The truth about 9-11?

The truth about 9-11 is starting to come out. The FBI suspected, and the CIA knew it would take place. They did nothing to stop it. How many billions did the intelligence community benefit this year alone?


There is a large oil pipeline now being built through Afganistan with oil companies assistance.

The Taliban didn't permit it. Two of the companies are Enron and Halliburton. Unicoil leads the group. This doesn't seem like a coincidence.


Not a very pretty picture.

Heck, maybe Bush was in on it to improve his public perception.. Just about as far-fetched..


If the Feds did know information about the attack that could have prevented it, then somebody would have cracked the story by 9/12..


We live in an era of dollars, and the story would have been worth millions.. Not too likely that people would sit on it..

You obviously can't handle the truth. Your President that stole the election with help from the intelligence community in Florida permitted 3000 Americans to die so that his sponsors could make money. Too bad your an ostrich.

remember within a week of 9-11, story about how some big money had shorted the two specific airline stocks involved in 9-11, something that had never happened before (shorting airline stocks; thats what they said on the news), and that because so much money was involved it would be relatively easy to track down who it was and this would be a lead into the culprits.


by the way, these are all facts, not opinions. the stocks *were* shorted, etc. it had not happened before, etc.


well, where did that story go?


what does that tell you?


brad

As a gambler, I admit the possibility.. But I still believe it's too hard to keep something like that covered up..

As I recall, suspicion was that bin-Laden had surrogates short the stocks in question just prior to the attack.


On perhaps a less reliable note, I heard that virtually all of the NYC taxi-cabs which usually flock every day around the WTC, and are driven primarily by Middle-Easterners, were nowhere near the WTC on 9/11 prior to the attack. Did the Mid-East grapevine somehow warn them to stay away? I don't weigh this source's information very heavily, but I have no reason to entirely discount it either; it comes from the spouse of a NYC cop. So I'm just wondering if this might be true.

'As I recall, suspicion was that bin-Laden had surrogates short the stocks in question just prior to the attack. '


so what happened to the story? were talking big money here, with an obvious paper trail. why would everybody shut up about it?


brad

I don't know that they did shutup about it; do you? All I know is I read less and less about it, although I do recall a couple of follow-ups. Most stories do get less coverage as time passes, and there were other even bigger stories to fill the news, not to mention daily reports of activities in Afghanistan and Israel.


Maybe you can track this one down if you are so inclined. I think you are making way too broad and unfounded an assumption that this was hushed up or something. Try tracking it down on google and see what you can come up with if you care to--I'll bet it wasn't hushed up at all, and that more than a few follow-ups were broadcast and printed.

The shorts were traced to Duetsche Bank numbered accounts by US authorities. The former Chairmen of Duestche Bank is a man named Buzz Krongard. He is currently in the 3rd highest position of authority at the Central Intelligence Agency. He came in with the Bush Administration.


Another coincidence?

FTW, October 9, 2001 – Although uniformly ignored by the mainstream U.S. media, there is abundant and clear evidence that a number of transactions in financial markets indicated specific (criminal) foreknowledge of the September 11 attacks on the World Trade Center and the Pentagon. In the case of at least one of these trades -- which has left a $2.5 million prize unclaimed -- the firm used to place the "put options" on United Airlines stock was, until 1998, managed by the man who is now in the number three Executive Director position at the Central Intelligence Agency. Until 1997 A.B. "Buzzy" Krongard had been Chairman of the investment bank A.B. Brown. A.B. Brown was acquired by Banker’s Trust in 1997. Krongard then became, as part of the merger, Vice Chairman of Banker’s Trust-AB Brown, one of 20 major U.S. banks named by Senator Carl Levin this year as being connected to money laundering. Krongard’s last position at Banker’s Trust (BT) was to oversee "private client relations." 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 money.


Krongard (re?) joined the CIA in 1998 as counsel to CIA Director George Tenet. He was promoted to CIA Executive Director by President Bush in March of this year. BT was acquired by Deutsche Bank in 1999. The combined firm is the single largest bank in Europe. And, as we shall see, Deutsche Bank played several key roles in events connected to the September 11 attacks.


THE SCOPE OF KNOWN INSIDER TRADING


Before looking further into these relationships it is necessary to look at the insider trading information that is being ignored by Reuters, The New York Times and other mass media. It is well documented that the CIA has long monitored such trades – in real time – as potential warnings of terrorist attacks and other economic moves contrary to U.S. interests. Previous stories in FTW have specifically highlighted the use of Promis software to monitor such trades.


It is necessary to understand only two key financial terms to understand the significance of these trades, "selling short" and "put options".


"Selling Short" is the borrowing of stock, selling it at current market prices, but not being required to actually produce the stock for some time. If the stock falls precipitously after the short contract is entered, the seller can then fulfill the contract by buying the stock after the price has fallen and complete the contract at the pre-crash price. These contracts often have a window of as long as four months.


