Word: martha
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Dates: during 2000-2009
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...scandals hitting Wall Street, only ImClone's makes it into the society pages. But Martha Stewart is not the only stockholder of the biotech firm who is coming under suspicion for possible insider trading. Documents obtained by Time show dumping of ImClone stocks by its executives that dwarfed Stewart's $228,000 sale. And their trading preceded Stewart's by weeks, starting just after Food and Drug Administration (FDA) officials met privately with an ImClone vice president last Dec. 4 and informally signaled there could be licensing problems for the company's cancer drug Erbitux. The FDA formally turned down...
...summer not of one scandal but of many-the Roman Catholic Church, and the FBI, and Major League ballplayers on steroids. Comedians joke that Arthur Andersen tries to cover up corruption by rotating accountants from diocese to diocese, that Enron and K Mart will merge so Martha Stewart can design the prison uniforms. In each case it is the mighty who have fallen. The church scandal was as much about complicit Cardinals as about wayward priests; the FBI field agents did their job, but their careerist bosses stuffed all the clues into their desk drawers. As for the CEOs, they...
...Martha Stewart faced fresh doubts about her explanation of why, after buying stock in a drug company run by a close friend, she sold her shares just ahead of bad news about the company's cancer drug. Stewart, recently appointed a director of the New York Stock Exchange, denies wrongdoing, but shares in her Martha Stewart Omnimedia have declined 40% in the past month over fears of damage to her image...
When the WorldCom scandal broke, Martha Stewart must have smiled. Here, surely, was deliverance--a fresh spectacle that would shift the fickle spotlight of the tabloids and TV shows away from insider-trading allegations against the Diva of Domesticity and onto some other supposed villain...
Stewart had no public comment on Faneuil's allegations. But, alarmed by the precipitous decline in the stock of her company, Martha Stewart Living Omnimedia, she unexpectedly turned up at a conference for institutional investors at Chicago's Four Seasons Hotel and talked up the prospects for her magazine, which has been showing strong advertising growth. Many investors are staying on the sidelines until Stewart is clear of the ImClone case...