The source familiar with the United trades identified Deutsche Banc Alex. Brown, the American investment banking arm of German giant Deutsche Bank, as the investment bank used to purchase at least some of the options. Rohini Pragasam, a bank spokeswoman, declined comment.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/09/29/MN186128.DTL&ao=2#ixzz1gTI4ti50
More confirmation came from other news sources:
2000: $250 Million Bank Transfer Suggests Links Between Bin Laden, His Family, and Pakistani
A transfer of 241 million euros (over $250 million) is made to Pakistan in this year from a Swiss bank account belonging jointly to Osama bin Laden and a Pakistani. The Pakistani is Akberali Moawalla, a former business partner and an acquaintance of Osama’s brother Yeslam bin Laden. This Deutsche Bank joint account belongs to a company called Cambridge, which is a subsidiary of the Saudi Binladin Group, the bin Laden family company. After French investigators will discover records of this money transfer in late 2004, a French judge will authorize widening a probe into the financial network surrounding the bin Laden family. [Reuters, 12/26/2004; Der Spiegel (Hamburg), 6/6/2005] The discovery of this sizable joint bank account will contradict the conclusions of the 9/11 Commission, which will claim that bin Laden inherited far less than is commonly reported and never had a fortune in the hundreds of millions of dollars (see August 21, 2004). [Agence France-Presse, 7/26/2004]
Entity Tags: Bin Laden Family, 9/11 Commission, Cambridge, Deutsche Bank, Akberali Moawalla, Osama bin Laden
Timeline Tags: Complete 911 Timeline
September 6-10, 2001: Suspicious Trading of Put Option Contracts on American and United Airlines Occur
A. B. “Buzzy” Krongard. [Source: Public domain]Suspicious trading occurs on the stock of American and United, the two airlines hijacked in the 9/11 attacks. “Between 6 and 7 September, the Chicago Board Options Exchange [sees] purchases of 4,744 put option contracts [a speculation that the stock will go down] in UAL versus 396 call options—where a speculator bets on a price rising. Holders of the put options would [net] a profit of $5 million once the carrier’s share price [dive] after September 11. On September 10, 4,516 put options in American Airlines, the other airline involved in the hijackings, [are] purchased in Chicago. This compares with a mere 748 call options in American purchased that day. Investigators cannot help but notice that no other airlines [see] such trading in their put options.” One analyst later says, “I saw put-call numbers higher than I’ve ever seen in ten years of following the markets, particularly the options markets.” [Associated Press, 9/18/2001; San Francisco Chronicle, 9/19/2001]“To the embarrassment of investigators, it has also [learned] that the firm used to buy many of the ‘put’ options… on United Airlines stock was headed until 1998 by ‘Buzzy’ Krongard, now executive director of the CIA.” Krongard was chairman of Alex Brown Inc., which was bought by Deutsche Bank. “His last post before resigning to take his senior role in the CIA was to head Bankers Trust—Alex Brown’s private client business, dealing with the accounts and investments of wealthy customers around the world.” [Independent, 10/14/2001]
Entity Tags: Chicago Board Options Exchange, United Airlines, American Airlines, Deutsche Bank, Computer Assisted Passenger Prescreening System
Timeline Tags: Complete 911 Timeline, 9/11 Timeline
September 14, 2001: Deutsche Bank Exec Resigns, Prompting Speculations of 9/11 Connection
Mayo Shattuck III resigns, effective immediately, as head of the Alex Brown unit of Deutsche Bank. No reason is given. Some speculate later that this could have to do with the role of Deutsche Bank in the pre-9/11 purchases of put options on the stock of companies most affected by 9/11. Deutsche Bank is also one of the four banks most used by the bin Laden family. [New York Times, 9/15/2001; Wall Street Journal, 9/27/2001]
http://www.historycommons.org/entity.jsp?entity=deutsche_bank
For the following part we need to look at SilverStream/Clearstream. Most of this info is thanks to Dr.Debug's 9/11 investigation. Decide for yourself if the two are related.
