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MISSING 9/11 Investigation - the Stock Market and who made $$$$$

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jackstraw45 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 01:19 PM
Original message
MISSING 9/11 Investigation - the Stock Market and who made $$$$$
Interesting that the feds can investigate, charge, try and convict Martha Stewart over a relatively small stock trade, illegal as it may be.

But I haven't seen any major investigation into the suspicious stock activity relating to airlines, etc. before 9/11.

Is it because the BFEE made the profits? Or the Saudis?

One would think that those making big bucks ahead of that "shared experience" would be interesting targets of investigation...

"On 6 and 7 September, the Chicago Board Options Exchange handled 4,744 put options for United Airlines' stock, translating into 474,000 shares, compared with just 396 call options, or 39,600 shares. On a day that the put-to-call ratio should have been roughly 1:1 (no negative news stories about United had broken), it was instead 12:1.

On 10 September, another uneventful news day, American Airlines' option volume was 4,516 puts and 748 calls, a ratio of 6:1 on yet another day when by rights these options should have been trading even.

No other airline stocks were affected — only United and American were shorted in this fashion.

Accelerated investments speculating a downturn in the value of Morgan Stanley and Merrill Lynch (two New York investment firms severely damaged by the World Trade Center attack) were also observed. "

from http://www.snopes.com/rumors/putcall.htm
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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 01:28 PM
Response to Original message
1. The did come up with a report. They investigated it. They found
no trades were unusual.

At the time of 9-11 I was taking a lot of stock market training. I talked with a lot of stock brokers. Every single one of them said it was highly unusual, would take 10 minutes to find out who was behind them, and couldn't understand why there was no investigation. It took the FBI two years to find nothing. They would not release the names of the people that became millions that day either.
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jackstraw45 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 01:30 PM
Response to Reply #1
2. Was the investigation as thorough
as the SEC investigation of Harken and Bush?

:eyes:

I would think this is the BEST lead out there to co-conspirators....
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donsu Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 01:46 PM
Response to Original message
3. seems like this is too hot to handle

I've noticed that anytime these stocks are talked about there is silence.

At first they said the money had not been claimed yet.

and of course they know who made the deals.
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jackstraw45 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 01:54 PM
Response to Reply #3
6. Well, dammit, whose country is this?
Ours or theres?

This is outrageous...Here we have Bush draping himself in the flag over the suffering of over 3000 dead on that day and a possible cover-up of those perhaps trading on advance knowledge of the attack?

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Jose Diablo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 01:50 PM
Response to Original message
4. This is a smoking gun
Edited on Mon Mar-08-04 02:03 PM by JellyBean1
yet the FBI closed the investigation without a resolution of who was trading. Can you say C..I..A.

As for the FBI 'investigation', would you expect anything different with a turd hearse like Mueller or Ashcroft running the show?
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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 01:51 PM
Response to Original message
5. seems i heard a news story about Senator's
stock trading history/success being above the average when compared to insiders, public, etc. just this weekend on NPR...

might be a clue if someone was diligent enough to explore it.

:shrug:

dp

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Sterling Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 02:01 PM
Response to Reply #5
7. If we actually looked into it we would have too
Actually acknowledge a truth that most Americans are not willing to accept. Better to just shout down anyone who brings it up or ridicule them as conspiracy theorists.
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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 02:03 PM
Response to Reply #5
8. Well, that in and of itself isn't that remarkable
I have no doubt that is true for most poiticians, given the inside info they are inundated with.

What Senator would that be, dweller?
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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 05:02 PM
Response to Reply #8
11. unable to name names, only
b/c they didn't name them (on the news show i listened to). I would suspect a transcript is available at NPR.



dp
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PaDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 05:52 PM
Response to Reply #11
13. Is that where Ken Lay...
got the money to start up his new company?
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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-09-04 07:22 AM
Response to Reply #8
17. here is a link, from the Editorials forum
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=37480

"Are U.S. senators
real 'inside traders'?
Study shows stock portfolios outperform
market by 12% "

dp

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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 02:05 PM
Response to Original message
9. Yep. Another case of Bushevik Friends and Allies getting away scot free
If Democrats had made the "put options" you can be damned sure it would be playing 24/7 on Corporate TV Pravda.

But that Heinrich A$$croft is better than Hitler at "investigating his friends", isn't he?
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ignatius Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 02:15 PM
Response to Original message
10. There was also one buyer of $5billion 5 yeat U S treasury notes
that day. That transaction as well as the stock transactions could be easily traced.
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seemslikeadream Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 05:24 PM
Response to Original message
12. Two Communications from Walter Burien - Put Options
What do you think of this



Most institutional traders trade in blocks of 500 to 3,000 contracts. Daily
transactions are 350,000 to 400,000 contracts traded. The bond market trading
was suspended about one hour after the attack. When it reopened it moved in
several days by 5 points. Someone holding 1000 contracts would have reaped five
million dollars using one million. International and domestic stock index
futures would have reaped over fifteen million using one million. Guess who made
the biggest killing on short international and domestic stock index positions?
What one group was holding tens of thousands of short positions going into
911 that reaped about 250 billion dollars in the blink of an eye? Hint! Begins
with a G and ends with a T.

As the public had hundreds of billions of dollars liquidated from their 401k
plans as the market dove lower and lower, in a quick yo yo fashion, the
government investment funds through the use of derivatives, transfers that wealth
into their management accounts and hands.....

Look at the bottom line on the government investment portfolios! They will
have taken substantial losses on their physical stock holdings but, their
derivative profits will greatly offset those losses or in fact in many a case show a
net profit towards the overall results! (Look carefully at cash withdraws /
transfers made offsetting those profits to give the appearance of an annual
operating loss)

The public provides liquidity in the market place to allow the biggest
monopoly the world has ever known to secure more wealth. Your government at work!

Compare the private sector's return on investments over 2001, 2002 (dismal)
compared to government's "NET" return over the same period of time.
(substantial)

US Government investment funds have and are doing the same on the
International markets as well. Through the use of derivatives, the "substantial" US
Government investment funds control the stock market, gold prices, currency prices,
etc. Absolute financial control by the largest monopoly on Earth!

http://www.serendipity.li/wot/burien01.htm
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joanski01 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 06:00 PM
Response to Original message
14. It's been awhile so I don't
remember the name, but on C-Span's Washington Journal, a Democratic lady on the 9/11 Commission was the guest. A caller asked her about why they are not investigating the put options. Her reply was that they were investigating it, and that because certain things are not being discussed in public, don't assume that they aren't investigating it. I sure do hope the 9/11 Commission comes up with a killer of a report.
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smirkymonkey Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 08:14 PM
Response to Original message
15. Why can't we get Elliott Spitzer on the case??
it seems like such a slam dunk.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-08-04 08:47 PM
Response to Original message
16. Research hint for the Perplexed:
Google Buzzy Krongard-CIA-WTC.
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