Where exactly is (a) the conspiracy and (b) the news here? 

Anybody that has followed Israel and the ME would know all of this to be fact.  Anybody that uses FAUX News as their second Bible would label it conspiracy.  However, look up on a couple of things here and follow the trail:

USS Liberty

Jonathan Jay Pollard 

Jane Harman

Steven J. Rosen 

Keith Weissman

Hardly a conspiracy there, my friend.  As for Egypt, it is not Israel's ally but, rather, it's a playmate the US has bought for Israel, they whistle and Osni Mubarak comes running wagging his tale to his masters.