jeanhee
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March 5, 2004

Victory for the Little Man?

Martha Stewart was found guilty on all four charges against her today. Peter Bacanovic was found guilty of four of five charges against him.

I’m stunned.

I thought there was a chance of this, especially given how strong the government’s case was and how seemingly smug the defense — Stewart’s in particular — was. Her defense rested after one witness and 40 minutes! That’s arrogance. So I thought there was a chance, but did I really think she’d go to jail, or that a jury would convict her of all counts?

No. I really didn’t.

But after seeing an interview with one of the jurors, I can see how wrong I was. He said the convictions were a victory for the “little man,” who may lose money because of behavior like this.

The defense totally miscalculated. They thought the jurors would see the case as the big bad government persecuting little Martha Stewart. They thought the persecution was so obviously ridiculous that they would underscore it by not putting on a defense. But in the end, little details that emerged — Stewart’s rude behavior toward assistants, her luxury vacation in Mexico, even the scrutiny of the expensive handbags she carried to court every day — did Martha in. She’s big bad rich woman, and the jury was not going to let her off easy once they had the power to send a message.

I sense anger, and it’s shaping up as friction between the classes. The haves have more than just money. They have power, they have information, they have material things. And clearly, they are not using this power responsibly.

The little man is mad as hell and he’s not going to take it anymore.

jeanhee @ 5:38 pm

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