SEC Probe into 9-11 Israeli connection

Discussion in 'Politics' started by nitro, Sep 20, 2003.

  1. nitro


    Please comment on the following:


    Original article is at
    SEC Probe Of 911 Stock Dealings Reveals ... Guess Who?
    by TBR News • Tuesday April 15, 2003 at 12:06 AM


    Between August 26 and September 11, 2001, a group of speculators, identified by the American Securities and Exchange Commission as Israeli citizens, sold “short” a list of 38 stocks that could reasonably be expected to fall in value as a result of the pending attacks. These speculators operated out of the Toronto, Canada and Frankfurt, Germany, stock exchanges and their profits were specifically stated to be “in the millions of dollars.”

    Short selling of stocks involves the opportunity to gain large profits by passing shares to a friendly third party, then buying them back when the price falls. Historically, if this precedes a traumatic event, it is an indication of foreknowledge. It is widely known that the CIA uses the Promis software to routinely monitor stock trades as a possible warning sign of a terrorist attack or suspicious economic behavior. A week after the Sept.11 attacks, the London Times reported that the CIA had asked regulators for the Financial Services Authority in London to investigate the suspicious sales of millions of shares of stock just prior to the terrorist acts. It was hoped the business paper trail might lead to the terrorists.

    Investigators from numerous government agencies are part of a clandestine but official effort to resolve the market manipulations There has been a great deal of talk about insider trading of American stocks by certain Israeli groups both in Canada and Germany between August 26 and the Sept.11 attacks on the World Trade Center and the Pentagon.

    Lynne Howard, a spokeswoman for the Chicago Board Options Exchange (CBOE), stated that information about who made the trades was available immediately. "We would have been aware of any unusual activity right away. It would have been triggered by any unusual volume. There is an automated system called 'blue sheeting,' or the CBOE Market Surveillance System, that everyone in the business knows about. It provides information on the trades - the name and even the Social Security number on an account - and these surveillance systems are set up specifically to look into insider trading. The system would look at the volume, and then a real person would take over and review it, going back in time and looking at other unusual activity."

    Howard continued, "The system is so smart that even if there is a news event that triggers a market event it can go back in time, and even the parameters can be changed depending on what is being looked at. It's a very clever system and it is instantaneous. Even with the system, though, we have very experienced and savvy staff in our market-regulations area who are always looking for things that might be unusual. They're trained to put the pieces of the puzzle together. Even if it's offshore, it might take a little longer, but all offshore accounts have to go through U.S. member firms - members of the CBOE - and it is easily and quickly identifiable who made the trades. The member firm who made the trades has to have identifiable information about the client under the 'Know Your Customer' regulations (and we share all information with the Securities and Exchange Commission.)"

    Given all of this, at a minimum the CBOE and government regulators who are conducting the secret investigations have known for some time who made the options puts on a total of 38 stocks that might reasonably be anticipated to have a sharp drop in value because of an attack similar to the 9/11 episode. The silence from the investigating camps could mean several things: Either terrorists are responsible for the puts on the listed stocks or others besides terrorists had foreknowledge of the attack and used this knowledge to reap a nice financial harvest from the tragedy.

    Adam Hamilton of Zeal LLC, a North Dakota-based private consulting company that publishes research on markets worldwide, stated that "I heard that $22 million in profits was made on these put options..."

    Federal investigators are continuing to be so closed-mouthed about these stock trades, and it is clear that a much wider net has been cast, apparently looking for bigger international fish involved in dubious financial activity relating to the 9/11 attacks on the world stock markets.

    Just a month after the attacks the SEC sent out a list of stocks to various securities firms around the world looking for information. The list includes stocks of American, United, Continental, Northwest, Southwest and US Airways airlines, as well as Martin, Boeing, Lockheed Martin Corp., AIG, American Express Corp, American International Group, AMR Corporation, Axa SA, Bank of America Corp, Bank of New York Corp, Bank One Corp, Cigna Group, CNA Financial, Carnival Corp, Chubb Group, John Hancock Financial Services, Hercules Inc, L-3 Communications Holdings, Inc., LTV Corporation, Marsh & McLennan Cos. Inc., MetLife, Progressive Corp., General Motors, Raytheon, W.R. Grace, Royal Caribbean Cruises, Ltd., Lone Star Technologies, American Express, the Citigroup Inc. ,Royal & Sun Alliance, Lehman Brothers Holdings, Inc., Vornado Reality Trust, Morgan Stanley, Dean Witter & Co., XL Capital Ltd., and Bear Stearns.

    The Times said market regulators in Germany, Japan and the US all had received information concerning the short selling of insurance, airlines and arms companies stock, all of which fell sharply in the wake of the attacks.

    City of London broker and analyst Richard Crossley noted that someone sold shares in unusually large quantities beginning three weeks before the assault on the WTC and Pentagon.

    He said he took this as evidence that someone had insider foreknowledge of the attacks.

