Was WTC 4 the biggest insider trading cover-up ever? Almost....

[deconstruct911]

We all know about all that gold under WTC 4 but not to many seem to be aware of what was going on up above in the office space.


So to understand why WTC 4 is important we have to look at its main tenant Deutsche bank!

Deutsche bank acquired Bankers Trust and Alex Brown, which three years before 9 11 were headed by Alvin Bernard "Buzzy" Krongard, who became the executive director of the CIA at the time of 9 11.

Alex brown was the brokerage firm used to place most of the "put options" On United Airlines stock, which left a $2.5 million prize un-claimed.

This is where things get even more interesting:

1) http://archives.cnn.com/2001/TECH/industry/12/20/wtc.ha... /
2) http://www.foxnews.com/story/0,2933,41004,00.html
3) http://press.convar.com/pdf/de/Presse_echo_17_12_2002.p...
4) http://www.convar.de/multimedia.htm?po=3&language=1#WTC

As reported by CNN on December 20, 2001: “Computer disk drives from WTC could yield clues”

(IDG) -- A new data-recovery technique could help trace suspicious financial transactions made shortly before the terrorist attacks in the U.S. on September 11.
“An unexplained surge in transactions was recorded prior to the attacks, leading to speculation that someone might have profited from previous knowledge of the terrorist plot by moving sums of money. But because the facilities of many financial companies processing the transactions were housed in New York's World Trade Center, destroyed in the blasts, it has until now been impossible to verify that suspicion. That's where Convar Systeme Deutschland GmbH comes in. The company is helping reconstruct data from hard disk drives found in the ruins of the twin towers.”

Data recovery experts later looking at 32 hard drives salvaged from the 9/11 attacks discover a surge in credit card transactions from the World Trade Center in the hours before and during the attacks. Unusually large sums of money are rushed through computers even as the disaster unfolds.
Richard Wagner, a data retrieval expert at the company, said illegal transfers of more than $100 million might have been made immediately before and during the disaster. "There is a suspicion that some people had advance knowledge of the approximate time of the plane crashes in order to move out amounts exceeding $100 million," Wagner said. "They thought that the records of their transactions could not be traced after the main frames were destroyed."

Henschel told AFP that “up to the last moment,” between the time that the first tower was hit until the second tower collapsed, there was an “unusual” increase in trading volume of “between 5 and 10 times the normal volume.”

ALL SIGNS LEAD BACK TO DEUTSCHE BANK ( well certainly the biggest insider trader of them all, we can’t forget about Marsh & McLennan)

* Deutsche bank is also at the hub of insider trading connected to Munich re

*Silverstream built trading applications for:
• Merrill Lynch
• Deutsche Bank
• Bankers Trust
• Alex Brown
• Morgan Stanley
• AIG
Some of the above companies moved into the WTC and simultaneously completed disaster recovery and business continuity implementations just prior to 9/11.

*Richard Andrew Grove ex Slverstream software employee

In Michael Ruppert’s book “Crossing the Rubicon” he explains details of Deutsche banks roll.

"Returning to Ruppert's comments: "The Reuter's story was partially confirmed for me when I was contacted by a Deutsche Bank employee who had survived the attacks by fleeing the WTC after the first plane hit. According to the employee, about five minutes before the attack the entire Deutsche Bank computer system had been taken over by something external that no one in the office recognized and every file was downloaded at lightening speed to an unknown location." End of quote.

Mike Rupert also was the first to connect the dots on United puts and Alex Brown.

The cover up:
Take note on the story by CNN:

"But because the facilities of many financial companies processing the transactions were housed in New York's World Trade Center, destroyed in the blasts, it has until now been impossible to verify that suspicion."

And what Wagner said. "They thought that the records of their transactions could not be traced after the main frames were destroyed."

So Deutsche bank occupied WTC4, and Deutsche bank played a key role in these credit transactions, so it is within reason to assume beyond a doubt that WTC 4 would also be destroyed. But how?

WTC 4 was placed next to WTC 2. The United flight- Alex Brown- knew to bet against hit the south tower 30 floors from the top. Those 30 floors were ironically equal length of WTC 4. Looking back at Ground Zero WTC 4 is virtually gone! Now it was probably for the most part demolished, but according to the official story the debris from the south tower-upper 30 floors of outer load bearing walls equal length to WTC4 and debris- was responsible. In fact you can see the outer load bearing walls laying directly on top of where the majority of WTC 4 once was.

[jberryhill]

1. So....

They destroyed a building to cover this up, but left the hard drives with the data on them there?

