullshit. Bullshit, bullshit, bullshit.
All I can say is bullshit.

Martha, we know you were railroaded and you know it too.
Maybe President Kerry will have something to say about this next year.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 04:49 PM
Response to Original message
37. successful women who support democrats
must be scarier than i thought.
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Zomby Woof Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 05:42 PM
Response to Reply #37
39. considering how she treats her staff and neighbors
I don't want a Democrat like her on our side. She broke the law, and although it's a shame Lay and others have gotten away with it, that doesn't excuse her. Two wrongs don't make a right, as the time-honored wisdom goes.
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fortyfeetunder Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-05-04 10:37 PM
Response to Original message
41. Why bash on Martha when Kenny Boy is still loose??
...when that slime broth Kenny Boy Lay still runs around scot free.
Martha didn't really hurt anyone except those who were complicit in the crime.

But Kenny Boy, his dealings hurt millions of people, that is those formerly employed with Enron, investors, energy consumers. A public lynch mob would be a blessing...
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