Sam's Club

ImClone's Waksal is accused of trying to dump company stock ahead of bad news. He couldn't, but his friend Martha Stewart unloaded hers. Did she do a bad thing?

What did Martha Stewart know? And when did she know it? These are hardly the most pressing questions to emerge from the collapse of yet another stock and the disgrace of one more CEO, this time at the once high-flying biotech firm ImClone. But after the scandals and meltdowns at Enron and Tyco and the self-serving stock recommendations at Merrill Lynch, the shamed corporate hero has become positively pedestrian. It takes a celebrity touch to hold our interest, and with ImClone we're getting the full weight of high society.

At the center of the latest greedfest is Sam Waksal, an immunologist...

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