Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (10583)	10/23/2002 11:28:59 AM
From: RobbRacer	Read Replies (1) \| Respond to of 19428

Are there any sheep left? and if so please tell me where cause id like to short some stock to them tia Robb

To: Sir Auric Goldfinger who wrote (10583)	10/23/2002 7:53:29 PM
From: afrayem onigwecher	Read Replies (1) \| Respond to of 19428

GeneMax Corp. Announces Update on Naked Short Selling Evidence biz.yahoo.com

To: Sir Auric Goldfinger who wrote (10583)	10/23/2002 10:34:32 PM
From: mmmary	Respond to of 19428

Porn Star Gets Prison for Insider Stock Scheme By Gail Appleson NEW YORK (Reuters) - The porn-star mistress of a former investment bank chairman was sentenced on Wednesday to three months in prison for trading on inside stock tips he gave her and sharing the information with another lover. Calling herself a "tough chick" and an "adventuresome Aries" Kathryn Gannon, 33, told reporters that while she was surprised she got prison time, the sentence would only help promote a movie being made about her life. "There's no fear here. I'm from Canada and I can handle it," said the blond Gannon, sporting a five-strand pearl necklace and a rhinestone-encrusted cream pantsuit. Smiling for television cameras and hugging a companion she said would be her next husband, she dashed into a black limousine parked outside the Manhattan federal courthouse." "I gotta go. I have a cocktail waiting for me." Gannon, who is known in the adult film industry as Marylin Starr, had pleaded guilty in June to two conspiracy counts relating to the illegal use of inside information she got from James McDermott Jr., former head of Keefe, Bruyette & Woods. Prosecutors said she earned about $80,000 in illegal profits from the trades. Gannon remains free on a $300,000 personal recognizance bond secured by $5,000 in cash, which had been posted previously. Gannon, who has given up her passport, cannot travel outside New York State and must surrender to federal authorities in Manhattan on Dec. 2. No decision has been made yet as to where she will serve her term. After the hearing, Gannon said she had spent $500,000 on her legal defense and is now completely broke. "You probably don't need much incentive to stay out of trouble. On the other hand I'm not going to tell the United States public and hard-working prosecutors that the federal securities laws have no serious teeth whether you are a lying CEO or a $150,000 cheating investor," said U.S. District Judge Richard Owen in sentencing Gannon, Gannon was charged with McDermott in the high-profile 1999 insider trading case along with Anthony Pomponio, another lover with whom she shared the tips. Gannon fled to Vancouver before she could be arrested in the United States for her role in the scheme that lasted between May 1997 and the summer of 1998. Gannon admitted during her plea hearing that she had received the inside information from McDermott with whom she had a "romantic relationship." She said that McDermott had told her to keep the information secret but that she had shared it with Pomponio. Prosecutors said Pomponio earned $86,000 from his trades. "I told everybody about the information. I had no secrets," she told reporters on Wednesday. She said McDermott had given her the tips so she could save money to get out of the abusive pornographic film industry. Gannon told reporters that she got into trouble because she had been a naive young woman who dated an older man. "Older men like younger women because they are too dumb to stand up for their rights. Instead of saying no, they say yes, Daddy, yes Daddy." Although McDermott had been convicted of insider trading, the verdict was dismissed when an appeals court said McDermott was unfairly convicted of being involved in a conspiracy that included Gannon's other lover, who he did not know. Prosecutors said they planned to retry McDermott, but last year he agreed to plead guilty to one count of securities fraud for tipping Gannon. He was sentenced to five months in prison that he has already served. McDermott was president in 1997 of Keefe, Bruyette, an investment bank specializing in bank mergers. He was chairman and chief executive from Jan. 1, 1998 until he resigned in 1999. His job gave him access to market-sensitive information about takeover deals. When a reporter asked Gannon if she got jail time instead of probation because of the widespread publicity over the ImClone insider trading scandal that threatens homemaking guru Martha Stewart, Gannon replied: "Ms. Martha Stewart. You little prude. Your snobby attitude is going to be frowned on by the world. Welcome to the real world. Your career is going down hill." 10/23/02 18:53 ET