THE HANDSTAND

NOVEMBER 2005

 

SECRET PROBE OF STOCK DEALINGS BEFORE 9/11
http://tbrnews.org/Archives/a048.htm


Between August 26 and September 11, 2001, a group of speculators, identified by the American Securities and Exchange Commission as Israeli citizens, sold "short" a list of 38 stocks that could reasonably be expected to fall in value as a result of the pending attacks. These speculators operated out of the Toronto, Canada and Frankfurt, Germany, stock exchanges and their profits were
specifically stated to be "in the millions of dollars."

Short selling of stocks involves the opportunity to gain large profits by passing shares to a friendly third party, then buying them back when the price falls. Historically, if this precedes a traumatic event, it is an indication of foreknowledge. It is widely known that the CIA uses the Promis software to routinely monitor stock trades as a possible warning sign of a terrorist attack or suspicious economic behavior.  A week after the Sept.11 attacks, the London Times reported that the CIA had asked regulators for the Financial Services Authority in London to investigate the suspicious sales of millions of shares of stock just prior to the terrorist acts. It was hoped the business paper trail might lead to the terrorists. Investigators from numerous government agencies are part of a clandestine but official effort to resolve the market manipulations.  There has been a great deal of talk about insider trading of American stocks by certain Israeli groups both in Canada and Germany between August 26 and the Sept.11 attacks on the World Trade Center and the Pentagon.

Lynne Howard, a spokeswoman for the Chicago Board Options Exchange (CBOE), stated that information about who made the trades was available immediately. "We would have been aware of any unusual activity right away.

It would have been triggered by any unusual volume. There is an automated system called 'blue sheeting,' or the CBOE Market Surveillance System, that everyone in the business knows about. It provides information on the trades - the name and even the Social Security number on an account - and these surveillance systems are set up specifically to look into insider trading.

The system would look at the volume, and then a real person would take over and review it, going back in time and looking at other unusual activity."

Howard continued, "The system is so smart that even if there is a news event that triggers a market event it can go back in time, and even the parameters can be changed depending on what is being looked at. It's a very clever system and it is instantaneous. Even with the system, though, we have very experienced and savvy staff in our market-regulations area who are always looking for things that might be unusual.  They're trained to put the pieces of the puzzle together.
 Even if it's offshore, it might take a little longer, but all offshore accounts have to go through U.S. member firms - members of the CBOE - and it is easily and quickly identifiable who made the trades.  The member firm who made the trades has to have identifiable information about the client under the 'Know Your Customer' regulations (and we share all information with the Securities and Exchange Commission.)"

Given all of this, at a minimum the CBOE and government regulators who are conducting the secret investigations have known for some time who made the options puts on a total of 38 stocks that might reasonably be anticipated to have a sharp drop in value because of an attack similar to the 9/11 episode.

The silence from the investigating camps could mean several things: Either terrorists are responsible for the puts on the listed stocks or others besides terrorists had foreknowledge of the attack and used this knowledge to reap a nice financial harvest from the tragedy.

Adam Hamilton of Zeal LLC, a North Dakota-based private consulting company that publishes research on markets worldwide, stated that "I heard that $22 million in profits was made on these put options..."

Federal investigators are continuing to be very closed-mouthed about these stock trades, and it is clear that a much wider net has been cast, apparently looking for bigger international fish involved in dubious financial activity relating to the 9/11 attacks on the world stock markets. Comment: The Federal investigators KNOW who made these trades.  Either they are not permitted by the Zionist central command in Washington, D.C. to say and do anything about it... or they themselves were in on the take !

Just a month after the attacks the SEC sent out a list of stocks to various securities firms around the world looking for information. The list includes stocks of American, United, Continental, Northwest, Southwest and US Airways airlines, as well as Martin, Boeing, Lockheed Martin Corp., AIG, American Express Corp, American International Group, AMR Corporation, Axa SA, Bank of America Corp, Bank of New York Corp, Bank One Corp, Cigna Group, CNA Financial, Carnival Corp, Chubb Group, John Hancock Financial Services, Hercules Inc, L-3 Communications Holdings, Inc., LTV Corporation, Marsh & McLennan Cos. Inc., MetLife, Progressive Corp., General Motors, Raytheon, W.R. Grace, Royal Caribbean Cruises, Ltd., Lone Star Technologies, American Express, the Citigroup Inc. ,Royal & Sun Alliance, Lehman Brothers Holdings, Inc., Vornado Reality Trust, Morgan Stanley, Dean Witter & Co., XL Capital Ltd., and Bear Stearns.

