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Friday, March 05, 2004

BREAKING NEWS | LIVE WEBCAST ~ Martha Stewart found guilty
Bernard Hibbitts at 3:06 PM ET

Martha Stewart has been found guilty on all 4 counts against her of conspiracy, making false statements (2 counts) and obstruction of justice. Her broker Peter Bacanovic has been found guilty of conspiracy, making false statements, perjury, and obstruction of justice. He was found not guilty of falsifying documents. With these convictions, Stewart could be sentencied to up to 20 years in prison, and Bacanovic 25, but under federal sentencing guidelines the sentences could be much less, even down to a period of house arrest. Sentencing has been scheduled for June 17. WNBC-TV in New York City is providing live coverage of the verdict's aftermath.



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