ENRON Tried to profit from 9/11 stock trades?

[Cronus Protagonist]

http://www.ez-websites.com/grudge/

SMOKING GUN BURIED DURING CALIFORNIA RECALL VOTE!

On October 7 while the eyes of America were fixed on the California Recall vote the Securities and Exchange Commission quietly announced it was closing its investigation of suspicious stock trades connected to 911. The SEC's reason for closing the investigation can best be summed up as "What insider trading?".

-snip-

* Morgan Stanley Dean Witter & Co., which occupied 22 floors of the World Trade Center, saw 2,157 of its October $45.00 put options bought in the three trading days before Black Tuesday; this compares to an average of 27 contracts per day before September 6.

* Merrill Lynch & Co., with headquarters near the Twin Towers, saw 12,215 October $45.00 put options bought in the four trading days before the attacks; the previous average volume in these options had been 252 contracts per day.

The CIA routinely monitors stock trades looking for exactly these kinds of suspicious transactions. The fact that these trades failed to sound any alarms is in itself suspicious as the bank which was the trading hub has a man inside the Agency. That man is CIA Executive Director “Buzzy” Krongard and the bank is Deutsche bank.

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More at Grudge's site on Deutsche bank and the Nazi/BFEE connection.

Grudge has got me wondering if ENRON was the company that placed these options, intending to use the money to bail itself out. We LIHOP/MIHOP theorists agree that the BFEE knew in advance what was going to happen, and certainly the connection of the BFEE to ENRON is clear, real and personal (see http://bushspeaks.com/home.asp?did=71 for a personal letter from George to Ken Lay, for example).

Is it too much to think that the highest echelons of ENRON, with their close personal ties to the BFEE, knew about the impending terrorist act and intended to profit from it by making all these anonymized stock options? And why didn't the benefectors show up to collect their winnings? Could it be because by then, ENRON/Anderson had other troubles and no way to collect without blowing the LIHOP/MIHOP cover?

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[On the Road]

1. That's an Interesting Theory

I wouldn't dismiss it, but remarkable claims need remarkable evidence.

I can't believe they quietly buried this investigation. I mean, these profitable trades were ABANDONED after the markets reopened. That is a smoking gun that the buyers had guilty knowledge of the attacks.

I can accept that the people buying the puts cannot be identified. But the LEAST I would have wanted to hear is that the trades were made by x, a shell corporation based in the Cayman Islands, founded by John Doe (a false name).

The fact that this was buried quietly without this kind of information could be accounted for if the trades were placed by Enron or another identifiable company.

[Cronus Protagonist]

2. It's the abandonment that puzzles me the most

Why not collect if you paid for the options? Makes me wonder no end....

Click Here To See Fair & Balanced Buttons, Stickers & Magnets

[On the Road]

3. The Abandonment I Understand

If you bought shorts, you would have expected to make an immediate killing, and cash out the shorts late in the day on Sept 11. There was so much chaos that the perpetrators would have had no concern about being caught.

However, the markets were closed for three days. When they reopened, whoever was behind these trades was evidently worried about being caught or tracked down. They evidently could not find a way to get their hands on the money with assurance of anonymity. That's why they were abandoned.

Actually, maybe the abandonment gives a hint about the kind of person or organization who made the trades. The amount of money left on the table (I seem to remember $25M in profits?) was so great that a regular individual or a shadowy group like Al-Quaida might have taken an extraordinary risk. An extremely rich person or a large organization would be more likely to leave the money on the table to preserve anonymity.

[DUreader]

4. Would the profits have been enough to bail out Enron

I don't recall these options being worth billions

[cthrumatrix]

5. there were more trades (put options) gainst the airlines...of course

it makes it look bad...there is a money trail...however you can only follow money soo long before you are "stopped"...

the question is...who stopped them or lets' just have an opne hearing on the whole thing


they won't do it.

[htuttle]

6. Has anyone, anywhere ever known a broker or a bank...

...that would handle trades/transactions of $25 million dollars ANONYMOUSLY, without so much as a contact phone number?

No.

How did they pay for the shorts? A big bag of cash?

They know who bought them. I'm sure of it.