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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf" {0 W/ h8 m x+ ]7 E3 f( M9 b4 v
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
' @6 G! l, p8 Z6 m) b4 `Wednesday March 19, 2003 By CHAD KULTGEN Y) H+ ]! m0 Z# z# r
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
: Q: R& B1 k, Scharges — and incredibly, he claims to be a time-traveler from the year 2256!7 Y1 ]! c: q6 y2 p" b
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the" o1 _3 e" m3 ? x% a
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
& s9 w* h+ w) W; y' W/ [28.! f5 V' D' I' d1 I$ Y3 m
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider. N# G1 G% ~; @# G% o
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over: K8 q: a3 i6 @
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be, ?+ c/ g2 h* T T
pure luck./ n0 I1 _$ R( p! I2 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 B& R5 J: i* F7 P d
Island until he agrees to give up his sources.”8 L5 K& N' J/ s, H$ t3 E. N& P0 [
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin3 e; D# |7 n. Z) d* P, _# K, I8 X
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
1 u, h% C* g& V/ r) O0 VStreet watchdogs.8 X# w/ @ |. j/ X2 }* F, w
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
& J3 } Y( n+ k" }, ?Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
! d: S! q- J% X3 Y, G. k; hinvestigation.
5 J! V$ B/ P9 R; J' S; fWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
% N/ i2 q8 ?! z: Z6 d rfour-hour confession.
7 \/ ?' J& F( A; j; ^, uCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common1 W. A! }: n1 N
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
P1 R( U* r% xknowledge of the handful of stocks destined to go through the roof could make a fortune.4 C5 d. }5 V8 q+ ?- |3 D
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to# G( A t3 }7 n$ `
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
. o2 s [1 ?( I" Jin the moment.”6 c2 I' w7 G% `" \9 H9 u* I: H" n
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
2 y( x4 Z# p8 I" |( F' uOsama Bin Laden and a cure for AIDS.* A( b; c5 c. m, k) Q% ]7 s
All he wants is to be allowed to return to the future in his “time craft.”8 m; c* I5 g+ r
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
( L9 I9 F9 {- A" i5 A, L' kthe technology could “fall into the wrong hands.” |
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