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, says Stewart's ImClone sale "raises the specter of insider trading But Stewart was not charged with knowing about the insider information that led Waksal to sell officials wanted to question Stewart about her sale of ImClone S Stewart sold on Dec S Lawyers Claim Stewart Misled Investors Feb 18, 6:13 PM EST Prosecutors tried to prove Wednesday that Martha Stewart propped up the stock price of her own company by lying to investors about why she sold ImClone Systems stock Four other counts accuse her, in various ways, of lying to investigators about why she sold ImClone stock The government was nearing the end of its case against Stewart and Bacanovic, which has lasted almost four weeks Blatt, the former top lawyer at Stewart's company, told Morvillo that company officials were "concerned" about the storm of publicity because of the negative effect it could have on advertisers He showed jurors a slew of 2-year-old news reports that speculated she sold the stock on insider information and was romantically linked to the now-imprisoned Waksal, which Stewart has denied Earlier in the day, Stewart attorney Robert Morvillo tried to show jurors Stewart simply was trying to discredit inaccurate reports and was making smart business decisions when she issued the statements saying her ImClone sale was proper The government claims Bacanovic sent word to Stewart through an assistant the day of the sale that Waksal was trying to dump his shares Prosecutors claim Stewart misled investors with the June 2002 statements and was trying to protect the hundreds of millions of dollars she owned in her own company's stock Stewart immediately told Armstrong to change the message back to its original wording, Armstrong testified last week 27, 2001, just before the government rejected ImClone's application for review of a cancer drug, which sent the ImClone stock price down Meanwhile Wednesday, a federal appeals court ruled that the judge overseeing the trial was wrong to bar the news media from jury selection The charge of securities fraud carries a 10-year prison term But the 2nd U Blatt, a witness called by the government, also said he was alerted on Jan " Gregory R Prosecutors said they could rest as early as Thursday Still, Morvillo's questioning did not address a key element of the securities fraud charge â€â€? that Stewart's lawyer told The Wall Street Journal that Stewart and Bacanovic had an agreement to sell ImClone at $60 25, 2002, that U If convicted, she likely would get a lighter penalty than the maximum under federal sentencing guidelines The news reports are from early June 2002, when word leaked that Congress was investigating whether Stewart sold ImClone on insider information James Greenwood, R-Pa "The mere fact of intense media coverage of a celebrity defendant, without further compelling justification, is simply not enough to justify closure," the appeals court ruled Circuit Court of Appeals called the media "a vital means to open justice" and said she had not met the heavy burden required to close jury selection The government claims the real reason for the sale was that Stewart was tipped that ImClone founder Sam Waksal was trying to sell his shares District Judge Miriam Goldman Cedarbaum said she kept reporters out of the process â€â€? usually open â€â€? because she was worried jurors might be less forthcoming about possible bias if they knew reporters were watching It is the most serious of the five counts Stewart faces U That was six days before Stewart altered a computer log of a message left by Bacanovic on the day she sold her ImClone shares, according to previous testimony by her assistant Ann Armstrong " In another, Rep S In one, a Minnesota Public Radio anchor refers to a purported romantic link between Stewart and Waksal and says: "It looks like Martha Stewart may have kissed and sold The government introduced a stock chart that showed spikes in the price of Martha Stewart Living Omnimedia immediately after Stewart issued statements denying wrongdoing in June 2002 In the statements, on June 12 and June 18, Stewart insisted she had a pre-existing deal with her stockbroker Peter Bacanovic to sell ImClone when it fell to $60 The film has prompted angry reactions overseas from those offended by a portrayal of Hitler that humanizes one of history's most reviled figures Another pencil sketch by Hitler may join it, he said Those involved in the film, including Dutch-born writer and producer Menno Meyjes, have defended it, saying it is not intended to romanticize Hitler but is meant to alert people to the possibility of the rise of another like him "The showing of the watercolor is meant to back up the message of the film â€â€? to show that Hitler had a human side to him and that is all the more reason why he is terrifying because a despot could be born again," said Kobayashi Hitler Watercolor to Be Displayed in Tokyo Feb 3, 10:47 AM EST A watercolor by Adolf Hitler goes on display this week at a Tokyo theater to promote a movie based loosely on the Nazi dictator's life, the film's Japanese distributor said Tuesday Hitler, who early in life had wanted to study fine arts, is believed to have created thousands of drawings and paintings, many of them streetscapes and village scenes The undated, unnamed work will go on exhibit Saturday, coinciding with the premiere of "Max", which depicts Hitler's transformation from a struggling artist into a promising propagandist of German nationalism, said Toshiba Entertainment Inc spokesman Daisuke Kobayashi Though his application to the Vienna Academy of Fine Arts was rejected, there are records indicating he spent several years in the early 1910s trying to make a living from painted postcards and watercolors 15, and then returned to Germany for auction in May, Kobayashi said The watercolor of Vienna's Karlskirche, also known as Saint Karl's Church, will be on display at the Theatre Times Square in Tokyo's Shibuya ward until Feb |
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