9/11 wire transfers:
http://www.youtube.com/watch?v=tYKPeL13TxA
SilverStream 9/11 whistleblower:
http://www.youtube.com/watch?v=P3T7ihOgYn4&feature=related
http://www.youtube.com/watch?v=wGMk-dK5XQU
Quote
SilverStream had built internet transactional and trading platforms for Merrill Lynch, Deutsche Bank, Banker’s Trust, Alex Brown, Morgan Stanley; to name a few. I was responsible for these accounts at one time or another. Coincidently, several of these companies purchased space in the World Trade Center and simultaneously completed disaster-recovery and business continuance implementations just prior to 9-11.
If you’re interested in researching what I just mentioned about the financial institutions involved, just Google “Buzzy Krongard + A.B. Brown”, and you’ll see the connections to our Intelligence Community
http://www.freewebs.com/abigsecret/Grove.html[/b]
If you’re interested in researching what I just mentioned about the financial institutions involved, just Google “Buzzy Krongard + A.B. Brown”, and you’ll see the connections to our Intelligence Community
http://www.freewebs.com/abigsecret/Grove.html[/b]
Cedel was formed into Clearstream in 2001 by the Deutsche Borse purchase:
Quote
Silverstream as part of Clearstream
Deutsche Borse is the owner of the German Stock Exchange.
In 2001, 2004 and 2006 Deutsche Börse was in advanced negotiations for a takeover of the London Stock Exchange which would have brought two of the biggest bourses in Europe into one holding. NYSE beat out Deutsche Börse's final bid in 2006.
http://en.wikipedia.org/wiki/Deutsche_Borse
Because the biggest person at Marsh was Oscar Fanjul who entered their Boards of Directors in 2001. I thought that the main reason was Repsol, since that would add an oil division to their operations. However he is also on the Boards of Directors of London Stock Exchange.
Spitfire list has an interesting story about 9/11 and Clearstream:
37. Reviewing information presented in FTR#356, the program notes that SICO opened 16 unpublished accounts with the Clearstream network in early 2001. (For more about the Clearstream network—owned by the Deutsche Borse —see FTR#’s 356, 357, 360, 367, 376, 387, 458, 463, 485.)
The possibility that these accounts were used to finance the activities of 9/11, including (perhaps) the enormous amounts of cash available to Rudi Dekkers, Atta and company is one to be SERIOUSLY INVESTIGATED. Note in this context that Clearstream is owned by the Deutsche Borse, which in turn is owned by the major German commercial banks and they are controlled by the Bormann group.
Note also that the BCCI heavily utilized the Clearstream network, as (apparently) did the 9/11 conspirators. As noted in FTR#’s 462, 464, Robert Mueller covered up the BCCI investigation and his FBI is now covering up Operation Green Quest—the investigation into the 9/11 money trail. “In November, U.S. authorities named some banks that had bin Laden accounts, and it put them on a blacklist. One was Al Taqwa, ‘Fear of God,’ registered in the Bahamas with offices in Lugano, Switzerland. Al Taqwa had access to the Clearstream system through its correspondent account with the Banca del Gottardo in Lugano, which has a published Clearstream account (No. 74381). But Bin Laden may have other access to the unpublished system.
(...)
http://www.spitfirelist.com/f495.html
If Deutsche Börse is owned by commercial banks, it is very likely that Deutsche Bank is the biggest owner, because it's one of the biggest banks in the world. They are listed on the Boards of Directors of Deutsche Börse.
The Deutsche Bank is one of the three owners:
The second half of the program focuses on the control of the Deutsche Borse by three big German commercial banks: the Deutsche Bank, the Dresdner Bank and the Commerzbank.
http://www.spitfirelist.com/f232.htmt
Bormann Group is interesting as well. The Bormann Group's main player is Thyssen-Bornemisza. I think you remember that name, right. That was Prescott Bush's business partner.
