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PROFITS OF DEATH -- INSIDER
TRADING AND 9-11
by Tom Flocco – Edited by Michael C. Ruppert Original Link: http://www.fromthewilderness.com/free/ww3/12_06_01_death_profits_pt1.html [© Copyright 2001. From The Wilderness Publications, www.copvcia.com. All Rights Reserved. May be recopied, distributed or posted on the worldwide web for non-profit purposes only.] FTW, December 6, 2001 -- On October 9th, FTW broke a story on insider trading connected to the 9-11 attacks on the World Trade Center that sparked worldwide controversy. In that story we reported how the Israeli Herzliyya Institute for Counterterrorism had documented that unknown individuals -- with accurate foreknowledge of the attacks -- had purchased an obvious and unusually large number of “put” options on United and American Airlines shortly before the attacks. Additional companies hit hard by the insider trading included Axa Re(insurance) and Munich Re as well as American investment giants Merrill Lynch and Morgan Stanley. Put options are essentially a bet that a stock’s price will fall abruptly. The seller, having entered into a time-specific contract with a buyer, does not need to own the actual shares at the time the contract is purchased. Therefore, if a holder of the put option has a contract to sell a stock such as American Airlines for (e.g.) $100 a share on a Friday and the stock falls to $50 on Wednesday, they can purchase the stock, sell it on Friday and double their money. The person on the other end of the contract (the call) has an obligation to buy the shares at the agreed upon price. The bank handling the transaction as a broker is the only entity knowing the identities of both parties. FTW also revealed that the A.B. Brown (Alex Brown) investment arm of the banking giant Deutschebank/A.B. Brown had been headed until 1998 by the man who is now the Executive Director of the Central Intelligence Agency – A.B. “Buzzy” Krongard. In fact, Krongard is but one name in a long history of CIA interconnections to stock trading and the world’s financial markets. We also discussed, in detail, the evidence indicating that the CIA and other intelligence agencies monitor stock trading in real time for the purpose of identifying potential attacks of any nature that might damage the U.S. economy. The original FTW story is located at: http://www.copvcia.com/stories/oct_2001/krongard.html. Critics of FTW’s initial story - not having read any of five related stories dating back to an October 2000 piece on PROMIS software - claimed that we had not made the links to establish culpability. But we knew that the links were there, that our case was solid, and that new evidence would not go undiscovered for long. Now, investigative reporter Tom Flocco digs deep and strikes pay dirt in a three-part series that reveals not only deeper links between the CIA, Wall Street and the insider trades of 9-11, but also discloses that a key executive at Deutschebank – an American – became, just weeks before the attacks, a convicted felon. His crime: conspiracy to launder drug money to arrange the purchase of U.S. weapons – in association with two Pakistanis who also attempted to acquire nuclear bomb components – for use by Islamic fundamentalist terrorists. – MCR CIA Does Not Deny Stock Monitoring Outside U.S. (Part I in a series) In a returned phone call from the Central Intelligence Agency, press spokesman Tom Crispell denied that the CIA was monitoring "real-time," pre-September 11, stock option trading activity within United States borders using such software as the Prosecutor‘s Management Information System (PROMIS). "That would be illegal. We only operate outside the United States," the intelligence official said. However, when asked whether the CIA had been using PROMIS beyond American borders to scrutinize world financial markets for national security purposes, Crispell replied, "I have no way of knowing what operations are [being affected by our assets] outside the country." Extensive media reporting confirms that investors at Deutschebank-Alex Brown and other global financial entities may have profited from prior knowledge of the attacks while purchasing disproportionate pre-attack put option contracts on targeted U.S. airlines and related insurance or investment firms. All of these firms suffered serious losses resulting from the September 11th attacks and their stocks abruptly plummeted. Confirmation that the CIA or other U.S. intelligence agencies were monitoring financial markets and had seen these trades before the attacks would have staggering implications for thousands of victims’ families. The CIA official also declined to comment on the actual capabilities of PROMIS. The highly technical software has been described as a system that "interfaces with any database...as police can input an alleged terrorist’s name or credit card, and the software will provide details of the person’s movements through purchases...," according to an 11-10-01 Toronto Sun report. The importance of PROMIS is that it is not only capable of