The Times said market regulators in Germany, Japan and the US all had received information concerning the short selling of insurance, airlines and arms companies stock, all of which fell sharply in the wake of the attacks.

City of London broker and analyst Richard Crossley noted that someone sold shares in unusually large quantities beginning three weeks before the assault on the WTC and Pentagon. He said he took this as evidence that someone had insider foreknowledge of the attacks. "What is more awful than he should aim a stiletto blow at the heart of Western financial markets?" he added. "But to profit from it?  Words fail me."

The US Government also admitted it was investigating short selling, which evinced a compellingly strong foreknowledge of the coming Arab attack. Comment: The Federal government knows full well that no Arab group was responsible for 9/11... Which means that those who made the trades were also those who committed 9/11.  Go figure... There was unusually heavy trading in airline and insurance stocks several days before Sept.11, which essentially bet on a drop in the worth of the stocks.

It was reported by the Interdisciplinary Center, a counter-terrorism think tank involving former Israeli intelligence officers, that insiders made nearly $16 million profit by short selling shares in American and United Airlines, the two airlines that suffered hijacking, and the investment firm of Morgan Stanley, which occupied 22 floors of the WTC.

Apparently none of the suspicious transactions could be traced to bin Laden because this news item quietly dropped from sight, leaving many people wondering if it tracked back to American firms or intelligence agencies.

Comment: Osama bin Laden was seriously ill from kidney failure all of 2001, and he died in December 2001. The probability that he had anything to do with 9/11 is vanishingly small, like 0.000001%. He remains, however, the Fed govt's scapegoat because most Americans get all their news from controlled sources like TV and newspapers and thus are unaware of any of the Internet investigations...

Most of these transactions were handled primarily by Deutsche Bank-A.B.Brown, a firm which until 1998 was chaired by A. B."Buzzy" Krongard, who later became executive director of the CIA. More serious was an article in the Sept. 28, 2001 edition of the Washington Post stating that officials with the instant messaging firm of Odigo in New York confirmed that two employees in Israel received text messages warning of an attack on the WTC two hours before the planes crashed into the buildings !

The firm's vice president of sales and marketing, Alex Diamandis said it was possible that the warning was sent to other Odigo members, but they had not received any reports of such. The day after, the Jerusalem Post claimed two Israelis died on the hijacked airplanes and that 4,000 were missing at the WTC.

A week later, a Beirut television station reported that 4,000 Israeli employees of the WTC were absent the day of the attack.

This information spread across the Internet but was quickly branded a hoax. Note passive tense! Comment: It was branded by the Zionists as a hoax. In fact, the report was truthful.

On Sept. 19, the Washington Post reported about 113 Israelis were missing at the WTC and the next day, President Bush noted more than 130 Israelis were victims. Finally, on Sept. 22, the New York Times stated "There were, in fact, only three Israelis who had been confirmed as dead: two on the planes and another who had been visiting the towers on business and who was identified and buried."

Investigators from numerous government agencies are part of a clandestine but official effort to resolve the market manipulations. (Translation: They are trying to hush up the entire affair or pass it off onto a scapegoat. The entire trading history is known.)  There has been a great deal of talk about the insider trading of American stocks by certain Israeli groups both in Canada and Germany between August 26 and the Sept.11 attacks on the World Trade Center and the Pentagon.

Government investigators have maintained a diplomatic silence about a Department of Justice (DOJ) probe of possible profiteering by interested parties with advance knowledge of the attack. (Translation: The Chosen absolutely "CAN NOT" be rightly named as the guilty parties!)

On Sept. 6, 2001, the Thursday before the tragedy, 2,075 put options were made on United Airlines and on Sept. 10, the day before the attacks, 2,282 put options were recorded for American Airlines. Given the prices at the time, this could have yielded speculators between $2 million and $4 million in profit.

