Essay On 911 Conspiracy

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The 911 Conspiracy On the morning of September 9th, 2000, a shocking event, which would be remembered by the world, even 15 years later, occurred. 4 passenger airlines ----specifically, American Airlines Flight 11, United Airlines Flight 175, American Airlines Flight 77 and United Airlines Flight 93---- were hijacked by Al-Qaeda terrorists, and were respectively flown into the North and South towers of the World Trade Center, and the Pentagon in a suicide attack. Fortunately, Flight 93 which was initially planned to crash into Washington, D.C., was overtaken in a brave move by the passengers, and was crashed into a field near Shanksville, Pennsylvania. This is the event which struck the Firefighting and Law Enforcement agencies, with the former receiving 343 casualties, and the latter receiving 72. The official report, named The 9/11 Commission Report, was prepared by the National Commission on Terrorist Attacks Upon the United States, on the behest of the 43rd President of…show more content…
One of the most suspicious activities before the attacks were the actions of people in the stock market. A large number of ‘put’ options were placed on American Airlines and United Airlines’ stocks. For the financially illiterate, a put option is when a trader obtains the right to sell a stock or asset, at a specific price on a predetermined date to a seller. In this case, selling shares of A.A. and U.A. at its price before the 911 attacks, after the 911 attacks, which would be a significant amount of money. I will quote Allen M. Poteshman, from The Journal of Business. “A measure of abnormal long put volume was also examined and seen to be at abnormally high levels in the days leading up to the attacks. Consequently, the paper concludes that there is evidence of unusual option market activity in the days leading up to September 11 that is consistent with investors trading on advance knowledge of the
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