[deconstruct911]

2. Convar

Zembla: the Dutch research channel

"Convar sends out a press release, and states the culprits would have hoped that the attacks would erase all traces"

"A clearer evidence of advance knowledge is hardly imaginable"


http://www.youtube.com/watch?v=Nh3_wWmS6lk

http://www.youtube.com/watch?v=4-OClX54EFQ

"ANOTHER 9-11 MYSTERY...note they don't give the name of the company in Pirmasens, Germany. What is on these recovered hard drives? No one has said so far, but some of the data pertains to stock options trading in which 'unknown speculators' bet heavily that the stock prices of the U.S. airlines would sharply fall in September 2001. SEC Chairman at that time, Harvey Pitt, said of these mysterious options traders, "We will find them, wherevery they are." But did the SEC, FBI, etc...ever find them? They never said."

Clearly whoever did this knew they could exert all control over all federal agencies....

After all, 2.5 million unclaimed placed through Alex Brown is a glaring clue. I would suggest reading the section on insider trading in Crossing the Rubicon.

[zappaman]

3. If I were you I would be very very afraid

These are the kind of people who can make you disappear.
You seem to have cracked the case and now they can find you...

[deconstruct911]

4. Well

if they come get me at least I know I’m on to something.

[deconstruct911]

5. WTC Complex collapse- 7 steel buildings, 2 aluminum airplanes

Also with no conclusive way to say what was pouring and why from the North-East corner of the south tower, it certainly helped the majority of debris from the South Tower rain down on WTC 4 when the south tower was struck from the south face NOT the east face!


Some startling revelations can be made upon flight 175’s final approach into the south/east corner of the south tower. There are the expertly controlled flight characteristics of this plane! During Its last 20 seconds of flight UA 175 made a single corrected turn so well executed it could not possibly have been piloted by human hands. It banks sharply into the south/east corner of the south tower. One reason for this interesting and un- usual flight maneuver into the South/East corner could be further explained by my theory that they wanted the east side of the south tower’s upper section to collapse on WTC 4 to cover up demolition +insider trading! After all it was also the north face of the North Tower to collapse towards WTC 7 creating another pathetic attempt to cover up it's demolition with the “debris+ fires” theory. Perhaps the antenna of the north tower is also responsible for the “column 20”damage on 7 world trade, in fact if you believe in the official story it would have had to be that or of course, fire.

The widely ignored "column 20" damage sustained to WTC 7- Was it before or after the north tower collapse that this damage occured?:

[deconstruct911]

6. Full overview of pre insider trading

The money made from the trades done with apparent inside information has been estimated at up to $15 billion worldwide. Andreas von Bulow, a former member of the German Parliament, once responsible for the oversight of the German secret services, estimated that profits by insider traders were $15 billion. CBS offered a far more conservative figure when it reported (Sept 26) that "at least seven countries are dissecting suspicious trades that may have netted more than $100 million in profits."

Jonathan Winer, an ABC News Consultant said "it's absolutely unprecedented to see cases of insider trading covering the entire world from Japan to the United States and North America to Europe."
Also reported by FTW, the CIA monitors real time stock trades with prosecutor’s management information system, (PROMIS).

German central bank president Ernst Welteke later reports that a study by his bank indicates, “There are ever clearer signs that there were activities on international financial markets that must have been carried out with the necessary expert knowledge,” not only in shares of heavily affected industries such as airlines and insurance companies, but also in gold and oil.
"I saw put-call numbers higher than I've ever seen in 10 years of following the markets, particularly the options markets," John Kinnucan, a principal of Broadband Research, an independent telecommunications research firm, told the San Francisco Chronicle.”

Shortly after the 9/11 attacks the SEC circulated a list of stocks to securities firms around the world seeking information. A widely circulated article states that the stocks flagged by the SEC included those of the following corporations:
American Airlines, United Airlines, Continental Airlines, Northwest Airlines, Southwest Airlines, US Airways airlines, Martin, Boeing, Lockheed Martin Corp., AIG, American Express Corp, American International Group, AMR Corporation, AXA SA, Bank of America Corp, Bank of New York Corp, Bank One Corp, Cigna Group, CNA Financial, Carnival Corp, Chubb Group, John Hancock Financial Services, Hercules Inc., L-3 Communications Holdings, Inc., LTV Corporation, Marsh & McLennan Cos. Inc., MetLife, Progressive Corp., General Motors, Raytheon, W.R. Grace, Royal Caribbean Cruises, Ltd., Lone Star Technologies, American Express, the Citigroup Inc., Royal & Sun Alliance, Lehman BrothersHoldings, Inc., Vornado Reality Trust, Morgan Stanley, Dean Witter & Co., XL Capital Ltd., and Bear Stearns

