[continued from previous message]   
      
   In the Martha Stewart case, prosecutors relied heavily on the   
   testimony of Douglas Faneuil, Mr. Bacanovic's former assistant.   
   He told the court that Mr. Bacanovic had yelled, "Oh my God, get   
   Martha on the phone," when he informed his boss about the   
   Waksals selling on Dec. 27, 2001, one day before negative news   
   sent ImClone stock plunging. Mr. Faneuil then testified that his   
   boss instructed him to tip Ms. Stewart about that fact, that he   
   did and that she then sold.   
      
   Mr. Faneuil said Mr. Bacanovic at first told him the reason for   
   the trade was tax-loss selling, then told him there was an   
   agreement to sell the stock when it dropped below $60. Mr.   
   Faneuil also said Mr. Bacanovic pressured him to stick to the   
   $60 account. Mr. Faneuil recounted one telephone conversation in   
   which his boss said, "The reason for Martha's trade is, we came   
   up with a stop-loss order if the stock hits 60." Mr. Faneuil   
   said he was silent.   
      
   "OK? OK?" Mr. Faneuil said his boss asked, in a loud voice.   
      
   "OK," Mr. Faneuil said he replied, dropping his tone to a near   
   whisper.   
      
   Mr. Faneuil also described a January 2002 meeting with Mr.   
   Bacanovic at a coffee shop near the office, in which he told Mr.   
   Bacanovic that he knew what really happened. "With all due   
   respect, no, you don't," Mr. Faneuil recalled Mr. Bacanovic   
   saying. "Don't worry, I've got everything under control."   
      
   Mr. Faneuil, who was 26 years old at the time of the   
   investigation, testified that he was afraid of losing his job   
   and felt "physically" scared of Mr. Bacanovic. Mr. Faneuil   
   pleaded guilty to a misdemeanor and is cooperating with the   
   government.   
      
   Other witnesses included Mariana Pasternak, a close friend of   
   Ms. Stewart, who testified that Ms. Stewart told her three days   
   after her ImClone sale that she knew Dr. Waksal was trying to   
   sell his stock. Ann Armstrong, Ms. Stewart's personal assistant,   
   testified that her boss altered a phone message in January 2002   
   left by Mr. Bacanovic on the day of her stock sale, but   
   immediately ordered it changed back. The government used the   
   incident to suggest Ms. Stewart was worried the message didn't   
   back up her account of the trade.   
      
   http://www.wsj.com/articles/SB107833235519345426   
           
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)