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Insider Trading 9/11...Unresolved, by Lars Schall
Below, please find a fascinating excerpt from the book “Mordanschlag 9/11. Eine kriminalistische Recherche zu Finanzen, Öl und Drogen” ("Assassination 9/11: A criminalistic research on finance, oil and drugs", Schild Verlag publishing house), by my friend, German journalist Lars Schall. Mr. Schall has been kind enough to allow my to reprint this excerpt here via Scribd.
Is there any truth in the allegations that informed circles made profits in the financial markets in connection to the attacks of September 11, 2001? More than a decade later, the German financial journalist Lars Schall examines and sheds some light on this still unresolved and unanswered mystery.
Insider Trading 911..Unresolved, by Lars Schall
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now now, Chindit, coolness under fire, what? No need for twisting knickers, no one is calling for banning you for being rational or irrational or just your usual irritating self...nor should anyone fling the sock puupet aspersion your way, just because you adhere to the conspiracy, what conspiracy? version of reality-lite.
That you wish to excuse sionism from any need to be placed under the microscope is crystal clear...your sympathies are well known here. That you are an apologist for MSM scripted theatre of the absurd scenarios like the official narrative of 9-11 equally obvious. But your modus is inifintely smoother than the average heavy handed half-wit, and betrays your status as an old hand at the disinfo game...a pro, who even in retirement still likes to throw a round or two. As such, your contributions are appreciated by those of us who enjoy worthy opponents.
Don't do anything rash old boy - the little tidbits of kindling you throw into the fire here are great stuff = "jewish people were killed in a percentage GREATER than their representation in the overall US population." Of course you are right...financial wizards of the Cantor Fitzgerald type were not just collateral damage to the main event...the information held on their floors was central to the conspiracy itself...
oh wait, what conspiracy?
Chindit used to have a chorus.
Where'd they go?
I guess we can all hope after all.
I thought he said "pull", not "pull it". In any event, if you think he was telling the world about the plot, you have to explain why he was doing so. There's plenty of evidence; it's a waste of time to argue about what he meant in that interview.
- In any event, if you think he was telling the world about the plot, you have to explain why he was doing so.
Easy ... morbid senility, burdened by guilt. Just look at him in the above video. I'm sure Larry got a strong talking to. His head is so shrunk into his shoulders, that he can not turn one without the other.
BTW, the NY Port Authority dude that Larry negotiated his sweet-heart deal with was a former Goldmanite.
Everything about 911 still remains unresolved. That the government was involved in a coverup is indisputable.
The 9/11 Commission Report: A 571-Page Lieby Dr. David Ray Griffin
Sunday, May 22, 2005
In discussing my second 9/11 book, The 9/11 Commission Report: Omissions and Distortions, I have often said, only half in jest, that a better title might have been "a 571-page lie."
http://www.911truth.org/article.php?story=20050523112738404
if it ain't broke, don't fix it. The commission trick worked post-1963, why not post-9/11?
The same game was played after the attempted fascist coup in the 1930s (Preston Bush and pals) when they were exposed by Maj Gen Smedley Butler. I recently watched a video about the Congressional commission and an attempt by a BBC reporter to investigate what happened by examining the records at the National Archives. Guess what? Almost all the transcripts were "disappeared," and they also found that Butler complained in the press that his testimony was deleted from the record shortly after the hearings.
I find it incomprehensible that the real facts surrounding 9/11 are unknown to most, if not all US generals, yet not a peep from these so-called defenders of the Constitution? Pathetic.
Prescott Bush...1934
Leading U.S. financiers and industrialists, to a large extent the same group which is financing the rise to power of Adolf Hitler and the Nazis, organize a coup against President Franklin Roosevelt whose New Deal and failure to fully support Nazism are repugnant to the U.S. ruling class.
Among the conspirators are:
Prescott Bush, grandfather of George W. Bush;
Irenee Dupont ultra right wing industrialist, eugenics proponent and founder of the fascist American Liberty League;
Grayson Murphy, director of Goodyear, Bethlehem Steel and J.P. Morgan banks;
William Doyle, former state commander of the American Legion;
John Davis, former Democratic presidential candidate and lawyer for J.P. Morgan;
Al Smith, former New York governor and co-director of Dupont’s American Liberty League;
John J. Raskob, high ranking Dupont officer and former chairman of the Democratic party;
Robert Clark, multi-millionaire Wall Street banker and stockbroker;
Gerald MacGuire, an associate of Clark’s and former Commander of the Connecticut American Legion.