An October 19 article in the San Francisco Chronicle reported that the SEC, after a period of silence, had undertaken the action of deputizing hundreds of private officials in its investigation:
The proposed system, which would go into effect immediately, effectively deputizes hundreds, if not thousands, of key players in the private sector.
...
In a two-page statement issued to "all securities-related entities" nationwide, the SEC asked companies to designate senior personnel who appreciate "the sensitive nature" of the case and can be relied upon to "exercise appropriate discretion" as "point" people linking government investigators and the industry.
******************************************************************************

FTW - October 9, 2001 – Although uniformly ignored by the mainstream U.S. media, there is abundant and clear evidence that a number of transactions in financial markets indicated specific (criminal) foreknowledge of the September 11 attacks on the World Trade Center and the Pentagon. In the case of at least one of these trades -- which has left a $2.5 million prize unclaimed -- the firm used to place the “put options” on United Airlines stock was, until 1998, managed by the man who is now in the number three Executive Director position at the Central Intelligence Agency known as A.B. “Buzzy” Krongard.

A September 19 story by the Israeli Herzliyya International Policy Institute for Counterterrorism, entitled “Black Tuesday: The World’s Largest Insider Trading Scam?” documented the following trades connected to the September 11 attacks:

- Between September 6 and 7, the Chicago Board Options Exchange saw purchases of 4,744 put options on United Airlines, but only 396 call options… Assuming that 4,000 of the options were bought by people with advance knowledge of the imminent attacks, these “insiders” would have profited by almost $5 million.
- On September 10, 4,516 put options on American Airlines were bought on the Chicago exchange, compared to only 748 calls. Again, there was no news at that point to justify this imbalance;… Again, assuming that 4,000 of these options trades represent “insiders,” they would represent a gain of about $4 million.
-
- No similar trading in other airlines occurred on the Chicago exchange in the days immediately preceding Black Tuesday.

- Morgan Stanley Dean Witter & Co., which occupied 22 floors of the World Trade Center, saw 2,157 of its October $45 put options bought in the three trading days before Black Tuesday; this compares to an average of 27 contracts per day before September 6. Morgan Stanley’s share price fell from $48.90 to $42.50 in the aftermath of the attacks. Assuming that 2,000 of these options contracts were bought based upon knowledge of the approaching attacks, their purchasers could have profited by at least $1.2 million. Merrill Lynch & Co., with headquarters near the Twin Towers, saw 12,215 October $45 put options bought in the four trading days before the attacks; the previous average volume in those shares had been 252 contracts per day . When trading resumed, Merrill’s shares fell from $46.88 to $41.50; assuming that 11,000 option contracts were bought by “insiders,” their profit would have been about $5.5 million.
- European regulators are examining trades in Germany’s Munich Re, Switzerland’s Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster.

CBS reported on September 19th:

Sources tell CBS News that the afternoon before the attack, alarm bells were sounding over unusual trading in the U.S. stock options market.

“The trades are called "puts" and they involved at least 450,000 shares of American. But what raised the red flag is more than 80 percent of the orders were "puts", far outnumbering "call" options, those betting the stock would rise.

Sources say they have never seen that kind of imbalance before, reports CBS News Correspondent Sharyl Attkisson. Normally the numbers are fairly even.”


ABC had reported …..
“The Treasury Department, the Securities and Exchange Commission and a Chicago exchange have launched a major investigation into some suspicious and highly sophisticated stock trading just prior to the Sept. 11 terror attacks.
The week before the attack, virtually unheard of numbers of "puts" — basically bets made by an investor that a stock's price will fall by a certain date — were sold for United Airlines and American Airlines, which operated the four hijacked planes; Morgan Stanley, the investment bank which occupied more than 20 floors in the now-destroyed twin towers; and a number of other companies that were adversely affected by the tragedy and whose stocks plunged as a result.
"This could very well be insider trading at the worst, most horrific, most evil use you've ever seen in your entire life," Dylan Ratigan of Bloomberg Business News said Thursday on ABCNEWS' Good Morning America.
"Millions of dollars, tens of millions of dollars on a bet that all told could be $600,000 turned into $10 million, $20 million," Ratigan said.”

