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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf0 l3 F4 \/ F! i5 b
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING4 _( B0 I6 d" f6 {
Wednesday March 19, 2003 By CHAD KULTGEN
4 j0 p7 f! u( ONEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading: ^6 U# d; ?# w n2 i- L
charges — and incredibly, he claims to be a time-traveler from the year 2256!+ o- w, v/ @( V5 x
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the. e) C4 {1 x1 X$ ^8 M1 ^5 o8 n
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January3 o0 T7 F: D: Y: e
28.
5 P2 Z% W- J1 a; a”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
4 v+ _! b+ @: T* H- o! c) v; f”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
+ p& f( q2 g+ I; T$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be9 S6 h: ?+ l; F# P: p9 B# Q
pure luck.
( w1 k, A# I0 ?: ]$ D) Y$ W”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers: J1 A, a+ _3 o7 l# a) d8 M
Island until he agrees to give up his sources.”0 w+ E" k% J ]+ x4 p" M7 U7 }; X* o
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
) X8 m; @5 G) i7 Q- }7 qmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
% q5 G1 A% ^# S+ g% bStreet watchdogs., l5 i t- N/ m5 h* w5 D
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
" J0 B( U4 R/ I# x/ RMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
& e# c0 Y: t4 z& {investigation.
+ a3 C n8 z4 k6 ^7 SWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
; j& ^( L0 F" ^5 f! s) l% s" lfour-hour confession.
. V E. G# p+ q# v& {* s, Q* kCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common- H3 \) Q* b Q Q \' u
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
# s: u' @- L8 d+ C7 pknowledge of the handful of stocks destined to go through the roof could make a fortune.
7 {3 l: S" p, O1 S+ G2 J”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to9 ]3 [/ R Y1 L
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught" b9 Q$ I0 u1 {% g. C7 B: T4 N+ y/ _
in the moment.” c7 ^; \- Q: D! p1 m
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
1 T3 p, f& C0 W# P; xOsama Bin Laden and a cure for AIDS.5 }0 L5 V0 Y9 r
All he wants is to be allowed to return to the future in his “time craft.”4 T1 K: E, L& S9 D0 S
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear# i5 c5 V1 u! X+ _/ N* s
the technology could “fall into the wrong hands.” |
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