Reply #8: Massive and well-documented insider trading [View All]

Here are just three sources of info on insider trading the day before 9/11. For more, see "Crossing the Rubicon", Chapter 14, by Michael Ruppert


http://www.cbsnews.com/stories/2001/09/19/eveningnews/main311834.shtml

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Sources tell CBS News that the afternoon before the attack, alarm bells were sounding over unusual trading in the U.S. stock options market.

An extraordinary number of trades were betting that American Airlines stock price would fall.

The trades are called "puts" and they involved at least 450,000 shares of American. But what raised the red flag is more than 80 percent of the orders were "puts", far outnumbering "call" options, those betting the stock would rise.

http://www.themodernreligion.com/terror/wtc-unusualtrading.html

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U.S., Germany, Japan Investigate Unusual Trading Before Attack
By Judy Mathewson and Michael Nol, Bloomberg Financial News, 18 September 2001

Washington, Sept. 18 (Bloomberg) -- Trading skyrocketed in options that bet on a drop in UAL Corp. and AMR Corp. stock in the days before terrorists crashed hijacked United and American airlines jets into the World Trade Center and the Pentagon.

Morgan Stanley Dean Witter & Co., which occupied 22 floors of the 110-story 2 World Trade Center, and Merrill Lynch & Co., with headquarters near the destroyed twin towers, also experienced pre- attack trading of 12 times to more than 25 times the usual volume in so-called put options that profit when stock prices fall, according to Bloomberg data.

www.globalresearch.ca/articles/RUP204A.html
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The documented pre-Sept. 11 insider trading that occurred before the attacks involved only companies hit hard by the attacks. They include United Airlines, American Airlines, Morgan Stanley, Merrill-Lynch, Axa Reinsurance, Marsh & McLennan, Munich Reinsurance, Swiss Reinsurance, and Citigroup.

In order to argue that the massive and well-documented insider trading that occurred in at least seven countries immediately before the attacks of Sept. 11 did not serve as a warning to intelligence agencies, then it is necessary to argue that no one was aware of the trades as they were occurring, and that intelligence and law enforcement agencies of most industrialized nations do not monitor stock trades in real time to warn of impending attacks. Both assertions are false. Both assertions would also ignore the fact that the current executive vice president of the New York Stock Exchange (NYSE) for enforcement is David Doherty, a retired CIA general counsel. And also ignored is the fact that the trading in United Airlines stock -- one of the most glaring clues -- was placed through the firm Deutschebank/Alex Brown, which was headed until 1998 by the man who is now the executive director of the CIA, A.B. “Buzzy” Krongard.