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Those Bastards Did Insider Trading on Airlines Before Liquid Bomber Arrest

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Dems Will Win Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 02:44 PM
Original message
Those Bastards Did Insider Trading on Airlines Before Liquid Bomber Arrest
Edited on Thu Aug-24-06 02:50 PM by Dems Will Win
British intelligence knew about the liquid explosives on airlines long before the actual raid - who traded the airline stocks before and after and with information from whom?
Sonia Zaveri
Aug. 13, 2006

Airlines stocks traded in a strange pattern. For a few days it showed technical weakness then slowly moved down. Then came the news and the airlines indices collapsed. The money was ready on the sideline to jump in and buy the stocks.

British intelligence service agents secretly infiltrated a bomb factory and found liquid explosives and detonators weeks before they foiled the plot to blow up America-bound passenger jets flying from UK airports, media reported on Sunday.

Who knew about the terror plot and the timing of the announvement? Who did British intelligence reveal it to?

Covert raids on homes of key terror suspects were also made to plant bugs and gather crucial evidence against them, The Mail on Sunday claimed.

The carefully planned 'sneak and peek'' operation involved members of the SAS, or Special Air Service and other surveillance specialists of Mi5. It allowed the Security Service to eavesdrop on the suspected terrorists in the weeks before they were arrested.

http://www.indiadaily.com/editorial/12725.asp


They knew the plot would be busted so they sold short before the arrest and they were ready to buy long as soon as the stocks dropped! And it's almost certainly the MI5 or the Bushies, not the terrorists. Something similar happened before 9-11 and before the London Tube Bombings the pound dropped a mysterious 6 per cent in large currency exchanges.

A September 21 story by the Israeli Herzliyya International Policy Institute for Counter terrorism, entitled "Black Tuesday: The World's Largest Insider Trading Scam?" documented the following trades connected to the September 11 attacks:

- Between September 6 and 7, the Chicago Board Options Exchange saw purchases of 4,744 put options on United Airlines, but only 396 call options. Assuming that 4,000 of the options were bought by people with advance knowledge of the imminent attacks, these "insiders" would have profited by almost $5 million.

- On September 10, 4,516 put options on American Airlines were bought on the Chicago exchange, compared to only 748 calls. Again, there was no news at that point to justify this imbalance; Again, assuming that 4,000 of these options trades represent "insiders", they would represent a gain of about $4 million.

-

- No similar trading in other airlines occurred on the Chicago exchange in the days immediately preceding Black Tuesday.

- Morgan Stanley Dean Witter & Co., which occupied 22 floors of the World Trade Center, saw 2,157 of its October $45 put options bought in the three trading days before Black Tuesday; this compares to an average of 27 contracts per day before September 6. Morgan Stanley's share price fell from $48.90 to $42.50 in the aftermath of the attacks. Assuming that 2,000 of these options contracts were bought based upon knowledge of the approaching attacks, their purchasers could have profited by at least $1.2 million.

- Merrill Lynch & Co., which occupied 22 floors of the World Trade Center, saw 12,215 October $45 put options bought in the four trading days before the attacks; the previous average volume in those shares had been 252 contracts per day . When trading resumed, Merrill's shares fell from $46.88 to $41.50; assuming that 11,000 option contracts were bought by "insiders", their profit would have been about $5.5 million.

- European regulators are examining trades in Germany's Munich Re, Switzerland's Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster.

http://www.whatreallyhappened.com/illegaltrades.html




it appears some profited by short selling the British pound in the 10 days leading up to the (7/7) attacks.

The pound fell about 6 percent (approximately 1.82 to 1.72) against the dollar for no apparent reason – until, of course, the terror attacks sent the British markets reeling still further.

"This was an almost unprecedented weakness and far too sharp to be a coincidence," one economist with more than 35 years of experience in the investment industry, told Joseph Farah's G2 Bulletin, the premium, online intelligence newsletter published by the founder of WND. "That is, after all, an annualized rate of loss of well over 100 percent."


Currencies of establish countries simply do not fall that fast based upon any kind of economic or financial analysis," said the economist. "Somebody – somewhere – knew something. Or maybe I should say 'somebodies.'"

...

The problem is that short selling of this kind can be done with near total anonymity.

"Trade currency futures through a Swiss or Austrian bank via an offshore company incorporated in Crete and you have a totally untraceable transaction," the economist noted. "No one will ever know who made the really big money off this situation, but I guarantee you this – someone did."


http://worldnetdaily.com/news/article.asp?ARTICLE_ID=45312



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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 02:47 PM
Response to Original message
1. I KNEW IT! Posted it the DAY it happened:
"LOOK For activity on puts & calls at CBOE." If I'd known how to read that data I'd have told y'all this a week ago.
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INdemo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 03:04 PM
Response to Reply #1
5. This insider trading also occurred just before9/11
and just before the Iraq invasion..I'm convinced that Bush's oil buddies are still close to the phone to be ready to buy short or long on oil futures..It's a give-a-away and there is no way the SEC could ever find out...I suspect * and Cheney both have those blind trusts(or whomever) investing for them too..Its all about oil and money...
The hell of it is if you or I was quick enough and could sense something about to happen and bought short you know we would have authorities knocking on our door..No doubt....They're crooks
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QuettaKid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 02:48 PM
Response to Original message
2. and this surprises you? nt.
.
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happydreams Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 02:48 PM
Response to Original message
3. K&R
Edited on Thu Aug-24-06 02:50 PM by happydreams
Let's see what happens to the investigation.

They were sitting on the information for a year before the bust.
We need to dig up the fascistis financial records.
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DeSwiss Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 02:49 PM
Response to Original message
4. Always follow the money.... K & R n/t
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Dems Will Win Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 03:53 PM
Response to Reply #4
6. This thread not showing up on Greatest Page
Even though it has 12 votes.
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Jed Dilligan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 04:18 PM
Response to Reply #6
8. Maybe it's the word "Bastards"? nt
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Sydnie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 04:51 PM
Response to Reply #6
9. 13 now n/t
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Vidar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 04:17 PM
Response to Original message
7. K&R.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 06:47 PM
Response to Original message
10. What happened to those "Trader Alert" systems NSDAQ and NYSE
supposedly had in place that Clinton instituted. Gone and forgotten? :eyes:
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pinto Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-24-06 09:02 PM
Response to Original message
11. Locking.
Both whatreallyhappened and worldnetdaily are highly unreliable and/or bigoted web sites.

We discourage any publicity or support for them on DU.

Thanks for your understanding.

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