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Did al Qaeda Cash in on the 9/11 Attacks?

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  • Did al Qaeda Cash in on the 9/11 Attacks?

    Did Al Qaeda Cash in on the 9/11 Attacks?

    by Mark H. Gaffney

    So says James Rickards, author of the hot bestseller, The Death of Money, The Coming Collapse of the International Monetary System, which does present a persuasive case that citizens of planet earth face an imminent global financial meltdown, one that will make 2008 look like a warm up.

    Rickards’ book includes insightful chapters about Germany and the Eurozone, the BRICS, China, the IMF, as well as a clear analysis about how the Federal Reserve has painted itself into a fiscal corner from which there is no exit and now faces insolvency.

    Unfortunately, to get to all of this valuable material the reader must first wade through hip-deep hogwash in chapter one, in which the author reviews the evidence for insider trading in the days before the 9/11 attacks.

    In chapter one Rickards’ otherwise clear vision fails him.

    The author is absolutely correct that pre-9/11 insider trading did occur. Rickards also correctly notes that “every transaction has two parties,” meaning that every put and call option leaves a paper trail. But Rickards insults our intelligence when he tells us that associates of Osama bin Laden were responsible for the insider trading.

    Rickards would have us believe, for example, that the terrorists were behind the 600% spike in call options for the military contractor Raytheon, whose stock surged 37% in the weeks after 9/11. Other big winners were L-3 Communications, Northrop Grumman, and Allied Techsystems.

    According to Paul Zarembka, professor of econometrics at SUNY Buffalo, the put/call options were exercised, meaning that whoever purchased them later collected the profits, blood money. But is it believable that the very same terrorists who sought to destroy America got away with profiting from the subsequent vast expansion of the US war machine?

    Catching those responsible certainly was the intent of the Securities and Exchange Commission, which led the probe into allegations of insider trading in the weeks after 9/11. At the time, SEC chairman Harvey Pitt told the press “We will do everything in our power to track those [guilty] people down and bring them to justice.” Everyone took it for granted that the paper trail would lead to al Qaeda.

    Yet, weeks later, the SEC quietly and inexplicably tabled its investigation. Why? Instead of issuing indictments, the SEC took the unprecedented step of deputizing everyone associated with its probe. This totaled hundreds, possibly thousands, of people. Why did the SEC do this? The answer was transparently obvious to former LAPD narcotics investigator Mike Ruppert, who pointed out that the SEC deputized its investigators to effectively gag them, no doubt, to prevent leakage of its actual findings. And what were those findings? Well, probably the inconvenient truth that the paper trail led not to bin Laden but back to Wall Street.

    As we know, there was leakage despite the SEC’s best efforts to keep a lid on things. The Independent (UK) reported that “to the embarrassment of investigators, it has emerged that the firm used to buy the put options on United Airlines was headed until 1998 by Alvin “Buzzy” Krongard, now executive director of the CIA.” George Tenet had personally recruited Krongard, probably to serve as his liaison with Wall Street.

    The firm in question was America’s oldest investment bank, A.B. Brown, which merged with Bankers Trust in 1997. In 1999, when B.T. - Alex Brown pled guilty to criminal conspiracy charges, after it was revealed that top-level executives had created a $20 million slush fund out of unclaimed funds, B.T. - Alex Brown was on the verge of being closed down when Deutsche Bank scooped it up.

    Krongard’s former associate at Alex Brown, Mayo Shattuck III, who helped engineer the merger with Bankers Trust, went on to assume Krongard’s former duties as private banker to the firm’s wealthiest clients, personally arranging confidential transactions and transfers. According to the New York Times, in January 2001, Shattuck was named “co-head of investment banking….overseeing Deutsche Bank’s 400 brokers who cater to wealthy clients.”

    Shattuck’s sudden resignation on September 12, 2001 must therefor be viewed as highly suspicious. Shattuck retired without a word of explanation even though he reportedly had three years remaining on his contract.

    All of the above is conspicuously absent from Rickards’ discussion about insider trading. One may draw his/her own conclusions -- I have drawn mine. Even as we teeter on the brink of a financial meltdown of historic proportions, the insider-writer who would explain all of this cannot bring himself to acknowledge the true extent of Wall Street corruption and criminality, especially regarding 9/11, the fulcrum event that produced the world as we know it.

    Mark H. Gaffney, author, Black 9/11 (2012)
    Attached Files
    Last edited by mhgaffney; 07-27-2014, 04:40 PM.

  • #2
    Originally posted by mhgaffney View Post
    Did Gaffney try to Cash in on the 9/11 Attacks?
    FYP

    Comment


    • #3
      An oldie but a goodie...
      Last edited by W*GS; 11-13-2017, 06:26 AM.

      Comment


      • #4
        Notice, the knee jerks attack me -- but they have nothing of substance to say on the issues. Personal attacks is all they can do.

        Issues? Forget it!

        I've been saying for years we are ruled by sociopaths. The latest by PCR proves it.

        MHG

        The World Is Doomed By Western Insouciance
        Don’t expect to live much longer

        By Paul Craig Roberts

        July 27, 2014 "ICH" - European governments and the Western media have put the world at risk by enabling Washington’s propaganda and aggression against Russia.

        Washington has succeeded in using transparent lies to demonize Russia as a dangerous aggressive country led by a new Hitler or a new Stalin, just as Washington succeeded in demonizing Saddam Hussein in Iraq, the Taliban in Afghanistan, Qaddafi in Libya, Assad in Syria, Chavez in Venezuela, and, of course, Iran.