26. Among the companies whose stocks were involved in the “short selling” are Swiss Reinsurance and Munich Reinsurance. (Idem.) Both companies have liability in the World Trade Center bombing. Allianz was another insurance company whose stock was (according to some) suspiciously. Mr. Emory has detailed his suspicions that the stock manipulation was performed by the Bormann group (probably including the Al Taqwa Group.) The economic and political component of a Third Reich gone underground, the Bormann organization controls corporate Germany and much of the rest of the world. The Bormann group is a primary element of the analysis presented in the For the Record programs. For more about the Bormann organization, see: FTR#’s 87, 90, 99, 102, 120, 122, 123, 125, 127, 134, 145, 152, 155, 158, 177, 179, 180, 187, 189, 193, 194, 195, 200, 215, 216, 218, 219, 224, 226, 232, 233, 234, 235, 238, 239, 240, 241, 242, 245, 248, 250, 251, 261, 272, 273, 274, 275, 276, 278, 283, 286, 292, 293, 294, 298, 299, 300, 302, 303, 305, 309, 313, 322.)
27. One of the primary elements of the Bormann organization is the Thyssen-Bornemisza organization, headquartered in Lugano, Switzerland (the base for Youssef Nada’s operations.) (Martin Bormann: Nazi in Exile; Paul Manning; Copyright 1981 ; Lyle Stuart Inc.; ISBN 0-8184-0309-8; P. 237.) Mr. Emory speculates that the Nada/Al Taqwa organization may very well be part of the Bormann organization.
http://www.american-buddha.com/911.nadamantaqwaspitfire... (Registration req.)
Deutsche Borse is the owner of the German Stock Exchange.
In 2001, 2004 and 2006 Deutsche Börse was in advanced negotiations for a takeover of the London Stock Exchange which would have brought two of the biggest bourses in Europe into one holding. NYSE beat out Deutsche Börse's final bid in 2006.
http://en.wikipedia.org/wiki/Deutsche_Borse
Because the biggest person at Marsh was Oscar Fanjul who entered their Boards of Directors in 2001. I thought that the main reason was Repsol, since that would add an oil division to their operations. However he is also on the Boards of Directors of London Stock Exchange.
Spitfire list has an interesting story about 9/11 and Clearstream:
37. Reviewing information presented in FTR#356, the program notes that SICO opened 16 unpublished accounts with the Clearstream network in early 2001. (For more about the Clearstream network—owned by the Deutsche Borse —see FTR#’s 356, 357, 360, 367, 376, 387, 458, 463, 485.)
The possibility that these accounts were used to finance the activities of 9/11, including (perhaps) the enormous amounts of cash available to Rudi Dekkers, Atta and company is one to be SERIOUSLY INVESTIGATED. Note in this context that Clearstream is owned by the Deutsche Borse, which in turn is owned by the major German commercial banks and they are controlled by the Bormann group.
Note also that the BCCI heavily utilized the Clearstream network, as (apparently) did the 9/11 conspirators. As noted in FTR#’s 462, 464, Robert Mueller covered up the BCCI investigation and his FBI is now covering up Operation Green Quest—the investigation into the 9/11 money trail. “In November, U.S. authorities named some banks that had bin Laden accounts, and it put them on a blacklist. One was Al Taqwa, ‘Fear of God,’ registered in the Bahamas with offices in Lugano, Switzerland. Al Taqwa had access to the Clearstream system through its correspondent account with the Banca del Gottardo in Lugano, which has a published Clearstream account (No. 74381). But Bin Laden may have other access to the unpublished system.
(...)
http://www.spitfirelist.com/f495.html
If Deutsche Börse is owned by commercial banks, it is very likely that Deutsche Bank is the biggest owner, because it's one of the biggest banks in the world. They are listed on the Boards of Directors of Deutsche Börse.
The Deutsche Bank is one of the three owners:
The second half of the program focuses on the control of the Deutsche Borse by three big German commercial banks: the Deutsche Bank, the Dresdner Bank and the Commerzbank.
http://www.spitfirelist.com/f232.htmt
Bormann Group is interesting as well. The Bormann Group's main player is Thyssen-Bornemisza. I think you remember that name, right. That was Prescott Bush's business partner.
