| The early SEC
investigation has revealed the put buys go back to august & about $3.5
Mil was made on UA & American. Key is that other sector airlines
were not similarly shorted. It has been reported that most of the
hijacker tickets were bought via a commonly issued credit card yet
unnamed. Investigative journalism in canada leads to a muslim
cell in germany with lebanese ties, not Afghani.
Freddy H>
Sharefin wrote:
"So there is an inextricable and
unavoidable relationship between CIA and Wall Street."
http://www.onlinejournal.com/Special_Reports/Ramares-Faulkner101701/ramares-faulkner101701.html
RUPPERT: Herzliyah, International Policy
Institute in Israel which tracks counter-terrorism, also tracks
financial trading. That's a clear cut sign about how closely the two are
related. And their reports are very clear that between September 6 and 7
the Chicago Board Options Exchange, CBOE, saw purchases of 4,744 put
options on UAL, but only 396 call options. On September 10, the day
before the attacks, 4,516 put options were placed on American Airlines,
against only 748 calls, calls being bets that the stock will go up, puts
being that the stock will go down. No similar trading in any other
airlines occurred on the Chicago Exchange in the days immediately
preceding Black Tuesday. That means that someone had advance knowledge
that only the stocks of these two airlines would be adversely impacted.
Had it just been an industry-wide slump, then you would have seen the
same kind of activity on every airline, not just these two. But what is
also very anomalous, very out of whack here, is the fact that the number
of put options placed, that the level of these trades was up by 1,200
percent in the three days prior to the World Trade Center
attacks.
RAMARES: Give us a brief overview,
really, of the connections between the CIA and the banking and
investment community. Your article suggests there is a revolving door
between Wall Street and the CIA.
RUPPERT: Oh, indeed there is. First of
all, it's very important to note right up front that European
investigators, who are tracking trades in the insurance companies, as
well as the Israeli institute, have disclosed that the UAL put options
were primarily held by Deutsche Bank-A.B. Brown. And its very important
to note that the current Number Three at CIA, the Executive Director, a
man by the name of A.B. "Buzzy" Krongard, was, until 1998, the chairman
of A.B. Brown. The company went from being owned by Banker's Trust to
being owned by Deutsche Bank. But this is a man effectively running CIA,
who came from the bank that handled the trades.
Historically speaking, we go back to
1947, we look at Clark Clifford, who wrote the National Security Act, in
1947. He was a Wall Street banker, and a lawyer from Wall Street. He was
the chairman of First American Bancshares that brought BCCI onto US
shores in the late 1980s. He was given the design for the CIA by John
Foster and Allen Dulles, two brothers: John Foster becoming Secretary of
State, Allen becoming director of Central Intelligence, who was fired by
John Kennedy. They were partners in what is until this day the most
powerful law firm on Wall Street: Sullivan Cromwell. Bill Casey, the
legendary CIA director from the Reagan/Iran Contra years, had been
chairman of the Securities and Exchange commission under Ronald Reagan.
He, in fact, was a Wall Street lawyer and a stockbroker. I've already
mentioned Dave Doherty, the Vice President of NYSE [New York Stock
Exchange] who is the retired CIA general counsel. George Herbert Walker
Bush is now a paid consultant to the Carlyle Group, the 11th
largest defense contractor in the nation, very influential on Wall
Street. "Buzzy" Krongard is there. John Deutsch, the former CIA
director, who retired a couple of years ago, a few years ago, is now on
the board of Citibanc or Citigroup. And his number three, Nora Slatkin,
the Executive Director at CIA is also at Citigroup. And Maurice "Hank"
Greenburg, who is the chairman of AIG insurance, which is the third
largest investment pool of capital in the world, was up to be the CIA
director in 1995 and Bill Clinton declined to nominate him. So there is
an inextricable and unavoidable relationship between CIA and Wall
Street.
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