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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (72481)	12/18/2007 7:24:41 AM
From: Dan3	Read Replies (2) of 116555

Re: The fight began a decade ago, after Jay Cohen, a former options trader from California, moved to Antigua. There, he set up a sports book that accepted online bets from around the globe. U.S. prosecutors said the enterprise was illegal, and Cohen returned to fight the charges. In 2000, a federal jury found him guilty, and he spent 17 months in a Las Vegas prison. Returning to the Caribbean nation, Cohen persuaded the government to bring a WTO complaint against the U.S. The island's booming gambling industry, which at its height in 2001 accounted for more than 10 percent of employment, helped finance the case, which Antigua filed in 2003 I'm so tired of politically connected super rich @ssholes swindling uneducated poor people. This is the financial equivalent of selling crack cocaine. Send in a squad of Navy Seals, grab this two legged turd, and put him back in prison.

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