Did anybody ever get arrested for 9/11 insider trading?

The only thing I ever heard is they didn't know who dumped all that airline stock.

As usual, follow the money.

I don't really remember hearing anything about it.

Wasn't the Washington Post or some other US liberal newspaper looking into all that stuff about pregnant chads and disenfranchised black folks and the Florida Supreme Court having mounted its very own coup d'etat and wasn't the WP about to report on all that stuff when, conveniently, a handful of hysterical amateur novice pilots bamboozled the mightiest and costliest military system in history and executed astonishingly complex and accurate aeronautical feats, one of them pausing before impact only to drop his passport from the aircraft and down onto the Manhattan sidewalk in front of a government official ? Isn't that what happened ? And did the WP not publish that stuff out of some misplaced sense of rally round the flag (or the chimp) and does it have any intention of publishing it ? Or have I dreamed all this ?

It seems almost that since nobody famous, apart from a news person, was killed, and that, subsequently, all the monkey's men have made billions and that the whole issue of the pregnant chads just kinda went away and nobody was too bothered about a coup d'etat it's almost as though the Twin Towers were blown-up sort of in the national interest. In my first contribution to these musings I don't want to appear like some deranged paranoiac, God knows there's enough of them. But aside from the absence of information about whether or not people made fortunes from prior knowledge of September the 11th - which is, in a sense, academic-I'd just like to know if there might be, imminently, a similarly diverting nuclear holofuckingcaust, and is the WP doing anything to protect me? It gets hard up here in the wild northern british islands and sometimes a man must be alone, but this is no place to hide. I think Bob Dylan said that.

The answer to your question is NO! No one in this country is going to protect US,forget our allies! We all recognize after Katrina that we are on our own...go buy some duck tape.Right now is not a great time to be friends with America. All our allies are going to see terrorism,unfortunately. Jordan found that out the hard way.

To answer the original question...Of course they KNOW whom bought all the options. This shit is recorded. You can't buy this shit anonymously. WE will NEVER know, but of course our gov't does. If no one stood trial for 9-11, do you think a little insider trading means anything to any one?

You make sense to me. Cheers

Welcome to DU!! :toast:

Tom Flocco, Rense, Conspiracy Planet, From the Wilderness, and dozens of other sites spouting the usual paranoid antisemitic shit.

I never said I held stock in any of it. ;)

Cooperative Research links seem to be down right now.

http://www.cooperativeresearch.org/timeline.jsp?timeline=complete_911_timeline&startpos=650#a090601putsshorts
http://www.cooperativeresearch.org/timeline.jsp?timeline=complete_911_timeline&startpos=650#a090601suspicious
http://www.mediamonitors.net/mosaddeq36.html

...to avoid the new no-crackpot-site-links rule. Cute.

mainstream news sources.

This essay on the subject is exhaustive:

http://www.cooperativeresearch.org/timeline.jsp?timeline=complete_911_timeline&before_9/11=insiderTrading

Though initially the irregularities were all reported by MSM and the good news was it would be easy to track almost all transactions...it all just stopped.

This is my pet...proof of conspiracy? I watched all that news and followed closely. I was very relieved because we'd have proof of who had prior knowledge and I thought we'd use it before we went to war.

It wasn't just short puts on the airlines involved and the companies like Morgan Stanley inside the towers. It was also a surge in credit card transactions in the hours before that would have gone to computers within twin towers. Those seemed lost until the damaged hard drives were recovered and a german company was able to retrieve the data. This was also reported MSM, along with the sharp increase in a particular kind of bond.

I waited and waited. Nothing. I saw one report that said it was determined this was all within normal fluctuation (impossible). I read an interview where an employee at the Chicago Board Options Exchange (the company that tracked the stock) said they'd been told to stop the investigation.

We've heard nothing except that some of the money was never claimed.

Have you heard more?

but black boxes didn't?

Here

I don't know, but every official that had to talk about it said something like "We have found no evidences that bin Laden did these trades" - they always try to pin it on the Qaeda, because Clarke and Tenet said so I guess. "We have found no evidence that a man in a cave in Afghanistan could have done these trades" :eyes:

EDIT: Oops, wrong node. Wanted to reply to main message, sorry.

the answer "no"?

The answer is no. It did not happen. For certain, it did not happen. Maybe some lucky deals were made, but that happens every day.

about it.

Kerry did work on exactly this kind of issue with BCCI, so I'm surprised he didn't do it here.

United and American Airlines options traded."

From the March 31, 2003 statement of Mindy Kleinberg to the National Commission on Terrorist Attacks Upon the United States:

self delete

Not even to mention the put stock-options exercised. All the ways lead to Buzzy Kroongard. That's all.

The economy was in bad shape, worldwide. Those four planes were most less than half full - the US airline market had serious overcapacity and was suffering bafly. Airlines would have gone to the wall even if 9/11 hadn't happened.

Be afraid. Watch what you say. What do you think was in the 28 pages they refused to release? I'm sure it all led back to rich Saudis and the truth was buried.

involved... or at least that is what I think I remember....

