who "reaped about 250 billon dollars"

http://onlinejournal.com/artman/publish/article_875.shtml

Business as usual, part two: The government short-sells America



In “Business as usual – 9/11 and the fall of America”, I wrote, “speaking of winners, include the five-year US Treasury Notes. They were bought in unusually high volume before the attack. The buyers realized sizable increases in the Notes’ value after the attack. But this is business as usual again.” In subsequent searching I came upon a staggering statistic on who made the largest amount on US Bonds: "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." It was the United States government.

This comes from the (linked-above) article, “Who made the AA ‘Put’ Options The Days Prior to 911?” The title was a query from writer John Kaminski. The response was written by Walter J. Burien, Jr., a mystery himself, if not a financial wizard. He also mentioned that on the “morning of 911, US Bonds moved in 3 to 4 minutes by 1.5 points back and forth three times or $1,500 per contract in seconds three times in less than 4 minutes.” If that makes your head spin, try 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 half hour after the attack. When it reopened it moved in several days by 5 points. Someone holding 1,000 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?” Well, you’ve got the answer to that one.

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This not only turns the market into a gambling casino, but it gives people who have the ability to control the wheel of events that could cause up or down ticks an enormous amount of power to enrich themselves, in this case the United States government. As Burien points out, “A monopoly (Such as: US Composite Government Funds) controlling the swings in the markets will reap unheard of profits on each and every dramatic swing. . . ." It’s also a reason to misspend however much they desire, because they have an enormous and invisible income stream.
-snip-
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that's why Rummy was so excited on 9/11 he gibbered.


read on to see what Greenspan didn't say

and there is this: "The government, in short, is playing us, not just the economy."