Martha Stewart found guilty in 4 of 5 counts. Faces up to 20 years in jail.
NEW YORK - 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 almost certainly get much less than that under federal guidelines at her June 17 sentencing.
Her former stockbroker, Peter Bacanovic, 41, was convicted on all but one count against him, filing a false document.
Amazing. She wasn't charged with insider trading, just the attempted coverup.