Stewart was convicted on one charge of conspiracy, one charge of obstruction of justice and two charges of making false statements to investigators.I remembered you had mentioned you worked on some sort of scanners, sorry to confuse you with L3. Let me ask two more questions, feel free to not answer, of course.Stewart was convicted of selling almost 4,000 shares of ImClone Systems on Dec. 27, 2001, after being tipped that former ImClone CEO Sam Waksal was trying to dump his own shares in the company. Waksal is a friend of Stewart.
Prosecutors said Stewart and her former stock broker, Peter Bacanovic, then tried to cover up the reason for the trade.
Is your company minority-owned? What percentage of gross sales are to non-government (directly or indirectly via a subcontract) clients?
The problem is bribery, not lobbying; together with extortion. Politicians will make it quite clear, usually through their staff that if someone wants access, then they better pony up. All but the stupid ones know how to stay within the boundaries of the rules that Congress wrote for itself, but you don’t have to be a rocket scientist to know that Congress gave themselves plenty of wiggle room to get a piece of the action.
Our clients are all government. But, we don’t have any minority status, we are not a small business for most purposes anymore, so we have to compete with the big boys. What keeps us going is by specializing in testing and evaluation, we can demonstrate that we have no conflicts of interest and since the government is getting much tougher on such things, we can compete for work that the big guys can no longer do. The government has finally put their foot down and said to folks like Lockheed Martin that they can’t make the thingy, test the thingy, and manage the development of the thingy. Fox in the chickencoop