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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (52792)	2/6/2006 1:48:30 AM
From: kris b	Read Replies (2) \| Respond to of 110194

to house people in the event of a natural disaster or for new programs that require additional detention space." It's those "new programs" that give special pause." Interesting. Do you mean "totalitarian new programs" like Hitler's, Stalin's and Mao's?

To: NOW who wrote (52792)	2/6/2006 2:49:54 AM
From: shades	Respond to of 110194

DJ Knight Sec Whistleblower Getting Death Threats - Paper You better pipe down! NEW YORK (Dow Jones)--The key witness in a regulator's case against a one-time Wall Street trading powerhouse is balking at testifying, concerned over death threats he said he has received, The New York Post reported in its Monday editions. Bob Stellato, former executive at Knight Securities, now known as Knight Equity Markets, a unit of Knight Trading Group Inc. (NITE), said he has been receiving anonymous threats "since 2000," when he first blew the whistle on suspicious trading practices at his firm, which lead to several regulatory probes, the paper reported. He was slated to testify for the National Association Securities Dealers in its arbitration suit against former Knight senior executives. Stellato is probably the NASD's prime witness against Knight's former chief executive, Ken Pasternak, and its head of equity sales trading, John Leighton. The paper added that in March, based on a complaint from Stellato, the NASD charged Pasternak and Leighton with multiple counts of failure to supervise Leighton's brother Joseph, who directed one of the largest fraudulent trading schemes in recent Wall Street history. Using his knowledge of large stock orders from money managers, Joe Leighton would buy or sell stock ahead of executing the customer's trade, according to a joint NASD/SEC settlement, in which Knight paid $79 million in fines and disgorgement. In the same settlement, Joe Leighton paid $3.3 million and accepted a lifetime ban from the securities industry. (END) Dow Jones Newswires February 06, 2006 01:21 ET (06:21 GMT)