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To: Bucky Katt who wrote (12358)	6/10/2003 2:52:45 PM
From: Bucky Katt	Read Replies (2) \| Respond to of 48461

What does everyone think of the spanking that Sam Waksal, the former ceo of IMCLE received today? What about Bernie of W-Com, Lay & Skilling of Enron, big bubba from Tyco and the rest? He was sentenced on Tuesday to 87 months in prison and ordered to pay $3 million in fines for tax evasion and his role in insider-trading. At a hearing in a Manhattan courtroom, U.S. District Judge William Pauley also ordered Waksal to pay restitution of $1.26 million. Waksal pleaded guilty last October to six felony counts related to insider trading, and in March, he pleaded guilty to charges he evaded taxes on $15 million worth of art he purchased. He had been named in a 13-count indictment in August 2002, accusing him of bank and securities fraud and obstruction of justice. Prosecutors alleged Waksal tried to sell his ImClone shares ahead of a public announcement that the U.S. Food and Drug Administration would reject the company's highly touted new cancer drug, called Erbitux.