Infamous Capitalist: Martha Stewart

Beginning in 2002, Stewart's career was shaken by charges brought against her regarding the sale of her shares in pharmaceutical company Inclone, days before its application for a new drug was denied. Stewart's reputation suffered heavily during the course of events that occurred over the next 3 years, which included a significant drop in advertising in Living and to a lesser extent Weddings and Kids. Stewart went to trial and was convicted in March 2004 on four counts of lying to investigators and obstruction of justice. She was forced to step down from her role as CEO and chairwoman of MSLO for a non-executive role