2007/03/30

Prior Knowledge of 9/11: Don't Ask, Don't Tell!


Seems that William Bergman, an economist who worked for the Federal Reserve Bank of Chicago from July 1990 to early 2004 got a little too close to the truth: "Insiders" made billions of dollars on "put" options , in fact, betting that a stock which would certainly be affected by the Trade Center bombing and the resulting shutdown of all air traffic, would lose an enormous portion of it's value.

When I was studying for my MBA, our teacher, a man with a delightful sense of humor, described "put" options as a device to "put it to" someone who was not privy to insider information.

During 911, these insiders were taking "put" options, in essence betting that the stocks in which they took a position would plummet, and "PUTTING" it to the uninformed small investor. These small, insignificant investors would then further help these thieves by sending their sons and daughters to fight a war against an innocent nation under fraudulent pretenses. Where are these weapons of "mass" destruction.

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