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


To: Alan Smithee who wrote (13923)8/7/2002 5:11:01 PM
From: Augustus Gloop  Read Replies (2) | Respond to of 17639
 
ImClone CEO Indicted In Insider Trading Scandal
Scandal Tarnished Martha Stewart's Image

POSTED: 5:05 p.m. EDT August 7, 2002
UPDATED: 5:06 p.m. EDT August 7, 2002

NEW YORK -- Prosecutors say ImClone founder and CEO Samuel Waksal has been indicted today in an insider trading scandal that has tarnished Martha Stewart and her home fashion empire.

The indictment filed in federal court in Manhattan was not immediately available, but prosecutor Michael Schachter told reporters outside court that it charges Waksal with bank fraud, perjury, obstruction of justice and other counts.

In June, Waksal -- a friend of Stewart's -- was arrested on insider trading charges for allegedly tipping off members of his family to sell ImClone shares.


Prosecutors accuse Waksal of secretly advising his daughter and father to sell their shares before the Food and Drug Administration officially announced it had rejected the biotech company's effort to win approval for a highly touted cancer drug.

Investigators also targeted Stewart after learning that she disposed of nearly 4,000 shares before the public announcement.



To: Alan Smithee who wrote (13923)8/7/2002 5:21:28 PM
From: Nemer  Respond to of 17639
 
busy like a lil bee ---

ok, make that a great large fat bald bee ...... gggggg

both our daughters have moved back to town *(NOT home, but to hometown ...GGGGGG)

youngest will be teaching advanced level English eighth grade ane the eldest will be teaching fourth grade ....

ol dad has been grunt labor for the past two months ....
and
haven't lost a danged pound, but have succeeded in slight damage to/with

little toe on left foot
lower back
heel strain
leven hunnert wasp stings
inflamed wisdom tooth ****(most likely had nada to do with the girls) :{{ however, I might have overused it (wisdom toothy) in giving highly excessive advice which is, of course, completly ignored .... hahahahaha

you a dry well -----
huh??????
can't believe that ...ggggggg