The Magnetospheric Eternally Collapsing Object (MECO) Model of Galactic   Black Hole Candidates and Active Galactic Nuclei
  The spectral, timing, and jet formation properties of neutron stars in low mass x-ray binary systems are influenced by the presence of central magnetic moments. Similar features shown by the galactic black hole candidates (GBHC) strongly suggest that their compact cores might be intrinsically magnetic as well. We show that the existence of intrinsically magnetic GBHC is consistent with a new class of solutions of the Einstein field equations of General Relativity. These solutions are based on a strict adherence to the Strong Principle of Equivalence (SPOE) requirement that the world lines of physical matter must remain timelike in all regions of spacetime. The new solutions emerge when the structure and radiation transfer properties of the energy momentum tensor on the right hand side of the Einstein field equations are appropriately chosen to dynamically enforce this SPOE requirement of timelike world line completeness. In this context, we find that the Einstein field equations allow the existence of highly red shifted, Magnetospheric, Eternally Collapsing Objects (MECO). MECO necessarily possess intrinsic magnetic moments and they do not have trapped surfaces that lead to event horizons and curvature singularities. Their most striking features are equipartition magnetic fields, pair plasma atmospheres and extreme gravitational redshifts. Since MECO lifetimes are orders of magnitude greater than a Hubble time, they provide an elegant and unified framework for understanding a broad range of observations of GBHC and active galactic nuclei. We examine their spectral, timing and jet formation properties and discuss characteristics that might lead to their confirmation. 
Stanley L. Robertson and Darryl J. Leiter