I know I'm a little late on this post but, these were the highlights of this thread to me.... maybe b/c this info is pretty empirical
Sept 6-7, 2001: The Chicago Options Exchange saw purchases of 4,744 put options on United Airlines, but only 396 call options. United Stocks fell 42% from $30.82 to $17.50 which was the price when the stock market re-opened after the WTC attack. Assuming that 4000 of the options were bought by people with advance knowledge of the imminent WTC attack, "insider traders" would have profited by almost $5 million. ["Black Tuesday, The World's Largest Insider Trading Scam," Don Radlauer, consultant to the International Policy Institute for Counterterrorism in Herzliya, Israel, Sept. 19, 2001]
Sept. 10, 2001: Reuters releases a story published in newspapers across the USA that suggests purchase of airline stocks would be a good buy despite recent expectations of losses. The report said "investors who can stomach the bumpy ride might find the time is right to get back into US airline stocks." Goldman Sachs was identified as an aggressive buyer of airlines stocks because they are trading at 4-year lows, evidence that stock holders had been dumping their holdings prior to the World Trade Center attack. [Detroit Free Press, Sept. 10, 2001] Also on this day, 4,516 put options on American Airlines were bought on the Chicago exchange compared to only 748 calls. American Airlines stock fell 39% from $29.70 to $18.00 per share. Assuming 4000 option trades represent insider trading, they would represent a gain of about $4 million. ["Black Tuesday, The World's Largest Insider Trading Scam," Don Radlauer, consultant to the International Policy Institute for Counterterrorism in Herzliya, Israel, Sept. 19, 2001]
Sept. 16, 2001: New York Times reporters David Johnston and Neil A. Lewis reveal that two of the men (Khalid al-Mihdhar and Nawaf al-Hamzi) believed to have hijacked planes that crashed into the Pentagon on Sept. 11 were known to authorities as associates of Osama bin Laden and had been sought since August by the FBI. American and European law enforcement officials were also reported to be examining whether any associates of Osama bin Laden may have tried to profit from attacks by trading in put options or short-selling particular stocks, like re-insurance companies or airlines. [The New York Times, Sept. 16, 2001]
Sept. 29, 2001: An article in the San Francisco Examiner indicates more than $2.5 million in profits from trading options in the stock of United Airlines before the Sept. 11 terrorist attacks remain uncollected. There is suspicion that those who profited from these transactions had advance knowledge of the World Trade Center attack. There was an unusually large jump in purchases of put options on the stocks of United Airlines Corp. three business days prior to the attack. On one day the put option purchases on UAL were 25 times greater than the year-to-date average. [San Francisco Examiner, Sept. 29, 2001]
Oct. 13, 2001: Investigative reporter Michael C. Ruppert, who broke the story on insider trading in the stock market, releases his detailed report that links high-ranking CIA officers to banks and companies that are alleged to launder money or perform insider stock trading. The co-mingling of the CIA and the banking/investment industry is compelling. The No. 3 executive director position at the CIA is held by "Buzzy" Krongard, former chairman of the investment bank A.B. Brown, who joined the CIA in 1998 as counsel to CIA Director George Tenet and was promoted to his current CIA position by President G.W. Bush in March 2001. Ruppert cites other links between the CIA and bankers/brokers, such as John Deutch, now on the board at Citicorp, the nation's second largest bank, who was former CIA director in the Clinton Administration, and Nora Slatkin, retired CIA executive director who also sits on Citibank's board. Ruppert's report falls short of providing hard evidence that these CIA-associated people were involved in insider trading that generated massive profits in the wake of the WTC attack. [Michael Ruppert newsletter at copvcia.com, Wilderness Publications]
oh yeah, and boycott Bayer...