Professional, Polite, Prepared to Kill

Financial Terrorism on Wall Street?

From Right Side News and definately worth another read:

Terrorist attack Wall Street 
Sept 18, 2008 1201 PM PDT
By Michael Webster: Investigative Reporter
U.S. government law enforcement agencies including the SEC, FBI and DOJ are on alert and are believed investigating terror and other related short selling illegal manipulation of the market place.

It was reported that between August 26 and September 11, 2001, groups of speculators, including Middle Eastern country investors, some reported connected to terrorist such as Al Qaeda and the Ben Laden family, these groups were believed connected to predicting the demise of certain airline and buildings including the New York Trade Center. Still others were identified by the American Securities and Exchange Commission as Israeli citizens, who sold “short” a list of 38 stocks that could reasonably be expected to fall in value as a result of the pending 911 attacks. According to the reports these speculators operated out of the Toronto, Canada and Frankfurt, Germany, stock exchanges and their profits were specifically stated to be huge.

Apparently none of the suspicious transactions could be traced to Bin Laden because this news item quietly dropped from sight, leaving many people wondering if it tracked back to American firms or intelligence agencies.  More from RightSideNews

Another must read from RightSideNews:

Our current economic crisis: Could part be a terror attack on U.S. financials?


October 11, 2008 - Posted by | economy, Homeland Security | , ,

1 Comment »

  1. What is war but destruction of assets ?
    In the conventional war the military target infrastructure, roads, bridges humans to destabilize a nation . It is targeting the economy in another sense. Targeting the economy through the financial route is much more potent and lasting.
    A quick back of the envelope calculation shows that the current financial events are causing a multi trillion $ economic damages. The effects of these events is to be felt for years to come in the form of underdevelopment, unemployment, human tragedies, psychological stress, lifestyle changes, all for the worse.

    Let us do a review of events

    The financial problem in the US was identified for quite some time due to the sub prime crisis however things seemed to be under control. The problem turned to crisis.

    What we have seen is a systematic targeting and elimination of large institutions one by one.

    Who are the people responsible? What is their motive? Is it just making profits? Who is funding them? How much money can bring down a nation? If it is purely for profits, it is really testing the limits of capitalism.

    There are individuals and institutions have identified the targets ,The big financial names, chosen the weakest of the group , attacked by short selling its assets, making huge profits and then moving on to the next on the list.

    The modus operndi has been so well defined and executed so precisely that the Governments of the world were brought to their knees.

    Some rouge elements have been identified as hedge funds which are not regulated by any government. They exist and they act independently. They are like Tsunamis of the world causing much more havoc than any natural storm. The trouble is that these financial mercenaries can also be used by nations and organizations with the intent of causing civil unrest.

    One similarity between the 9/11 attacks and the present financial attacks is that the existing system was used . The attacks were made from inside. While the 9/11 was planned and executed within the state boundaries, by people living within , the financial attacks were made making use of the systemic faults.

    Financial wars are high up on the evolutionary ladder. And the more evolved a war is the more destruction it causes.

    The World leaders must get organized to prevent such attacks.

    The financial attacks must be repelled and the the perpetrators tried for treason. Strong measures are required to fight this highly evolved method of terrorism.

    More views on Financial Terrorism at

    Comment by Anup M Kochhar | October 20, 2008 | Reply

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