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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (5684)6/26/2002 6:50:45 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 17639
 
Um......I wonder if this was by request <g>

Feds Widen Probe of Martha Stewart

NEW YORK (Reuters) - Federal prosecutors have widened their probe of home decorating diva Martha Stewart to include possible obstruction of justice and making false statements, a person close to the matter told the Wall Street Journal.

Stewart could not be immediately reached for comment on the report, but has repeatedly denied any wrongdoing.

Chief executive of Martha Stewart Living Omnimedia Inc., she has been under scrutiny for selling nearly 4,000 shares of ImClone Systems Inc. on Dec. 27, just one day before the U.S. Food and Drug Administration rejected the biotech's experimental cancer drug.

She has said she had an agreement with her broker to sell her ImClone stock if it fell below $60 a share.