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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf( I1 f* B+ x* B4 n" y+ T6 M
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
0 y; L1 t& H: \& K5 s! j5 CWednesday March 19, 2003 By CHAD KULTGEN4 R4 ]$ M7 k2 L& N; @
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading1 z* v2 b) A( p; {0 \
charges — and incredibly, he claims to be a time-traveler from the year 2256!
. p* X- s. W6 f: z( z+ ySources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
2 y& l) _& k; |. obizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January* U) }0 }- V- n) ]
28. l- w0 k: c0 h- A; f
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider./ ?1 W) ^, x( z) o" J: {( |
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
4 v! w1 ?* C, l: ~4 A2 a* ~; @$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be! j5 d) c9 o3 B, e \6 e: `( w
pure luck.4 @1 n7 h& i9 O; \5 K
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
t, t/ c$ V; D! r6 ?1 S0 B* \5 _. NIsland until he agrees to give up his sources.”3 ]0 m5 c4 S; ]& M: f" L5 G
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin& t3 R& y0 K+ W
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall u+ v6 Z, W0 |
Street watchdogs.
+ Y2 D8 S4 i/ d1 s”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
+ ?! f' w% x9 N; ?' mMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing. \5 u' p. @+ I( l A! s/ Z0 ~9 k5 h
investigation.
( I) E+ k- @ c2 C ^" xWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling: H$ R% f) G) L7 M1 C
four-hour confession.
- C$ i% x P3 L5 B4 U2 _Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common
5 k4 q2 h/ v4 X: {. o2 X+ tknowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with/ U, E8 ~% b) t, f: o' z
knowledge of the handful of stocks destined to go through the roof could make a fortune.' W' c" M; h* r7 n
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
/ m% @* [1 ^) K R& {% ]9 D+ `make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught' Y# Q, |* W: q4 D- L
in the moment.”3 m' W9 a ?/ v$ v2 T, C' }2 Z s! h
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
$ B3 p9 U" [+ k; e! pOsama Bin Laden and a cure for AIDS.
$ L# t/ J4 A8 I Q& k, oAll he wants is to be allowed to return to the future in his “time craft.”2 N6 h/ y9 F# s$ k; w& G5 n$ W! }
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear- X" Y# O. q1 L2 i/ V7 ~4 F) m1 v
the technology could “fall into the wrong hands.” |
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