Old Wives' Tales
Radio & TV
Toxin du jour
Claim: Man arrested for insider trading attributes his financial success to time travel.
Example: [Collected on the Internet, 2003]
Origins: All one need know about this article is that it originated with the
Despite this item's tabloid origins (and the fact that it was covered nowhere but in the Weekly World News), it showed up in a variety of magazines and newspapers, reprinted verbatim as a "real" news
The spokesman at the US Security and Exchange Commission in Washington gives a weary sigh and then a slightly strained chuckle when he hears the words "time traveler" and "inside trader".As if this tale weren't already implausible enough on its face, the Edinburgh Evening News wryly noted:
"This story is pure fantasy. There is no truth in it at all," he says. "This is the kind of story that belongs in the same file as 'Elvis Shrine Found on Mars.'
"You know something? We have had an enormous number of calls from the media on this one. It has been absolutely amazing. Of course, we had to look into it, but as far as we know, it’s just not true."
"Even a non-time traveller could have told him that profiting from 126 consecutive high-risk trades over two weeks was sure to get him noticed," commented the Guardian.In a follow-up article in their
A handful of others pointed out that any time traveller with half a brain would not bother popping back to 2003, just when the stock market is in free fall and anyone who actually makes any money at all would stick out like a
Last updated: 20 March 2007
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