I think you may be impressed with the info at this link... I am.

http://www.awitness.org/news/november_2001/insider_trading_september_11th_long_list.html

A few articles mention the Chicago Board Options Exhange as being the original firm to notice the odd trading which occured prior to s11. The AP article I read in my local paper said that on Sept 10th tons of put-options were sold for AMR and UAL. Also, suspicious trading activity occured heavily on s6 thru s7.

The website for CBOE is: http://www.cboe.com

"Suspiciously Timed Bets Against Airlines Expires Today"
USA Today
http://www.usatoday.com/money/stocks/2001-10-19-puts.htm

Treasury Investigating Bond Trading
http://www.latimes.com/business/la-000087933nov03.story

"Terrorists trailed at CBOE" http://www.suntimes.com/terror/stories/cst-nws-trade20.html

"Probe of options trading link to attacks confirmed"
http://www.suntimes.com/terror/stories/cst-fin-trade21.html
____________________________________________________________________________
"CBOE probes reports of unusual trading before attacks" http://www.suntimes.com/terror/stories/18cboe.html
____________________________________________________________________________
"Brokerage Firms Across America look for suspicious trading: German gov't freezes 214 accounts suspected with having ties with the terrorists"
This mentions list of 38 companies being investigated by the SEC. However, the SEC won't talk about it. Source- public radio show: "Market Place."
http://www.marketplace.org/shows/2001/10/papertrail_02.html

Here's a link I obtained from this article which mentions a few of the firms:
http://www.globeandmail.com/servlet/GIS.Servlets.HTMLTemplate?tf=tgam/common/FullStory.html&cf=tgam/common/FullStory.cfg&configFileLoc=tgam/config&vg=BigAdVariableGenerator&date=20011002&dateOffset=&hub=business&title=Business&cache_key=business¤t_row=4&start_row=4&num_rows=1

Not

I'm sure I would've read about it on here or Alex Jones' website if it happened.

on the story. It wasn't an insider trading story, it was about heavy options trading, by individuals yet to be identified.

Immediately after 9/11, the story surfaced that stocks of the airlines involved had been heavily "shorted" -- no indication of Insider trading.

The Chicago Board Options Exchange was reportedly investigating. No details or final report were ever released by them, and you'll dig in vain for evidence on their website, although some reports were there in the waning days of 2001.

This is the only detailed material that's not from a CT whack-job site:

(all emphasis mine)



All you'll find now if you dig hard and look past the CT sites, are reports that the FBI investigated (just where the fuck did THEY come into this? we ask.) and found no evidence. Uh-huh. Right.

The Securities and Exchange Commission and the Chicago Board Options Exchange are silent on the matter.

There is in fact, no proof that any investigation started, is in progress, or has ended with or without conclusions drawn.


"...pay no attention to that man behind the curtain."

with world markets on that day because they were the ones who had the inside information.

your self. Though here is another clue - look into the news reports of the time just after Sept 11, 2001. I remember it from that time. I'm not going to do your work for you. If you want the answer go looking for it - I was paying attention to the news at the time.

questioned on your comments, it would seem to be important for you to research carefully before posting:

1. I am not the OP; the OP who asked the question "Did anybody ever get arrested for 9/11 insider trading?" was "yurbud".

2. You made an assertion and it is perfectly reasonable that you are asked whether you have any evidence and a link to support that assertion. Those kinds of requests are quite appropriate here, and they are made frequently in these discussion forums.

3. If you accept the CR in this respect, your assertion is false - here are the notes of the CR (with my emphasis in bold): "Highly publicized allegations of insider trading in advance of 9/11 generally rest on reports of unusual pre-9/11 trading activity in companies whose stock plummeted after the attacks. Some unusual trading did in fact occur, but each such trade proved to have an innocuous explanation. For example, the volume of put options- investments that pay off only when a stock drops in price-surged in the parent companies of United Airlines on September 6 and American Airlines on September 10-highly suspicious trading on its face. Yet, further investigation has revealed that the trading had no connection with 9/11. A single U.S.-based institutional investor with no conceivable ties to al Qaeda purchased 95 percent of the UAL puts on September 6 as part of a trading strategy that also included buying 115,000 shares of American on September 10. Similarly, much of the seemingly suspicious trading in American on September 10 was traced to a specific U.S.-based options trading newsletter, faxed to its subscribers on Sunday, September 9, which recommended these trades. These examples typify the evidence examined by the investigation. The SEC and the FBI, aided by other agencies and the securities industry, devoted enormous resources to investigating this issue, including securing the cooperation of many foreign governments. These investigators have found that the apparently suspicious consistently proved innocuous. Joseph Cella interview (Sept. 16, 2003; May 7, 2004; May 10-11, 2004); FBI briefing (Aug. 15, 2003); SEC memo, Division of Enforcement to SEC Chair and Commissioners, "Pre-September 11, 2001 Trading Review," May 15, 2002; Ken Breen interview (Apr. 23, 2004); Ed G. interview (Feb. 3, 2004)."

