Anthony @ Equity Investigations, Dear Anthony, Message Board

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

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To: tool dude who wrote (88927)	12/21/2004 9:33:09 PM
From: Pluvia	Read Replies (1) of 122087

ok... i thought i'd already seen the stooopidist defense ever... then this... they put on a defense - for their own defense... AND THEY LOST? ARE YOU EFF'N KIDDING ME? news.morningstar.com "Tuesday afternoon, Elgindy called Yuri Zelinsky, another SEC lawyer, in an attempt to try to impeach part of the testimony of John Sten, a former SEC lawyer. Sten was called by Elgindy's defense last week to testify about how Elgindy provided valuable information to the SEC during an investigation in 1996 and 1997. But on cross-examination, Sten said that Elgindy testified for the SEC as an accomplice in the scheme and that his testimony involved details of his participation in the illegal short-selling scheme that took place at the time. Zelinsky told jurors Tuesday that Elgindy was one of several market makers who agreed to fix the price of a security so that a third party could benefit, backing Sten's testimony that Elgindy was part of a scheme to defraud."

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