Context of 'April 25, 2004: Academic Paper Determines 9/11 Insider Trading Not Due to Chance' This is a scalable context timeline. It contains events related to the event April 25, 2004: Academic Paper Determines 9/11 Insider Trading Not Due to Chance. You can narrow or broaden the context of this timeline by adjusting the zoom level. The lower the scale, the more relevant the items on average will be, while the higher the scale, the less relevant the items, on average, will be.
CIA covert Operation PB Success successfully removes Guatemalan leader Arbenz from power. [Gleijeses, 1992; Central Intelligence Agency, 1994; Doyle and Kornbluh, 1997; CNN Perspective, 10/1997; Woodward, 1999; Woodward, 1999; Schlesinger and Kinzer, 1999] The CIA director at this time, Allen Dulles, was formerly the president of the United Fruit Fruit Company (UFCO) and the previous CIA director and under-secretary of state, General Walter Bedell Smith, is on the company’s board of directors. Smith will become UFCO’s president following the overthrow. [Blum, 1995] Allen Dulles’ brother, John Dulles, who is Secretary of State, previously worked as a lawyer defending the United Fruit Company. [Ginsberg, 1996; CNN, 2/21/1999] A company called SCT attempts to purchase Inslaw, which designed the PROMIS database and search application. SCT is assisted by the New York investment bank Allen & Co., which helps with the finance for the proposed deal. The attempt fails, but, according to Inslaw’s founder William Hamilton, in the process a number of Inslaw’s customers are warned by SCT that Inslaw will soon go bankrupt and will not survive reorganization. Wired magazine will say that Allen & Co. has “close business ties” to Earl Brian, a businessman who is said to be interested in PROMIS software and who is well-connected inside the Ronald Reagan administration. [Wired News, 3/1993] Senator George Allen (R-VA) says on CNN that the US needs to consider fomenting regime change in Iraq, Iran, and Syria. [Unger, 2007, pp. 217] Allen Poteshman, a professor of finance at the University of Illinois, publishes a paper demonstrating that the insider trading in options on United and American airline stocks indicates someone profited from foreknowledge of 9/11. Poteshman concludes, “There is evidence of unusual option market activity in the days leading up to September 11.”
[Poteshman, 3/10/2004 ; Chicago Tribune, 4/25/2004]
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