Wednesday, November 24, 2010

ARTICLE: Did Investors have foreknowledge of the World Trade Center attacks of September 11th?


With respect to insider trading, or what is more technically called informed trading, the Commission report was itself suspect for several reasons.  First, the informed trades relating to 9/11 covered far more than just airline company stock.  The stocks of financial and reinsurance companies, as well as other financial vehicles, were identified as being associated with suspicious trades.  Huge credit card transactions, completed just before the attacks, were also involved. 

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