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In the Sept, 2000 issue of 'From The
Wilderness' Publications (FTW), www.copvcia.com (Vol III, No 7) we described recent
developments in the decades-long saga of the legendary Promis software
and this writer's interaction with members of the Royal Canadian Mounted
Police's national security section over its current use by various
intelligence agencies. Promis (Prosecutor's Management Information
System) was specifically re-engineered and mated with artificial
intelligence during the 1980s for the purpose of tracking terrorists.
One of its main strengths was its ability to integrate diverse pieces of
data and predict the movement of terrorists based upon financial (e.g.
credit card transactions), entries through various border checkpoints,
car rentals and airline ticket purchases. This special software, refined
and enhanced many times since then, is capable of integrating and
coordinating precisely the kind of information described above and then
setting off warning bells. We have confirmed many times over that
Promis' unique abilities have also been specifically targeted at
financial markets to track sudden shifts in currency and stock
speculation as well as the laundering of money.
That being said, we find it extremely disturbing that the UPI and the Swedish daily newspaper Aftonbladet both published September 14 reports indicating that Osama Bin Laden had possibly engaged in large scale stock speculation in the U.S. and Europe just before the attacks. Both stories suggested that Bin Laden had bought large amounts of "shorts.' Taking a short position means that an investor, betting that a stock's price will go down, places a large number of shares up for sale at a given price usually just at or below the current market price. If a stock is in short supply, buyers will purchase the stock rapidly and the "short seller" then has a given period of time to produce the actual shares which he or she is not required to own at the time of the sale.
The future sale of the stock at a given price is a fixed contract that cannot be altered. The seller pockets the money before he has to go out and buy the shares. Therefore, if the seller agrees to sell 10,000 shares of XYZ company at $100 each and enters into a contract at that price, and if the stock price falls to $60 the following day, he can make a quick profit of $400,000 when he buys the stock to complete the contract.
It is inconceivable that such movements were not detected before the WTC attacks.
Given all of the above, which is only the beginning of what will be revealed as time passes, only a cretin would believe that the United States government could not and did not know that these attacks were coming, and then chose to remain silent. Given these tiny bits of knowledge that are now public how much more was available to the intelligence community? How could they have apparently ignored it?
Dissenters will say, "Yes but the CIA has been hamstrung and prevented from taking pre-emptive action by those liberal do-gooders in Congress."
Not so. A September 14 Reuters story reported accurately, "The CIA has been authorized since 1998 to use covert means to disrupt and pre-empt terror operations allegedly planned abroad by Saudi-born dissident Osama bin Laden, The Washington Post reported Friday.
"The newspaper said the directive, signed by President Clinton and reaffirmed by his successor, George W. Bush, adhered to a legal ban on the assassination of foreign leaders but sanctioned the use of lethal force in self-defense.
"Quoting government sources, the paper said the CIA had used such force several times to stop armed groups before they initiated attacks."
A final question: Why, in light of all the information we now know the
government had about imminent attacks, did the Bush Administration gift
the Taliban with $43 million in May of this year? Read more at Opium Connection Afghanistan - US and Time Lines around September 11th and below.
. . . . (From http://mathaba.net/)
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.
. . .
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.
Read the complete article at www.copvcia.com/stories/dec_2001/death_profits_pt1.html
Mike Ruppert’s website and information on his subscriber-based newsletter “From The Wilderness” is located at /www.copvcia.com. Anyone interested in arranging a 2002 lecture appearance can obtain additional information by contacting the office manager at 818-788-8791 or by emailing service@copvcia.com.
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