Fwd: Shortselling prior to attacks?

Doug Henwood dhenwood at panix.com
Thu Sep 20 08:34:27 PDT 2001


[sent to me rather than the list]


>X-From_: chavdarn at yahoo.com Thu Sep 20 08:55:14 2001
>Date: Thu, 20 Sep 2001 05:55:11 -0700 (PDT)
>From: Mr Chavdar Naidenov <chavdarn at yahoo.com>
>Subject: Shortselling prior to attacks?
>To: dhenwood at panix.com
>MIME-Version: 1.0
>
>The Russian NTV informed on the 19th that prior to the
>attack last Tuesday, the stocks of airlines had
>plunged and that unknown players had been shortselling
>- betting on a price decrease. The report cited their
>correspondents in NY. The Securities and Exchange
>Commission was investigating the matter, the report
>said.
>
>Today I heard on BBC that such an investigation was
>underway against persons, who might have earned
>millions from the act they were preparing. But were
>they the only ones to cash in?
>
>I remember that Counterpunch ran a story that San
>Francisco Mayor Willie Brown cancelled his booking to
>NY on a security warning, and that Golman Sachs
>employees in Tokyo were advised to avoid US government
>buildings on the date of the tragedy.
>
>I have a feeling the subject will not get much
>attention, if the investigation reaches _awkward_
>results. Yet it could be very important politically. I
>remember the Kennedy affair. In the current context it
>is significant for the world outide America, too.
>
>Anyway, have LBO-ers encountered this or a similar
>story?
>
>Can such shortselling be done anonymously?
>
>I'm a Bulgarian journalist, veteran 'lurker' of LBO,
>wrote a few times.
>I offer my condolences to American participants.
>
>Chavdar
>
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