Back to the options - the "Bin Laden trades" themselves.
As it turns out, almost the same situation (even bigger) has happened in
Europe- as what has happened on the Chicago options market. Surprise,
surprise. An anonymous investor placed a massive bet on an index of
Europe's top 50 stocks falling by a third by the end of September.
http://www.financialnews-us.com/?page=ushome&contentid=2448565379
The mystery investor bought put option contracts on the Eurostoxx 50
index that will result in a profit if it plunges below 2,800 (from
4,100) by the end of September.
Based on the strike price, the position covers a €6.9 bn. The identity
of the investor is unknown but the broker was the same A.B. Brown (Alex
Brown) of 9/11 infamy - this is the investment arm of the banking giant
Deutsche Bank, which is the European Bank favored by the Saudis and the
BinLaden family. There are rumors of a "silent" partnership there.
Until 1998 this bank was headed by the man who became the Executive
Director of CIA – A.B. “Buzzy” Krongard.
http://en.wikipedia.org/wiki/A._B._Krongard
In fact, Krongard is but one name in a long history of CIA
interconnections to shady stock trading.
This episode may all be no-more than a natural uneasiness about the
particular date: 9/11 -- but it seems to me that the risk of not getting
one's portfolio totally liquid - TODAY - is far greater than the the
small penalty one might have to pay to buy back the same stocks in
October, if nothing happens.
Jones
PS As to the phony-baloney story of "why" the missile episode may have
occured, Stephen Lawrence wrote:
I don't think so. They were "advanced" cruise missiles: that was the
_name_. Presumably they were "advanced" when they were designed, but
that was over a decade ago.
The B-52 bomber they were on was designed 60 years ago and is still
operational. The problem is not the age - but why they were armed in the
first place, and most-of-all - where the "extra" unaccounted-for warhead
is... is it in the hands of "rogue elements" of government?
It now turns out that the B-52 set on the tarmac in La, unguarded for 10
hours before this incident was reported. Afterwards, there has been the
slight discrepancy of one warhead between the "official" accounts.
As to how or why it could happen -- did you ever wonder whether they
REALLY have nuclear tipped cruise missiles in the arsenal? No, you
didn't? Well, perhaps not. But, did you ever wonder if President
Ahmadinejad has ever wondered if we REALLY have nuclear-tipped cruise
missiles in our current arsenal, I mean, right now, ready to roll, all
set to be put on planes and launched?
He is no fool. Of course he knows this. That was not the purpose of this
episode.
No one in the public knows if this was simply an "innocent" f_ _ k-up -
or if there is something more sinister going-on, but given the high
level disregard for the City of New Orleans, already well demonstrated,
hmmm .... doubt if I would be going to a favorite "watering hole": Pat
O'Briens ... even if Dick generously offered a free trip (followed by
bird hunting of course) ....
http://www.patobriens.com/
