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Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?

To: Baldur Fjvlnisson who wrote (4046)	5/23/2002 4:23:20 AM
From: Baldur Fjvlnisson	Respond to of 5185

September 15, 2001 The New York Times reports that Mayo Shattuck III has resigned, effective immediately, as head of the Alex (A.B) Brown unit of Deutschebank. September 29, 2001 The San Francisco Chronicle reports that $2.5 million in put options on American Airlines and United Airlines are unclaimed. This is likely the result of the suspension in trading on the NYSE after the attacks which gave the Securities and Exchange Commission time to be waiting when the owners showed up to redeem their put options.

To: Baldur Fjvlnisson who wrote (4046)	5/23/2002 4:28:28 AM
From: Raymond Duray	Respond to of 5185

Hi Baldur, I do recall that there was a statement made after an investigation, and they stated that those who had purchased the puts prior to 9/11 had held them until the time of the notice to the press, sometime around the end of October. At that point, I had no way of verifying this information, so I let it slide. It could very well have been a case of something being swept under the rug, but there's just no way I know of to verify anything at all. In all of the discussion of 9/11, what I find most troubling is the fact that the FAA/NORAD/Air Force seemed to deliberately stand down, and not follow normal procedure. -R.