SF Chronicle September 29, 2001:

Suspicious profits sit uncollected
Airline investors seem to be lying low
Investors have yet to collect more than $2.5 million in profits they made trading options in the stock of United Airlines before the Sept. 11 terrorist attacks, according to a source familiar with the trades and market data.
The uncollected money raises suspicions that the investors -- whose identities and nationalities have not been made public -- had advance knowledge of the strikes.
"Usually, if someone has a windfall like that, you take the money and run," said the source, who spoke on condition of anonymity. "

“The trades were not replicated in the stocks or options of any of the airlines' competitors. “

“The source familiar with the United trades identified Deutsche Banc Alex. Brown, the American investment banking arm of German giant Deutsche Bank, as the investment bank used to purchase at least some of the options. Rohini Pragasam, a bank spokeswoman, declined comment. “
******************************************************************************
*As reported in other news stories, Deutsche Bank was also the hub of insider trading activity connected to Munich Re. just before the attacks.

*The New York Times reported that Mayo Shattuck III had resigned on September 12, 'effective immediately', from a 3-year $30 million contract as head of the Alex (A.B) Brown unit of Deutsche Bank.

******************************************************************************
“Treasury bonds enter purview of U.S. inquiry into attack gains”
“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.
The article went on to quote Michael Shamosh, a bond-market strategist for Tucker Anthony Inc., who said, “If they were going to do something like this they would do it in the five-year part of the market. It’s extremely liquid, and the tracks would be hard to spot.”
******************************************************************************More evidence of clear insider trading…..
Convar (Pirmasens, Germany) was mentioned as the German computer company, hired to recover the data from destroyed computers in the Twin Towers for telecommunications firms and financial institutions, and also to verify suspicious trades while the attacks unfolded. Sender of the damage data carriers; the US Department of Defense: Data recovery experts later looking at 32 hard drives salvaged from the 9/11 attacks discover a surge in credit card transactions from the World Trade Center in the hours before and during the attacks. Unusually large sums of money are rushed through computers even as the disaster unfolds.
Richard Wagner, a data retrieval expert at the company, said illegal transfers of more than $100 million might have been made immediately before and during the disaster. "There is a suspicion that some people had advance knowledge of the approximate time of the plane crashes in order to move out amounts exceeding $100 million," Wagner said. "They thought that the records of their transactions could not be traced after the main frames were destroyed." Convar does not disclose clients under security standards; however a spokesperson later confirms that the reports of insider trading are true.
Henschel told AFP that “up to the last moment,” between the time that the first tower was hit until the second tower collapsed, there was an “unusual” increase in trading volume of “between 5 and 10 times the normal volume.”
The inside information appears to be so precise that experts have concluded that it could have only come from those who masterminded the terror attacks.
“Henschel said the companies in the United States were working together with the FBI to piece together what happened Sept 11 and that he was confident the destination of the dubious transactions would one day be tracked down.”

*Richard Grove ex employee of Marsh and Silverstream alleges Silverstream software played a key role in the fraudulent credit transactions.
• Silverstream built trading applications for:
• • Merrill Lynch
• Deutsche Bank
• Bankers Trust
• Alex Brown
• Morgan Stanley
• AIG
• Some of the above companies moved into the WTC and simultaneously completed disaster recovery and business continuity implementations just prior to 9/11.

“Let me tell you what Marsh was up to… In 2000 SilverStream was contracted by Marsh to provide a technological solution beyond what we had done for any of the above-named companies; in sofar as it would be used to electronically connect Marsh to its major business partners via internet portals, for the purpose of creating “paperless transactions” and expediting revenue and renewal cycles, and built from the ground up at the client’s site.
SilverStream provided a specific type of connectivity that was used to link AIG and Marsh & McLennan- the first two commercial companies on the planet to employ this type of transaction- and in fact Marsh was presented with something called the ACORD Award in the summer of 2001 for being the first Commercial Corporation to do so and what you should take away from that is this: it means that no other companies were doing this type of transaction, so the question in your mind should be- what then were Marsh and AIG doing, and why did they need to leverage technologies that no other commercial entity on the face of the earth needed to conduct business?”
Richard Andrew Grove, SilverStream Software. Ex-client for Marsh & McLennan
Note: Floor numbers in red are part of American Airlines Flight 11's impact area of the North Tower:
101 Cantor Fitzgerald, Kidder, Peabody & Co., ESpeed

