posted on September 15, 2001 01:25:45 PM new
MSNBC is reporting that the FBI is investigating short-selling stocks of reinsureres who had assumed most of the risk insuring businesses in the WTC. This micro-article
Contains less (and different) information than was reported by Andrea Mitchell a few minutes ago, which indicated the FBI was asked to cooperate with an ongoing German investigation.
No big surprise here, that the perpetrators may have found a way to finance their own activities by taking advantage of the results of their own activities.
posted on September 15, 2001 07:01:12 PM new
Hmmm....
Only way to make that pay off, is someone has to "cover the short". Shouldn't be real hard to figure out when they buy back their "shorts" this coming week, particulary when there was enough stock involved to move the market that much.
[ edited by Microbes on Sep 15, 2001 07:01 PM ]
posted on September 15, 2001 07:54:25 PM new
Oh! My!....Talk about adding insult to injury. All along we have been dealing with a very sophisticated group here.
Watching an essay last night on a PBS station, (A profile of Bin Laden), I cringe at all of the opportunities we had to stop the person a long time ago...he and his accolytes...But no, they happily moved from country to country, with the CIA and FBI ALWAYS aware of where he was, and what he was doing. A woman Ambassador (I will say Sudan, but please dont skin me alive if I am wrong), had been warned of a plan to bomb her Ambassy. She made a formal request to Washington to MOVE (relocate) the Ambassy...but her request was denied...So, it seems, we have continuously been taking Bin Laden's threats rather...lightly...
And perhaps all along, he was cashing-in on all of his atrocities!...
Seeing the documentary wass really spine-chilling: to see how many Muslim Nations he has endoctrinated....Even getting rid of him (Good luck!), won't make a dent, when his followers are in the hundreds of thousands, all very well trained, all ready to blow themselves up just to get "at America"...
Well, Monday should be interesting on the Stock Market...
posted on September 15, 2001 08:03:40 PM new
Shosh,
His followers need support and money. He gives them both. I think we've been tracking his movements for a long time, but the intelligence agencies can do little but file a report.
The CIA was stripped of most of its' field activities in the seventies "because it wasn't nice". Who knows if this hadn't happened, maybe somebody five years ago would've come up behind him on a street and put 2 bullets in the back of his head.
posted on September 15, 2001 08:10:07 PM new
If I read the article correctly the shorts were already covered and deposits made in American banks. The issues were on the European exchange which has been open.
Saw last night that there is a lawsuit in the works from one (or more) family but I think the owners of the structures (including the government) that were destroyed by the attacks, the owners of the airlines and the rescue agencies and rescue individuals should sue whoever is responsible for the attacks for compensation.
posted on September 15, 2001 09:12:00 PM newthe shorts were already covered and deposits made in American banks.
I re-read it, and your right. They need to impound this money before it goes off shore thru some bank in Bimini, Panama, etc., and "disappears". This needs to be investigated big time. Now I wonder if there isn't a BIG reason why our markets didn't open at all this week.
posted on September 15, 2001 09:19:42 PM new
How about deeds to large texas style ranches in Afganistan as compensation? Assuming the former owners have no need for it and it does not glow at night.