The matter still is under investigation and none of the government investigating bodies -including the FBI, the Securities and Exchange Commission (SEC) and DOJ -are speaking to reporters about insider trading. Even so, suspicion of insider trading to profit from the Sept. 11 attacks is not limited to U.S. regulators. Investigations were initiated in a number of places including Japan, Germany, the United Kingdom, France, Luxembourg, Hong Kong, Switzerland and Spain. As in the United States, all are treating these inquiries as if they

were state secrets.


Former Vietnam Combat and Commercial Pilot Firm Believer 9/11 Was Inside Government Job By Greg Szymanski   There was no fooling former Air Force and commercial pilot Russ Wittenberg the morning of 9/11. He knew it was an inside job from the get-go, knowing the ‘big boys’ were up to the same dirty tricks they played in the Kennedy assassination and Pearl Harbor.   The government may have fooled millions of Americans with its cockamamie official story, but the former fighter pilot who flew over 100 combat missions in Vietnam and who sat for 35 years in the cockpit for Pan Am and United, wasn’t one of them.   Now, almost four years later, Wittenberg is still shaking his head in disbelief more than ever, saying the country he loved and fought so bravely 40 years ago has fallen in the deep, dark and sinister hands of fascist leaders who are quickly turning America into a military state.   Although back in the beginning he seemed like a lone wolf in the hen house, he’s noticed, especially in the last six months, more Americans waking up to the cold reality that the U.S. government staged 9/1l, started an illegal war in Iraq and basically is criminally responsible for killing hundreds of thousands of innocent lives here and abroad.  

Even though it’s a hard pill for some to swallow, Wittenberg says Americans need to “wake up and wake up fast,” holding those in government responsible even though it may mean a total makeover of the American political system.   And for these despicable actions now taking place in the name of freedom, the former F-100 Vietnam fighter pilot, who knows what it’s like to be in harms way, directed a little military jab toward the Commander and Chief, saying: “Oh, why doesn’t he wake up and just fall on his sword.”  

Talking about his obvious disgust for the Bush administration, he bundles 9/11 into the neo con’s “neat little contrived war package,” saying it was the lynch pin needed to usher in a state of constant fear, a climate of war and a perfect setting for the unconstitutional Patriot Act and eventual martial law.
  “If you would have told me back in the 1970s this was going to happen to America, I would have never imagined it. It’s just not the same country I grew up in as all our Constitutional freedoms are being stripped away right before our very eyes,” said Wittenberg in a telephone conversation from his home in Carefree Az., a picturesque and serene place on the map near Scottsdale.   “The government story they handed us about 9/11 is total B.S. plain and simple. I also thoroughly went over the recent 9/11 Commission report, finding about 110 outright lies and numerous other half-truths and omissions in an obvious cover-up of not only the truth but of a criminal investigation.   “Condaleeza Rice lied through her teeth when she testified and if I would have had her on the stand for 10 minutes, I would ! have had her in tears.”  

Concerning 9/11, Wittenberg knew right off the bat the hijackers - who couldn’t handle a Piper Cub - couldn’t fly the ‘big birds” he flew for so many years, knowing the planes were also incapable of performing such high speed maneuvers as the government claimed.   He also knew the possibility of jet fuel bringing down the towers made no sense. In fact, he knew the whole 9/11 story made about as much sense as crossing the Atlantic in a row boat.   And right after 9/11 when it was unpopular and considered almost treasonous to question the government, Wittenberg became the first commercial airline pilot with experience flying the jets used in 9/11 to publicly denounce the government story.  
Although speaking publicly on many occasions about the fictitious government account of 9/11, it wasn’t until Sept. 16, 2004, his controversial remarks aired on Wing TV, sparking a heated debate among pilots and others clinging to the flimsy government account.   Knowing the flight characteristics of the “big birds” like the back of his hand, Wittenberg convincingly argued there was absolutely no possibility that Flight 77could have “descended 7,000 feet in two minutes, all the while performing a steep 270 degree banked turn before crashing into the Pentagon’s first floor wall without touching the lawn.”   Wittenberg claimed the high speed maneuver would have surely stalled the jetliner sending it into a nose dive, adding it was “totally impossible for an amateur who couldn’t even fly a Cessna to maneuver the jetliner in such a highly professional manner, something Wittenberg said he couldn’t do with 35 years of commercial jetliner experience.