    "What is more awful than he should aim a stiletto blow at the heart of Western financial markets?" he added. "But to profit from it? Words fail me."

    The US Government also admitted it was investigating short selling, which evinced a compellingly strong foreknowledge of the coming Arab attack.

    There was unusually heavy trading in airline and insurance stocks several days before Sept.11, which essentially bet on a drop in the worth of the stocks.

    It was reported by the Interdisciplinary Center, a counter-terrorism think tank involving former Israeli intelligence officers, that insiders made nearly $16 million profit by short selling shares in American and United Airlines, the two airlines that suffered hijacking, and the investment firm of Morgan Stanley, which occupied 22 floors of the WTC.

    Apparently none of the suspicious transactions could be traced to bin Laden because this news item quietly dropped from sight, leaving many people wondering if it tracked back to American firms or intelligence agencies.

    Most of these transactions were handled primarily by Deutsche Bank-A.B.Brown, a firm which until 1998 was chaired by A. B."Buzzy" Krongard, who later became executive director of the CIA.

    More serious was an article in the Sept. 28, 2001 edition of the Washington Post stating that officials with the instant messaging firm of Odigo in New York confirmed that two employees in Israel received text messages warning of an attack on the WTC two hours before the planes crashed into the buildings!

    The firm's vice president of sales and marketing, Alex Diamandis said it was possible that the warning was sent to other Odigo members, but they had not received any reports of such.

    The day after, the Jerusalem Post claimed two Israelis died on the hijacked airplanes and that 4,000 were missing at the WTC.

    A week later, a Beirut television station reported that 4,000 Israeli employees of the WTC were absent the day of the attack.

    This information spread across the Internet but was quickly branded a hoax.

    On Sept. 19, the Washington Post reported about 113 Israelis were missing at the WTC and the next day, President Bush noted more than 130 Israelis were victims.

    Finally, on Sept. 22, the New York Times stated "There were, in fact, only three Israelis who had been confirmed as dead: two on the planes and another who had been visiting the towers on business and who was identified and buried."

    Investigators from numerous government agencies are part of a clandestine but official effort to resolve the market manipulations There has been a great deal of talk about the insider trading of American stocks by certain Israeli groups both in Canada and Germany between August 26 and the Sept.11 attacks on the World Trade Center and the Pentagon.

    Government investigators have maintained a diplomatic silence about a Department of Justice (DOJ) probe of possible profiteering by interested parties with advance knowledge of the attack.

    On Sept. 6, 2001, the Thursday before the tragedy, 2,075 put options were made on United Airlines and on Sept. 10, the day before the attacks, 2,282 put options were recorded for American Airlines. Given the prices at the time, this could have yielded speculators between $2 million and $4 million in profit.

    The matter still is under investigation and none of the government investigating bodies -including the FBI, the Securities and Exchange Commission (SEC) and DOJ -are speaking to reporters about insider trading. Even so, suspicion of insider trading to profit from the Sept. 11 attacks is not limited to U.S. regulators. Investigations were initiated in a number of places including Japan, Germany, the United Kingdom, France, Luxembourg, Hong Kong, Switzerland and Spain. As in the United States, all are treating these inquiries as if they were state secrets.
  2. tampa


    WOW - that blows my mind. Imagine, savy traders shorting into a declining market.

    That does it - I'm getting a gun ( sorry, wrong thread )

    Nuke the jew bastards, that's what I say. I mean even if they didn't knowingly short the market...they killed the Baby Jesus...and it's time that they paid for it...
  3. o ya they probably used the 16M to finance Mossad! it was Mossad wasn't it?!
  4. Pabst


    Even GD and UIC, two of the biggest post 9/11 gainers made swing lows on 9/10. In fact most stocks really had similar break down formations. Also note, the volume in AMR was nothing to write home about despite it making a multi-week low on the week of 9/3-9/7. I guess though in a counter intuitive way the story/conspiracy makes sense. Bin Laden offers the hated Jews 30 pieces of silver knowing that in return they'll betray their trusted military ally the United States. They must have been trading through Grassy Knoll LLC.
  5. Brother nitro,

    That story is total bullshit... Israel is our ally and the muslim terorists are the Evil Doers... get the facts straight... with all this anti-Israel rhetoric floating around don't you think that if there was any truth to it, the USA would have taken action against Israel? Come on guys!

    Anways, back to how we should proceed... now that we've liberated the Afgans and the Iraqis, let's liberate Syria, Iran and Saudi Arabia next...

    God Bless America and God Bless Israel in the War Against Evil Doing...

    The USA and Israel: Forever Together, as Brothers United Against Evil...

  6. Actually, the first round of stories that came out about the sep-11-related trades linked it to the CIA (exec. dir. AB Krongard).

    I think if the truth ever came out, we'd find that several different parties had foreknowledge.

    I mean, its not like a conspiracy that large can happen without some people finding out about it, and using that information.

