Martha Stewart Sentenced
Domestic icon Martha Stewart moved one step closer to a drastically different lifestyle behind bars when the millionaire entrepreneur was sentenced Friday to five months in prison for a stock-trading scandal. “I’ll be back,” she promised afterward, speaking in a strong voice on the courthouse steps. “I’m not afraid. Not afraid whatsoever. I’m very sorry it had to come to this.” Stewart also was ordered to serve five months of home confinement for lying to federal investigators. Stewart, who was also fined $30,000, was spared an immediate trip to federal prison when U.S. District Court Judge Miriam Goldman Cedarbaum stayed her sentence pending appeal.
In the courtroom, Stewart’s voice was shaky as she appealed for a reduced sentence, asking the judge to “remember all the good I have done.” “Today is a shameful day. It’s shameful for me, for my family and for my company,” she said. But outside the courthouse, Stewart was far more forceful and confident, complaining that a “small personal matter” was blown out of proportion and promising that she would not go quietly.
Cedarbaum rejected a defense request to send Stewart to a halfway house for the first five months, reasoning that “lying to government agencies during the course of an investigation is a very serious matter” and that the sentence was at the bottom of the confinement range.
This still doesn’t strike me as something one should get prison time for, especially on the first offense. Or, for that matter, worth the inordinate amount of taxpayer resources poured into the prosecution.
Hat tip: Steven Taylor