There seems to have been an abnormally high number of shortsell orders on the NYSE, just before the 9-11 attacks. presumably, the terrorist could have made a fortune from short selling before the disaster. in particular, airline stocks suffered huge drops. Does Bin-Laden’s family have xtensive invstments of this type? And, how mush was made by shortsellers in the aftermath of 9-11?
Seems like the SEC should do a public investigation-we may well find that these sales have been fund the world’s terrorists!
I don’t believe so. They placed the orders, but never collected on them. An investigation was opened; the culprits were never found.
Do you have any links to reports on any of these investigations?
Here’s the Snopes article. It’s from 2001, no updates in a long time.