The coup plotters attempt to recruit U.S. Marine Corps Major General Smedley Butler, a popular hero, to stage a fascist overthrow of the Roosevelt government.
Butler is offered three million dollars to assemble an army of half a million American Legion members to carry out the coup. Remington Arms will supply all the weapons needed. The coup is short-circuited when Butler tells Roosevelt about it. Fearful of arresting and prosecuting the U.S. ruling class for treason, the White House leaks the news to the press, leading to a congressional investigation.
Later in the year, Butler testifies before the McCormack-Dickstein Committee and tells it that the plot called for businessmen and generals to run the country as a fascist state.
Even though the Committee is ultimately able to confirm everything Butler says and he begs them to call the Duponts and Morgans to account, they refuse.
A whitewashed report, carefully omitting the names of the plotters, is issued by the Committee and the story is almost entirely suppressed by U.S. mass media.
That shining beacon of truth, Time Magazine, openly ridicules Butler.
It will be forty years before the long-suppressed full report of the McCormack-Dickstein Committee, complete with the names of the plotters and confirming everything Butler said, is uncovered only to be suppressed once more by the ever-vigilant U.S. mass media.
Again, great stuff, Mr. D ! ! ! ! !
And it was reported also in 1934, or thereabouts, that JP Morgan hadn't paid any fed taxes for a number of previous years (funny how that keeps happening?), and Prescott's evil daddy was the very first president, and a founding member of, the National Association of Manufacturers, the most virulently anti-worker, anti-labor, anti-union lobbyist group around in American history.
[Mundane stuff compared to your info, but still having a mite of value, sir!]
But most importantly, what few Americans understand, including recent CIA/NSA types such as Valerie Plame Wilson*** and the whistleblowing Thomas Drake, that during World War II, the Wall Streeters created the American intelligence establishment -- better known as the Financial-Intelligence-Complex, the senior tier in the entire ruling order.
They would bounce back and forth between the senior intelligence directorate positions at the various intel agencies (CIA, NSA, DIA, etc.) and Wall Street, but with the incredible privatization of the American intelligence establishment during the Reagan, Bush, Clinton and Bush years, it has become seamless (between Wall Street and the intel agencies, that is), with the majority of the official intel budget now going to the private contractors.
Essentially, the American intelligence community was created back in WWII, with various refinements over the ensuing years, by the Morgans, Rockefellers, Harriman, the Du Ponts, the Mellons, etc., America's ruling richest families, working through their employees: Lovett, Wisner, the Dulles brothers (John Foster Dulles would marry into the Morgan-Rockefeller-Rothschild families when he married Janet Avery) and Richard Bissell (I believe he was a descendant of George Bissell, the father of the oil industry). Bissell was the untold brains behind the Marshall Plan.
When Reagan assumed power as the president and appointed William Casey to be CIA director, Casey almost immediately classified the then-public data published from those spy satellites covering earth resources information, and then would only pass it along to his Wall Street cronies.
This really wasn't an aberration -- it WAS an aberration that they had allowed the earth resources data for public consumption --- and not MONOPOLIZED by and for Wall Street!
***From taking a close look at that anti-nuke proliferation foundation Valerie Plame is now with, and their board of directors, it appears that they appointed Plame there so they could babysit her and keep an eye on her --- she is still completely clueless as to how reality actually works!
"Government Commissions invariably cover for government corruption, the Security and Exchange Commission covers for financial corruption, the Medical Commissions cover for Medical Doctors, the State Bar Associations cover for attorneys, and Judicial Commissions invariably cover for all judicial corruption, no matter what the corruption may be. ...
If you want corruption to flourish, create a commission over it, and you will be assured that corruption will abound."
- Rev. Ron Branson, 'Jail 4 Judges', USA
"Whether it's Paris Hilton or Kim Kardashian or whoever, stupidity is certainly celebrated. Being a f-cking idiot is a valuable commodity in this culture because you're rewarded significantly," the Mad Men actor told the magazine.
Read more: http://www.usmagazine.com/celebrity-news/news/jason-statham-kim-kardashi...
.
from the ministry of truth and illusion, hollywood and wall street
finding common ground.
I have yet to read the increadibly small printed text. Around 9/11/2001 I was still reading newspapers. Twice before 9/11 (maybe a month and two weeks earlier) Neue Zürcher Zeitung reported on their front page of a planned severe terror attack against the USA. BTW one or days before 9/11 there were next to no news at all. I noticed NZZ reporting: "Several stones rolled down (some) swiss mountain. No damage was done". Hours later all hell broke loose.
clik the link above the text genius
Who says this: "BY DECEPTION THOU SHALT DO WAR"
Amerika has no resolve to even give a shit anymore.
