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Martha Stewart News
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Bail News, Martha Stewart Sentenced to 5 Months in Jail.
 

 

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Bail News Articles  1 2 3

Last update: July 19, 2004

 

Martha Stewart is not afraid of jail. "I could do it," she told the ABC television host Barbara Walters in a weekend interview. "I'm a really good camper. I can sleep on the ground."

Stewart, 63, was sentenced on Friday to five months in prison for charges related to a share trade she made in 2001.

"Many good people have gone to prison," she continued in the interview. "Look at Nelson Mandela."

When the homemaker guru emerged from the lower Manhattan court she had an air of defiance - and a sales pitch. When she finally spoke out after declining to take the stand at her trial, Stewart told reporters and onlookers: "I'm just very, very sorry that it's come to this - that a small personal matter has been able to be blown out of all proportion, and with such venom and such gore. I mean, it's just terrible."

Stewart, who will remain free pending an appeal, expressed remorse only for her employees and thanked what she said were thousands of people who had written or emailed their good wishes. She suggested they should continue their support "by subscribing to our magazine, by buying our products, by encouraging our advertisers to come back".

Although she has said she will appeal, there are signs she may be ready to accept her punishment, however unfair she believes it to be.

"I'm not afraid of hard work," she said when Walters reminded her that she would be working for 40 cents a day, sleeping on bunks and taking communal showers. "I was not born rich." That much is true: Stewart was born into a middle-class family in New Jersey. She excelled at school, got scholarships, and worked as a model and a stockbroker before launching a company that bears her name.

Martha Stewart Living publishes magazines and makes a TV program, and Stewart is the face of both. The company also produces household goods.

It all made her into one of the richest self-made women in the United States. At one point, she was a paper billionaire.

Then, in March, a jury found her guilty of four charges related to a share trade she made in December 2001. It decided she had altered emails and lied to investigators examining the trade.

Stewart's business has suffered. On Friday she complained that she had to sack 200 people as a result of her troubles. On the same day, she made $93 million.

As the judge read out the sentence, her stock price was soaring by 37 per cent.

A website that Stewart established during her trial got 34 million hits. She personally received 170,000 supportive emails. And the judge in her case got 1500 letters from fans, asking her to show leniency.

In addition to five months in prison, Stewart received five months of house arrest, during which she will have to wear a tracking bracelet on her ankle, two years' supervised probation, and a $30,000 fine.

The sentence was considered light, which may be why Stewart seems to be leaning toward serving it now.

In the interview with Walters, she said: "If it is looming ahead of me, I'm going to have to face it and take it, and do it and get it over with."

Stewart sees herself as the victim of the justice system, and of the media.

She has been lampooned throughout her ordeal.

Journalists criticised her clothes, her hair, her manner, her speech and especially her decision to carry an expensive, Hermes handbag to court.

In response, she said she was an "easy target" because she was so famous in the US.

"I was on television 21 times a week with my wonderful, award-winning, Emmy-winning, how-to television program that was such a nice alternative to other things that are on television," she said.

"This program teaches. This program informs.

"This program promotes crafts, and artisans, and artists, and paper makers, and gardeners, and hydrangeas.

"How can you malign something like that?"

 



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