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ALBERT WANG PRESENTS proudly offers up the best and worst in Summertime Reality TV! It's like The Appentice. It's like American Idol. It's Like Who Wants To Marry A Millionaire. It's Really, Really Bad. It Is "Who Wants To Be Martha Stewart's Cell Mate?" Martha will start with 15 or 20 likely fellow felons, and each week, through a varity of lame tests, the field is narrowed to 2, then all of America gets to vote on who will share Martha's life for the next 5 months. The contestants who are eliminated each week will be given a shiv, hand...

NEW YORK (AP) - First, Martha Stewart declared she is used to hard work and is not afraid of prison. Later, in an interview with ABC News, the homemaking expert repeated that she would be able to handle it and compared her plight to that of anti-apartheid activist Nelson Mandela. ``I could do it,'' she said, according to excerpts released by ABC late Friday. ``I'm a really good camper. I can sleep on the ground. There are many, many good people who have gone to prison. Look at Nelson Mandela.''

(excerpt from mid-article - click link for full article) Stewart said she hadn't given much thought to what her life behind bars would be like when asked how she would handle prison food, fellow inmates and strip searches. "I could do it," she said. "I'm a really good camper. I can sleep on the ground. … There are many, many good people who have gone to prison … look at Nelson Mandela."

NEW YORK (AP) -- Domestic icon Martha Stewart was handed a prison term of just five months Friday 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...

One-time Clinton White House legal adviser Walter Dellinger will take on the appeal for Martha Stewart after her sentencing Friday morning, and ABC News has learned the details of Dellinger's argument for a stay in her sentence pending appeal. The appellate expert and former solicitor general, who argued nine cases before the Supreme Court, will steer legal efforts on her behalf from the time of her sentencing on — taking over for Bob Morvillo, who leads the defense team to that stage. Dellinger has been working side by side with the defense team for several months to prepare appeal arguments,...

FoxNews Alert: No new trial for Martha Stewart.

Ken Lay of Enron Indicted and Arrested By Andrew L. Jaffee, July 8, 2004 Home   Search   Forum   Terms Enron’s ex-Chairman of the Board has been indicted and arrested on charges connected with his former company’s implosion in 2001. Corporate executives at Enron engaged in all sorts of financial manipulations to pump up the company’s stock price. They created complex “partnerships” to hide company debt from shareholders. In 1998, Enron’s share price was at about $20. By 2000, it hit $90. By 2001, the company’s stock was worthless. Enron’s collapse wiped out billions in shareholder value and employee pensions. Democratic Presidential hopeful John...

NEW YORK (May 31) - Martha Stewart will seek to lighten her jail term by spending up to 20 hours a week teaching poor women how to start their own businesses, according to Newsweek magazine. Stewart has offered to work up to 1,000 hours for Women's Venture Fund, a nonprofit organization based in New York, WVF president Maria Otero told the magazine for its June 7 edition. After meeting privately with Stewart, Otero wrote a three-page letter to U.S. Judge Miriam Cedarbaum about how the domestic doyenne's know-how could benefit underprivileged women, Newsweek said. ''Can you imagine if we had...

NEW YORK (May 18) - Martha Stewart's home decorating and cooking show will be suspended as of the 2004-2005 season as Stewart contends with a criminal conviction, her company said Tuesday. Martha Stewart Living Omnimedia said its founder and namesake's Emmy-award winning show Martha Stewart Living Television would be placed on hiatus after it wraps up its 11th season by September 2004. The show was distributed by King World Productions to 52 percent of local U.S. television markets. ''I am deeply sorry that it has become necessary for the show to go on hiatus until my personal legal situation is...

NEW YORK - Martha Stewart (news - web sites)'s lawyers asked on Wednesday for a new trial, claiming that one of the jurors who convicted her lied about his criminal record during jury selection. In papers filed in U.S. District Court in Manhattan, defense attorney Robert Morvillo accused juror Chappell Hartridge of violating his oath, lying to serve on the jury and depriving Stewart her right to a fair trial. Stewart was convicted March 5 along with her broker, Peter Bacanovic, of obstructing justice and lying to the government about her sale of 3,928 shares of ImClone Systems stock on...

March 17 (Bloomberg) -- Martha Stewart, to be sentenced June17 for obstructing a federal investigation, has asked friends ina letter to vouch for ``my character, my work ethic, myintegrity, and my probity'' with the judge in charge of her case,a person familiar with the matter said. Stewart asked friends in a March 12 form letter to write toU.S. District Judge Miriam Goldman Cedarbaum, who presided overStewart's trial in Manhattan and will sentence her. ``Many people have inquired as to whether they can help bywriting to Judge Cedarbaum about my sentence,'' Stewart wrote inthe one-page letter. ``I am advised by my...

