Posted on 12/04/2023 3:11:30 PM PST by DFG
Investors linked to Hamas may have reaped massive financial windfalls from the Oct. 7 terrorist attacks, according to a pair of prominent US researchers — who discovered major bets against stocks of Israeli companies that were placed during the weeks leading up to the massacre.
In an explosive report published Monday titled “Trading on Terror?,” law professors Robert Jackson Jr. of New York University and Joshua Mitts of Columbia University detailed suspicious stock trading activity that has since sparked a probe by Israeli authorities.
In one shocking example cited in the the 67-page paper, an unidentified trader shorted 4.43 million shares in Israel’s largest bank, Leumi, between Sept. 15 and Oct. 5 — resulting in a nearly $900 million profit after Israel’s economy ground to a halt amid the war in Gaza.
So-called “short sellers” place complex bets against stocks that pay off when the stocks fall. Jackson, a former Securities and Exchange Commission member, and Mitts, a short-selling expert, concluded that the short sellers were likely linked to Hamas.
“Although we see no aggregate increase in shorting of Israeli companies on US exchanges, we do identify a sharp and unusual increase, just before the attacks, in trading in risky short-dated options on these companies expiring just after the attacks,” Jackson and Mitts wrote.
The duo cited transactions made on the Enterprise Investment Scheme (EIS), a security traded on the New York Stock Exchange that gives investors exposure to Israeli exchange-traded funds through the MSCI Israel ETF.
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(Excerpt) Read more at nypost.com ...
Obviously Soros was mentoring them to set up the trades, then manipulate the markets with the attack.
How very....Soros of them.
Is this something discovered with the benefit of 20/20 hindsight, or should this have raised a red flag prior to 10/7?
The Big Guy wants his 10%!
Biden + Iran = Hamas reaps financial windfall
Don’t hold your breath. We’re still waiting to find out who made a killing by shorting stocks in the two or three days prior to 9/11. “Journalists” won’t touch that story.
What if “he/she” is Israeli?
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