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American Morning
Martha Stewart Case
Aired February 06, 2004 - 08:42 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
HEIDI COLLINS, CNN ANCHOR: Defense attorneys are trying to prove that Douglas Faneuil holds a grudge against Martha Stewart. Court is in recess today, but Faneuil, the prosecution's star witness in the Stewart case, will be back in the hot seat Monday.
For more of the cross-examination, Debra Feyerick takes a look now at yesterday's testimony.
(BEGIN VIDEOTAPE)
DEBORAH FEYERICK, CNN CORRESPONDENT (voice-over): As a broker's assistant at Merrill Lynch, Doug Faneuil spoke to Martha Stewart only a handful of times, but those conversations, recounted by Faneuil in e-mails, portray Stewart as demanding and rude. Stewart allegedly cursing Faneuil on one occasion, slamming the phone down on another.
Faneuil e-mails the friend, who helped get him the Merrill Lynch job, telling him: "Martha yelled at me again today, but I snapped in her face and she actually backed down. Baby put Ms. Martha in her place."
Another call, another e-mail, Stewart allegedly saying, "Do you know who the hell is answering your phones?" Faneuil writing: "And then she made the most ridiculous sound I've heard coming from an adult in quite some time, kind of like a lion roaring under water."
Faneuil says Stewart even threatened to leave Merrill Lynch and her broker, Peter Bacanovic, if they didn't change the music played when people were on hold.
The e-mails were introduced when Faneuil was cross-examined by Bacanovic's lawyer. Faneuil admitted Bacanovic never told him to lie to federal investigators about Stewart's ImClone sale. Faneuil testifying he felt an unspoken pressure to lie, or he'd lose his job.
(on camera): Bacanovic's defense lawyers suggested that Faneuil was cooperating with the government because he had grown to dislike Martha Stewart. Faneuil rejected that idea, saying he never felt he was cooperating against anyone. He was there, he said, to tell the truth.
Deborah Feyerick, CNN, New York.
(END VIDEOTAPE)
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Aired February 6, 2004 - 08:42 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
HEIDI COLLINS, CNN ANCHOR: Defense attorneys are trying to prove that Douglas Faneuil holds a grudge against Martha Stewart. Court is in recess today, but Faneuil, the prosecution's star witness in the Stewart case, will be back in the hot seat Monday.
For more of the cross-examination, Debra Feyerick takes a look now at yesterday's testimony.
(BEGIN VIDEOTAPE)
DEBORAH FEYERICK, CNN CORRESPONDENT (voice-over): As a broker's assistant at Merrill Lynch, Doug Faneuil spoke to Martha Stewart only a handful of times, but those conversations, recounted by Faneuil in e-mails, portray Stewart as demanding and rude. Stewart allegedly cursing Faneuil on one occasion, slamming the phone down on another.
Faneuil e-mails the friend, who helped get him the Merrill Lynch job, telling him: "Martha yelled at me again today, but I snapped in her face and she actually backed down. Baby put Ms. Martha in her place."
Another call, another e-mail, Stewart allegedly saying, "Do you know who the hell is answering your phones?" Faneuil writing: "And then she made the most ridiculous sound I've heard coming from an adult in quite some time, kind of like a lion roaring under water."
Faneuil says Stewart even threatened to leave Merrill Lynch and her broker, Peter Bacanovic, if they didn't change the music played when people were on hold.
The e-mails were introduced when Faneuil was cross-examined by Bacanovic's lawyer. Faneuil admitted Bacanovic never told him to lie to federal investigators about Stewart's ImClone sale. Faneuil testifying he felt an unspoken pressure to lie, or he'd lose his job.
(on camera): Bacanovic's defense lawyers suggested that Faneuil was cooperating with the government because he had grown to dislike Martha Stewart. Faneuil rejected that idea, saying he never felt he was cooperating against anyone. He was there, he said, to tell the truth.
Deborah Feyerick, CNN, New York.
(END VIDEOTAPE)
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