"Put Options," are contracts giving the buyer the option to sell stocks at a later date. Purchased at nominal prices of, for example, $1.00 per share, they are sold in blocks of 100 shares. If exercised, they give the holder the option of selling selected stocks at a future date at a price set when the contract is issued. Thus, for an investment of $10,000 it might be possible to tie up 10,000 shares of United or American Airlines at $100 per share, and the seller of the option is then obligated to buy them if the option is executed. If the stock has fallen to $50 when the contract matures, the holder of the option can purchase the shares for $50 and immediately sell them for $100 – regardless of where the market then stands. A call option is the reverse of a put option, which is, in effect, a derivatives bet that the stock price will go up.


A September 21 story by the Israeli Herzliyya International Policy Institute for Counterterrorism, entitled "Black Tuesday: The World’s Largest Insider Trading Scam?" documented the following trades connected to the September 11 attacks:


- "Between September 6 and 7, the Chicago Board Options Exchange saw purchases of 4,744 put options on United Airlines, but only 396 call options… Assuming that 4,000 of the options were bought by people with advance knowledge of the imminent attacks, these "insiders" would have profited by almost $5 million.


- "On September 10, 4,516 put options on American Airlines were bought on the Chicago exchange, compared to only 748 calls. Again, there was no news at that point to justify this imbalance;… Again, assuming that 4,000 of these options trades represent "insiders," they would represent a gain of about $4 million.


[The levels of put options purchased above were more than six times higher than normal.]


- "No similar trading in other airlines occurred on the Chicago exchange in the days immediately preceding Black Tuesday.


- "Morgan Stanley Dean Witter & Co., which occupied 22 floors of the World Trade Center, saw 2,157 of its October $45 put options bought in the three trading days before Black Tuesday; this compares to an average of 27 contracts per day before September 6. Morgan Stanley’s share price fell from $48.90 to $42.50 in the aftermath of the attacks. Assuming that 2,000 of these options contracts were bought based upon knowledge of the approaching attacks, their purchasers could have profited by at least $1.2 million.


- "Merrill Lynch & Co., with headquarters near the WTC Towers, saw 12,215 October $45 put options bought in the four trading days before the attacks; the previous average volume in those shares had been 252 contracts per day [a 1200% increase!]. When trading resumed, Merrill’s shares fell from $46.88 to $41.50; assuming that 11,000 option contracts were bought by "insiders," their profit would have been about $5.5 million.


- "European regulators are examining trades in Germany’s Munich Re, Switzerland’s Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster." [FTW Note: AXA also owns more than 25% of American Airlines stock making the attacks a "double whammy" for them.]


On September 29, 2001 – in a vital story that has gone unnoticed by the major media – the San Francisco Chronicle reported, "Investors have yet to collect more than $2.5 million in profits they made trading options in the stock of United Airlines before the Sept. 11, terrorist attacks, according to a source familiar with the trades and market data.


"The uncollected money raises suspicions that the investors – whose identities and nationalities have not been made public – had advance knowledge of the strikes." They don’t dare show up now. The suspension of trading for four days after the attacks made it impossible to cash-out quickly and claim the prize before investigators started looking.


"… October series options for UAL Corp. were purchased in highly unusual volumes three trading days before the terrorist attacks for a total outlay of $2,070; investors bought the option contracts, each representing 100 shares, for 90 cents each. [This represents 230,000 shares]. Those options are now selling at more than $12 each. There are still 2,313 so-called "put" options outstanding [valued at $2.77 million and representing 231,300 shares] according to the Options Clearinghouse Corp."


"…The source familiar with the United trades identified Deutsche Bank Alex. Brown, the American investment banking arm of German giant Deutsche Bank, as the investment bank used to purchase at least some of these options…" This was the operation managed by Krongard until as recently as 1998.


As reported in other news stories, Deutsche Bank was also the hub of insider trading activity connected to Munich Re. just before the attacks.


CIA, THE BANKS AND THE BROKERS


Understanding the interrelationships between CIA and the banking and brokerage world is critical to grasping the already frightening implications of the above revelations. Let’s look at the history of CIA, Wall Street and the big banks by looking at some of the key players in CIA’s history.


Clark Clifford – The National Security Act of 1947 was written by Clark Clifford, a Democratic Party powerhouse, former Secretary of Defense, and one-time advisor to President Harry Truman. In the 1980s, as Chairman of First American Bancshares, Clifford was instrumental in getting the corrupt CIA drug bank BCCI a license to operate on American shores. His profession: Wall Street lawyer and banker.


John Foster and Allen Dulles – These two brothers "designed" the CIA for Clifford. Both were active in intelligence operations during WW II. Allen Dulles was the U.S. Ambassador to Switzerland where he met frequently with Nazi leaders and looked after U.S. investments in Germany. John Foster went on to become Secretary of State under Dwight Eisenhower and Allen went on to serve as CIA Director under Eisenhower and was later fired by JFK. Their professions: partners in the most powerful - to this day - Wall Street law firm of Sullivan, Cromwell.


Bill Casey – Ronald Reagan’s CIA Director and OSS veteran who served as chief wrangler during the Iran-Contra years was, under President Richard Nixon, Chairman of the Securities and Exchange Commission. His profession: Wall Street lawyer and stockbroker.


