Why do you people believe the CIA/FBI was to blame for the 9 11 attacks?
Why does everyone think it was them who plotted and planed the attack.
- 1 decade agoFavorite Answer
Who else could have attacked the pentagon without being shot out of the air first?????We are talking the pentagon.....not a K-mart.
Financial transactions in the days before the attack suggest that certain individuals used foreknowledge of the attack to reap huge profits. 1 The evidence of insider trading includes:
Huge surges in purchases of put options on stocks of the two airlines used in the attack -- United Airlines and American Airlines
Surges in purchases of put options on stocks of reinsurance companies expected to pay out billions to cover losses from the attack -- Munich Re and the AXA Group
Surges in purchases of put options on stocks of financial services companies hurt by the attack -- Merrill Lynch & Co., and Morgan Stanley and Bank of America
Huge surge in purchases of call options of stock of a weapons manufacturer expected to gain from the attack -- Raytheon
Huge surges in purchases of 5-Year US Treasury Notes
In each case, the anomalous purchases translated into large profits as soon as the stock market opened a week after the attack: put options were used on stocks that would be hurt by the attack, and call options were used on stocks that would benefit.
Put and call options are contracts that allow their holders to sell and buy assets, respectively, at specified prices by a certain date. Put options allow their holders to profit from declines in stock values because they allow stocks to be bought at market price and sold for the higher option price. The ratio of the volume of put option contracts to call option contracts is called the put/call ratio. The ratio is usually less than one, with a value of around 0.8 considered normal. 2
American Airlines and United Airlines, and several insurance companies and banks posted huge loses in stock values when the markets opened on September 17. Put options -- financial instruments which allow investors to profit from the decline in value of stocks -- were purchased on the stocks of these companies in great volume in the week before the attack.
Two of the corporations most damaged by the attack were American Airlines (AMR), the operator of Flight 11 and Flight 77, and United Airlines (UAL), the operator of Flight 175 and Flight 93. According to CBS News, in the week before the attack, the put/call ratio for American Airlines was four. 3 The put/call ratio for United Airlines was 25 times above normal on September 6. 4
This graph shows a dramatic spike in pre-attack purchases of put options on the airlines used in the attack. (source: www.optionsclearing.com)
The spikes in put options occurred on days that were uneventful for the airlines and their stock prices.
On Sept. 6-7, when there was no significant news or stock price movement involving United, the Chicago exchange handled 4,744 put options for UAL stock, compared with just 396 call options -- essentially bets that the price will rise. On Sept. 10, an uneventful day for American, the volume was 748 calls and 4,516 puts, based on a check of option trading records. 5
The Bloomberg News reported that put options on the airlines surged to the phenomenal high of 285 times their average.
Over three days before terrorists flattened the World Trade Center and damaged the Pentagon, there was more than 25 times the previous daily average trading in a Morgan Stanley "put" option that makes money when shares fall below $45. Trading in similar AMR and UAL put options, which make money when their stocks fall below $30 apiece, surged to as much as 285 times the average trading up to that time. 6
When the market reopened after the attack, United Airlines stock fell 42 percent from $30.82 to $17.50 per share, and American Airlines stock fell 39 percent, from $29.70 to $18.00 per share.
While most companies would see their stock valuations decline in the wake of the attack, those in the business of supplying the military would see dramatic increases, reflecting the new business they were poised to receive.
Raytheon, maker of Patriot and Tomahawk missiles, saw its stock soar immediately after the attack. Purchases of call options on Raytheon stock increased sixfold on the day before the attack.
A Raytheon option that makes money if shares are more than $25 each had 232 options contracts traded on the day before the attacks, almost six times the total number of trades that had occurred before that day. A contract represents options on 100 shares. Raytheon shares soared almost 37 percent to $34.04 during the first week of post-attack U.S. trading. 13
Raytheon has been fined millions of dollars inflating the costs of equipment it sells the US military. Raytheon has a secretive subsidiary, E-Systems, whose clients have included the CIA and NSA. 14
US Treasury Notes
Five-year US Treasury notes were purchased in abnormally high volumes before the attack, and their buyers were rewarded with sharp increases in their value following the attack.
