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The cover story that Martha Stewart and her stock broker Peter Bacanovic told about the reason she sold ImClone Systems Inc. stock in 2001 collapses when abundant evidence and a little common sense are applied, a federal prosecutor told the jury at the close of their obstruction trial Monday. Assistant U.S. Attorney Michael Schachter said there was one reason enough to convict Stewart and Bacanovic: the testimony of key witness Douglas Faneuil.
March 02, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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