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To: marcos who wrote (6009)1/15/1998 8:33:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 116811
 
Marcos--As much as we Americans bitch, we do have it made,
vis a vie the rest of the world. You don't see many lining up to leave the good 'ol USA, that's for sure!
I have been to most of the 3rd world, and it would be a very
eye opening experience for most US citizens to see exactly how the rest of the world lives.
As for gold, if the buck keeps dropping vs the yen, we can make some great trades with gold, on the long side.



To: marcos who wrote (6009)1/15/1998 9:29:00 PM
From: Bucky Katt  Respond to of 116811
 
Marcos--More GOD at work>>A New York attorney accused of insider trading pleaded guilty on
Thursday to scheming to defraud in connection with the sale of securities.

Under a sealed plea agreement with the Manhattan District Attorney's office, Jeffrey Spiegel, 32,
faces up to four years in prison when he is sentenced in March.

Spiegel, 32, who is believed to be cooperating with prosecutors, would have faced 11 years in prison if
convicted. He was indicted last month with four stockbrokers stemming from the arrest of a former
compliance officer for two of New York's most prominent financial institutions.

The former officer, Marisa Baridis, 29, was charged by state prosecutors with conspiring to steal more
than $1 million through insider trading. With the state case pending, federal prosecutors surprised the
district attorney's office by bringing a similar case against Baridis.

Baridis pleaded guilty in federal court on Dec. 4 to selling confidential information stolen from her
former employers Smith Barney, a subsidiary of Travelers Group Inc.(NYSE:TRV - news), and
Morgan Stanley [AMEX:MPQ - news], Dean Witter, Discover & Co.

Under that deal she faced a total possible maximum prison term of 15 years and a $1 million fine on
two securities fraud and conspiracy charges.

''Baridis' job was to see that no broker traded on inside information,'' Robert Morgenthau, the
Manhattan District Attorney, said after Spiegel and the four brokers were indicted. ''Instead, she
turned around and sold the information to other people.''

The indictment alleged that the five made ''hundreds of thousands of dollars'' using the inside
information from the Wall Street watchdog to buy stock in more than a dozen companies including
Healthcare Images, Inc, Owen Healthcare, StarSight Telecast, Integon.