Explain the stock market for me...

Panoply_Prefect

Graduate Poster
Panoply_Prefect
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Sweden
Hi!

Could someone help me out. Im being told that Andreas Von Bülow (among others) claims that "the government" has classified what financial actors traded in shares that might drop after the attack. Eg that "They keep it secret so you wont know that NWO, The israelis, Cheney, whoever, made a ton of dough on stock-trading knowing that the attack would occur".

I have no clue on these things. Is stock trading (who buys/sells what when) normally not classified?

Cheers,
SLOB
 
Stock trading is normally private. The government can't reveal who made the trades, unless they present the data in a criminal trial. Not revealing who made the trades is consistent with their not finding any illegal activity.

It's not that it's classified, as in government military secrets, it's just that the government doesn't reveal financial information of private citizens. Would you want them publishing your tax return?
 
And does Mr. Von Bulow reveal if this is just the US, or other countries too (inasmuch as we live in a global economy)?
 
These issues were investigated by the 9/11 Commission. It was found that they had no significance to 9/11 and showed no sign of foreknowledge.

I'll get you a link later on.
 
As I understand it, the government does not have the authority to reveal this information because it is considered private. In this respect, it is similar to cockpit voice recorder information.

Claiming that the government is concealing this information implies that the government has the ability or authority to reveal it. This is a false assumption.
 
Would you want them publishing your tax return?
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to elaborate, would you want the gov publishing your tax return simply because some guys on the internet accused you of cheating?
 
As I understand it, the government does not have the authority to reveal this information because it is considered private. In this respect, it is similar to cockpit voice recorder information.
Click to expand...

I wonder if that's true in all countries, though? For example in the UK house sale prices are actually a matter of public record, even though you would imagine it to be wholly private.

I'd have to research it, and frankly can't be bothered since it's ludicrous that the masterbrains who organised any "conspiracy" would then give it all away by carrying out such obvious insider dealing.
 
The Doc said:
These issues were investigated by the 9/11 Commission. It was found that they had no significance to 9/11 and showed no sign of foreknowledge.

I'll get you a link later on.
Click to expand...

Tnx, I've read the report. I imagined nothing out of the ordinary was kept secret - and this thread confirmed this - but I wasn't sure. Sweden for instance have a very open view on tax and income, I imagine US is much less open in this regard.

To sum up: The truther who asked my "Why do they keep this a secret" didn't really know, neither did I, but not thats sorted - thnx. He however find it plausable that the fact that the government doesnt reveal something they are not allowed to, is a sure sign somethings fishy.
Which is a tad odd, since this is a clear example of the government actually showing their citizens respect. I imagined that would make them happy, but nooo.

On a sidenote the truther in question regards the Commissions report as pure lies. I then asked him if "they" can fabricate it, distort and lie, attack their own country with missiles and radio-controlled airplanes, remove evidence, plant airplan debris, remove missile debris, threaten witnesses, ummm plant small tactical nukes on Manhattan, et. cetera - why didnt they just put in the report that Al Quaida made extensive money on inside stock trading? (The report states that it was claimed that Al Quaida did this but no evidence support it so its dismissed) Havent got an answer yet.

Tnx and,
Cheers,
SLOB
 
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Architect said:
I wonder if that's true in all countries, though? For example in the UK house sale prices are actually a matter of public record, even though you would imagine it to be wholly private.

/quote]

Most, if not all, counties in the US publish real estate sale transaction records as well. While the tax assessed value in the property as well as sale prices are part of the public record, personal information outside of the names of those involved in the transaction are omitted.
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i think a good thing to look at is not the companies that had put options purchased, but rather the ones that didnt

the truthers seem to focus on the trading of 4 stocks (all of which were already losing money) but 9/11 was guaranteed to knock down more than 4 companies, why only place puts on those 4, and thus make yourself noticable through high volume, why not spread it out more?

it becomes even more rediculous when you look at the other things the truthers beleive

they embezzeled 2.3 trillion dollars from the DoD budget

they stole 70 trillion from leo wanta

they traded stocks to get 2 million....whoop dee friggin doo
 
Watch it, some woowoo will mention that Martha woman that blew it all for a couple of measly dollars.....
 
Architect said:
Watch it, some woowoo will mention that Martha woman that blew it all for a couple of measly dollars.....
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Martha Stewart. She acted on a tip she got from a bigwig, made a few bucks, but ended up going to prison for insider trading.

I met her once. Truly one of the most obnoxious people now walking the planet.
 
jhunter1163 said:
Martha Stewart. She acted on a tip she got from a bigwig, made a few bucks, but ended up going to prison for insider trading.

I met her once. Truly one of the most obnoxious people now walking the planet.
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Yup, and now she'll always be a convicted criminal! :)


I am minded of Private Eye, who take great delight in calling Lord Archer a "convicted liar" at every possible opportunity.....never mind what they say about Robert Maxwell! :D
 
Yes, stock trades are private information. They would not fall under the government's jurisdiction at all. If you choose to reveal you've purchased stock, great. If not, that is your right. As part of a criminal investigation, the government investigators or prosecutors might have access to the information, but they can't just make it public because some nut job wants the information.

It's not government info, so FOIA doesn't cover it either. You can't just ask to see someone's stock portfolio, or ask a brokerage to reveal who bought what. Well, more precisely: you can ask, but you can't demand an answer.

They might be referring to the fact that the overall volume of trades for a given company is public knowledge. That's true, but the information can't be, and never was, classified. You can find up to date trading info on many financial web sites, but it'll never tell you who bought what. That would be equivalent to a bank posting the balances of its customers on their web site.
 
Architect said:
Yup, and now she'll always be a convicted criminal! :)


I am minded of Private Eye, who take great delight in calling Lord Archer a "convicted liar" at every possible opportunity.....never mind what they say about Robert Maxwell! :D
Click to expand...

Do you remember how Have I Got News For You treated Ernest Saunders, after he complained that they implied that he faked his Alzheimer's in order to get out of prison early (he later "recovered")?
They spent the whole of the next show flashing up his picture every 5 min with the caption" convicted fraudster" underneath it.
 
jhunter1163 said:
Martha Stewart. She acted on a tip she got from a bigwig, made a few bucks, but ended up going to prison for insider trading.

I met her once. Truly one of the most obnoxious people now walking the planet.
Click to expand...
Have to correct you on an important point here. She was not convicted for insider trading. They didn't have the goods on her for that (though they certainly believe she did it). They got her for lying to investigators when she went in voluntarily to discuss the case with the FBI and denied some events that later proved to have happened. She could have stayed home and said not a word, and she would have walked away scot free.
 
William Rea said:
Does the NYSE building have a concrete core with rebar?
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I don't know, but I work pretty damn close to both that and the Federal Reserve, so I'd better be careful.

You know, just in case the Joooz decide to "pull" another building or something. ;)
 
defaultdotxbe said:
i think a good thing to look at is not the companies that had put options purchased, but rather the ones that didnt

the truthers seem to focus on the trading of 4 stocks (all of which were already losing money) but 9/11 was guaranteed to knock down more than 4 companies, why only place puts on those 4, and thus make yourself noticable through high volume, why not spread it out more?

it becomes even more rediculous when you look at the other things the truthers beleive

they embezzeled 2.3 trillion dollars from the DoD budget

they stole 70 trillion from leo wanta

they traded stocks to get 2 million....whoop dee friggin doo
Click to expand...

Hey, that $70 trillion thing is true! I am waiting for my cut. This time next year I will be on my yacht in the Carribean...

Don't forget the trillion dollars of gold in the World Trade Center.
 
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