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Monday, June 16, 2003

Distracted!

Click to Send Postcard Martha:
Peter, Peter, what did you think?
The pillows match, but not the ink!
Dear Sam locked up for seven years
Could bring me to the brink of tears!
A stale diet of bread and water
To think I shared him with my daughter!

Scott and Laci make me mad
They steal my spotlight, that’s too bad
So what, the press annihilates me
My face still warrants currency
Tough shit, I’m not Ms. CEO
Try find a replacement for my show!

Scott:
Martha babe, I cannot lie
You’re not as sweet as Amber Frey
Laci, Connor, damn, they’re both dead
But death’s no worse than Gloria Allred

The slammer is a living hell
The bleached, blonde buzz did not sit well
The fan mail, all day, bad TV
Laci lives, inside here, she’s me.

Karl:
Let them fight Sir, let them feast
As we stage trees in the Middle East
Or delay war-weary sailors in the name of the flag
By air-dropping you donning cool air force drag

9/11 commemorations are just what we need,
For our national convention and media feed.
Ground Zero Republicans, red white and blue
World Trade Center ashes to scatter on you.

The religious will love you, Laci Peterson’s boy
Not just a dead fetus, a political toy
The workers will thank you for Martha’s in trouble
And blame deficit madness on the burst dot com bubble
Distracted, deluded, the American way
Four more years as we lead the world further astray
Distractions, deceptions, we’ll channel their thoughts
And as God is our savior, we’ll stack all the courts.

NOISE

On June 4, 2003, the Securities and Exchange Commission filed charges against Martha Stewart, Chairman and CEO of Martha Stewart Living Omnimedia, Inc., and Peter Bacanovic, a former registered representative associated with Merrill Lynch, Pierce, Fenner, and Smith Incorporated, for illegal insider trading. The Commission's Complaint, filed in the United States District Court for the Southern District of New York, alleges that Stewart sold stock in a biopharmaceutical company, ImClone Systems, Inc., on December 27, 2001, after learning material, nonpublic information communicated from Bacanovic, who was Stewart's stockbroker at the time. Bacanovic's tip was that then-ImClone CEO Samuel Waksal and his daughter had instructed Merrill Lynch to sell all of their ImClone stock held at Merrill Lynch. At the time, according to the Complaint, ImClone and the market were awaiting an imminent decision from the U.S. Food and Drug Administration on one of ImClone's key products, a cancer treatment called "Erbitux."
Litigation Release No. 18169 /Securities and Exchange Commission v. Martha Stewart and Peter Bacanovic, Washington, D.C., 03-CIV-4070 (NRB)(S.D.N.Y.), June 4 2003

After the investigation into Stewart's ImClone trade commenced, Stewart tampered with and altered an important piece of evidence. On or about January 30, 2002, Stewart, after completing a phone call with her attorney just days before she was scheduled to meet with the USAO, FBI and Commission staff, altered the electronic text of the message left for her by Bacanovic on the morning of December 27, 2001. Stewart changed the message from its original text that "Peter Bacanovic thinks ImClone is going to start trading downward," to "Peter Bacanovic re: ImClone." Shortly after she altered the message, Stewart instructed her assistant to return the message to its original form.
Securities and Exchange Commission Complaint against defendants Martha Stewart and Peter Bacanovic, New York, New York, June 4, 2003

 
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