  “For a guy to just jump into the cockpit and fly like an ace is impossible – there is not one chance in a thousand,” said Wittenberg, recalling that when he made the jump from Boeing 727’s to the highly sophisticated computerized characteristics of the 737’s through 767’s it took him considerable time to feel comfortable flying.   “I had to be trained to use the new, computerized systems. I just couldn’t jump in and fly one,” he added.   Finding more inconsistencies with the government story about Flight 77, Wittenberg recalled the recent statements made by a flight controller on an ABC 20/20 television program three months ago.   “If you listened to her carefully only an experienced pilot probably would have known that what she was saying was scripted,” said Wittenberg. “Remember the transponder was turned off on Flight 77 and when this occurs, all the particular flight data like air speed and even the plane’s flight identification goes with it.   “All that’s left on the controller’s screen is a green blip, that’s it. But here you have this flight controller on 20/20 saying she was tracking the fli! ght with specific air speed and other coordinates which was totally impossible once the transponder was turned off. How would she even have known the flight number? The whole story is a pack of lies and this is just another example.”  

And from the moment Wittenberg called attention to the lies, he’s been in the cross hairs defending his story, defending it by using a little bit of psychology, a lot of history and asking critics to answer questions before drawing conclusions.
  “I’ve learned over the years, it’s hard to change anybody’s mind when they really aren’t listening,” said Wittenberg. “So, I just decided to fire back a lot of questions to those people who believe the government story.   “I ask them explain how Building No.7 collapsed? I ask them why haven’t the “black boxes” been recovered? I ask them to explain how jet fuel – fuel that burns cold not hot -- could bring down two high rise structures when more th! an 90% of the fuel on board burned outside the buildings?”   And Wittenberg has hundreds of other tough questions ready, but said it’s also important to put 9/11 and the Iraq war in a historical prospective.  

“Is 9/11 and the phony war on terror any different or more serious than Pearl Harbor and World War II?,” asks Wittenberg. “The bottom line is all wars are contrived and it is these rich bankers and financiers who have pulled the strings and who have put these contrived events like 9/11 and Pearl Harbor into motion.”   Turning to the recent London bombings, Wittenberg said he’s tired of the “talking heads’ trying to analyze how to counter terror when “the real cause and effect issues” about the root problems with America and the world are being ignored.   “It’s simply bizarre. Maybe our one-sided foreign policy that keeps getting us into all this trouble around the world should be seriously questioned,” said Wittenberg. “If we are really fighting terror, why are our borders just to the south completely wide open? It’s a joke.”

Claiming the entire neo con scenario now playing out in America and around the world is based on the attempt to establish a one world government controlled by a select few, he said it’s difficult to figure out their true motives, adding he can only offer an educated guess based on what he’s studied and read.
  “Power corrupts, money isn’t enough and these people want total control,” added Wittenberg. “These elites actually think they are better than everybody else and basically want power and control over the diminishing resources by creating a one world government.   Regarding another terror attack on American soil coming on the heels of the London bombings, he said “it’s not if but when,” claiming the unconstitutional Patriot Act is waiting in the wings to silence those Americans who may not fall in line with the government’s eventual takeover.   “They passed it for a reason. The problem with our two party system is that the same group of gangsters controls both parties,” said Wittenberg, who didn’t vote for Bush or Kerry in the last election and was the former Arizona state chairman for Pat Buchanan’s failed presidential run in 2000.  

Although Wittenberg remains politically active and abreast of world affairs, he has left the political forefront, trying instead to raise public awareness about the danger of the neo con agenda.   “More people are listening now, but it doesn’t surprise me that still a lot of people just don’t want to get involved, thinking things are just fine in America,” he added. “These people are perfectly content to play golf, watch the ballgame and not get involved.”   Wittenberg, who retired the day before 9/11 having a strange and unexplainable premonition, said high gas prices have led him to sell h! is private plane, saying it was getting too expensive to even “fly for fun’ anymore.