interfacing with a wide variety of data bases in different computer languages and then integrating the data, but it has also been modified for intelligence purposes. It has then been sold throughout the world by spy agencies through third parties to clients such as banks and investment houses envious of its unique capabilities. One key modification by agencies such as the CIA and Mossad – not disclosed to most users -- is a secret “back door” that permits those with the right codes to enter databases undetected, retrieve and/or alter information, and leave without a trace. PROMIS has been extensively reported as being used throughout the world’s financial markets because of its versatility in facilitating international transactions. Further clouding the issue of pre-attack stock screening by U.S. intelligence, the Canadian daily revealed that U.S. police said many of the suspected terrorists were apprehended (and detained) "through use of the state-of-the-art computer software program PROMIS." In March 2000, CIA director George J. Tenet told the Senate that Osama bin Laden’s group (Al Q’aeda) was "embracing the opportunities offered by recent leaps in information technology." A FOX News story and stories in FTW disclosed in November that Osama bin Laden was believed to have the software. The issue of CIA monitoring of stock trades follows on the heels of wide reports indicating that investigators are carefully probing the insider trading with its resultant profits, reported to be in the 10’s of millions of dollars -- some of which a Deutschebank investor has yet to claim. A promis is a promis Crispell also declined comment when asked whether the Treasury Department or FBI had questioned CIA Executive Director and former Deutschebank-Alex Brown CEO, A.B. "Buzzy" Krongard, about CIA monitoring of financial markets using PROMIS and his former position as overseer of Brown’s "private client” relations. [Note: Krongard stayed with A.B. Brown to head “private client” operations after it was acquired by Banker’s Trust in 1997. As Krongard was leaving in 1998 to join the CIA as counselor to Director George Tenet, Banker’s Trust was acquired by Deutschebank. Banker’s Trust had been previously criticized by the U.S. Senate and regulators for money laundering. Krongard was promoted to Executive Director at CIA in March 2001. - MCR] Wide reports -- including a 9/28/01 story in the Asian Wall Street Journal and a 10/1/01 story in The Guardian -- indicate that investigators are checking Deutschebank’s alleged links to Saudi "private banking," terrorist bank accounts, and $2.5 million in unclaimed United Airlines (UAL) put options profits; however, no government acknowledgement had ever been given of CIA’s alleged use of PROMIS software prior to the attacks. In a recent phone conversation, when asked about alleged terrorist ties to Deutschebank and potential pre-attack CIA trade monitoring via PROMIS, Treasury Department spokesman Rob Nichols remarked, "This is clearly an interesting line of questioning regarding conflicts of interest." However, news searches indicate that no member of Congress has publicly questioned whether wealthy terrorist-connected Saudi nationals participated in the private client operations of Deutschebank-Alex Brown. Osama bin Laden and almost all of the alleged 9-11 hijackers are of Saudi nationality. Also, no member of Congress expressed public interest in asking Krongard about whether or not the CIA affected "real-time" pre-attack trade monitoring using PROMIS software at any location. [Note: Under a program known as Echelon, the governments of the U.S., Britain, Canada, Australia and New Zealand routinely circumvent prohibitions on domestic electronic spying by having the agencies of the other governments do it for them. - MCR] Michael Ruppert, editor and publisher of From The Wilderness (FTW) newsletter (www.copvcia.com), has been interviewed by both the House and Senate for his expertise on illegal covert CIA operations. He said recently that, "It is well documented that the CIA has long monitored such (suspicious or unusual) trades -- in real time -- as potential warnings of terrorist attacks and other economic moves contrary to U.S. interests." Ruppert was the first to point out after 9-11 that CIA Executive Director Buzzy Krongard has extensive past ties to Deutschebank-Alex Brown. Ruppert added, "There is abundant and clear evidence that a number of transactions in financial markets indicated specific [criminal] foreknowledge of the September 11 attacks...and the firm which was used to place put options on UAL stock was, until 1998, managed by the man who is now in the number three position at the CIA." Ruppert also confirmed that two October 17 calls to the FBI resulted in spokespersons declining to give their names after revealing that "the FBI has discontinued use of the PROMIS software." Moreover, on October 24, Justice Department spokesperson Loren Pfeifle declined to answer any questions about where, when, or how PROMIS had been used and would only say, "I can confirm that the DOJ has discontinued use