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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Mar 06, 2004
Page
3
Martha Stewart and her ex-broker Peter Bacanovic were found guilty Friday of obstructing justice and lying to the government about unloading ImClone stock before a sharp drop. Stewart, 62, faces sentencing June 17 while appealing. supporters voiced support as she remains free.
Martha Stewart convicted on four counts including conspiracy and obstruction of justice. Peter Bacanovic found guilty on four of five counts. Each charge carries up to five years and a $250,000 fine. Sentencing likely around a year under federal guidelines.
New York AP reports Martha Stewart's conviction could severely damage her company as advertisers and readers fear declines in media reach. Analysts note towels and household goods may fare better, while brand tarnish challenges the board to act promptly to protect value.
Residents react to Stewart's conviction with a mix of calls for jail time and skepticism about celebrity leniency. Carbondale teen David Cooper supports the verdict, while Murphysboro resident Stephanie Marler expresses surprise but gratitude that justice was served.
Powerful gusts up to 58 mph near Peoria and Galesburg toppled two semitrucks on I-74 between Bloomington and Champaign. A Champaign Urbana bus toppled from a bridge railing into Copper Slough, injuring driver and passengers and prompting hospital care for several others. In Chicago winds over 60 mph forced street closures as debris flew from high rises after heavy rains.
East Peoria drivers watch prices rise as AAA Chicago reports Illinois self serve regular at 1.73. Analysts say summer could see statewide averages above 2.00, a first for downstate Illinois, with California and Nevada already over 2.00. Prices cited reflect crude, refinery costs, and demand.
A proposed law would add licensed animal investigators to mandatory reporters of child abuse, aiming to reveal more cases by cross reporting. DCFS opposes the move as duplicative and burdensome, while advocates argue that cruelty to animals and children overlap and cross reporting would uncover hidden abuse. Last year DCFS handled about 60,000 child abuse and neglect reports.
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