Yeah corruption, insider info, false flags...so what?
something is rotten.
Read _Crossing the Rubicon_ by Michael C. Ruppert.
It's the Matrix.
All you need to understand are these three things:
1) ALL governments lie (I.F. Stone);
2) Power corrupts;
3) IT'S THE SYSTEM, STUPID!
I.F. Stone was the man
I want the names on the accounts of the actors who made the trades. These names are needed so they can be added to "The List".
Johnny - The article says the SEC destroyed all relevant documents after the non-investigation by the 9/11 commission.
http://listverse.com/2010/08/27/10-events-surrounding-september-11/
Go Read Item 7.
In the week prior to 9/11, an “extraordinary” amount of put options were placed on United Airlines and American Airlines stocks. If you are unfamiliar with the stock market, a put option is financial contract between two parties that will offer the buyer insurance against a company’s excessive loss. Someone who purchases a put option is expecting a stock to drop or they are protecting their assets. Between September 6 and 7, 4,744 put options were purchased on United Airlines stock, compared to 396 call options. On September 10, 4,516 put options were purchased on American Airlines, as compared to 748 call options. The trading activity was 600% above the normal level. United and American Airlines were the only two companies who had planes hijacked on 9/11. There were also an abnormal number of put options purchased in companies who had a stake in the World Trade Centers.
The majority of the suspicious trading was linked to Deutsche Bank Alex Brown. On September 12, 2001, the head of the bank, Mayo A. Shattuck III, resigned from office. The previous director of the bank was A. B. Krongard, who is the former head of the CIA. Citigroup Inc and Morgan Stanley also received an abnormal number of put options, and both companies held offices in the World Trade Centers, and saw a decrease in stock price after the attacks. On September 10, 2001, Raytheon, a defense contractor, had an anomalously high number of call options traded. The Securities and Exchange Commission launched an insider trading investigation, in which Osama Bin Laden was a suspect, but no action was taken. The trading was traced to areas all over the world, with most activity occurring in the UK, Italy, Germany, Japan, Switzerland, France and the US.
In the days prior to 9/11, the Chicago Exchange saw the highest number of United and American Airlines options traded in history. The names of the investors remain a mystery, because they never claimed their money. After it was discovered that a single U.S.-based institutional investor, with no conceivable ties to al Qaeda, purchased a large amount of these options, the 9/11 Commission dismissed the importance of the events. Unfortunately, the abnormal trading did not tip off law enforcement, as intelligence agencies constantly monitor the stock exchange and the sudden rise in activity could have allowed analysts to “connect the dots” and see that a major event was about to take place involving American Airlines, United Airlines and The World Trade Centers. However, nobody could have imagined the scale of the tragedy.
A few things. Buzzy Krongard did not head the CIA. He joined it in 1998, and in 2001 he was appointed Executive Director, the CIA’s No. 3 position, under DCI George Tenet. Previous to his CIA career Krongard had headed Alex Brown & Sons. After he left AB, Deutsche Bank bought the firm. On 911, he was at CIA, not at DB. Krongard left the CIA in 2004.
UAL put option volume totaled around 3150 (there are numerous estimates). On July 20th 2001, UAL put volume was 2995. On April 6, 2001 it was 8212. On March 13, 2001 it was 8072. Thus, it was not “the highest in history” in the days before 911. It was not even half the highest volume of the year 2001.
The 911 Commission did investigate and found that one single US institutional investor was responsible for 95% of the volume in the UAL puts. The same institution also bought 115,000 shares of American Airlines at the same time, suggesting some sort of pairs trade.
AMR stock had fallen from $38 in July to $29.95 on 10 September. That’s 21% in two months, which qualifies it as a bear market in AMR. On 7 September AMR issued a number of negative press statements, from which analysts then concluded over the weekend that AMR‘s losses may triple (there are weekend press releases and analyst comments). Increased put activity on the first trading day after these analyst comments might be expected after such a price move and negative announcements.
There is minimal editorialization in the above post. It is mostly a presentation of facts, which the post to which it replied was not. Perhaps "truthers" is a misnomer.
So the fact that Buzzy buzzed to the CIA after working for ALex Brown (and helping structure the takeover) is evidence for or against collusion?
There are many other fun facts including the massive "deputizing" phenomenon
http://www.foreignpolicyjournal.com/2011/03/02/black-911-a-walk-on-the-dark-side-2/0/
Again, the crucial information and timeline:
On 9/10/01, the Pentagon's comptroller announced that $2.3 trillion went unaccounted.
