Securities and Exchange Commission

Wascally Waksal

Though not strictly a science story, the Wall Street Journal has a devastating profile this morning of Sam Waksal, founder of ImClone. It's a warning not only for directors of technology-based companies, but for investors and the media, who can be charmed by one person with a winning personality and a compelling story (in this case a promising cancer-fighting molecule). Terrific digging by reporter Geeta Anand reveals a string of research jobs from which Waksal was ousted for misleading and sometimes falsified results. Do yourself a favor and read this one through to the end. Suddenly Martha Stewart's alleged insider trading of ImClone stock seems like the least of anyone's worries about Waksal.