of the program." This followed almost 17 years of denials by the FBI and the Department of Justice -- in court and under oath -- that they used the software at all in a law enforcement or intelligence capacity. Krongard’s current lofty intelligence community position, combined with his prior leadership of a financial institution allegedly connected to terrorist hijacker bank accounts [see Part II], suspicious UAL options contracts, and "private banking" is so controversial that it has not as yet sparked any official investigation. That said, the evidence is substantial enough to potentially expose the prior-knowledge issue -- if Congress chooses to act. And while Treasury Department official Rob Nichols agreed that unresolved conflict of interest questions remain, the CIA Executive Director is still currently charged with supervision of the U.S. intelligence investigation of his former firm and its "private banking" operations. Reuters has reported that Krongard "was [also] involved in setting up the CIA experiment into investing in high-tech companies with the goal of acquiring innovative technology for its own use." Commenting on the CIA’s venture capital firm In-Q-Tel, started in 1999 to encourage development of private-sector technologies for use in the intelligence world, Krongard said on August 1, 2001 -- just 5 weeks before the Trade Center attacks -- "I think In-Q-Tel’s a wonderful model...in accessing the capabilities of the private sector." On October 16, Fox News reported that, according to sources, accused Russian spy and FBI agent Robert Hanssen sold high-tech PROMIS software to Russia, and that Osama bin Laden allegedly purchased it from Russian organized crime sources. Fox reported that, "Government officials suspect bin Laden may have the highly sophisticated U.S. government software that has been used by several other governments, including the United States, for classified intelligence and law enforcement information." The admission by U.S. government officials that PROMIS was widely used by a number of governments further blurs the pre-attack stock monitoring issue since intelligence officials will likely continue to decline comment, save for closed-door congressional oversight hearings or challenges by those victims’ families choosing to bypass settlements adjudicated by the Attorney General’s office in favor of direct intervention by the courts. The buck stops where? Tom Crispell, the CIA official, was cooperative while attempting to maintain intelligence confidentiality in the face of what he termed as "ongoing investigations surrounding the Twin Towers tragedies by the CIA, FBI, Justice, and Treasury Departments." However, this was in great contrast to an FBI spokesperson who refused to offer either his first or last name, while declining comment on any matter related to events of September 11. During a series of calls, some spokespersons quickly attempted to defer and deflect questions to another government agency, i.e. "We don’t deal with that issue. Call the other [entity]." However, many would agree, given the evidence, that the 9-11 terrorism is closely linked to economic issues. President Bush has stated that this is “economic warfare.” Yet few appear to be questioning an apparent paucity of critical information sharing among key government agencies on the issue. As U.S. investigators retrace the financial trails connecting the Twin Towers, terrorist hijackers and their accomplices, many of whom may still be in the country, evidence is being turned up by FBI, CIA, Justice, Treasury and NSA that does involve global banking conglomerate Deutschebank-Alex Brown. $2.5 million unclaimed UAL investor profits For example, according to a 10-19-2001 Wall Street Journal report, an unnamed investor purchased 2,000 United Airlines (UAL) put option contracts through Deutsche Bank-Alex Brown on September 6 -- betting the stock would shortly plummet. And USA Today reported that an individual purchased 810 UAL puts on August 6. A Baron’s source claimed on 10-8-2001 that the pre-attack UAL order placed through Deutsche Bank was for 2,500 contracts which were "split into 500 chunks each, directing each order to different U.S. exchanges around the country simultaneously." According to San Francisco Chronicle reporters Christian Berthelsen and Scott Winokur a source familiar with the UAL trades said investors have yet to claim $2.5 million in profits on contracts purchased before United airliners crashed into a New York Trade Tower and a deserted Pennsylvania field on September 11. The Chronicle source also identified Deutschebank-Alex Brown as the investment firm used to purchase some of the UAL options; and Rohini Pragasam, a bank spokeswoman, declined to comment on the transaction. The source (who requested anonymity) said, "Usually, if someone has a windfall like that, you take the money and run. Whoever did this thought the Exchange [NYSE] would not be closed for four days. This smells real bad." The German news weekly Der Spiegel revealed that Deutschebank also handled accounts worth about $100 million for