Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: peter michaelson who wrote (77609)	6/10/2002 1:41:35 AM
From: Edscharp	Read Replies (1) of 122088

Peter, "My question is why all the fuss about him when we see a veritable tsunami of securities crime on a daily basis all over the market with nary a prosecutor in sight?" On the one hand, I find I agree with you remark to the extent that all laws should be applied fairly to all individuals. If there are indeed other short-traders who are extorting money from corporations or obtaining illegal sources of information then they ought to be given the exact same treatment as Elgindy. On the other hand, your post seems to suggest that what Elgindy did should be ignored because others do it too. Why all the fuss? Because he drew attention to himself by being abrasive, insulting and completely transparent with his heavy handed tactics. He step over the line. Or, at least, he is alleged to have done so. He can afford some pretty good lawyers. He will get justice regardless of his heritage. Indeed, maybe even more than justice. OJ Simpson comes to mind.

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