After 9/11, there were indications that traders with inside information had benefited financially from the terrorist attacks. The list was long and included traders in the US, Germany, Japan, France Luxembourg, the UK, Switzerland, Spain, and even Hong Kong. Ernst Welteke, President of the German Deutsche Bundesbank, told the Miami Herald that “a preliminary review by German regulators and bank researchers showed there were highly suspicious sales of shares in airlines and insurance companies, along with major trades in gold and oil markets, before September 11 that suggest … advance knowledge of the attacks. Welteke said that his researchers came across … almost irrefutable proof of insider trading.” Welteke himself was emphatic: “If you look at the movements in markets before and after the attacks, it really makes your brow furrow..”
Phi Beta Iota: The evidence is not only compelling, it makes it clear that the US 9/11 Commission was a best a clown show and at worst a treasonous cover-up of US Government complicity at the highest levels in 9/11. We note with interest that CIA is singled out — George Tenet and Buzzy Krongard by name — for advance insider trading leveraging pension funds and operational funds held offshore.