Osama bin Laden's family. These were part of 10 accounts it suspected were linked to terrorists or terrorist activities and which it later handed over to German authorities after the attacks, according to a report in Britain’s The Guardian. But no further comments have been forthcoming from the financial giant. German Central Bank President Ernst Welteke said a study -- concerning principal hijack subjects residing in Germany and unusual patterns in short-selling of insurance, airline and other financial company shares -- pointed to "terrorism insider trading" in those stocks. The SEC Is Investigating A phone interview with Securities and Exchange Commission (SEC) press spokesman John Nester, of the Washington, DC office, revealed that the Commission, “has already forwarded a general request to Deutschebank-Alex Brown and other investment firms for unspecified information related to the suspicious put option contracts placed prior to the attacks on the Trade Towers and the Pentagon." But the spokesman declined comment regarding the identities of complying banks or the contents of any information obtained. Nester augmented his response by adding that "according to SEC Associate Director of Enforcement Bill Baker -- who just spoke on a panel outside New York last week -- our SEC probe is much broader than investigations made by countries in Europe (who also lost citizens), many of whom have already closed their financial investigations of investment banks like Deutschebank." No results of those probes have been made public. While the SEC media director said "the investigation is still ongoing with no current conclusions," Nester (speaking for the SEC), had difficulty explaining the job description of current New York Stock Exchange (NYSE) Executive Vice President for Enforcement, David P. Doherty. He would only say that the NYSE "regulates itself as an SRO or self-regulating organization...." This vague answer is all the more provocative because Doherty is a retired General Counsel of the Central Intelligence Agency. Nester added, "The SEC has oversight responsibility regarding the NYSE, and we are also working with Justice, Treasury, and the FBI, having set up professional point men at each firm we are looking at -- so we don‘t have to reinvent the wheel every time we call a company [related to the attacks] to get an answer to a question." The "reinvent the wheel" statement raised an eyebrow regarding the level of corporate cooperation in the investigation, although Nester declined to add further comment. In Spite of CIA Ties the NYSE Is Little Help When asked about the status of the investigation into the disproportionate pre-attack stock option trades involving United and American Airlines, Merrill Lynch, Marsh and McLennan Insurance, Morgan Stanley, Citigroup, Bear Stearns, and American Express, etc. -- all icons of American capitalism -- NYSE Communications Director Ray Pellecchia said, "We don't even confirm that there is an ongoing investigation." "We report to the SEC as a matter of course," Pellecchia added. But after being referred to as a "persistent piece of work," this writer asked Pellecchia to discuss Doherty’s role in the investigations. He said, "We stand by this statement." And after pressing for information about what the NYSE is actually doing to investigate the suspicious trades on behalf of thousands of victims’ families who may be concerned about the "prior-knowledge" issue, Pellecchia still declined to confirm that Doherty's enforcement office had even sent a report to the SEC. When asked why so many former key CIA executives currently hold, or have held in the past, top level executive management positions connected in some way to the stock market via either the SEC, NYSE, or other investment banking entities, Pellecchia replied tersely, "I am quite aware of Mr. Doherty's background and experience." Pellecchia also declined to discuss anything related to current CIA Executive Director A.B. "Buzzy" Krongard and his past relationship with Alex Brown. Expecting Miracles? Questions remain as to who will ultimately take center stage in investigating conflicts of interest or the real-time monitoring of world financial markets by U.S. intelligence entities to protect national security; let alone terrorist ties to wealthy Saudi private clients at global financial institutions having direct access (via correspondent banking relationships) to U.S. banks. For while thousands of American families, victimized by terrorism, still remain numb with grief, information is being advanced daily regarding what could be described by some as casual, if not negligent, long-term, slipshod governmental responsiveness to fundamental internal national security and safety questions -- or worse. Tom Flocco is a freelance writer and researcher. (email: TomFlocco@cs.com) |
Saturday, February 1, 2014
PROFITS OF DEATH -- INSIDER TRADING AND 9-11
SUPPRESED DETAILS OF CRIMINAL INSIDER TRADING LEAD DIRECTLY INTO THE CIA’s HIGHEST RANKS
check out some of the things Obama
has done to AIG, CitiBank, etc. and we start connecting the dots !!!
CIA EXECUTIVE DIRECTOR “BUZZY” KRONGARD MANAGED FIRM THAT HANDLED “PUT” OPTIONS ON UAL
by Michael C. Ruppert
[© COPYRIGHT, 2001, Michael C. Ruppert and FTW Publications, www.copvcia.com. All Rights Reserved. – May be reprinted or distributed for non-profit purposes only.]
Original Link http://www.fromthewilderness.com/free/ww3/10_09_01_krongard.html
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 Banker’s Trust in 1997. Krongard then became, as part of the merger, Vice Chairman of Banker’s Trust-AB Brown, one of 20 major U.S. banks named by Senator Carl Levin this year as being connected to money laundering. Krongard’s last position at Banker’s 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 (re?) 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 World’s 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.
- [The levels of put options purchased above were more than six times higher than normal.]
- 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 Stanley’s 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 [a 1200% increase!]. When trading resumed, Merrill’s 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 Germany’s Munich Re, Switzerland’s Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster. [FTW Note: AXA also owns more than 25% of American Airlines stock making the attacks a “double whammy” for them.]
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 don’t 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. [This represents 230,000 shares]. Those options are now selling at more than $12 each. There are still 2,313 so-called “put” options outstanding [valued at $2.77 million and representing 231,300 shares] 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. Let’s look at the history of CIA, Wall Street and the big banks by looking at some of the key players in CIA’s 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 Reagan’s 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 Banker’s Trust.
John Deutch - This retired CIA Director from the Clinton Administration currently sits on the board at Citigroup, the nation’s second largest bank, which has been repeatedly and overtly involved in the documented laundering of drug money. This includes Citigroup’s 2001 purchase of a Mexican bank known to launder drug money, Banamex.
Nora Slatkin – This retired CIA Executive Director also sits on Citibank’s 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 Greenberg’s and AIG’s 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. AIG’s 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.
http://prisonplanet.com/suppresed_details_insider_trading_cia.html
German firm probes final World Trade Center deals
German firm probes final World Trade Center deals
German computer experts are working
round the clock to unlock the truth behind an unexplained surge in financial
transactions made just before two hijacked planes crashed into New York's World
Trade Center on September 11.
Were criminals
responsible for the sharp rise in credit card transactions that moved through
some computer systems at the WTC shortly before the planes hit the twin towers?
Or was it coincidence that unusually large sums of money, perhaps more than $100 million, were rushed through the computers as the disaster unfolded?
A world leader in retrieving data, German-based firm Convar is trying to answer those questions and help credit card companies, telecommunications firms and accountants in New York recover their records from computer hard drives that have been partially damaged by fire, water or fine dust.
Using a pioneering laser scanning technology to find data on damaged computer hard drives and main frames found in the rubble of the World Trade Center and other nearby collapsed buildings, Convar has recovered information from 32 computers that support assumptions of dirty doomsday dealings.
"The suspicion is that inside information about the attack was used to send financial transaction commands and authorisations in the belief that amid all the chaos the criminals would have, at the very least, a good head start," said Convar director Peter Henschel.
"Of course it is also possible that there were perfectly legitimate reasons for the unusual rise in business volume," he told Reuters in an interview.
Profiting from disaster?
"It could turn out that Americans went on an absolute shopping binge on that Tuesday morning. But at this point there are many transactions that cannot be accounted for," Henschel said.
"Not only the volume but the size of the transactions was far higher than usual for a day like that. There is a suspicion that these were possibly planned to take advantage of the chaos."
Nearly 3,300 people were killed in the attacks that destroyed the World Trade Center.
Some 30,000 people in the buildings, symbols of America's financial might, were able to escape between the time the planes crashed and about an hour later when they collapsed -- even though many of the unmanned computers continued working.
The United States blames the Al Qaeda group led by Saudi-born Osama bin Laden for the attack and has since waged war on the Taliban regime in Afghanistan that sheltered them.
Advance knowledge of attack?
There are several data retrieval companies in the United States and Europe, but Convar said it has won the lion's share of the contracts from the World Trade Center because of its laser scanning technology.
Convar developed the laser scanner two years ago that made it possible to retrieve data from badly damaged computers.
With a staff of 30 in its high-security facility in Pirmasens near the French border, the firm has worked with the US armed forces in Germany as well as German federal police for the last 15 years.
Its offices in Pirmasens, a town of 36,000 still suffering from the departure of some 4,000 American soldiers stationed here during the Cold War, are closely guarded behind high fences and monitored by dozens of security cameras.
Inside the building, an endless series of code-operated door locks keeps unwelcome visitors away. In the centre of the facility is a 120 square metre (1,292 square foot), dust-free "clean room" where the damaged computer drives are coaxed back to life.
Citing client privacy, Henschel declined to say which companies Convar is working for, or provide details about the data retrieved so far. But he said the raw material, up to 40 gigabytes per computer hard drive, is sent immediately by satellite or courier back to New York.
Money trail
Richard Wagner, a data retrieval expert at the company, said illegal transfers of more than $100 million might have been made immediately before and during the disaster.
"There is a suspicion that some people had advance knowledge of the approximate time of the plane crashes in order to move out amounts exceeding $100 million," Wagner said. "They thought that the records of their transactions could not be traced after the main frames were destroyed."
The companies are paying between $20,000 and $30,000 for each computer recovered, Henschel said.
The high recovery costs are one reason why only a limited number of hard drives are being examined. Convar has turned down a request by one British newspaper to try to recover personal last hour e-mails sent by someone trapped in the doomed building.
Henschel said the companies in the United States were working together with the FBI to piece together what happened on September 11 and that he was confident the destination of the dubious transactions would one day be tracked down.
"We have been quite surprised that so many of the hard drives were in good enough shape to retrieve the data," he said.
"The contamination rate is high. The fine dust that was everywhere in the area got pressed under high pressure into the drives. But we've still been able to retrieve 100 percent of the data on most of the drives we've received.
"We're helping them find out what happened to the computers on September 11 as quickly as possible. I'm sure that one day they will know what happened to the money."
YOU MAY ALSO WANT TO READ:
America's war against terror: The Complete Coverage
The Attack on America: The Complete Coverage
9/11 info
9/11 operations
9/11 operations
- Ask a guy who helped
plant explosives in the WTC a week before 9/11 anything.
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- inb4: you were here
yesterday trolling.
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- Picture is related:
newfags and people under the age of 16 cant understand it.
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- inb4: lies
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- its not trolling, im
passing on serious information you pimply faced little kids. Up to you
whether or not you
-
- believe me.
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- You have one hour.
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- ----------------------------------------
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- -Who did you work for?
- -Who ordered you?
- -How much explosive did
you plant?
- -What kind?
- -Describe the process
for going out and planting the explosives (what was your
cover/plan/disguise)
- -Has your life ever
been in danger due to your involvement.
-
-
- ----------------------------------------
-
-
- -Who did you work for?
- I cant give you my team
leaders name but I can give you my 3rd in charge after my team leader -
George Tenet
-
- -Who ordered you?
-
- See above
-
- -How much explosive did
you plant?
-
- Personally - hundreds,
Thermite charges all over the place and replaced hundreds of fire
extuinguishers up and
-
- down the WTC 1 building
we were assigned.
-
- -What kind?
-
- Concentrated Thermite
charges on the support columns, Fire extinguishers swapped out to proper
C4 explosives
-
- aimed at the support
columns.
-
- -Describe the process
for going out and planting the explosives (what was your
cover/plan/disguise)
-
- We were dressed as
cleaners/janitors whatever, would you question a janitor/cleaner replacing
a rubbish bin/fire
-
- extinguisher?
-
- -Has your life ever
been in danger due to your involvement.
- The threat of deadly
force on myself and/or my family has always been there since i first
agreed to go along
-
- with this. But the 8
figure payout was always worth it.
-
- Remember the 8th of
november is coming around. EVERYONES RIGHTS are gonna get fucked up
because of it.
-
- ----------------------------------------
-
- (NOT OP: fake terrorist
attack on a detroit server farm. Heard something about that yesterday,
gunna make
-
- censoring our internet
A LOT easier)
-
- ----------------------------------------
-
- 8th of november
-
- well i report in 14
days. to a server farm in detroit michigan
-
- my demolition knowledge
is called on, the 4 man team I am assigned to is required to report in to
- I wont
-
- reveal name of company
(but there executive management knows all about it)
- I take that my services
are needed for something similar to 9/11 as I havent been required to
report in since
-
- then.
-
- I am not scared as I
post anonymously AND if anyone reports me to the FBI etc, and I am
prosecuted the
-
- government (our
government) would be admitting that 9/11 was an inside job which is highly
unlikely I would most
-
- likey be killed in an
automobile accident.
-
- But everything would be
revealed to a lawyer to release to EVERY US media outlet and
intnernational outlet if
-
- something was to happen
to me or my family.
-
- ----------------------------------------
-
- (NOT OP)
- Have you even seen any
facts on what happened to WTC7? It fell over 5 hours after the two towers
did and is
-
- claimed to be due to
fire. Your points are invalid. lrn2 facts
-
- ----------------------------------------
- WTC7 didnt fall exaclty
to plan I know that 8 men from 2 of the groups died resetting the
explosives in the
-
- building.
-
- It was meant to
collapse at the same time as WTC 2 collapsed, but for whatever reason it
didnt, so It had to be
-
- manually detonated
-
- ----------------------------------------
-
- (NOT OP)
-
- 8th of november is just
an estimate of mine and from communication with other anons.
-
- Seriously there will be
a "cyberterrorism" threat that will happen on the 8th -11th of
november that our
-
- government will use to
censor the internet. Or gain support to censor the internet.
-
- How do I know this? Who
and what is the only group that has enough power to stand against the US
government?
-
- (OUR GOVERNMENT)
-
- The Internet.
- Something needs to be
done to win favour, and the US would do anything - see 9/11
-
- ----------------------------------------
-
- I report to a server
farm in detroit, MI in 2 weeks.
-
- My
background is demolitions - Navy seals, CIA 3 years undercover in africa
bombing american embassays blaming
-
- it on
"militant terrorist groups"
-
- I planted
hundreds of concentrated thermite explosives and C4 explosives disguised
as fire extuinguishers in the
-
- WTC building
1 a week before 9/11 so my guess is a cyber terrorism attack blamed on a
group such as anonymous to
-
- gain
positive opinion with the general public.
-
- Take it or
leave it those are my orders and my opinion on them.
-
- I will and
never would be traced over them or someone leaking this thread. Do you
really think the US government
-
- would
prosecute someone that did there own sanctioned bidding? theyd rather kill
me and my family then let it
- become
public knowledge. even then they would label that person a conspiracy nut
before that would happen.
-
- ----------------------------------------
-
- (NOT OP)
-
- Do the 2,966 people
that you killed, haunt you in your sleep?
-
- ----------------------------------------
-
- Not really. The hundred
or so passengers on the airplane that supposedly crashed do though because
they were
-
- evacuated to a hanger
and "disposed off" in our official report.
-
- ---------------------------------------
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