>>>and that this person is languishing in jail, and may do so for decades because we all assume the worst.<<<
First, let me point out he won't be languishing in jail for decades because "we all assume the worst." Were that to happen it would have little to do with us but more to do with him.
I don't know him and have probably only directly crossed about a half a dozen posts with him since I joined SI in early '98. But I've witnessed the havoc he's wrecked on not just scammy corps but also innocent folk, as he invoked tactics of 'just about anything goes' in order just not to gain his short position but perhaps also those of his followers.
I agree with those who believe the government is perfectly capable of stacking the deck, as it's done to so many via a completely unwinnable drug war. And, today, it's easy to be against terrorists as it's become, like the drug war, another free-ride issue for politicians.
But like those politicians I think Anthony Elgindy got sort of a 'free-ride' issue too: his shorting tactics. Let's not lose sight just 'cause someone is making lots of money and may be helping a select few also make money, this doesn't necessitate that they've got the moral high ground. Indeed, life is not such that whoever's got the most money when they die wins.
Given the nature of the charges and the weight to what's been alleged, it's the government's burden of proving his guilt. He doesn't have to prove his innocence.
Me? I'm on the sidelines, observing. I keep an open mind as to whether there's truth behind the allegations, including the 9/11 aspect of the case. From the news reports and the statements of the prosecutors I admit it all looks extremely bad. However, when I went back and reviewed Elgindy's dialogue on the the day of 9/11 I didn't get any sense that he had 9/11 foreknowledge.
I admit, however, that I'm struck by the irony that this individual who so often stacked the deck against others, himself now finds the deck being stacked against him. I guess this is the reason why I've been following and participating in the discussion. But I also watched the whole OJ trial--LOL!
Which poses an interesting question: How many who today are backing Anthony's presumption of innocence then backed OJ's presumption of innocence?
Regarding the folks who've arrived on this and other Anthony-related threads, sporting a sense of glee, perfectly delighted in a belief Elgindy is now getting the taste of his own medicine?
I think to these folks, Anthony, Truthseeker and other short parade organizers traditionally used tactics akin to taking hostages. Suddenly, out of nowhere, with no warning, a short horde strikes like gangbusters with an organized reign of confusion and distortion, heaping insult, all manner of truth, credibility and care cast aside. But at least in a hostage situation women, children and elderly usually get released. But not when you're innocently holding a stock this gang gets ahold of--no wonder there becomes so many angry people! Yes, some of 'em may have been pumpers; but I bet many weren't.
So, Peter, support your friend and wish him well. You know him and have the very best kind of vantage point. However, don't be so hard on those who've in the past been hurt by his actions. As much as Anthony now has feelings while languishing in jail, many of the folks who suffered from his shorting attacks also had feelings while langushing in the stocks he so vociferously, and perhaps if the trading allegations have merit, unfairly, campaigned against.
Good luck to all whatever your respective viewpoint. My hope is the focus from all of this will help inspire a fair up and a fair down; a fair in and a fair out; a sense of consciousness and, more than anything, it ain't just money that we're dealing with.
Sorry for the late night ramble: the buzz made me do it--lol |
