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" Carr, who said he has known the Jackson family for about 10 years but was speaking as a private citizen, said the public should remember that Jackson is presumed innocent until proven guilty The magazine issued a short statement affirming its story: "Vanity Fair stands by Maureen Orth's Michael Jackson story Michael Jackson Friend Criticizes Article Jan 30, 7:34 PM EST A friend of Michael Jackson's family said they are outraged by a magazine article out this week that portrays the embattled singer negatively The article underwent rigorous fact-checking and legal vetting The article did not contain a response from Jackson's family or legal team, although it said the writer had attempted to get their side Jackson pleaded not guilty earlier this month to seven counts of lewd or lascivious acts with a child under 14 and two counts of giving the child an "intoxicating agent," reportedly wine "We find it curious that this article appears when Michael's legal team cannot respond to this yellow journalism because of a gag order," Carr said Carr said the story contains false statements and allegations that were not attributed Regarding claims in the story that Jackson has had drug problems, Carr said it was well documented that after a 1984 accident Jackson was given painkillers, became addicted to them and went into rehabilitation for a time to get off the drug Firpo Carr told a news conference outside the Jackson family home Friday that the entertainer's parents and siblings object to a Vanity Fair magazine story about the current child-molestation charges against Jackson and similar allegations 10 years ago that were never prosecuted All parties involved in Jackson's legal case remain under a gag order and cannot speak publicly about it Stewart and Bacanovic â€â€? whose attorneys spent months together devising a defense strategy â€â€? say they had agreed beforehand to sell ImClone if the stock fell to $60 per share Bacanovic faces up to 25 years if convicted of perjury, conspiracy and other charges " After a brief stint at ImClone's marketing department, Bacanovic joined Merrill Lynch in 1993 "No one handed him any clients â€â€?â€â€?â€â€? Associated Press Writer Erin McClam contributed to this report " The stakes are high: Stewart is charged with obstruction of justice, securities fraud and other counts that carry a total of 30 years of prison time "He's no lightweight," Paul Bacanovic said Stewart's Fortunes Linked to Co-Defendant Feb 1, 1:50 PM EST Moments before jury selection for the trial of Martha Stewart, her boyishly handsome stockbroker paused at the defense table, leaned in and exchanged kisses with her on the cheek "Everyone who knows him knows this is ridiculous," he said A bachelor, Bacanovic was known to sometimes escort older socialites to galas and cultural events â€â€? fodder for unflattering gossip items since his indictment They say his friendships run deep, but that his loyalty to Stewart was strictly about business He was expected to testify that Bacanovic instructed him to give Stewart a secret tip that led her to sell nearly 4,000 shares of ImClone Systems stock in 2001, just before it plummeted on bad news And Faneuil's testimony was delayed last Thursday by the surprise disclosure of an FBI interview with his former attorney But the case took an unexpected turn last week that could strain their unified defense Some portray him as a shallow social climber who sabotaged himself by lying to regulators, others as an honorable person with an intense devotion to friends and investors While not exposed to the level of scrutiny aimed at Stewart, Bacanovic, 41, has seen his share of press, good and bad The twist involved the government's star witness, former Bacanovic assistant Douglas Faneuil He became one of the firm's top-producing brokers, with a list of well-heeled clients who invested tens of millions of dollars with him Bacanovic "doesn't want to help the government by pointing the finger at Martha Stewart," Small said "That was especially true in my brother's case " He was refined enough to fit in with his clients in high society settings, where he has been photographed smiling and mixing with Stewart Friends and family of Bacanovic have been quoted insisting his social acumen and relationship with Stewart have been overemphasized and distorted Bacanovic's lawyers could use the document to subtly distance their client from Stewart while bolstering his defense, said Dan Small, a former federal prosecutor in Boston Bacanovic "has always been very social," a tireless worker with the rare ability to convert friends into clients, said his brother, Paul, an investment banker at Lehman Brothers The greeting seemed affirmation that Stewart's bond with her co-defendant, Peter Bacanovic, was still strong despite government accusations they lied about a well-timed stock trade Successful brokers "start work when they leave the office," he said Bacanovic â€â€? after purposely keeping a low profile in the months leading up to the trial â€â€? expects to clear his name and resume his career, his brother said In a blow to prosecutors, transcripts of the interview suggest ImClone founder Sam Waksal himself â€â€? not Bacanovic â€â€? might have asked Faneuil to tip Stewart However, Bacanovic's attorney also has suggested Faneuil, star-struck by the domestic style-setter, decided on his own to tip Stewart about the stock's impending drop "But he also doesn't want to go down with he ship |
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