Martha Stewart Convicted
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.
The jury of eight women and four men deliberated three days before convicting Stewart of all counts against her. The charges carry up to 20 years in prison, but Stewart will most certainly get much less than that under federal sentencing guidelines.
Stewart, 62, grimaced as each count against her was read. Her eyes appeared to widen slightly.
Her ex-stockbroker, Peter Bacanovic, 41, was convicted on all but one count against him, filing a false document.
Sentencing was set for June 17.
But all’s not lost: Good News for Martha: A Daytime Emmy Nomination
Martha Stewart could become the first convicted felon ever to win a Daytime Emmy Award.
As Stewart awaited the verdict on her insider-trading trial in Manhattan, the National Academy of Television Arts and Sciences announced yesterday that she is nominated for best service-show host, for her syndicated program, “Martha Stewart Living.”
The TV Column called NATAS to ask whether a convicted felon had ever won a Daytime Emmy Award. A NATAS rep laughed, then responded, “No, there really has never been a convicted felon to win a Daytime Emmy Award.”