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Friday, July 16, 2004
Domestic icon Martha Stewart was handed a prison term of just five months today for lying about a stock sale. After asking the judge for leniency, she emerged defiant from the courthouse to say she was being persecuted and declared, "I'll be back."
"I'm not afraid. Not afraid whatsoever. I'm very sorry it had to come to this," she told a crowd of media and supporters afterward, speaking in a strong voice on the courthouse steps.
Stewart, who was also ordered to serve five months of home confinement and fined $30,000, did win a key victory when U.S. District Court Judge Miriam Goldman Cedarbaum stayed her sentence pending appeal, a process that could last many months.
Such contrition, Martha. By the way, those of us in the real world... yes, the normal, everyday Joes... we would have gotten a far more severe penalty than 5 months in prison (probably a country club in Greenwich) and 5 months AT HOME and a fine LESS THAN what we made off of an insider trade.
Says Martha, "I'm not afraid." Way to be brave, Ms. Stewart. We couldn't be prouder. Now shut up, and go serve your "sentence".
UPDATE: I originally missed the part about the 5 months of non-home based confinement, so I edited the post.
Also, some people seem to think that Martha shouldn't get any prison time at all. I disagree. These people in positions of power and knowledge (people like Lay and Kozlowski) should have to serve time for their crimes. I'm the last person to jump on the capitalists in the world, but to abuse the system is wrong, and should be punished accordingly.
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