- NEW YORK (Reuters)
-- Convicted domestic diva Martha Stewart is planning to try to shorten
her time in jail by offering to serve part or all of her sentence helping
underprivileged women start businesses, according to a story in the June
7 edition of Newsweek due to go on sale on newsstands Monday.
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- Stewart recently approached the Women's Venture Fund,
a new York nonprofit group, offering to work 20 hours a week teaching low
income and minority women to become entrepreneurs according to the report
which cited the venture's President Maria Otero.
-
- Stewart, the founder of Martha Stewart Living Omnimedia
Inc, and her former stock broker, Peter Bacanovic were convicted on March
5 for conspiring to lie about a suspicious stock trade.
-
- Stewart is scheduled to be sentenced on June 17.
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- Newsweek said that unnamed sources close to the case
confirmed Stewart's strategy.
-
- Efforts to contact Stewart's personal representatives
and her lawyers on Sunday were unsuccessful.
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- http://www.forbes.com/markets/newswire/2004/05/30/rtr1389485.html
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