Insider Trading & 9/11

[jcldragon]

Could you people check this stuff out?

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http://www.fromthewilderness.com/free/ww3/12_06_01_death_profits_pt1.html

PROFITS OF DEATH -- INSIDER TRADING AND 9-11

by

Tom Flocco - Edited by Michael C. Ruppert

<© Copyright 2001. From The Wilderness Publications, www.copvcia.com. All Rights Reserved. May be recopied, distributed or posted on the worldwide web for non-profit purposes only.>

FTW, December 6, 2001 -- On October 9th, FTW broke a story on insider trading connected to the 9-11 attacks on the World Trade Center that sparked worldwide controversy. In that story we reported how the Israeli Herzliyya Institute for Counterterrorism had documented that unknown individuals -- with accurate foreknowledge of the attacks -- had purchased an obvious and unusually large number of "put" options on United and American Airlines shortly before the attacks.

Additional companies hit hard by the insider trading included Axa Re(insurance) and Munich Re as well as American investment giants Merrill Lynch and Morgan Stanley.

Put options are essentially a bet that a stock's price will fall abruptly. The seller, having entered into a time-specific contract with a buyer, does not need to own the actual shares at the time the contract is purchased. Therefore, if a holder of the put option has a contract to sell a stock such as American Airlines for (e.g.) $100 a share on a Friday and the stock falls to $50 on Wednesday, they can purchase the stock, sell it on Friday and double their money. The person on the other end of the contract (the call) has an obligation to buy the shares at the agreed upon price. The bank handling the transaction as a broker is the only entity knowing the identities of both parties.

FTW also revealed that the A.B. Brown (Alex Brown) investment arm of the banking giant Deutschebank/A.B. Brown had been headed until 1998 by the man who is now the Executive Director of the Central Intelligence Agency - A.B. "Buzzy" Krongard. In fact, Krongard is but one name in a long history of CIA interconnections to stock trading and the world's financial markets. We also discussed, in detail, the evidence indicating that the CIA and other intelligence agencies monitor stock trading in real time for the purpose of identifying potential attacks of any nature that might damage the U.S. economy.

The original FTW story is located at:

http://www.fromthewilderness.com/free/ww3/10_09_01_krongard.html.

[jcldragon]

1. Revealing 9-11 Stock Trades Could Expose The Terrorist Masterminds

http://www.americanfreepress.net/051302/Revealing_9-11_Stock_Trades_Co/revealing_9-11_stock_trades_co.html

A transparent and thorough investigation of suspicious trades before Sept. 11 could expose the masterminds behind the attacks by revealing who knew and profited from advance knowledge—if only the government wanted to.



Exclusive to American Free Press

By Christopher Bollyn

Manipulators with inside information made huge profits on sophisticated trades as the stocks of the airline and insurance companies plummeted in the aftermath of the Sept. 11 disaster. The inside information was so precise that experts have concluded that it could have only come from those who masterminded the terror attacks.

This money trail is the closest investigators have come to “a smoking gun” and could lead directly to those who planned the attacks. But with the notable exception of Rep. Cynthia McKinney (D.-Ga.), Congress has yet to demand a thorough and open investigation.

In the days following the terror attacks, suspicious and unusual stock trading activity indicated that people used inside information to make huge profits. The money made from the trades done with apparent inside information has been estimated at up to $15 billion worldwide.

The Institute for Counter Terrorism (ICT), located in Herzliya, Israel, published an article, “Black Tuesday: World’s Largest Insider Trading Scam?” on Sept. 19, 2001.

[jcldragon]

2. 9/11 SUSPICIOUS TRADING POINTS TO PRIOR KNOWLEDGE

http://www.rumormillnews.com/cgi-bin/archive.cgi?read=40025

9/11 SUSPICIOUS TRADING POINTS TO PRIOR KNOWLEDGE

Posted By: Mailbag
Date: Tuesday, 18 November 2003, 10:50 p.m.

Suspicious trading points to advance knowledge by big investors of
September 11 attacks

By Barry Grey
5 October 2001

http://www.wsws.org/articles/2001/oct2001/bond-o05.shtml

In the two weeks preceding the September 11 terror attacks on New York and Washington, there was a sudden and unaccountable rush of speculative trades on the US stock and bond markets that indicate some wealthy and well-connected investors had advance knowledge of the impending catastrophe.

Those involved bet large sums on the prospect of a major crisis that would drive down the value of stocks in the airline, tourism and insurance industries, and undermine confidence in the US economy as a whole. Investigations are currently under way by the Securities and Exchange Commission (SEC), the federal watchdog agency for the stock and bond markets, the Secret Service and the FBI. These probes have been given little prominence by the media, in stark contrast to the round-the-clock warnings of new terrorist plots and reports of suspects detained in the US and Europe.

[jcldragon]

3. SEC SECRET PROBE OF STOCK DEALINGS BEFORE 9/11

http://guardian.250free.com/SeptemberEleven/put-options.htm

SEC SECRET PROBE OF STOCK DEALINGS BEFORE 9/11

Between August 26 and September 11, 2001, a group of speculators, identified by the American Securities and Exchange Commission as Israeli citizens, sold "short" a list of 38 stocks that could reasonably be expected to fall in value as a result of the pending attacks. These speculators operated out of the Toronto, Canada and Frankfurt, Germany, stock exchanges and their profits were specifically stated to be "in the millions of dollars."

