Re: OT?: Martha Stewart's Conviction Upheld By Appeals Court

Steven L. wrote:
> AP
> Appeals Court Upholds Stewart's Conviction
> Friday January 6, 12:57 pm ET
> By Larry Neumeister, Associated Press Writer
> Federal Appeals Court Upholds Convictions of Martha Stewart,
> Ex-Stockbroker Peter Bacanovic
>
> NEW YORK (AP) -- A federal appeals court Friday upheld the conviction of
> celebrity homemaker Martha Stewart for lying about selling stock that
> plunged in price soon after her trade. Stewart completed her sentence in
> the case last summer but had pursued the appeal anyway.
>
> The 2nd U.S. Circuit Court of Appeals in Manhattan issued a written
> ruling upholding the 2004 convictions of Stewart and former stockbroker
> Peter Bacanovic for lying about why Stewart sold nearly 4,000 shares of
> ImClone Systems Inc. stock in 2001.
>
> The sale came just before the stock took a dive on a negative government
> report about the drug company.
>
> The appeals court said that none of the numerous grounds upon which
> Stewart and Bacanovic challenged their convictions provided a basis to
> disturb the jury's verdict.
>
> http://tinyurl.com/9ywnz

Thanks for posting this, I don't think it's OT (she still has a tv
show). Besides I was just wondering the other day whatever became of
her appeal. If it were overturned I suppose she could've returned to
the board of her company.