4. Conversely, if you do not accept the CR on this subject, do you have any specific reasons for that?

from the bin Laden side.

I did not start this thread. It is not up to me to do research. I simply answered a question. If you need more. Look for it yourself. I was in a discussion and I do not think that all the people in discussions on this forum have to show links to proove everything they say.

If the issue is important to you - go and do the research yourself. It is not important to me. I accept what happened on that day and that al Qaeda was evil (and remains so forever for having killed civilians). Remember there were supposed to be 50,000 people in those towers on those days. And they were likely expected to fall right away.

Al Qaeda is bad. And their money people did do some funny trading on that day.

Easy to search. I don't have to search out the source because I heard the story in those early days and I believed it. I was just adding to the discussion.

Look around you. How many people are sourcing when they answer discussions? It is pretty common knowlege.

People put in a link when a new bit of information is posted in breaking news, or an article, or they mention another site. Most often it is the OP who has responsibility for this. People do not have to source the things they say in mid discussion. I was pointing out something I heard. If it matters a great deal - do the research yourself.

you do not have a specific source or link to offer. OK, thank you.

It's feasible that you may have either formed an incorrect recollection or considered some hearsay as being factual, which is why I was asking if you had a clarifying link to offer; isn't your assertion contradictory to the notes of the CR (i.e. The National Commission on Terrorist Attacks Upon the United States) on this subject, particularly this section: "The SEC and the FBI, aided by other agencies and the securities industry, devoted enormous resources to investigating this issue, including securing the cooperation of many foreign governments. These investigators have found that the apparently suspicious consistently proved innocuous."?

Of course you may simply disagree with the CR in this respect? In case you don't already have it, the CR link is: http://www.9-11commission.gov

You write: "I do not think that all the people in discussions on this forum have to show links to proove everything they say." Agreed, there is obviously a basic difference between answering a request for further information and any compulsion to do so. For example, you do not have to reply at all.

any further. I know what happened on that day was a great tragedy. And the people responsible, al Qaeda, planned on benefitting in many ways from the attack. If they did in fact not short sell or move money around the world in preparation for the financial mahem - I don't really care. But I trust that they likely did - until I hear a credible account that this is not so - from a credible source. And in the meanwhile - I do not care.

are you commenting that you do not think that the CR is a credible source on this subject? If so, that's an interesting remark.

You write that this issue is "not important enough" for you to "suss it out". OK, in future, please do not make categorical statements if you cannot really back them up in the face of contradictory evidence.

You write: "I know what happened on that day was a great tragedy." Yes, I completely agree with your comment.

are you wasting everyones time here that does care?

BTW there still is NO proof that al Qaeda was involved in the 911 attacks

you. The DU cares about you. And that is why the DU doesn't allow for conspiracy stuff - except in rare cases.

I'm not into the discussion. Someone asked a question - I answered it as clearly and as accurately as I could.

If that upsets you - you should go looking for more information. And no - I'm just personally used to sourcing out most of my info from professional sources. That is just how I get my information. From people or books or bloggers or the news.. from sources I trust.

This person wanted me to attach a link to my statement that the evidence that there was insider trading in 9/11 is with al qaeda groups & money managers. So Obviously they have no intention of taking my work for it. That is fine. I say - go look into it yourself. Likewise - someone who I do not know is not going to be a "source" for how I think, if I have no reason to know or trust them. I think we each do it ourselves eh? Think....

It's like asking Saddam to provide proof of the absence of WMDs.

There IS no proof that AlQaeda did 9-11. It was never investigated. Maybe they did, maybe they didn't.

And gravity is just a theory, right?

even when the evidence or facts say different can we?

If you have some proof that alQuaeda did 911, please post a link, I'm sure many here would be interested.

There is no bigger 'conspiracy theory' than the goverments line.

Just keep your head in the sand, though if it makes you feel more comfortable.

SEC and FBI basically said, well we KNOW who did it, but, never mind..., which makes me tend to think it was someone on our side, so to speak. Didn't a German company exhaustively examine it and then they were suddenly bought out and the story was clammed up immediately?

You don't want to share information?

You'd rather have people do work you have already done?

I'm not so sure that is what makes DU such a great research site.

DID NOTHING TO OUT THE BASTARDS!!

and i assure you our government knows who they were, and are..and so does sibel edmonds!!

fly

Because that would be a step closer to actually finding out the truth, and the powers that be don't want that happen!

Here we have a red flag of prior knowledge which could be traced and it was ignored. This should really be researched not just to find out who made these trades and how they had the info but also as a means to monitor future trades, so if something like that came across it might, might give you another chance to stop it.

Can we have a run-down here of what was known and what the 'red flags' were?

I need a refresher. Do we have news reports from credible sources?

So much about the 'technical' side...when one wants to formulate conspiracy theories, you have to answer the who and why as well..."why" being most important.