        The real demons–Clinton, Bush, Obama–are “the exceptional and indispensable people” above the reach of demonization. Their horrific real crimes go unnoticed, while fictitious crimes are attributed to the unexceptional and dispensable people and countries.

        The reason that Washington demonizes a leader and a country is to permit the creation of circumstances that Washington can use to act with force against a leader and a country.

        Washington’s incessant lies alleging “Russian aggression” have created Russian aggression out of thin air. John Kerry and the State Department’s Marie Harf issue new lies daily, but never any supporting evidence. With the stage set, the US Senate, the NATO commander and the Chairman of the US Joint Chiefs of Staff are busy at work energizing the wheels of war.

        Senate bill 2277 provides for beefing up forces on Russia’s borders and for elevating Ukraine’s status to “ally of the US” so that US troops can assist the war against “terrorists” in Ukraine. http://un.ua/eng/article/522930.html See also: http://www.globalresearch.ca/collaps...he-imf/5393168

        NATO commander Breedlove is preparing his plans for stockpiling war material on Russia’s borders so that US/NATO troops can more quickly strike Russia. http://rt.com/news/175292-nato-poland-supply-base/

        Chairman of the US Joint Chiefs of Staff, General Martin Dempsey, is at work preparing American opinion for the upcoming war.

        On July 24 Dempsey told the Aspen Security Forum, a high level group where US opinion is formed, that Putin’s aggression in Ukraine is comparable to Stalin’s invasion of Poland in 1939 and that the Russian threat was not limited to Ukraine or Eastern Europe but was global. http://www.commondreams.org/news/201...s-over-ukraine

        The intellects in the Aspen Forum did not break out laughing when Dempsey told them that Russia’s (alleged but unproven) involvement in Ukraine was the first time since 1939 that a country made a conscious decision to use its military force inside another sovereign nation to achieve its objectives. No one asked Dempsey what Washington has been doing during the last three presidential regimes: Clinton in Serbia, Bush and Obama in Afghanistan, Iraq, Somalia, Pakistan, and Yemen, Obama in Libya and Syria.

        Here are Dempsey’s words: “You’ve got a Russian government that has made a conscious decision to use its military force inside another sovereign nation to achieve its objectives. It’s the first time since 1939 or so that that’s been the case. They clearly are on a path to assert themselves differently not just in Eastern Europe, but Europe in the main, and towards the United States.”

        http://www.informationclearinghouse....ticle39229.htm

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        • #5
          More Putin spew swallowing by PCR and gaffe.

          Move to Russia and live in paradise, gaffe.

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          • #6
            Originally posted by mhgaffney View Post
            Notice, the knee jerks attack me -- but they have nothing of substance to say on the issues. Personal attacks is all they can do.

            Issues? Forget it!
            Come up with something other than conspiracy driven threads, you're as single minded as TxTebow and his race obsession.

            You constantly re-post Putin's propaganda without a thought given to the journalists that have either left RT in protest or are being harassed into silence by Putin's thugs.
            For someone who claims to be in search of the truth, you support, unequivocally, a thug who censors everything coming out of Russia.
            You're about as dishonest as they come.
            Last edited by DenverBrit; 07-28-2014, 07:14 AM.

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            • #7
              "Insouciance?"

              I could just see Charlton Heston, in loincloth, screaming up at a half buried Statue of Liberty, "You Maniacs! You blew it up! Ah, damn you! God damn you and your insouciance!"

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              • #8
                Washington’s incessant lies alleging “Russian aggression” have created Russian aggression out of thin air.



                Russia invaded, and now dominates and controls, the Crimea. PCR doesn't consider invasion to be "aggression?"

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                • #9
                  Reoccupying your own country is aggression?
                  Only in the USmediapropagandasystem.

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                  • #10
                    The above clowns should be railing about the $30-40 million in blood money payouts from the pre-9/11 insider trading -- but instead they waste their breath attacking the whistleblower who seeks only to wake up the nation.

                    Is there any place on earth with so many ignorant duped fools as Amerikkka?

                    MHG

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                    • #11
                      Originally posted by mhgaffney View Post
                      Reoccupying your own country is aggression?
                      Only in the USmediapropagandasystem.
                      The Ukraine is a sovereign state you jackass.

                      Only Russian propaganda and US sycophants and dupes like yourself and PCR ever refer to the Russian invasion as 'reoccupying.'

                      Christ, you're one of Putin's pathetic grovelling toadies. Get a grip!!
                      Last edited by DenverBrit; 07-28-2014, 10:22 AM.

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                      • #12
                        Originally posted by mhgaffney View Post
                        The above clowns should be railing about the $30-40 million in blood money payouts from the pre-9/11 insider trading -- but instead they waste their breath attacking the whistleblower who seeks only to wake up the nation.

                        Is there any place on earth with so many ignorant duped fools as Amerikkka?

                        MHG
                        Whistleblower?? You??

                        The only thing you 'blow' is Putin's whistle.

                        You've revealed absolutely nothing of value to anyone in the years you've been promoting yourself on the Mane.

                        Get over your narcissistic self.

                        Comment


                        • #13
                          Oh...

                          I didn't read anything beyond "by Mark H. Gaffney"

                          Comment


                          • #14
                            Originally posted by DenverBrit View Post
                            You've revealed absolutely nothing of value to anyone in the years you've been promoting yourself on the Mane.
                            Selling these ****ty books is his only income besides disability.

                            His previous career as a Nostradamus interpreter failed.

                            Comment

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