David Doherty - The current Vice President of the New York Stock Exchange for enforcement is the retired General Counsel of the Central Intelligence Agency.


George Herbert Walker Bush – President from 1989 to January 1993, also served as CIA Director for 13 months from 1976-7. He is now a paid consultant to the Carlyle Group, the 11th largest defense contractor in the nation, which also shares joint investments with the bin Laden family.


A.B. "Buzzy" Krongard – The current Executive Director of the Central Intelligence Agency is the former Chairman of the investment bank A.B. Brown and former Vice Chairman of Banker’s Trust.


John Deutch - This retired CIA Director from the Clinton Administration currently sits on the board at Citigroup, the nation’s second largest bank, which has been repeatedly and overtly involved in the documented laundering of drug money. This includes Citigroup’s 2001 purchase of a Mexican bank known to launder drug money, Banamex.


Nora Slatkin – This retired CIA Executive Director also sits on Citibank’s board.


Maurice "Hank" Greenburg – The CEO of AIG insurance, manager of the third largest capital investment pool in the world, was floated as a possible CIA Director in 1995. FTW exposed Greenberg’s and AIG’s long connection to CIA drug trafficking and covert operations in a two-part series that was interrupted just prior to the attacks of September 11. AIG’s stock has bounced back remarkably well since the attacks. To read that story, please go to http://www.copvcia.com/free/ciadrugs/part_2.html.


One wonders how much damning evidence is necessary to respond to what is now irrefutable proof that CIA knew about the attacks and did not stop them. Whatever our government is doing, whatever the CIA is doing, it is clearly NOT in the interests of the American people, especially those who died on September 11.

It should be obvious that the ACCOUNTS used to execute the suspect trades, and the people behind them, are probably far more important than WHICH FIRM was used. If they had used Morgan Stanley for the trades, or any of a host of others, would it have mattered? Who made the trades??? Who are their backers? That's what probably matters most.


Also, the Presidents and CEOs of most really large banks and trading firms probably have plenty of political and government connections somewhere--it's the nature of people in positions of high power in business to hobnob and form friendships and subtle alliances...that's what politicking and Washington cocktail parties are all about, and of course that's how some of them got their positions anyway;-). So the fact that some of these guys had some sort of ties to people with some sort of involvement in government intelligence circles is not necessarily highly significant.


If you want to try to track down who had foreknowledge of 9/11 and tried to profit thereby, track the money itself...who made the trades...who were they a front for (if anyone).


Also it is common knowledge in commodity trading circles that intelligence information has a definite relation to worldwide trading. The Soviets were especially good at this aspect of trading. There are also highly sophisticated devices which intercept things such as keystrokes on a computer via radio waves...trojan keyloggers are not necessary if the right equipment is set up nearby. Cryptography plays a major role nowadays.


Actually a realand different area of concern IMO is recent government attempts to gain control over the rights of cryptography firms to sell/distribute advanced cyptographical encoding schemes. Some government folks think the govt. should legally have access to the keys to ALL internet encoded transmissions...which would mean you couldn't be sure your secure transmissions were private (such as when ordering by credit card)...and I vaguely remember reading that in some countries (England perhaps is one) that the government already does have access to all these keys. However England is riodiculous when it comes to lack of privacy...what are these people thinking? The US Constitution has probably the best safeguards in the world for civil liberties, human rights, rights to privacy, etc....but we need to be vigilant because these rights have been under attack lately. In practice it's no big deal usually, BUT....as goverrnment gains more and more power, more corrupt people emerge in government who abuse these powers. At the far end of the spectrum is the police state where the biggest criminals are in government...drawn there by the intoxication and profits of wielding such massive powers. Fortunately we are not there yet, but balanced vigilance is still important. One example of truly unconstitutional laws are seizure and forfeiture laws...if they do not represent unreasonable search and seizure, I don't know what does. Imagine having to prove ownership to get your money or your house back. The presumption of innocence must not be eroded in our society and these laws do precisely that.

it is obvious you have an agenda so i wonder if your opinion is just a little biased.


with regard to the election, your boy algore got to choose which counties to recount, got to choose how to recount, which ballots were counted and had an election board in his hip pocket and STILL lost. he tried to steal the election and lost. live with it. or maybe you, alec baldwin and barbra streisand can move to canada like they threatened. too bad they didnt keep their campaign promises.


Pat

The guy makes Bill Clinton look like a saint. Since we are very close to military dictatorship now, I'll conform and say God Bless America. I hope that he uses this ooportunity to smash Saddam. It might be worth 3000 lives if it saves 3 million later.

I don't have an agenda. The truth is the election was coup d' etat. Jeb Bush had Katherine Harris remove 250,000 Blacks from the rolls for being felons. Less than 20 actually were. They didn't tell anyone about it until election day. The military ballots were doctored in several counties. Dade county had 20,000 ballots exchanged by intelligent voters because the ballots had already been punched for Bush, How many weren't exchanged?


It's unfortunate that the country has to live with brown shirts. You obviously have an agenda and wear brown regularly.