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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (64911)12/20/2000 7:06:39 PM
From: If only I'd held  Respond to of 122087
 
Capitululation day to 1800 coming soon. Maybe tomorrow. Gonna end the year with a bang...I mean bust. A weak 2001 economy starting to look close to being priced in. Don't expect any huge upside for a while from capiluation day
myself. Who's gonna buy anything now?



To: Anthony@Pacific who wrote (64911)12/20/2000 7:48:40 PM
From: Fast Eddie  Read Replies (1) | Respond to of 122087
 
Raging Bull$hit for sale public.wsj.com
Fast Eddie



To: Anthony@Pacific who wrote (64911)12/20/2000 8:45:22 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
Ex-Stock Promoter Brennan Faces More Money Laundering Charges


Newark, New Jersey, Dec. 20 (Bloomberg) -- Former stock promoter Robert E. Brennan, who already faced bankruptcy fraud and money laundering charges, was indicted today on two new counts of laundering money held in offshore accounts.

The new indictment charges that Brennan, the ex-owner of First Jersey Securities Inc., laundered $100,000 from an Isle of Man trust to a private jet charter company in Allentown, Pennsylvania.

The other new money laundering count alleges Brennan had $50,124 withdrawn from his Isle of Man trust and delivered to him by hand in a London hotel. Brennan already faced 11 other counts, including trying to hide $3.8 million worth of municipal bearer bonds from creditors.

``This is not an unexpected Christmas gift,'' said Brennan's attorney Michael Critchley. ``Eventually, the government has to start standing still and stop the constant permutation of these charges.''

Brennan, who was indicted two other times by federal grand juries, had been facing a Jan. 3 trial date in federal court in Trenton, New Jersey. But the new indictment could delay the trial of Brennan, who has clashed with securities regulators for two decades.

In August, state and federal prosecutors in New Jersey charged Brennan with trying to conceal more than $505,000 in Las Vegas casino gambling chips from his creditors in U.S. Bankruptcy Court.

The indictment returned today alleges that he actually concealed $525,594 in chips on Sept. 4, 1995.

Brennan, who has homes in Colts Neck, New Jersey, and Juno Beach, Florida, filed for bankruptcy protection in August 1995, three weeks after the Securities and Exchange Commission won a $74 million judgment against him.

The SEC persuaded a federal judge in 1995 that Brennan had duped small investors in a notorious penny stock scam during the early and mid-1980s.

Prosecutors also allege that he gave 759 municipal bearer bonds valued at $3.8 million to an Isle of Man trust fund administrator in June 1995 to conceal them from his creditors. Prosecutors say that Brennan failed to mention the bonds in his bankruptcy petition.

Brennan was once chairman of International Thoroughbred Breeders, which owned and operated race tracks throughout New Jersey. He also maintained a lavish lifestyle after his bankruptcy filing, traveling to such locales as Paris, Cannes, Istanbul, Tahiti, and Singapore, prosecutors allege.

Dec/20/2000 18:20 ET

For more stories from Bloomberg News, click here.

(C) Copyright 2000 Bloomberg L.P.