26. Among the companies whose stocks were involved in the “short selling” are Swiss Reinsurance and Munich Reinsurance. (Idem.) Both companies have liability in the World Trade Center bombing. Allianz was another insurance company whose stock was (according to some) suspiciously. Mr. Emory has detailed his suspicions that the stock manipulation was performed by the Bormann group (probably including the Al Taqwa Group.) The economic and political component of a Third Reich gone underground, the Bormann organization controls corporate Germany and much of the rest of the world. The Bormann group is a primary element of the analysis presented in the For the Record programs. For more about the Bormann organization, see: FTR#’s 87, 90, 99, 102, 120, 122, 123, 125, 127, 134, 145, 152, 155, 158, 177, 179, 180, 187, 189, 193, 194, 195, 200, 215, 216, 218, 219, 224, 226, 232, 233, 234, 235, 238, 239, 240, 241, 242, 245, 248, 250, 251, 261, 272, 273, 274, 275, 276, 278, 283, 286, 292, 293, 294, 298, 299, 300, 302, 303, 305, 309, 313, 322.)
27. One of the primary elements of the Bormann organization is the Thyssen-Bornemisza organization, headquartered in Lugano, Switzerland (the base for Youssef Nada’s operations.) (Martin Bormann: Nazi in Exile; Paul Manning; Copyright 1981 ; Lyle Stuart Inc.; ISBN 0-8184-0309-8; P. 237.) Mr. Emory speculates that the Nada/Al Taqwa organization may very well be part of the Bormann organization.
http://www.american-buddha.com/911.nadamantaqwaspitfire... (Registration req.)
Munich Re is highlighted because Deutsche Bank made those trades.
Allow a second or two for the DU links to load as they will automatically scroll down to the post.
http://www.democraticunderground.com/discuss/duboard.php?address=125x100059&az=view_all#101924
Other interesting related reads:
http://www.democraticunderground.com/discuss/duboard.php?address=125x100059&az=view_all#101652
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=1992426&mesg_id=1997055
Bahrain International Bank, which has been suspected of moving Osama bin Laden's money, had an account number in Clearstream, according to records supplied by Ernest Backes.[31]
31)Tracking Terrorist Money - 'Too Hot for US to handle?' by Lucy Komisar". Pacific News Service. October 4, 2001. http://www.webcom.com/hrin/magazine/money.html.
The thing is SilverStream was used for the 9/11 transfers. The name Clearstream may have been influenced by Deutsche Bank because of the new wire transfer software. Deutsche Bank was one of the first using Silverstream because they already used it in the mid 90's when the company had just started and it wasn't very big yet. The other thing is SilverStream was swallowed up by Novell right after 9/11 and apparently Novell has a good seat in Luxembourg. Luxembourg's stock market had heavy pre 9/11 insider trading. Remember Novell is the leading software and services company on the planet.
For me the old reporting by MCR confirms that Deutsche Bank put them together:
All sings lead to Deutsche Bank
"More evidence appeared and had to be thoroughly ignored because it could not be explained with spin or ridicule. Convar, a German firm hired to retrieve data from damaged computer systems left in the rubble of the World Trade Center, found that there was a deluge of electronic trading just minutesbefore the first plane struck. Quoting a December 16 report from Reuters, writer Kyle Hence (of <www.911cit- izenswatch.org) found a compelling quotation from one of Convar’s directors:
Peter Henschel, director of Convar … said, ‘not only the volume, but the size of the transactions was far higher than usual for a day like that.’ Richard Wagner, a data retrieval expert, estimated that more than $100 million inillegal transactions appeared to have rushed through the WTC computers before and during the disaster.24
The Reuters story was partially confirmed for me when I was contacted by a Deutsche Bank employee who had survived the attacks by fleeing the WTC after the first plane hit. According to the employee, about five minutes before the attack the entire Deutsche Bank computer system had been taken over by something external that no one in the office recognized and every file was downloaded at lightning speed to an unknown location. The employee, afraid for his life, lost many of his friends on September 11, and he was well aware of the role that the Deutsche Bank subsidiary Alex. Brown had played in insider trading. He also vol- unteered something that was being increasingly recognized around the world. Mohammed Atta and many of the 9/11 hijackers who had lived and planned for months with al Qaeda leaders in Frankfurt, Germany had kept accounts with Deutsche Bank." [/quote]
"Crossing the Rubicon" by Michael Ruppert pg 244:
The best thing to do is use this link:
http://www.democraticunderground.com/discuss/duboard.php?address=125x100059&az=view_all#101924
Because it will scroll down to the post and the info is put together very well and clear to read.
Do you consider their overall service for any other crime?