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1 posted on 08/06/2002 2:08:28 AM PDT by kattracks
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To: kattracks
Looks like Martha will have to do her "Home Decorating" segments from the Federal pen in Marion, Ill.
2 posted on 08/06/2002 2:10:57 AM PDT by Pistolshot
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To: kattracks
Martha is one nasty person. The incident showed off her greed.
3 posted on 08/06/2002 4:43:27 AM PDT by Dante3
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To: kattracks
Although Stewart has not been charged in the case, her role has sent the stock of her own company, Martha Stewart Living Omnimedia, plummeting, prompting a class-action suit by her investors.

funny how the market is a self correcting mechanism.

4 posted on 08/06/2002 4:51:12 AM PDT by mlocher
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To: kattracks
Too bad these slimeballs didn't check their facts before dumping their stock - the drug is actually showing real promise - Imklone's study design was being faulted not the drug itself.

See a recent article here: Controversy hides drug's pluses - St. Petersburg Times - St. Petersburg, FL - Jul 30, 2002 - WES ALLISON & KRIS HUNDLEY



6 posted on 08/06/2002 4:58:14 AM PDT by Tunehead54
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To: kattracks
But Faneuil has now told probers she got rid of her shares after he advised her - on Bacanovic's orders - to sell because the firm's then-chief executive, Sam Waksal, was trying to sell out and members of his family were unloading their stock, the Journal reported.

This is a CRIME. It's called trading on inside information as a tipee and a tipper. We don't need new laws or regulatory agencies. We need a judicial system where crimes are PROSECUTED EQUALLY.

9 posted on 08/06/2002 8:18:18 AM PDT by 1Old Pro
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To: kattracks

The guy looks like he stepped off of the cover of GQ or something. Call me a cynic, but I can't escape the feeling that Mr. Bacanovic's success had to do more with his social skills than it did his financial abilities.

10 posted on 08/06/2002 8:24:54 AM PDT by r9etb
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To: kattracks
I'm no Martha fan, but I have yet to see any smoking gun evidence. I wonder why the media is so eager to get Martha?
11 posted on 08/06/2002 5:51:18 PM PDT by TBall
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To: kattracks
If Martha sold at $58 per shr, that would mean that she sold on Dec 28. On Dec 28 Imclone was down about 5 pts from the previous day and was off of a $75 high put in on Dec 6. Techinally Imclone was quite weak when she sold. Once again, I'm no fan of Martha.
13 posted on 08/06/2002 8:04:43 PM PDT by TBall
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