Short selling of stocks involves the opportunity to gain large profits by passing shares to a friendly third party, then buying them back when the price falls. Historically, if this precedes a traumatic event, it is an indication of foreknowledge. It is widely known that the CIA uses the Promis software to routinely monitor stock trades as a possible warning sign of a terrorist attack or suspicious economic behavior. A week after the Sept.11 attacks, the London Times reported that the CIA had asked regulators for the Financial Services Authority in London to investigate the suspicious sales of millions of shares of stock just prior to the terrorist acts. It was hoped the business paper trail might lead to the terrorists.

Investigators from numerous government agencies are part of a clandestine but official effort to resolve the market manipulations There has been a great deal of talk about insider trading of American stocks by certain Israeli groups both in Canada and Germany between August 26 and the Sept.11 attacks on the World Trade Center and the Pentagon.

[jcldragon]

4. "Oh Lucy! - You Gotta Lotta 'Splainin To Do" "Oh Lucy! - You Gotta Lotta 'Splainin To D...

http://www.fromthewilderness.com/free/ww3/02_11_02_lucy.html

A TIMELINE SURROUNDING SEPTEMBER 11TH - IF CIA AND THE GOVERNMENT WEREN'T INVOLVED IN THE SEPTEMBER 11 ATTACKS
WHAT WERE THEY DOING?

by Michael C. Ruppert

<© COPYRIGHT 2001, All Rights Reserved, Michael C. Ruppert and From The Wilderness Publications, www.fromthewilderness.com. May be copied and distributed for non-profit purposes only.>





Nov. 2, 2001, 12:00 PST -- On Oct. 31 the French daily Le Figaro dropped a bombshell. While in a Dubai hospital receiving treatment for a chronic kidney infection last July, Osama bin Laden met with a top CIA official -- presumably the chief of station. The meeting, held in bin Laden's private suite, took place at the American hospital in Dubai at a time when he was a wanted fugitive for the bombings of two U.S. embassies and last year's attack on the USS Cole. Bin Laden was eligible for execution according to a 2000 intelligence finding issued by President Bill Clinton before leaving office in January. Yet on July 14, 2001 he was allowed to leave Dubai on a private jet, and there were no Navy fighters waiting to force him down.

In 1985 Oliver North -- the only member of the Reagan-Bush years who doesn't appear to have a hand in the current war -- sent the Navy and commandos after terrorists on the cruise ship Achille Lauro. In his 1991 autobiography "Under Fire," while describing terrorist Abu Abbas North wrote, "I used to wonder: how many dead Americans will it take before we do something?" One could look at the number of Americans Osama bin Laden is alleged to have killed before Sept. 11 and ask the same question.

It gets worse, much worse. A more complete timeline listing crucial events both before and after the Sept. 11 suicide attacks, which have been blamed on bin Laden, establishes CIA foreknowledge of them and strongly suggests that there was criminal complicity on the part of the U.S. government in their execution. It also makes clear that the events that have taken place since Sept. 11 are based upon an agenda that has little to do with the attacks.

[jcldragon]

5. Huge source of links & articles...

http://www.propagandamatrix.com/archiveprior_knowledge.html

http://www.communitycurrency.org/9-11.html

[jcldragon]

6. Representative Cynthia McKinney, a Georgia Democrat, said,

http://www.thenation.com/capitalgames/index.mhtml?bid=3&pid=66

On March 25, during a Pacifica radio interview, Representative Cynthia McKinney, a Georgia Democrat, said, "We know there were numerous warnings of the events to come on September 11.... What did this Administration know, and when did it know it about the events of September 11? Who else knew and why did they not warn the innocent people of New York who were needlessly murdered?" McKinney was not merely asking if there had been an intelligence failure. She was suggesting--though not asserting--that the US government had foreknowledge of the specific attacks and either did not do enough to prevent them or, much worse, permitted them to occur for some foul reason. Senator Zell Miller, a conservative Democrat from her state, called her comments "loony." House minority leader Dick Gephardt noted that he disagreed with her. White House spokesman Ari Fleischer quipped, "The congresswoman must be running for the Hall of Fame of the Grassy Knoll Society." The Atlanta Journal-Constitution called her a "nut." Two months later, after it was revealed that George W. Bush had received an intelligence briefing a month before September 11 in which he informed told Osama bin Laden was interested in both hijacking airplanes and striking directly at the United States, McKinney claimed vindication. But that new piece of information did not support the explosive notion she had unfurled earlier--that the Bush Administration and/or other unnamed parties had been in a position to warn New Yorkers and had elected not to do so.

[Old and In the Way]

7. Thanks for the post and welcome aboard.

This is "old news" on the DU, btw....check out the 9/11 forum that's located in the Foreign Affairs/National Security forum. I don't know why it's buried there...seems it should have its own forum heading, IMHO.

Anyway, I agree that this is totally relevant to understanding the root cause and actors of 9/11. IIRC, the FBI shut down the investigation without any finding whatsoever.

I don't recall that this topic was part of the 9/11 commission review....does anyone know if it was discussed and what the consensus of the report will say on this matter?

[genius]

8. Bush knew and chose to let it happen for his career.