These major variances were audited by the DIA's Financial Management staff, which received a last-minute email in the early hours of 9/11/01 (sometime between 2:00am and 3:00am EST) to attend a meeting that very morning at the Pentagon (their offices/conference room located by the west wall); this pertained to all onsite and offsite workers.
That morning almost the entire Financial Management staff of the DIA was either killed or severely injured when Flight 77 flew dead center into the west wall of the Pentagon. (Odd, since it was the most difficult maneuver imaginable and would have been far more deadly and easier to have flown in from above and aim for the top of the Pentagon.)
One lady professional, who overslept that morning and subsequently read the email late and arrived late as she was one of the offsite workers, would view Flight 77 from a safe distance, crashing into the Pentagon that day.
Actually there is more "crucial information" and a much longer timeline. Reading Rumsfeld's entire speech on 10 September, in which he repeated assertions and concerns he and other DoD staff had mentioned many times previous (poorly documented expenditures over many years and poorly coordinated computer systems that handled DoD accounting), is much less sinister than the quote mining used by those who think Rumsfeld would first introduce the topic into the public domain and then arrange an aircraft strike to eliminate the problem. In point of fact, the systems and documentation issue was long in the public domain before 911. Much of it has been corrected and upwards of two thirds of the expenditures are now backed by proper documentation.
Basically what Rumsfeld said was that due to the Marines having a computer system, Air Force and Army having separate systems from that, the Pentagon itself was unable to account for a couple trillion dollars.
Link, about halfway down, in a yellow box: http://911myths.com/index.php/Missing_Trillions
Takeaway quote:
"The technology revolution has transformed organizations across the private sector, but not ours, not fully, not yet. We are, as they say, tangled in our anchor chain. Our financial systems are decades old. According to some estimates, we cannot track $2.3 trillion in transactions. We cannot share information from floor to floor in this building because it's stored on dozens of technological systems that are inaccessible or incompatible. "
By spreading such disinformation, it lends credence to CIA trolls' insistence that "conspiracy whackos" have no business in the popular discussion. It is easily provable that Rusmsfeld never said that, just as it is provable that Eisenhower never met with aliens at the White House and the fires from Tower Two were hot enough to bring down Tower Seven.
Thanks, Chindit, for setting it straight.
:D
WHAT? Please elaborate.
2008..the half a trillion money market withdrawal referred to by Congressman P Kanjorski on CNBC and the market crash..with much more money taken from investors than 911. 911 was a test run for 08.
who did the withdrawal has never been disclosed to this day. Kanjorski retired.
Nice try but only a moron would have left money in a money market as Lehman was failing. Anybody who understood the interaction in financial services understood to get their money the hell out. This wasn't one or two people pulling $500 billion it was a mass run on money markets by hundreds of thousands of large and small investors.I worked for a large insurance company then and EVERYBODY understood they would lose a BIG chunk of their money market balances if they didn't move them. I happen to agree that insider trading occurred around 9-11, just as it did before the beginning of the Korean war, but this guy would have a better case if he left out small BS situations. For example, nobody did an insider trade so they could make $56,000.
Even a $5 million dollar "insider" put trade seems small to me, considering the consequences if you get caught. I thought I remembered some of these bets were never collected, so either these folks perished on 9/11 or they were too scared to collect.
"considering the consequences if you get caught"
Yeah, but who ever gets caught? Besides Martha Stewart and Fat Raj, I mean. Congress insider-trades constantly, Warren and Charlie front-run their Berkshire stooges, Angelo Mozilo sells millions and millions while deliberately bankrupting CFC---and no one ever even gets charged, let alone faces prosecutions.
Buffett is a backdoor Supplemental Liquidity Provider, Angelo and Corzine are Friends of Obama, Congress has immunity...Everyone has immunity. Let's stop kidding ourselves. The Big Fish are never caught.
Hey, don't forget Barry Bonds!
With Martha Stewart and Barry off the street, all of Amerika should sleep more safely.
Oops! Martha's out again!!!! [\End sarcasm]
Rotes Schild directly or via the Fed. Either way it was the cabal 100%.
For an easier to read web article of Lars Schall's work, earlier this week on Asia Times Online:
Insider trading 9/11 ... the facts laid bare
By Lars Schall
http://atimes.com/atimes/Global_Economy/NC21Dj05.html
kudos dudes- much better thread than the last time 911 came up.