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Financier Martin Armstrong Released After 11 Years in Jail

 
Anonymous Coward
User ID: 1302457
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03/21/2011 10:06 PM
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Financier Martin Armstrong Released After 11 Years in Jail
March 15 (Bloomberg) -- Financier Martin Armstrong, jailed since January 2000 on civil and criminal charges stemming from what prosecutors said was a $700 million Ponzi scheme, was released from prison last week.

Armstrong, the founder of now-defunct Princeton Economics International Ltd., will be confined to his home until his time in federal custody ends in September, said Chris Burke, a spokesman for the U.S. Federal Bureau of Prisons. Armstrong is permitted to leave for work and will check in periodically at a halfway house in the Philadelphia area.

“I would like to take the time to thank everyone who has stood by me these many years,” said a letter under Armstrong’s name posted on the website MartinArmstrong.org. “What I have seen is the deep corruption that lingers through the political- financial system that threatens the future of my family and friends.”

Armstrong was jailed a record seven years for defying a judge’s order to produce gold bars, coins and other assets..."

[link to www.businessweek.com]
Anonymous Coward
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03/21/2011 10:12 PM
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Re: Financier Martin Armstrong Released After 11 Years in Jail
old news, but [link to www.contrahour.com]
Anonymous Coward (OP)
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03/21/2011 10:15 PM
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Re: Financier Martin Armstrong Released After 11 Years in Jail
 Quoting: Anonymous Coward 1302022


thanks alot..i will read it

i'm thinking this may be symbolic in some way getting released early...do you know what i mean?

here's a link to his unofficial site with essays, testimonies, etc
[link to www.martinarmstrong.org]
Anonymous Coward (OP)
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03/21/2011 10:37 PM
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Re: Financier Martin Armstrong Released After 11 Years in Jail
 Quoting: Anonymous Coward 1302022


thanks alot..i will read it

i'm thinking this may be symbolic in some way getting released early...do you know what i mean?

here's a link to his unofficial site with essays, testimonies, etc
[link to www.martinarmstrong.org]
 Quoting: Anonymous Coward 1302457


"...His model sin-gled out, in advance, the day of the Octo-ber, 1987, crash. “Never did I expect this to work on such a precise time level,” he wrote later, in an essay called “Under-standing the Real Economy.” “It made no sense. I personally assumed it was just a fluke. This took place on the minor half-way point up the first leg of the 8.6-year cycle, at 2.15 years.” Afterward, he was messing around with numbers and real-ized that 8.6 years was exactly three thou-sand one hundred and forty-one days: 3,141, the number pi times a thousand. The cycle mystery had deepened. If pi was essential to the physical world, perhaps it somehow governed the markets, or the fluctuations in human behavior and mood that manifested themselves in the mar-kets. It was, after all, the magic number associated with the swing of a pendulum, Heisenberg’s uncertainty principle, and the Great Pyramid at Giza. Why not the vast monuments of data known as the financial markets? “Suddenly I saw it in my mind’s eye,” he wrote. “There was a Geometry of Time itself.”..."

wow
Anonymous Coward (OP)
User ID: 1302457
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03/22/2011 12:12 AM
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Re: Financier Martin Armstrong Released After 11 Years in Jail
 Quoting: Anonymous Coward 1302022


thanks, that was an interesting article, to say the least

amazing, he even has a 9-11 Building 7 connection...

"...The S.E.C.’s Armstrong case file was lost when the September 11th terrorist attack obliterated its offices, in 7 World Trade Center..."





GLP