Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Want a BIG SCOOP? Check yesterdays puts & calls placed on the following:

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
 
elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 07:53 PM
Original message
Want a BIG SCOOP? Check yesterdays puts & calls placed on the following:
Big 3 airline stocks
P&G
Unilever

etc.


If there's any fluctuation in normal volumne...uh oh. Amd let's get on it before the trades settle next week.

Just sayin'.

Printer Friendly | Permalink |  | Top
electron_blue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 07:55 PM
Response to Original message
1. are you saying everyone else knew about it but us?
Printer Friendly | Permalink |  | Top
 
elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 07:59 PM
Response to Reply #1
3. I'm suggesting that if anybody DID and they placed BETS on it
Edited on Thu Aug-10-06 07:59 PM by elehhhhna
yesterday (or Tuesday...or Monday...) wouldn't NOW be the time to look into it? And wouldn't we LOVE to know WHO placed them?

Options were placed against AA & UAL on 9/10/01. For BIG money.
Printer Friendly | Permalink |  | Top
 
htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 07:58 PM
Response to Original message
2. Brian Williams said he and his family flew to London yesterday
Edited on Thu Aug-10-06 07:59 PM by htuttle
The Bush administration already admitted that this plot had been known about by US officials for several weeks. I wouldn't be surprised if they placed a few calls yesterday to their homies and syncophants so that everything would be ready today on schedule. And would make them a few bucks in the process, too.

And that's not a conspiracy theory (except for the insider trading). That's just stagecraft.

Printer Friendly | Permalink |  | Top
 
sce56 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:01 PM
Response to Original message
4. Not being stock savy pleas show us a link to sites that display that data
The Politics of fear republicans want you to be afraid very afraid!
Printer Friendly | Permalink |  | Top
 
elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:03 PM
Response to Reply #4
5. Hey if I was that savvy I'd have found it already!
Printer Friendly | Permalink |  | Top
 
Iwasthere Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:03 PM
Response to Reply #4
6. I also want to see who
Where can we get that info?
Printer Friendly | Permalink |  | Top
 
elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:10 PM
Response to Reply #6
7. CBOE. I have NO good contacts in Chicago Fin. Mkts., anymore.
ANYBODY?
Printer Friendly | Permalink |  | Top
 
Realityhack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:14 PM
Response to Reply #4
8. I always thought...
they should fund more begals for law enforcement. Cute little dogs that can smell the explosives/drugs/vegies. Keep the war dogs for situations where you might actualy turn them lose (crouded airport NOT one of those situations).
Printer Friendly | Permalink |  | Top
 
left is right Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:46 PM
Response to Reply #8
14. I own a beagle pup-cute, absolutely
but without a doubt the meanest, most vicious pet I have ever owned. He is constantly nipping at me. He is unruly and hard to train/control. The airport crowds are far safer with those bigger scary-looking dogs
Printer Friendly | Permalink |  | Top
 
Clark2008 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:49 PM
Response to Reply #8
15. They use cocker spaniels for that a lot now-a-days.
And there's nothing more precious than a cocker. :7

Printer Friendly | Permalink |  | Top
 
Realityhack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-11-06 03:31 PM
Response to Reply #15
16. I love cockers.
I grew up with one.

I just said begal because I saw some footage of one doing inbound inspections for contraband once. Basicaly any smaller cute dog.

Obviously they still need all of the same training etc. But I would rather see them use something a little less intimidating.
Printer Friendly | Permalink |  | Top
 
Realityhack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:15 PM
Response to Original message
9. are you actively Trying to start a conspiracy theory?
Seems you are posting this as if it IS a big scoop when you don't even have the data.
Printer Friendly | Permalink |  | Top
 
elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:19 PM
Response to Reply #9
12. Are you trying to quash an important queston? Did you see the
big, fat Question mark in the thread title?

If I wanted to start a consiracy theory I'd certainly do better than this. Wouldn't be the first time.
Printer Friendly | Permalink |  | Top
 
karlrschneider Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:16 PM
Response to Original message
10. Look in LBN. I forget who but a DUer usually has a Stock Market
thread in there and the people who post in it are pretty knowledgable. (I'm not)
Printer Friendly | Permalink |  | Top
 
Jazz2006 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:18 PM
Response to Original message
11. Send it to Jason Leopold...
I'm sure he'll have fun with it.

Printer Friendly | Permalink |  | Top
 
elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-10-06 08:21 PM
Response to Reply #11
13. har dee har har. if this was know to the WH on Sunday,
let's see if it leaked. To anyone. From anyone. Including the Bin Laden Group, etc.
Printer Friendly | Permalink |  | Top
 
QuestionAll... Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-11-06 03:35 PM
Response to Original message
17. btw, any more info on the stock activity on the airlines...
just before 911? first rush of news was that it was Bin Laden...
last I heard that it was either 'confidential' or, it is an unknown who bought/sold/traded what - dunno, and not to be revealed.

ya right.
Printer Friendly | Permalink |  | Top
 
sce56 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-12-06 05:44 AM
Response to Reply #17
18. Suppressed Details of Criminal Insider Trading Lead Directly into the CIA
Suppressed Details of Criminal Insider Trading Lead Directly into the CIAs Highest Ranks
CIA Executive Director Buzzy Krongard managed firm that handled PUT options on United Airline Stock
by Michael C. Ruppert

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 Bankers Trust in 1997. Krongard then became, as part of the merger, Vice Chairman of Bankers Trust-AB Brown, one of 20 major U.S. banks named by Senator Carl Levin this year as being connected to money laundering. Krongards last position at Bankers 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 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 Worlds 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.

-

- 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 Stanleys 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 Twin 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 . When trading resumed, Merrills 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 Germanys Munich Re, Switzerlands Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster.

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 dont 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. . Those options are now selling at more than $12 each. There are still 2,313 so-called put options outstanding 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. Lets look at the history of CIA, Wall Street and the big banks by looking at some of the key players in CIAs 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 Reagans 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 Bankers Trust.

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

Nora Slatkin This retired CIA Executive Director also sits on Citibanks 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 Greenbergs and AIGs 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. AIGs stock has bounced back remarkably well since the attacks. To read that story, please go to
http://www.copvcia.com/stories/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.

< COPYRIGHT, 2001, Michael C. Ruppert and FTW Publications, www.copvcia.com . All Rights Reserved. May be reprinted or distributed for non-profit purposes only.>




Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Nov 28th 2014, 06:43 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC