Why didn't the SEC look into the 9/11 airline put options for insider trading violations?

Question

Somebody had some foreknowledge about airline stock? So its ok to torture brown people but we can't even ask those people who made millions how they knew about 9/11? Chimp did 9/11 = Fact!

You people are in serious denial. It wasn't standard random variation or normal people buying options. It was record options bought the day before a tragedy where nobody else suspected a huge fall in stock.

Answer 1

"In the weeks before 9/11, the US Stock market showed rather high levels of activity on companies that would subsequently be affected by the attacks. The afternoon before the attack, alarm bells were sounding over trading patterns in stock options. A jump in United Air Lines some 90 times (not 90 percent) above normal between September 6 and September 10, for example, and 285 times higher than the average the Thursday before the attack, have been reported. A jump in American in American Airlines put options 60 times (not 60 percent) above normal the day before the attacks has also been reported. No similar trading occurred on any other airlines appear to have occurred.

Between September 6-10, 2001, the Chicago Board Options Exchange saw suspicious trading on Merrill Lynch and Morgan Stanley, two of the largest WTC tenants. An average of 3,053 put options in Merrill Lynch were bought between Sept. 6-10, compared to an average of 252 in the previous week. Merrill Lynch, another WTC tenant, saw 12,215 put options bought between Sept. 7-10, whereas the previous days had seen averages of 212 contracts a day. According to Dylan Ratigan of Bloomberg News: 'This would be the most extraordinary coincidence in the history of mankind, if it was a coincidence. This could very well be insider trading at the worst, most horrific, most evil use you've ever seen in your entire life. It's absolutely unprecedented.'

On September 18, 2001, the BBC reported: 'American authorities are investigating unusually large numbers of shares in airlines, insurance companies and arms manufacturers that were sold off in the days and weeks before the attacks. They believe that the sales were by people who knew about the impending disaster.'

According to the London Independent, October 10, 2001: 'To the embarrassment of investigators, it has also emerged that the firm used to buy many of the 'put' options -- where a trader, in effect, bets on a share price fall -- on United Airlines stock was headed until 1998 by 'Buzzy' Krongard, now executive director of the CIA.'

THE 9/11 COMMISSION, AFTER LOOKING INTO THE PRE-9/11 STOCK TRADES, NEVER DENIED THEIR UNUSUAL NATURE. INSTEAD, THE COMMISSION DECLAREDTHE AL QAEDA DID NOT CONDUCT THE TRADES, AND ASKED NO FURTHER QUESTIONS (my emphasis)."
----To The Members of the House Of Representatives and of The Senate of The United States of America. Scholarsfor 911truth.org, http://www.scholarsfor9/11truth.org/petition/February 28, 2006.

Now tell me naysayers, who's in denial?!

Answer 2

Um...because there is nothing illegal about buying put options on a company. Just the other day, I bought some put options on John Deere and low and behold the stock fell below my option point and I made a nice little piece of money. Did I know it was going to happen, did I know some insider information? No. And neither did the people who bought put options on the airline companies in 2001.

I do agree that we should not be torturing the so called "brown people" but I have to say your last statement, as emphatic as it may be, is ludicrous and ridiculous. Was the President behind the crazy who shot up VT? Was the President behind the crazy guy who shot up the little Amish school? Why do you think the President was behind this? And I would like something that starts with something other than..."It's a proven fact" because most of your "proven fact's are anything but. It was 19 crazy sons of bitches who flew those planes into those buildings and the President had nothing to do with it. But you go on believing your fairy tale Michael Moore story and the rest of us will continue to run you country for you.

Answer 3

The SEC DID look into this and found nothing unusual or out of the ordinary. If you happened to get lucky enough to sell your airline stocks on September 10, 2001, you made a lot of money. The SEC found that there was no evidence of any crime. Someone making money on selling a stock at the right time does not prove that they knew about 9/11. There is absolutely no proof that President Bush had anything to do with 9/11.

Answer 4

Yep, he would be discovered to blame. The SEC frequently would not document severe profile circumstances like this till they're relatively darn optimistic they're going to get a conviction. If that's been 4 years with the aid of fact the crime befell, they have probable investigated it thoroughly, and that they are in basic terms approximately specific they have have been given the evidence to coach their case. although, at this factor the SEC has basically filed a civil cost of insider identifying to purchase and merchandising. That probable means no penitentiary time, in basic terms repaying in spite of funds the SEC claims he profited from, plus a very good. Martha Stewart tried to lie and canopy up her insider identifying to purchase and merchandising. that's what brought about criminal quotes, and the criminal quotes are what landed her in penitentiary.

Answer 5

They did. Standard random variation. Only a fool still believes 9/11 was done by the government.

Answer 6

Normal people own options. It's really not a big deal.

Answer 7

Give us a link....and not from a conspiracy page