Samuel Waksal former CEO of ImClone pleads guilty

WAX2002101599 - WASHINGTON, Oct. 15 (UPI) - In this file photo Samuel Waksal, former President and CEO of ImClone Systems, speaks to the media after pleading innocent in Manhattan Federal Court on Aug. 12, 2002, to Federal charges of insider trading. On Oct. 15, 2002, Waksal reversed his plea to guilty of bank fraud and conspiracy in insider. He could receive up to 65 years in prison and millions of dollars in fines. rlw/ep/Ezio Petersen/FILE UPI