--- In [email protected], "shempmcgurk" <[EMAIL PROTECTED]> wrote: > > Mark: now that you have been informed (by the snopes posting by Anon) > that the American Airlines put options purchase was counterbalanced > by the purchase by the same institutional buyer of American stock, do > you still feel that this was a suspicious trade, as you indicated in > a previous post?
Let's not forget, by the way, that the suspicious trading involved far more than stock in just the two airline companies. There was unusual trading in the stock of firms whose offices were in the World Trade Center, including Morgan Stanley, Lehman Bros., Bank of America, and Marsh & McLennan; insurance companies Munich Re (Germany) and AXA Group (France), which combined were on the hook for about $2 billion in damages from the attacks, as well as American International Group, Swiss Reinsurance, Chubb, Cigna, CNA Financial, John Hancock, and MetLife; plus General Motors, Raytheon, Continental, Delta, Northwest, Southwest, USAirways, Boeing, Lockheed Martin, and Citigroup (38 companies in all); there was also a surge in the purchase of five-year Treasury notes and unusual movement in gold and oil prices. Also, as of September 29, 2001, according to the San Francisco Chronicle: 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. "Whoever did this thought the exchange would not be closed for four days. "This smells real bad." The source and others in the financial industry speculate that the purchaser or purchasers -- having initially assumed the money could be picked up without detection -- now fear exposure, or that the account has been frozen. The markets were closed for four days after the attack, giving investigators time to notice the anomalous trades. ------------------------ Yahoo! Groups Sponsor --------------------~--> Join modern day disciples reach the disfigured and poor with hope and healing http://us.click.yahoo.com/lMct6A/Vp3LAA/i1hLAA/UlWolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