100 Marsh USA

99 Marsh USA

98 Marsh USA

97 Marsh USA

96 Marsh USA

95 Marsh USA

94 Marsh USA

93 Marsh USA, Fred Alger Management

92 CARR Futures, Crédit Agricole

91 American Bureau of Shipping, Meyers Pollok Robbins, New Japan Securities International, Shiga Bank

90 American TCC International Group, Chugoku Bank, Dun & Bradstreet (UB)


53 AIG Aviation Brokerage * Convar notes hard discs drives recovered from middle of the WTC.



• Kroll purchased by Marsh & McLennan in 2004.
• Kroll owned by AIG in 2001.
• AIG and Marsh & McLennan both run by Greenberg family.
• Kroll managed security in WTC from 93 bombing until 9/11.
• In June 2002 Kroll inc. acquired Ontrack, a subsidiary of Convar.
• Micheal G. Cherkasky, formerly with Kroll was placed as chairman of MMC in 2004 upon Jeffrey Greenberg’s resignation.
• Kroll is part of the intelligence community and most definitely had an officer in the room available for employee announcements, with direct orders to tell people to go back to their office in the South Tower after the North Tower was hit.
***********************************************************************************
In Michael Ruppert’s book “Crossing the Rubicon” he explains details of Deutsche banks roll.

"Returning to Ruppert's comments: "The Reuter's story was partially confirmed for me when I was contacted by a Deutsche Bank employee who had survived the attacks by fleeing the WTC after the first plane hit. According to the employee, about five minutes before the attack the entire Deutsche Bank computer system had been taken over by something external that no one in the office recognized and every file was downloaded at lightening speed to an unknown location." End of quote.


As reported by CNN on December 20, 2001: “Computer disk drives from WTC could yield clues”
(IDG) -- A new data-recovery technique could help trace suspicious financial transactions made shortly before the terrorist attacks in the U.S. on September 11.
“An unexplained surge in transactions was recorded prior to the attacks, leading to speculation that someone might have profited from previous knowledge of the terrorist plot by moving sums of money. But because the facilities of many financial companies processing the transactions were housed in New York's World Trade Center, destroyed in the blasts, it has until now been impossible to verify that suspicion. That's where Convar Systeme Deutschland GmbH comes in. The company is helping reconstruct data from hard disk drives found in the ruins of the twin towers.”
“Companies contracting with Convar pay between US$20,000 and $30,000 per drive for the work.”
“When Convar discovers encryption keys on a drive, indicating a financial record, it saves the information and hands it over to its U.S. clients, who are in turn cooperating with the FBI, he said.”
The company has completed processing 39 drives; another 42 have arrived, and a further 20 drives are expected in early January, Wagner said.”Convar's German facility, in the town of Pirmasens near the NATO air base Ramstein, is one of the few civilian data recovery centers to be certified for military purposes as a "high security zone," the company said.

1) http://archives.cnn.com/2001/TECH/industry/12/20/wtc.harddrives.idg/
2) http://www.foxnews.com/story/0,2933,41004,00.html
3) http://press.convar.com/pdf/de/Presse_echo_17_12_2002.pdf
4) http://www.convar.de/multimedia.htm?po=3&language=1#WTC

5) http://www.ict.org.il/Articles/tabid/66/Articlsid/70/currentpage/24/Default.aspx
6) http://abcnews.go.com/US/story?id=92458&page=4
7) http://www.cbsnews.com/stories/2001/09/19/eveningnews/main311834.shtml
8) http://www.wsws.org/articles/2001/oct2001/bond-o05.shtml
9) http://911research.wtc7.net/sept11/stockputs.html

10) http://www.fromthewilderness.com/free/ww3/12_06_1_death_profits_pt1.html

11) http://www.hereinreality.com/insidertrading.html
12) http://www.nytimes.com/2001/09/15/business/chief-steps-down-at-alex-brown.html
13) http://www.nytimes.com/1994/09/01/business/a-midlife-crisis-at-kroll-associates.html
14) http://www.nytimes.com/1998/07/31/business/aig-will-put-1.35-billion-into-blackstone.html

15) http://www.cnn.com/SPECIALS/2001/trade.center/tenants1.html

16) http://s3.amazonaws.com/911timeline/2001/wallstreetjournal100201.html

17) http://www.godlikeproductions.com/forum1/message609445/pg1

18) http://www.insurancejournal.com/news/national/2000/12/11/11587.htm

19) http://culhavoc.blogsome.com/2006/05/30/911-whistleblower-andrew-grove-comes-forward/

20) http://www.foxnews.com/story/0,2933,34910,00.html

21) http://articles.sfgate.com/2001-09-18/news/17618308_1_ual-terrorist-plot-amr/2

22) http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/10/19/BU142745.DTL

23) http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/09/29/MN186128.DTL
24) http://www.historycommons.org/entity.jsp?entity=deutsche_bank
25) http://www.historycommons.org/entity.jsp?entity=convar__gmbh_1

26) http://www.blonnet.com/2002/02/11/stories/2002021100100900.htm

27) http://www.independent.co.uk/news/business/news/mystery-of-terror-insider-dealers-631325.html