9-11 Insider Traders: Why don't we know who they are—or more importantly—why don't we care?

Sierre Times ^ | 4/14/2003 | Micahel Gaddy

[JohnGalt]

...

[Brad’s Gramma]

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[justshutupandtakeit]

Thanks for posting this. I was just wondering the other day what had happened to this investigation.

[headsonpikes]

A few things don't smell right; I hope there's no cover-up.

[optik_b]

This is a huge part of the 9/11 story for me. Those who profited and bankrolled 9/11. Why we didnt do more to go after the ultra-wealthy Saudi Bin Laden clan is a bit odd. I would like to see the entire Bin Laden family wiped out.

[theDentist]

Tin-Foil Hat Alert!

[JohnGalt]

Cover-up implies it was not done out in the open.

Iraq began as revenge for 9/11 but morphed into 'Iraqi freedom' where we celebrate the 'liberation' of the oppressed Iraqi people. It was merely a case of redirecting the short attention span of Americans.

[kinghorse]

I hate to say this but the most aggressive short fund running at the time of the attack was the firm that was wiped out except for their CEO. Can't think of the name but you all remember it. Wouldn't it be evil genius to have blinded business people with the potential for unlimited windfall and then have those very people eliminated along with the proof of complicity. I am not alleging anything, but it would make for a great movie.

[JohnGalt]

Do you believe that Saddam played a role in 9/11 or did you cease caring with the thrill of regime change for the Iraqi people?

[lilylangtree]

Good article. Thanks for the posting.

[Trailerpark Badass]

Do you believe that Saddam played a role in 9/11 or did you cease caring with the thrill of regime change for the Iraqi people?

Speaking of morphing, when did the war on international terrorism become a war of retribution for 9/11?

I must have missed that one with my short attention span.

[Djarum]

This has been on my mind since I first heard of it. Thanks for the post.

[Frumious Bandersnatch]

I thought that buying an uncovered put contract was selling short. If it is covvered, it is a hedge. However, I'm confused by the way the author uses "put options" in the article. Typically, a put or call contract is for 100 shares of stock. So are they saying that they had bought 2,000+ put contracts, or one contract to buy 2,000+ shares? In the first instance, it appears that the total option count would be around 200,000+ shares. This means that for every $1.00 drop from the strike price, there would be a corresponding $200,000+ profit.

[kinghorse]

Imagine a situation where one greedy brokerage would take a call from a very wealthy ME magnate that there was good information an attack would take place which would shake the markets to their collective foundations. Set up the shorts and wait only to find out the catastrophe involved erasing the very firm involved in the conspiracy. Cold irony.

I may indulge my creative side and write a screenplay.

[Calpernia]

Some more good insite on the insider trading: http://www.unansweredquestions.net/timeline/popups/010806b.html

[GovernmentShrinker]

Cantor Fitz?

[L,TOWM]

That's them...

[APBaer]

I was very interested in the story when it came out.
But I recall that investigations were carried out and the transactions were traced and found to be unconnected with one another, and either commercial or legitimate investment flows.

[RISU]

"911" = "emergency"

"75 times normal puts" = "making big money"

"Smart" is knowing what doors to leve open to guaratee a burgler.

"Hidden" and "powerful" is what Dudes are that need to shock the people back into submission with the money making machine.

I am still wondering who the real murderers are? Atre they the ones that pulled the trigger, or those that benefited from the aftermath?