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

To: tralfasador who wrote (88021)	11/17/2004 11:21:15 AM
From: magicrecall	Read Replies (2) \| Respond to of 122087

Declaration of Anthony Elgindy Post: Stunning Confirmation! There are some SEC and NASD officials who have to be quaking in their boots over this post, rightfully. There is no year on the date block, but we could presume that it is either from 2002 or 2003, possibly 2004, but he wasn't in San Diego in Sep, 2004, he was in jail in New York. If Elgindy is convicted of links to terrorists et al in later proceedings, the SEC and NASD officials who used him are going to be buried for stunning stupidity. Elgindy could be the Alger Hiss analog of the entire short selling scandal. For those of you who don't know who Hiss was, he was a Soviet Agent/Spy serving in the US State Department under Dean Acheson and FDR, who was, for years, a darling of the liberal left until the publication of the Venona Papers, translated Soviet Intelligence wire traffic which confirmed his importance as an agent and a traitor. Hiss came within a hair's breadth of becoming the Secretary of State, and might well have gotten the job, had it not been for journalist Whitaker Chambers, who turned away from Communism, and outed many Communists in high posts inside the US Government, the most prominent of whom included Hiss. Read Ann Coulter's book "Treason" for the more complete summary version, which should make you sick. I don't know how this got here, but it is explosive. It confirms what I suggested to all of you. Elgindy was always a formal or informal CI, and the Sheeple were simply animals being led to the slaughter. How the SEC and NASD could favor one class of scumbags over another is simply insane. I will predict now that this is the end of the SEC, and rightfully so. I doubt the NASD will survive unscathed. They are going to find out that our Senate and Congress don't like to be humiliated. There will be a race between them and the FBI to nail this jerk to a wall upside down, something absolutely Biblical. Mind-boggling, but this confirms the pattern of Elgindy's behavior I previously pointed out to all of you. This could be his last attempt at finding a way to avoid being sent to Prison, as this post would virtually insure he wouldn't survive there for long. He has given up organized crime figures here, and they won't forget. The Islamic extremists he has exposed won't even have to watch him, he is done by his own hand figuratively. For the innocents here, I am no longer laughing out loud. You will not only have been conned out of your money, some of you are going to jail. Ignorance is no defense in our system. This is punishment for unbridled greed. If you were worried before, you should now be terrified. We have moved from subornation of domestic criminal fraud, to the subornation of international organized crime and outright treason. I consider the Treason issue to go well past anything pertaining to RICO, both of which are Class A Felonies Federally. If this is proved, the key guilty parties involved should lose their lives. Period. And I am sure some "Cowboys" out here in the West, could find some appropriate ant hills on which to stake out the lesser Government officials involved in this for financial or personal/professional gain. That most certainly will not include anyone from the USPIS, IRS, DOJ or other rightful and properly intended parties who could not know what kind of crap they had stepped in. This corruption has got to be stopped,literally rooted out with fire like a deadly infectious disease. This is the financial SARS of the last century. Those responsible for spreading it have to go away.

To: tralfasador who wrote (88021)	11/17/2004 6:11:57 PM
From: tralfasador	Read Replies (1) \| Respond to of 122087

Testimony Of First Witness In Elgindy Case Wraps Up By CAROL S. REMOND November 17, 2004 2:40 p.m. Of DOW JONES NEWSWIRES NEW YORK -- Defense lawyers Wednesday continued taking aim at government witness Derrick Cleveland's claim that he and others participated in a corrupt scheme to use confidential federal information to manipulate the price of the shares of publicly traded companies. In his 10 days on the witness stand, Cleveland has testified that he got information from former Federal Bureau of Investigation special agent Jeffery Royer and that he shared that information with Anthony Elgindy and other short sellers who used the tips to profit from trading stock. Elgindy's and Royer's lawyers meanwhile have claimed that the FBI agent was simply trying to gather information from Cleveland and other traders in an effort to ferret out stock fraud. The defense lawyers have also argued in their cross examinations of Cleveland that the government witness overstated the nature of his relationship with Royer and Elgindy. They suggested that Cleveland is trying to make their clients take the blame for his actions. Cleveland has pleaded guilty to conspiracy to commit securities fraud. Elgindy and Royer are accused of committing securities fraud, market manipulation and extortion in the Eastern District for the District Court of New York. Questioning Cleveland Wednesday, Elgindy's lawyer Barry Berke used chat logs to demonstrate that on several occasions, Cleveland began short selling the shares of companies after Elgindy made "short calls" about them on his private investing Web site, and not, as Cleveland claimed, after receiving confidential information from Royer. Berke also grilled Cleveland on his claim that Elgindy used non-private information provided by Royer to make trading decisions. Using chatlogs from Elgindy's Web site, Berke highlighted that Elgindy would often contact agents at the Securities and Exchange Commission and the FBI to report stock fraud and that on occasions, Elgindy gleaned information from these calls. +++++++++++++++++++++++++++++++++++++++++++++++++ Insert Peanut gallery Observations IMHO: This is legal malpractice, the attorney just made the case of the prosecution. That by claiming to be helping the FBI that in fact Mr. Elgindy was able to use his ability to unearth non-public information from the FBI and SEC. This is the same way Hackers are able to get codes from employees, in order to break into the systems. Likely be the same contacts that Royer gave Mr. Elgindy. The problem is Mr. Elgindy should be either helping the FBI, or helping his trading. His own lawyer is showing to the jury that Mr. Elgindy was able to get information from people on the inside of the SEC or FBI, which Mr. Elgindy then was able to use to trade upon. The obvious question is for which benefit is Mr. Elgindy calling up the FBI to share this information he has. Is it to share, like a boy scout? Or is the real motive to prod and poke FBI and SEC contacts for information internal in their non public investigations? That is one crazy defense for the charges in this case. Anyone please explain what Mr. Elgindy's attorney is trying to do? If anyone on the jury has a high school diploma they will see what I just said immediately. If you are so close to the facts it may seem like a good thing to say, but I dare say at least some on the jury after hearing Mr. Elgindy's lawyer- said "ah-ha there it is...right there" ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ In the case of a company called Sulphco Inc. (SLPH), Berke used chatlogs to show that a former employee of the company named Todd Orme began helping Elgindy debunk the company's claim that it could remove sulfur from diesel fuel. "Orme in July (2001) was talking to the FBI on behalf of Sulphco, blaming Elgindy. You recall that?" Berke asked Cleveland, who answered yes. The witness agreed with Berke that Orme later recanted his allegation against Elgindy and then began helping the short seller. Cleveland had testified for the government that he got information from FBI agent Royer about Sulphco that he passed on to Elgindy. Cleveland also testified that Royer intervened to make a budding FBI investigation into Elgindy's actions relating to Sulphco go away. Following the conclusion of the morning session, federal judge Raymond Dearie reminded Berke that he had to complete his cross examination of Cleveland shortly after the lunch recess. Prosecutor Ken Breen is then expected to "redirect" the witness. -By Carol S. Remond, Dow Jones Newswires; carol.remond@dowjones.com; 201-938-2074