    Foreign Policy-- Not just a comic book anymore.(tm)

  7. The simple fact that they insist on the nationality makes me feel that this is again medias manipulations to create a tension between jews and arabs. Or is it an attempt to make forget the story of the young jew who accuses the US government to be very tolerant with a big arabian Financial Fund exonarated from US tax and which is behind terrorism financing as well as making extremist propaganda by controlling the majority of mosques on US soil and so avoiding their control by more moderate muslims ?

    It is possible that Mossad is involved because it wouldn't be the first time that secret service commit civil terrorism acts and make believe that it is from ennemies but there is no link between israelians that profit from some informations and that it is Israel that commited the act whereas most obviously the Bush-Ben Laden families have also to be first rank in suspects since they are associates since dozens of years in Business notably through Carlyle Group specialised in Defense - Bush father has been even administrator for 4 years and Ben Laden major stakeholder until revelation after 11th september by the Wall Street Journal. Bush has even forbidden enquiries on Ben Laden families as well as forbidding enquiry on terrorist bank BCCI notably linked to arab and pakistan terrorism interest.

    There was a whole BBC report on Carlyle but curiously it has disappeared.

  8. It's a pity that the BBC report is no more there. At default this is from redherring

    Carlyle's way
    Making a mint inside "the iron triangle" of defense, government, and industry.
    By Dan Briody
    January 8, 2002

    Like everyone else in the United States, the group stood transfixed as the events of September 11 unfolded. Present were former secretary of defense Frank Carlucci, former secretary of state James Baker III, and representatives of the bin Laden family. This was not some underground presidential bunker or Central Intelligence Agency interrogation room. It was the Ritz-Carlton in Washington, D.C., the plush setting for the annual investor conference of one of the most powerful, well-connected, and secretive companies in the world: the Carlyle Group. And since September 11, this little-known company has become unexpectedly important.

    That the Carlyle Group had its conference on America's darkest day was mere coincidence, but there is nothing accidental about the cast of characters that this private-equity powerhouse has assembled in the 14 years since its founding. Among those associated with Carlyle are former U.S. president George Bush Sr., former U.K. prime minister John Major, and former president of the Philippines Fidel Ramos. And Carlyle has counted George Soros, Prince Alwaleed bin Talal bin Abdul Aziz Alsaud of Saudi Arabia, and Osama bin Laden's estranged family among its high-profile clientele. The group has been able to parlay its political clout into a lucrative buyout practice (in other words, purchasing struggling companies, turning them around, and selling them for huge profits)--everything from defense contractors to telecommunications and aerospace companies. It is a kind of ruthless investing made popular by the movie Wall Street, and any industry that relies heavily on government regulation is fair game for Carlyle's brand of access capitalism. Carlyle has established itself as the gatekeeper between private business interests and U.S. defense spending. And as the Carlyle investors watched the World Trade towers go down, the group's prospects went up.

    More here

  9. And of course they try to cut the costs to make higher profit ... by any mean

    White House is ambushed by criticism from America's military community

    By Andrew Gumbel in Los Angeles
    20 September 2003

    "I once believed that I served for a cause: 'To uphold and defend the Constitution of the United States'. Now I no longer believe that," Tim Predmore, a member of the 101st Airborne Division serving near Mosul, wrote in a blistering opinion piece this week for his home newspaper, the Peoria Journal Star in Illinois. "I can no longer justify my service for what I believe to be half-truths and bold lies."

    The dissenters - many of whom have risked deep disapproval from the military establishment to voice their opinions - have set up websites with names such as Bring Them Home Now. They have cried foul at administration plans to cut veterans' benefits and scale back combat pay for troops still in Iraq. They were furious at President Bush for reacting to military deaths in Iraq with the phrase "bring 'em on".

    And they have given politically embarrassing prominence to such issues as the inefficiency of civilian contractors hired to provide shelter, water and food - many of them contributors to the Bush campaign coffers - and a mystery outbreak of respiratory illnesses that many soldiers, despite official denials, believe is related to the use of depleted uranium munitions."
  10. Why SEC is not more efficient about these huh ?

    In early September the "Washington Post" published a story about Bush "top fund-raiser" Wayne Berman, president of Park Strategies LLC in Connecticut, whose activities are being looked at by the FBI. One such activity has $50 million in state pension funds being invested through Park Strategies into a Carlyle Group fund. Carlyle is a "Washington merchant bank and client of Park Strategies that retains former president George Bush as a senior consultant." In 1991 Bush had appointed Berman to be assistant secretary of commerce. Last year Berman and retired senator Al D'Amato (R-NY) formed Park Strategies and hired Paul Silvester, who previously was Connecticut's treasurer and was in charge of investing state pension funds. According to the Washington Post, "Silvester was a catch for the firm because of his familiarity with state treasurers from around the country, who control massive pension funds hungry for new investments. Berman too is intimately familiar with many top state officials because he is a leading fund-raiser for the Republican Governors Association."
    #10     Sep 21, 2003