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

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To: aristox who wrote (92715)10/8/2005 2:19:35 PM
From: BostonRAW  Read Replies (1) of 122087
 
Wow. Knowing access to restricted FBI information existed for AE, does this not suggest they also knew?


Elgindy telephoned his broker on Sept. 10, asked him to liquidate his children's $300,000 trust account, Assistant U.S. Attorney Ken Breen said. The defendant also made a comment that the Dow Jones industrial average, then trading at about 9,600, would drop to 3,000, Breen said.

``Perhaps Mr. Elgindy had pre-knowledge of the Sept. 11 attacks,'' he said. ``Instead of trying to report it, he tried to profit from it.''

Breen said that Elgindy had $2 million invested in positions that would have benefited from a market collapse.
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