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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf9 z1 I. {/ }" p' | y
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
$ d: r5 r+ ~& S! B0 i" R1 hWednesday March 19, 2003 By CHAD KULTGEN* P* t% P2 Q/ Y1 P
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
, w' ]% y8 w1 C$ Gcharges — and incredibly, he claims to be a time-traveler from the year 2256!/ {6 W1 T0 J/ V X' M
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
! `- l2 }1 S, K6 O" X, G% dbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
: S. t0 X& t2 o1 B% f( H+ C. H2 H28.
. F2 D' n+ h5 X3 ]”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.4 C5 x, d- B2 ^% O2 h
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over+ O* ` h: R i! K) a% w# _
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
! T; s. D, n J4 P& ?0 C- O3 b8 jpure luck.
3 t ` E/ c+ U; W, p7 ^ a* I0 I”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
+ z' A' J' E4 b* Q2 i" ]6 sIsland until he agrees to give up his sources.”
) c# D5 b8 Z3 eThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin2 u6 d9 Q* q# R" u. l* S' E! G2 K
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
! I0 n7 L2 F* t! m f; \+ ^. z3 \Street watchdogs.
! U1 E' z0 ]2 P V2 b( W”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,8 R* ]; v" _% ?" l, j% A% C2 Z+ s6 r
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing c# H5 f: z4 V- z
investigation.
7 d& B0 k" F2 {, v1 R0 A' Q0 ?When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling$ r7 O% q. Q7 y; i
four-hour confession.
2 _/ n( k5 }! Q, _: O7 @Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common
8 M, b2 q2 o5 Q' f9 Z9 p8 Fknowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with ?' c/ r+ `! O
knowledge of the handful of stocks destined to go through the roof could make a fortune.
3 B1 y! A" V' F" A. K( B”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
4 X7 t" \/ r( O) g7 i1 G/ C9 Tmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught# K( y9 Q5 k5 E) ?6 v8 `8 c; x
in the moment.”
# f" d/ i( d T' gIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
+ ?( i4 d' V5 k; Q# c H0 DOsama Bin Laden and a cure for AIDS.
7 P1 R6 @* p8 n" e- G: GAll he wants is to be allowed to return to the future in his “time craft.”% N+ F9 O5 x9 Y( e
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear. N% h. X1 T( [" ?! Q
the technology could “fall into the wrong hands.” |
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