Martha Stewart circling the drain

L’affaire Martha Stewart seems to be circling the drain in preparation for a conclusion. The Financial Times is reporting that Ms. Stewart (well, her lawyers actually) tried to end-run local Department of Justice officials, appealing directly to senior folks. While that might seem untoward (and it would be, if anyone paid any attention), it is merely a sign that DoJ underlings have presented Martha with a last and final offer.

What will said offer look like? Inisder trading is apparently off the table, so that leaves us with a possible obstruction of justice charge. That sort of thing just irks me, as it is endlessly silly. Nevertheless, the result will almost certainly be a fine and loss of the privilege of being an officer of a publicly-traded company.