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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf8 f' l0 M% }3 i. n) t" \9 ]8 V
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING% h/ Y2 l) D( x( o/ X3 q! m l
Wednesday March 19, 2003 By CHAD KULTGEN
$ Q9 L& r \' s7 `NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
: g9 H& V4 p, @: h, _charges — and incredibly, he claims to be a time-traveler from the year 2256!! d) H7 ^6 D; }9 \
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
4 @1 D" @3 [) m7 N) Sbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January4 |* | H/ M1 l9 I9 a
28.
) u0 }+ `% ?5 _* g" s$ `”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
, w6 u! X/ {; |2 M' [1 {8 t3 U”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
$ b; r% b% l; c0 N$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
6 v6 ]0 p( X- {6 ^3 b/ V6 |8 zpure luck.- C" r4 ?* T0 T/ I, ?! e' h; f
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers" K- q9 K( B6 _) P1 B" S4 k
Island until he agrees to give up his sources.”
1 j% }' R& L% b- {0 wThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
# C2 H2 W: C+ _/ nmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
% A- e# K: }8 s7 |3 g3 O: T: YStreet watchdogs.! z. O. r# v" A7 k) I& a& x
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
: b. v' F" O( P2 I' a. n$ t4 PMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing0 e$ O5 o! t$ q( ]3 ~2 r* [4 p3 e
investigation.: f' r& V( _ ?5 N
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling k% o$ }6 s4 O- i
four-hour confession.
7 I8 r; b2 j2 m3 C6 ^& f" jCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common, x# D% p7 h, R: E( I
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with0 V! V2 Q2 D% {5 v9 | r4 n
knowledge of the handful of stocks destined to go through the roof could make a fortune.
f$ Y9 `. W+ B9 Z”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to. V( \: J, u. y2 k/ V( k* ]
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught2 D3 O. N* o: l7 N$ t% F6 h9 J& P
in the moment.”
7 _: ^9 i! l" H% m( n( m7 pIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of( w; N' u: V& `# i% x
Osama Bin Laden and a cure for AIDS.
5 s0 x! a& t/ K* B7 h# WAll he wants is to be allowed to return to the future in his “time craft.”2 l, T! O0 G/ x" ?/ o
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear3 X0 m8 S$ M8 {$ z# Y* ~! L
the technology could “fall into the wrong hands.” |
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