Word: faneuil
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Dates: during 2000-2009
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...Faneuil, 28, was preparing to take the stand on day two of the trial and was expected to tell this version of the events to the jury, when Bacanovic's lawyer, Richard Strassberg, stunned the courtroom by calling for a mistrial. Strassberg said that at 10:15 the previous night the prosecution had belatedly faxed him a copy of an interview the FBI had conducted with Faneuil's former lawyer, Jeremiah Gutman, 80, which hinted at a different version of events. Gutman said he couldn't remember whom Faneuil had identified--Bacanovic or Waksal--as the one who had instructed...
...finally had her first days in court. Sporting clean-line pantsuits and clutching a Hermes Birkin handbag (starting price: $6,000), she looked--for once--perfectly out of place in an otherwise musty courtroom in downtown Manhattan. And when the judge unexpectedly delayed for a week testimony from Douglas Faneuil, a key government witness, Stewart left the courthouse with a smile on her face...
...complex case hinges on the testimony of Faneuil. As an assistant at Merrill Lynch, he was covering for his boss Peter Bacanovic, Stewart's stockbroker, on the day the controversial shares were sold. Bacanovic, also a defendant at the trial, was on vacation in Florida when Faneuil called to say that ImClone CEO Sam Waksal intended to dump his shares--which seemed to suggest the share price was set to fall. Prosecutors say Bacanovic told Faneuil to alert Stewart. The defendants have repeatedly denied that this exchange took place, which could be construed as leading to insider trading...
...prosecution for withholding the Gutman document when it should have showed it to the defense several months ago, as required by law. The crucial issue going forward, says Robert Mintz, an attorney with McCarter & English who specializes in white-collar crime, is whose memory appears to be at fault--Faneuil's or Gutman's. "If Faneuil craters on the stand, this could be the end of the government's case," he says. For Stewart, smile or no smile, the agonizing wait goes on. --By Simon Crittle
...estimated that 1.5 million fans witnessed the Patriots procession yesterday afternoon. While many huddled together at street level, the most innovative climbed on top of mailboxes, into nearby trees and on rooftops to get a better view. One man straddled the statue of Samuel Adams in front of historic Faneuil Hall at Quincy Market, wrapping his legs around the bronze head of the famed revolutionary figure, to the cheers of the crowd below...