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On June 4, 2003, Stewart was indicted by the government on nine counts, including charges of securities fraud and obstruction of justice.
Stewart voluntarily stepped down as CEO and Chairwoman of MSLO, but stayed on as chief creative officer. Prosecutors showed that Bacanovic had ordered his assistant to tell Stewart that the CEO of Im Clone, Samuel D.
She has written numerous bestselling books, is the publisher of the Martha Stewart Living magazine, and hosted two long-running syndicated television shows, Martha, which ran from 2005 to 2012, and Martha Stewart Living, which ran from 1993 to 2005.
In 2004, Stewart was convicted of charges related to the Im Clone stock trading case.
In 1990, Stewart signed with Time Publishing Ventures to develop a new magazine, Martha Stewart Living, for which Stewart would serve as editor-in-chief.
The first issue was released in late 1990 with an initial rate base of 250,000.
The result was her first book, Entertaining (December 13, 1982), success, Stewart released many more books under the Clarkson Potter publishing imprint, including Martha Stewart's Quick Cook (1983), Martha Stewart's Hors D'oeuvres (1984), Martha Stewart's Pies & Tarts (1985), Weddings (1987), The Wedding Planner (1988), Martha Stewart's Quick Cook Menus (1988), and Martha Stewart's Christmas (1989), among others.Stewart served as chairman, president, and CEO of the new company and Patrick became Chief Operations Officer.By organizing all of the brand's assets under one roof, Stewart felt she could promote synergy and have greater control of the brand's direction through the business's activities.During the project, Stewart's panache for restoring and decorating became apparent.In 1976, Stewart started a catering business in her basement with a friend from her modeling days, Norma Collier.