Jones Beene wrote:
Anatomy of (a minor part of) the 9/11 coverup:
Detail in point: Greed is hard to disguise.
The National Commission on Terrorist Attacks Upon the United States (aka
the "9/11 Commission") investigated rumors of stock profiteering and
found that although some unusual trading activity did occur in the days
prior to September 11, it was all "coincidentally innocuous" and not the
result of insider trading by "parties with foreknowledge of the 9/11
attacks" ... What they failed to say is that they only investigated
links to "Arabs with possible foreknowledge," and found nothing but did
not look at foreknowledge by "good ole boys(friends of W)" nor CIA
officials - and one official in particular.
OK to most folks, including Fox network and all conservatives on the
religious right - that statement of "innocuous trading" and that alone -
even if coming from officials investigating themselves <g> was enough to
quell concerns. Case closed.
True, no sane individual can doubt that highly unusual pre-9/11 trading
activity occurred in companies whose stock plummeted after the attacks.
The SEC labeled this as *unprecedented* trading. For example, the volume
of put options — instruments 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 — and was hundreds to thousands of
times higher than it should have been, statistically.
Yet, "further investigation has revealed that the trading had no
connection with 9/11." Hey, our government says everything is OK so
that's that, right?
And yes, each such trade "proved to have an innocuous explanation," in
that there was no Arab link... but guess what - there was definitely
foreknowledge by someone who the commission would not reveal by name,
however, and it took threats of a freedom of information lawsuit to pry
out the exact names and even then only later in time, after no one in
the media was very interested.
The "single U.S.-based institutional investor with no conceivable ties
to al Qaeda which 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" was NOT in fact US based.
Do you mean they bought 115,000 puts on American on 9/10, or 115,000
shares on 9/10 (which is what you wrote)?
If it's the latter, as you actually wrote above, then that makes it
sound a lot less like they had foreknowledge of what was coming, and a
lot more like it really was just some whoo-te-doo hedging scheme that
involved buying airline stock puts _and_ shares at about the same time.
Otherwise why would they buy _any_ shares of an airline stock on 9/10?
Going long 115,000 shares the day before the roof fell in doesn't sound
especially clever if they knew what was coming.
That was the first lie. And in fact this institutional investor was a
company called Alex Brown, which is the investment arm of the German
banking giant Deutschebank/A.B. Brown. This firm was one of 20 major
U.S. banks named by Senator Carl Levin as being connected to money
laundering.
Surprise, surprise. Alex Brown had been headed-up for years before 9/11
by the man who became the Executive Director of the Central Intelligence
Agency shortly before the tragedy: "Buzzy" Krongard. If this sounds like
the Cheney/Halliburton connection, then go to the head of the class.
Krongard's position at Alex Brown included overseeing "private client
relations" (billionaires only). In this capacity he had direct hands-on
relations with some of the wealthiest people in the world in a kind of
specialized banking operation that has been identified by the U.S.
Senate and other investigators as being closely connected to the
laundering of drug and arms-running money. Yet he went directly to the
top of CIA - no questions asked.
AB “Buzzy” Krongard, after the smoke had cleared, later resigned from
CIA after the arrival of Peter Goss in December 2004 (presumably a very
wealthy man) and moved on to a large law firm. But ... he is the man
responsible for providing the insider-information (according to
conspiracy theorists) on which the unusual option trades at Alex Brown
were based: the ones which never got investigated because they were
"innocuous." This is according to sources other than the 9/11
commission, of course, which actively hindered this information coming
out to the general public.
The Director of CIA 6 months prior to 9/11 was George J. Tenet. He
announced the appointment of Krongard on March 16, 2001 to serve as
Executive Director. The Executive Director is the third ranking position
within the CIA, and functions essentially as the Chief Operating Officer
of the Agency. IOW it was Krongard, not Tenet who was in position to
know all the details of the plot which Mossad claims they gave to the
CIA in advance of the tragedy.
Wonder why network television has not run this particular story on the
the national news? or why Krongard's overseas banking records have never
come to light to clear his name - if he is guiltless ?