<<Just like the "do drugs and you are a terrorist" nonsense. (Hey - just legalize it and get rid of the profit.)
Banning of gold now? >>
Don't think so, while there is still a strong anti-gold voice leftover inside the US Government, I don't see it as the "official party line" communication. Do you think the government is fighting against credit cards or the stock market?
Other news also comes out:
Times Online
May 24, 2002
Credit card trail reveals hijackers' devices
From Nicholas Wapshott in New York
CREDIT card records of the suicide hijacker Muhammad Atta show that he was in Manhattan the day before he crashed an aircraft into the World Trade Centre.
The FBI believes that Atta, the leader of the 19 hijackers, was in New York to check the co-ordinates of the twin towers, which he then fed into a handheld electronic navigation device. It was used so that the hijackers did not have to rely on the complex navigation systems on board the hijacked jets, which they probably could not understand.
Widely available Global Positioning System (GPS) devices use satellite signals to allow drivers to pinpoint places easily and follow suggested routes. Reliance on these devices explains the unusual flight paths taken by the aircraft.
Through the records of 27 credit cards, the FBI has learnt that the four GPS devices probably used were bought from Sporty’s Pilot Shop in Ohio. Atta also bought a number of flight simulator video games at the shop.
(cont)
timesonline.co.uk
Financial Analyst May Have Known About Sept. 11 Attacks
Friday, May 24, 2002
SAN DIEGO — An Egyptian-born financial analyst charged in a nationwide stock swindle may have known about the Sept. 11 terrorist attacks and tried to profit from them, a federal prosecutor said Friday.
Amr I. "Tony" Elgindy telephoned his broker on Sept. 10 and asked him to liquidate his children's $300,000 trust account, Assistant U.S. Attorney Ken Breen told a federal judge at Elgindy's detention hearing.
"He made a comment predicting the market would drop to 3,000" at a time when the Dow Jones stock index was at 9,600, Breen said. "Perhaps Mr. Elgindy had pre-knowledge of the Sept. 11 attacks. Instead of trying to report it, he tried to profit from it."
Elgindy, 34, of Encinitas, was ordered held without bond on charges of racketeering, extortion and obstruction of justice. Before issuing the order, Magistrate Judge John Houston said he was going to "disregard" the suggestion that Elgindy had anything to do with the terror attacks.
Elgindy, wearing a tan jumpsuit, did not speak during the hourlong hearing.
His attorney, Jeanne Knight, said Elgindy did call his broker to make a trade, but the timing was coincidental and the market had been dropping for months.
"It seems like the government, for lack of factual evidence, has decided to smear my client with terrorist innuendoes," Knight said. "This is smacking of racial profiling."
Breen made his accusations as prosecutors tried to convince Houston that Elgindy was a flight risk and should be denied bail.
Elgindy, one of five defendants in the case, was arrested May 22 on an indictment issued by a grand jury in Brooklyn, N.Y.
In exchange for money, two FBI agents used confidential databases to provide Elgindy and other coconspirators with information on publicly traded companies, the indictment said.
Elgindy allegedly spread negative information on the companies on his Web site and to subscribers of his e-mail newsletter, InsideTruth.com, while betting that the companies' stock would go down.
In one case, a former FBI agent searched the agency's confidential National Crime Information Center database and discovered the criminal history of a top executive for a company called Nuclear Solutions, the indictment said. The same day, Elgindy began sending e-mails calling the executive "a convicted felon," then sold the company's stock short, the papers added.
Earlier this week, FBI agents raided Elgindy's $2.2 million mansion. Inside, agents said they found tens of thousands of dollars in cash and gold coins. The government is seeking to seize his fleet of cars, which include a Rolls Royce, a Jaguar and a Humvee.
If convicted of all counts, Elgindy faces a maximum 65 years in prison.
foxnews.com |