<p>NEW YORK (CNN/Money) - Martha Stewart has resigned from the board of the home decor company she founded, Martha Stewart Living Omnimedia said Monday.</p> <p>In a statement, the company said Stewart has given up positions as director and chief creative officer, but will retain a role as "founding editorial director."</p>

<p>Sen. John Kerry, D-Mass., and other Democratic leaders are cruising toward November by exploiting public antipathy toward so-called corporate miscreants, such as the guys at Enron, WorldCom and now home-decorating diva Martha Stewart.</p> <p>I'm no defender of corporate wrongdoing, although I still can't quite figure out what Stewart did that warrants time in jail. Lying to investigators about a non-crime apparently is all it takes to get one locked up these days. Investigators frequently lie to those they are interrogating, and they are not punished for that.</p>

WHO'S HOT.... 1. JOHN KERRY HEINZ He's a Euro-loving defeatist who never met a U.N. resolution he didn't like. He's a two-face Viet Nam veteran who never stops talking about his surprisingly brief, four-month tour of duty in Viet Nam with his 'band of brothers," all the while doing everything he can to weaken the military and intelligence capability of his homeland (not to mention his shameful betrayal of American GIs and prisoners-of-war when he rushed home from Viet Nam -- thanks to his privileged connections -- to join the anti-war movement and libel America's beleaguered fighting men as killers,...

<p>NEW YORK — Hillary Clinton (search) doesn't want money from a convicted felon but a lot of other Democrats are keeping the dough Martha Stewart (search) gave them.</p> <p>Not only is the convicted domestic diva facing prison time for trying to lie about a suspicious stock sale but she's also a big Democratic donor.</p>

<p>March 9 (UPI) -- Sen. Hillary Rodham Clinton, D-N.Y., has decided to give a $1,000 campaign contribution from Martha Stewart to charity, the New York Post reported Tuesday.</p> <p>Until Stewart's conviction on lying and obstruction of justice charges, Clinton vowed she would give her friend and supporter "the benefit of the doubt" and hold on to the money.</p>

RE: BUTTERFLY BROKEN ON A WHEEL [John Derbyshire] VERY interesting e-mailbag on my Martha Stewart postings. They are running about 2-1 in support of my pro-Martha position -- somewhat to my surprise, as I thought I was being dramatically contrarian here. Interestingly, e-mails from professionals in the securities business are pretty solidly with me -- I have appended a good example down below. Points often made: ---It is not against the law to be a rich, obnoxious, not-very-honest woman, not even if your politics are Clintonian-Democrat. ---Not only was Martha not charged with "insider trading" (whatever THAT is supposed to...

Homemaking and publishing icon Martha Stewart, convicted of obstructing justice and lying to the government about a suspicious stock sale, will likely serve time in federal prison. (The charges carry up to 20 years in prison, but Stewart will most certainly get much less than that under federal sentencing guidelines.) But the question on everyone's lips is: How will Stewart survive in prison? One woman who knows only too well about life behind bars is Susan McDougal, who told all in her recently published book, "The Woman Who Wouldn't Talk.” She tells The Early Show co-anchor Julie Chen, given the...

The Martha Stewart verdict signals a stunning fall from grace for one of the most successful women in American business. Not only was she the founder of a New York Stock Exchange company, she was its public face and chief spokeswoman, with a celebrity burnished on magazine covers, in books and on television shows, all labeled with the Martha Stewart name. Her fortune once was valued at more than $1 billion and remains in the $335 million range--at least for the moment. Stewart, the domestic diva and founder of Martha Stewart Living Omnimedia (nyse: MSO - news - people ),...

RE: BUTTERFLY BROKEN ON WHEEL [John Derbyshire] Readers are chiding me for my support of Martha: "Rich rhymes-with-rich... arrogant... female Kerry, DYKWIA?.... little people need protection in the market... integrity of the market... yada yada." Well, fiddlesticks. I'm a conservative, and my first presumption is that my main enemy is State Power. This was an exercise in State Power, DYKWIA writ much larger than any individual in this country can write it. Stewart's offenses were trivial, not worth prosecuting. Investor confidence? Insider trading? (Which she was not even charged with!) Gimme a break. The markets are a lottery, and the...