Within minutes of learning this, according to the indictment, Bacanovic called Stewart. A few hours later, Stewart called back, learned of the planned Waksal sale, and ordered that her ImClone shares be sold. They sold that day for about $230,000. The next day, ImClone announced the FDA decision, and its stock declined by about 20 percent - which would have cost Stewart around $50,000.
After a five-week trial, Stewart was convicted of conspiracy, obstruction, and lying to investigators. She was sentenced to five months in prison; two years of supervised release, including five months of home confinement during which she would be monitored via ankle bracelet; and a $30,000 fine.
After her time at the Anderson Federal Prison Camp in West Virginia, a minimum-security facility for women affectionately known as Camp Cupcake, Stewart was released shortly after midnight on March 4, 2005. An awaiting SUV took her to a nearby airport, where a private jet whisked her off to Westchester County in New York.
Stewart chose to serve the home confinement at her 153-acre estate in Bedford, N.Y. Her other luxurious homes, in the Hamptons and off the coast of Maine, would have to wait. But she was glad to be home - any home - after her time behind bars.
Once freed of her shackles, instead of being scorned as a convicted felon, Martha Stewart was given, well, the Martha Stewart treatment.
Donald Trump created a new television show, The Apprentice: Martha Stewart. Stewart resumed her position at Martha Stewart Living Omnimedia, with compensation of about $2 million in 2007. She also gets $2 million a year for letting her company tape shows at one of her homes.
