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The Story That Really Pissed Me Off Today

Discussion in 'BBS Hangout' started by Ottomaton, Sep 16, 2001.

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  1. Ottomaton

    Ottomaton Member
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    <center><font size="+2">FBI probes European short-selling</font></center>


    <center><font size="+1">Associates of bin Laden</font></center>
    <center><font size="+1">may have profited</font></center>
    <center><font size="+1">from terrorist attacks</font></center>


    Sept. 15 — NBC News has learned that investigators in Europe and the United States are examining whether Islamic fanatic Osama bin Laden may have financed Tuesday’s terror assault on America by stock trades in European exchanges in the days before the attacks.

    GERMAN OFFICIALS have asked the FBI and the Securities and Exchange Commission to look into whether bin Laden’s associates may have “sold short” stock in a Munich, Germany, company that holds secondary insurance on the World Trade Center.

    ...click me to see the rest of the article
     
    #1 Ottomaton, Sep 16, 2001
  2. RichRocket

    RichRocket Member

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    This is not the sub-human terrorist that many think we are fighting-- he is a wily, sophisticated rascal.

    It will be interesting to see what happens with airline stocks this week.
     
    #2 RichRocket, Sep 16, 2001
  3. Major

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    As much as I hate to say it, this was actually an ingenius thing to do. :(
     
    #3 Major, Sep 16, 2001
  4. jamma34

    jamma34 Member

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    unfreakingbelievable.............
     
    #4 jamma34, Sep 16, 2001
  5. harkm

    harkm Member

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    What good is money when you will soon be dead? They need to freeze those accounts if the funds haven't already been withdrawn.
     
    #5 harkm, Sep 16, 2001
  6. DaDakota

    DaDakota Balance wins
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    Harkm,

    Exactly, they need to dry up his funding. I am sure his money is probably in swiss banks..

    Are you with us or against us Switzerland?

    DaDakota
     
    #6 DaDakota, Sep 17, 2001
  7. pippendagimp

    pippendagimp Member

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    That article is a hoax for propaganda purposes. Bin Laden is not a dumb man. His representatives would gain far more anonimity and liquidity by shorting several world indices and purchasing index puts. That being said, it is very likely they have spread their risk and profited in this manner. They would not waste their time on Munich RE.
     
    #7 pippendagimp, Sep 17, 2001
  8. glynch

    glynch Member

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    A discussion on a tv talk show said it could be one of the first real breaks ever in tracing Bin Laden's finances, if they can trace it back to him. Not the smartest thing to do in that regard, but maybe he is feeling suicidal, too.
     
    #8 glynch, Sep 17, 2001
  9. Rocketman95

    Rocketman95 Hangout Boy

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    I'm pretty sure Switzerland is always neutral, why would they change now? It's easy to abandon that when it's easy, but if they start taking sides now, their neutrality will always be called into question.
     
    #9 Rocketman95, Sep 17, 2001
  10. glynch

    glynch Member

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    Rocketman95 's post makes me wonder about allowing this absolute secrecy. Is harboring terrorists' money harboring terrorists?

    Not sure, but aren't the Swiss helping at all w. tracing money laundering from the drug trade.
     
    #10 glynch, Sep 17, 2001
  11. Sonny

    Sonny Member

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    Neutral Bastards.

    Why dont we seize some banks over there?
     
    #11 Sonny, Sep 18, 2001
  12. DREAMer

    DREAMer Member

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    If this is true, then it would be a case of "insider trading", and the profits could legally be seized.
     
    #12 DREAMer, Sep 18, 2001
  13. MrSpur

    MrSpur Member

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    [​IMG]

    To hell with those bastards.
     
    #13 MrSpur, Sep 18, 2001
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