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But Faneuil said he only thought about the violation later, and he repeated that Stewart's broker at the time, Bacanovic, had ordered him to give Stewart the tip and encouraged him to lie about it later Another of the messages Armstrong gave Stewart that day had been left by her stockbroker: "Peter Bacanovic thinks ImClone is going to start trading downward Stewart and Bacanovic say they had a pre-existing deal to sell ImClone when it fell to $60 per share "I would say because Peter told me to do it, I did not think I was doing anything wrong," Faneuil said assistant Douglas Faneuil, who handled the ImClone sale â€â€? finished his testimony after four days on the stand He says he never knew of any pre-existing arrangement between Stewart and the broker to sell ImClone when it fell to $60 Stewart was calling from Texas during a refueling stop on her way to a vacation in Mexico Just hours later, Stewart called Bacanovic's assistant and sold her 3,928 shares in the company â€â€? avoiding a steep drop in the stock price when the company announced negative news the next day On Monday, under questioning from Stewart lawyer Robert Morvillo, Faneuil said he did not believe he was doing anything wrong when he passed her the tip about the Waksal sale Lawyers for Stewart and Bacanovic have tried to show the jury Faneuil has only told the government what it wants to hear to evade prosecution himself "I thanked her for the plum pudding she sent home," the secretary said â€â€? then began crying Ann Armstrong, Stewart's secretary for six years, broke down while describing a phone conversation with Stewart on Dec 27, 2001, the day she made her well-timed sale of ImClone Systems stock Prosecutors called Armstrong to testify after the government's star witness â€â€? former Merrill Lynch & Co Faneuil initially supported the defendants' assertion of the $60 arrangement, then changed his version of events in June 2002 and agreed to cooperate with the government Prosecutors, trying to undercut that theory, introduced two message logs that showed Bacanovic sometimes called Stewart to tell her the exact ImClone stock price Morvillo concluded Monday by walking Faneuil through a long list of crimes he admits he committed but for which he does not expect to be charged â€â€? including obstructing justice and using drugs Faneuil has insisted that Bacanovic ordered him to tip Stewart about Waksal The company forbids its employees to give information about one client's account to another client Secretary's Tears Interrupt Stewart Trial Feb 10, 11:01 AM EST In an abrupt collision of Martha Stewart's cooking expertise and her criminal stock-fraud trial, a secretary burst into tears on the witness stand while describing a gift of plum pudding from the homemaking mogul But Armstrong said Bacanovic left no such information on Dec Stewart herself appeared to take a deep breath, blowing her nose on a tissue and taking sips from a bottle of water Armstrong said the two first chatted about the holidays Armstrong tried to continue, but the judge ended the trial 15 minutes early for the day Faneuil also testified Stewart never encouraged him to lie " The government claims Bacanovic was trying to get word to Stewart that ImClone founder Sam Waksal was dumping his shares 27 Faneuil was asked by Morvillo whether he knew he was violating Merrill policy by relaying the tip Arnold Schwarzenegger's first lady Shriver, a "Dateline NBC" reporter, said she will continue to work on specials connected to her children's books for other NBC properties Her latest, on dealing with Alzheimer's disease, is to be published in May "I am proud of the work I have done at NBC News, and I look forward to going back there sometime in the future," Shriver said " But she said that it became clear to her that as first lady, her journalistic integrity would constantly be scrutinized A news producer at NBC should be able to find stories for Shriver that would not represent a conflict, said Angotti, chairman of the broadcast department at Northwestern University's Medill School of Journalism Calif "If I were in a position of authority at NBC News, I would give her every opportunity to stay on," he said " But a former NBC executive said Shriver's marriage should not prevent her from being a reporter There had been published reports last month that NBC News officials were unnerved by accounts that Shriver had played a role in California budget discussions Shapiro did not ask for her resignation, she said "I have no doubt that I could report now and in the future for NBC News with total objectivity, independence and without conflict, as I have for the last 18 years," she said "It would be out of your control," Colon said Shriver arrived at her decision after consulting with NBC News President Neal Shapiro and other journalists, said Shapiro's spokeswoman, Allison Gollust Shriver said she hopes to produce a series of specials on her children's books Shriver took an extended leave from NBC News when Schwarzenegger ran for California governor Shriver's decision allows NBC News to move ahead without having to deal with any questions surrounding the objectivity of reports in which Shriver was involved, said Aly Colon, ethics group leader at the Poynter Institute There are few questions about NBC News' foreign affairs correspondent, Andrea Mitchell, who is married to Federal Reserve Chairman Alan Greenspan, said Joseph Angotti, a former senior vice president at NBC News "After much soul searching, I have asked to be relieved of my duties at NBC News," Shriver said in a statement Shriver has agreed to give NBC the right of first refusal to these specials, with the option to take them to PBS if NBC doesn't want them NBC owns the cable networks MSNBC and CNBC "Even if you were in a position where you could be impartial, you would not be able to control the questions in people's minds When he won, she returned to work, making two appearances as an anchor for "Dateline NBC In fact, in a statement, Shapiro referred to Shriver's status as going "on an extended leave of absence Shriver said that following her husband's election, she was aware she was in uncharted territory for a journalist â€â€? even as she had balanced her job and celebrity status in the past as a member of the Kennedy family " "I speak for all of us at NBC News when I say that we look forward to Maria's eventual return," Shapiro said First Lady Maria Shriver Quits NBC Feb 3, 8:49 PM EST Maria Shriver quit NBC News on Tuesday, saying she could not juggle a journalism job with her duties as California Gov |
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