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New York Stockbroker Accused of 'Economic Hate Crime'.
Knight Ridder/Tribune Business News, August, 2002
By John Marzulli, Daily News, New York Knight Ridder/Tribune Business News
Aug. 20--On Feb. 25, stockbroker Michael Cohen was at his synagogue when his cell phone rang.
It was a client, Youssef Fakih of Brooklyn, and he was angry.
Fakih and his brother Ali had lost hundreds of thousands of dollars since opening an account with Cohen.
Now he was prepared to confront the broker with the shocking allegation that Cohen deliberately made bad trades because Fakih is an Arab.
"I heard that . . . you lost my money and . . . you lost it purposely," said Fakih, who was secretly taping the call. "Why is that?"
"Well, all I can say to you is that you lied to me about a couple of things," Cohen said, according to a...
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