March 03, 2005
Martha and the Martyr's Halo?
Posted by Gordon Smith

In her most recent column, Tina Brown compares Martha Stewart to Martin Luther King Jr., Eugene V. Debs, Vaclav Havel, and Nelson Mandela, all of whom spent time in prison and earned the "martyr's halo." Uh, no. That's silly, but Brown still makes a nice point about the rehabilitative effect of prison on Martha Stewart's image:

The level of venom Martha experienced was all about how she made every other mini-player in the media firmament feel like a wallflower. Status rage is always the ugliest. There's a strange lightness now to all the coverage, like the lifting of a curse. As Martha Agonistes she is finally interesting for reasons other than envy. She's been through something the tabloid narrative can agree is "real."

Martha should not have been prosecuted, but it may have been one of the best things that ever happened to her business. Take a look at the stock price of Martha Stewart Omnimedia over the past five years:

Mso

The recent runup in MSO's stock price largely reflects the sense that Martha has handled the entire affair with class. She even got a new body out of the deal.

White Collar Crime | Bookmark

TrackBacks (0)

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8345157d569e200d83543b61469e2

Links to weblogs that reference Martha and the Martyr's Halo?:

Bloggers
Papers
Posts
Recent Comments
Popular Threads
Search The Glom
The Glom on Twitter
Archives by Topic
Archives by Date
February 2012
Sun Mon Tue Wed Thu Fri Sat
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29      
Syndicate The Glom
Subscribe

The Glom's Blog Network on Facebook:

Miscellaneous Links
LexisNexis Top Business Blogs 2011

 LexisNexis Tax Law Community 2011 Top 20 Blogs