The Wall Street Journal reported on October 2 that the ongoing investigation by the SEC into suspicious stock trades had been joined by a Secret Service probe into an unusually high volume of five-year US Treasury note purchases prior to the attacks. The Treasury note transactions included a single $5 billion trade. As the Journal explained: "Five-year Treasury notes are among the best investments in the event of a world crisis, especially one that hits the US. The notes are prized for their safety and their backing by the US government, and usually rally when investors flee riskier investments, such as stocks." The value of these notes, the Journal pointed out, has risen sharply since the events of September 11. 15
A jump in UAL (United Airlines) put options 90 times (not 90 percent) above normal between September 6 and September 10, and 285 times higher than average on the Thursday before the attack.
-- CBS News, September 26
A jump in American Airlines put options 60 times (not 60 percent) above normal on the day before the attacks.
-- CBS News, September 26
No similar trading occurred on any other airlines
-- Bloomberg Business Report, the Institute for Counterterrorism (ICT), Herzliyya, Israel [citing data from the CBOE] 3
Morgan Stanley saw, between September 7 and September 10, an increase of 27 times (not 27 percent) in the purchase of put options on its shares. 4
Merrill-Lynch saw a jump of more than 12 times the normal level of put options in the four trading days before the attacks.
- Anonymous1 decade ago
The FBI or even the CIA, never was responcable for this attack. Some early on after 9/11 thought the CIA had Information and warning's from Al Quada but that was never conformed or not. They only were aware of more Chat room and chatter had picked up before the attcks had accurred.
This Blame People want too do or say or make some one pay, is not the rite way in handleing how we all prevent it ever again. America thinks that where too powerful to be attacked and that simply is way too arragant and it invites radicals too come here and do something so-stupid just too make a point.
- Salty dogLv 61 decade ago
Because in the dust from the area where this tragedy happen there have been found remnants of a special aluminium chemistry based military explosive, an explosive that can only be manufactured by a few highly industrialised military nations. Aviation fuel can't throw building masonry that weigh between twenty to thirty tons forty meters into the air and fare out into the surrounding streets, as was the case 9/11, Aviation fuel can only burn.Look at the film you will see the explosion plums as they burst outward, just under the dust cloud as the building collapses.
Here we are talking about a controlled detention, a detention that aviation fuel could never accomplish.Unfortunate someone filmed it, and the incident has never been investigated, why? 9/11 is a red herring.
- circleLv 43 years ago
I blame the unconventional Islamic extremists. Then I blame the authorities for permitting unlawful immigration, and not coping with a brilliant number of warning indications in simple terms before 9/11. Then I in simple terms ought to throw some blame to invoice Clinton for struggling with terrorism interior the courts, even after 5 seperate terrorist assaults on US intrests. It turn into after the bombing of the united statesCole devoid of recourse that Obama Bin encumbered suggested the u . s . is a "paper tiger". Then there is Jimmy Carter that allowed the deposition of the Shaw of Iran which enpowered the I-oh-tol-ah Ko-mein-ee, and formed the backside for the Tally-ban, Al-ki-da and modern-day-day terrorists.
- How do you think about the answers? You can sign in to vote the answer.
- 1 decade ago
Show me a plane that crashed into the Pentagon. I'm kidding, I'm kidding. But seriously, isn't that building like one of the most like protected buildings in the hole entire like world, but there's no video of like a plane hitting it?Source(s): Question Everything.
- Anonymous1 decade ago
Conspiracy theories sprout out from anything. Usually refereed to as gossip in most circles though
- ValleyRLv 71 decade ago
It's called stupidity .
They also believe that Earth is warming and we are going to die from the glaciers melting.
- Anonymous1 decade ago
No one thinks that.
- KiminFLLv 71 decade ago
I don't think that. Only crazy people think that.
- Anonymous1 decade ago
TOO MUCH KOOL AIDE AND WACKY TOBACCO