posted on September 20, 2001 05:12:39 AM
according to news reports this morning, someone/someones placed thousands of "puts", a financial bet of some sort, that the 4 airlines, morgan stanley, and some re-insurance companies would have their stocks decline after 9/11. As a result of the terrorist attacks, those investments have realized millions of dollars, which by now may not be traceable to whoever bought them.
sorry, I don't have a link on this. I heard it on ABC news while at the health club this morning.
Why does the news keep getting more and more sick and vile??
posted on September 20, 2001 05:23:49 AM
It's amazing to me that the terrorists groups can use the "capitalist machine" i.e. the stock market, to make money, to support their cause, to create terroist acts, to overcome the "capitalist machine". Something doesn't seem right.
posted on September 20, 2001 11:19:39 AM
Think back to 4 or 5 years ago. When the stock market was going up and up. The economy was strong and Clinton took all the credit. Ultimately it will be determined that it was an artificial prosperity brought on by Bin Ladin et al buying up American Stock to falsly inflate the economy and keep American complacent. Then six months before Clinton left office, they started selling to finance their terror on us. Its already been proven that 4 days before the WTC they started short selling Airline Stocks and Insurance Stocks.
Not my name on ebay.
