"Oh, My God! Get Martha on the Phone."

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  • Additional Information
    • Subject Terms:
      IMCLONE Systems Inc. 131345761 IMCL; MERRILL Lynch & Co. (1973-2009) 064968083 MER
    • Subject Terms:
      STEWART, Martha, 1941-; FANEUIL, Douglas; BACANOVIC, Peter; WAKSAL, Sam
    • Abstract:
      Discusses the testimony of Douglas Faneuil in the trial of Martha Stewart for allegations of obstructing the justice and securities fraud. Role of Faneuil as the former assistant to Peter Bacanovic, Stewart's broker at Merrill Lynch; Efforts of the defense attorneys to prove that Stewart sold shares to ImClone Systems due to her knowledge of classified information; Claims from Faneuil that he was instructed to tell Stewart about how Sam Waksal, the CEO of ImClone, decided to sell shares; How Faneuil is charged with a misdemeanor for initially misleading the government in the investigation of Stewart and Bacanovic; Possibility that Stewart will have to testify to refute Faneuil's testimony.