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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf# o4 l. j* p0 E' A. E
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
! C# D) x% Q7 x6 P( | S u. a- jWednesday March 19, 2003 By CHAD KULTGEN
) e y, L4 M. A6 L) wNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
2 ^- C. ?' f) I0 fcharges — and incredibly, he claims to be a time-traveler from the year 2256!1 ]" I9 m% N$ L! P4 \
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the9 _1 r0 L5 e1 R
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January2 _7 J$ J/ V+ M0 H8 V
28.# P' V8 R+ C3 ]- q: ]
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.9 p2 B2 m( q2 m: d( T: |$ G
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
5 R8 j- U0 e. J% I: Y$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be: G# ^9 V, K% v& m1 }6 t( j
pure luck.
5 U4 b: A$ h: E- T”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
; c4 {2 h2 @/ ] F( qIsland until he agrees to give up his sources.”3 S6 M( ^5 k4 j3 G! g6 B% p
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
3 ?1 x/ ^6 L U. wmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall J: Z3 g4 i. P
Street watchdogs.
% J; f+ N2 k, N3 _”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
) q9 N1 N- J4 q# P) l! K/ @6 ]Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing% K1 y8 J0 W4 [' Y; _2 f% y! m
investigation.
7 p6 [7 |! V d8 o0 u- ^+ v+ Q. r9 ]When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
( g& y2 {0 ~% h5 f1 y) `! d. Yfour-hour confession.
3 U: g/ X: k+ r, x" w$ |6 gCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common( o7 b3 h- T0 W& e& c6 p* B
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with4 r8 [( Y y, o
knowledge of the handful of stocks destined to go through the roof could make a fortune.5 l8 i* _5 H$ G
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to3 |; n$ G( l) P; r& N( u
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
f# n' G) N+ }, c% I6 Yin the moment.”
/ Z* t) v2 R& mIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of" E0 X0 s9 U8 ]2 l
Osama Bin Laden and a cure for AIDS.
) N+ Z( O" U1 _ gAll he wants is to be allowed to return to the future in his “time craft.”
7 u5 d4 W/ e# q' ?% q7 qHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear. C$ {+ F2 S7 r& N1 |
the technology could “fall into the wrong hands.” |
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