SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : 9/11 Shortsellers: Who are they? What happened?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wharf Rat who wrote (19)4/7/2006 10:34:52 AM
From: Wharf Rat  Read Replies (3) of 78
 
8) A record number of 'put' OPTIONS, speculation that the STOCK of a company will fall, were placed on American and United Airlines in the days preceding September 11th. This despite a September 10th Reuters report stating 'airline STOCKs set to fly.'

9) 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. On September 10, 4,516 put OPTIONS on American Airlines were bought on the Chicago exchange, compared to only 748 calls.

The investigation as to which criminals benefited from advance knowledge of the terrorist attack led straight to Alex Brown/Deutsche Bank - chaired up until 1997 by executive director of the CIA, Buzzy Krongard.

Why wasn't Krongard taken in for questioning by the FBI and who else was involved in this insider trading?

Message 21446931
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext