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Martha Stewart Faces Wider Probe Over Her Sale of Shares of ImClone
The Wall Street Journal ^ | Wednesday, June 26, 2002 | CHARLES GASPARINO and JERRY MARKON

Posted on 06/26/2002 9:29:06 AM PDT by TroutStalker

Edited on 04/22/2004 11:46:42 PM PDT by Jim Robinson. [history]

Federal prosecutors have widened their probe of Martha Stewart beyond insider trading to include possible obstruction of justice and making false statements, a person with knowledge of the case said. At issue is whether the lifestyle guru misled prosecutors in explaining why she sold shares of ImClone Systems Inc. late last year immediately before damaging news about the company was made public.


(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; News/Current Events
KEYWORDS: marthastewart
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1 posted on 06/26/2002 9:29:06 AM PDT by TroutStalker
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To: TroutStalker


2 posted on 06/26/2002 9:33:48 AM PDT by Registered
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To: Registered
Stop picking on Martha! She's a sex pot!

Face it, for a women over 60 she is damn fine looking and put together well.

3 posted on 06/26/2002 9:35:03 AM PDT by Phantom Lord
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To: Registered; Cagey; SeeRushToldU_So; Argh; maxwell; Washington-Husky; WIMom
You are the master Registered! God, that is funny......
4 posted on 06/26/2002 9:42:51 AM PDT by WhyisaTexasgirlinPA
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To: Registered
Martha and Bill Do Lunch
5 posted on 06/26/2002 9:52:05 AM PDT by Bonaparte
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To: WhyisaTexasgirlinPA; Registered
Hahahahaha! Beautiful!

In the photo of her holding the champagne she reminds me of Mrs. Doubtfire for some reason. Could our Martha really be a Marty?

6 posted on 06/26/2002 9:56:27 AM PDT by Cagey
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To: Phantom Lord
Stop picking on Martha! She's a sex pot!

Beauty is as beauty does. She's a flaming liberal and a friend of the lying, cheating Clintons. And, like the Clintons, she thinks the rules don't apply to her.

7 posted on 06/26/2002 9:58:56 AM PDT by Bigg Red
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To: Bigg Red
Well, I find older women very attractive, and Martha is a women i find physically attractive.

I have made no mention of liking her political leanings.

8 posted on 06/26/2002 10:07:37 AM PDT by Phantom Lord
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To: Cagey
Talk about sleeping with the ENEMY.....from Newsmax.com:

With Carl Limbacher and NewsMax.com Staff
For the story behind the story...



Tuesday, June 25, 2002 5:29 p.m. EDT

Martha Stewart: Democrat
Mega-Donor

Embattled doyenne of domesticity Martha
Stewart was a major Democratic Party donor for
most of the 1990s, giving the legal maximum to
the campaigns of Bill Clinton, Hillary Clinton
and Al Gore, along with more than $100,000 in
additional cash to related Democratic causes.

Federal Election Commission records reviewed
by NewsMax.com showed that Stewart has given
nearly $170,000 to Democratic Party accounts
since 1992, including $3,000 to Bill Clinton
for his 1992 and 1996 presidential campaigns,
$2,000 for Gore's 2000 White House bid and
$1,000 for Hillary Clinton's New York Senate
campaign.

Stewart's donations to combined Democratic
accounts were much more generous, with her
largest single contribution - $75,000 -
funneled into the Democratic Party's "Unity"
account in 2001. She gave another $25,000 in
2001 to the Democratic Congressional Campaign
Committee.

In September 2000, the lifestyle diva also
kicked in $10,000 to the Democratic National
Committee.

Since insider trading charges began to swirl
around the home advice maven two weeks ago,
the price of her stock in Martha Stewart
Omnimedia has fallen by some $200 million,
according to the New York Daily News.

On Monday alone she lost $105 million on
paper.

Stewart is accused of selling her investment
in ImClone based on an insider tip from the
company's owner, Sam Waksal, a close Stewart
friend who was arrested on insider trading
charges last week.

A phone log uncovered by investigators Monday
suggests that on Dec. 27, Stewart got a call
from her broker, Peter Baconovic, telling her
the bottom was about to drop out of the
stock's price.

The log undermines Stewart's claim that she
had a standing stop-loss order with Baconovic
to sell ImClone stock when it dropped below
$60 per share.

Baconovic, who also sold ImClone stock for
Waksal and his daughter, was suspended by
brokerage house Merrill Lynch last Friday.

Stewart's donor records showed no
contributions to Republicans.
9 posted on 06/26/2002 10:09:58 AM PDT by Gopher Broke
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To: Cagey; Registered
"Marty Stewart".....wasn't he a singer?
10 posted on 06/26/2002 10:10:15 AM PDT by WhyisaTexasgirlinPA
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To: TroutStalker
She should have traded in cattle futures.
11 posted on 06/26/2002 10:13:28 AM PDT by F-117A
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To: WhyisaTexasgirlinPA
"Marty Stewart".....wasn't he a singer?

I thought he was some nature freak dude, chickie...

12 posted on 06/26/2002 10:21:04 AM PDT by maxwell
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To: maxwell
Maxwell, honey, you're 12 - you weren't even born when Marty Stewart was singing.......lol
13 posted on 06/26/2002 10:28:08 AM PDT by WhyisaTexasgirlinPA
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To: TroutStalker
Ms. Stewart responded that she wanted "to focus on my salad," ....
Hmmmmmmm....Bill Clinton (numerous times) "I want to get back to the work of the American people'...

14 posted on 06/26/2002 10:28:44 AM PDT by Stand Watch Listen
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To: Phantom Lord
So many people on these threads would apparently imprison their own children on the basis that the children chose to be liberals.
15 posted on 06/26/2002 10:35:08 AM PDT by Zon
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To: WhyisaTexasgirlinPA
Well who was that dude with "Wild America"?
16 posted on 06/26/2002 10:37:27 AM PDT by maxwell
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To: maxwell
What was "Wild America"?
17 posted on 06/26/2002 10:42:49 AM PDT by WhyisaTexasgirlinPA
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To: WhyisaTexasgirlinPA
I dunno, some nature show I used to watch as an anklebiter... Lions and snakes and whatnot eating each other... I could've sworn it was "Marty Stewart's Wild America". Mebbe not.
18 posted on 06/26/2002 10:48:49 AM PDT by maxwell
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To: Zon
So many people on these threads would apparently imprison their own children on the basis that the children chose to be liberals.

DAMN STRAIGHT!

19 posted on 06/26/2002 10:49:46 AM PDT by maxwell
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To: maxwell
ROFL.......that would have been "Mutual of Omaha's Wild Kingdom" with Marlin Perkins.........lol
20 posted on 06/26/2002 10:58:17 AM PDT by WhyisaTexasgirlinPA
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