911 Trillions: Follow the Money

In this documentary, James Corbett approaches the mystery of 9-11 by tracing money flows rather than physical evidence – ie he identifies individuals and companies that plainly had foreknowledge of the 9-11 attacks and used it to reap windfall profits.

The three main ways people profited from 9-11 were insurance scams, insider trading and fraudulent electronic transactions. Ironically the Securities and Exchange Commission (SEC), 9-11 Commission and FBI identified some of the same scam artists as Corbett and other private researchers. Bizarrely they declined to indict them owing to “no known ties to al Qaeda.”

Insurance Scams

Key suspects: Larry Silverstein, GMAC (the finance arm of General Motors) and real estate developers Lloyd Goldstein and Joseph Kerr. GMAC, Goldman and Kerr helped finance Silverstein purchase of the Twin towers from the New York Port Authority in July 2001. Immediately on taking possession, Silverstein doubled the insurance coverage from $1.5 billion (the buildings’ assessed value was $1.2 billion) to $3.55 billion. In addition, following the attacks, the Port Authority repaid Silverstein 80% of the original lease. In total, Silverstein netted a $4.5 billion profit from 9-11.

Insider Trading

On Sept 10 2001, the SEC identified a 90% increase in “put options”* for companies whose stocks would tank the week after 9-11:

• United Airlines
• American Airlines
• Morgan Stanley (one of two major tenants in Twin Towers)
• Marsh & McLennan (one of two major tenants in Twin Towers)
• Boeing
• Citigroup
• Axa
• Merrill Lynch
• J P Morgan
• various reinsurers

The SEC also noted a six-fold increase in “call options” on defense contractor Raytheon (manufactured missiles subsequently used in attack on Afghanistan) in the weeks prior to the attacks.

Three of the most prominent insider traders were Mrs and Mrs Wirt D Walker III (distant relatives of George Herbert Walker Bush and business partners with Marvin Bush with links to the Carlyle Group***) and Deutsche Bank, Alex Brown Division, run by to Buzzy Krongard, former consultant to former CIA director James Woolsey Jr.

Fraudulent Electronic Transactions

Marsh & McLannan was responsible for developing Silverstream, an innovative method of paperless electronic transactions. A team of March & McLannan auditors were investigating $100 million in suspicious transactions involving AIG and Deutsche Bank. All were killed in the 9-11 attacks – their data sets conveniently destroyed. A German company Convar was able to reconstruct most of these transactions from hard drives recovered at Ground Zero.

Attack on the Pentagon

The attack on the Pentagon killed the Department of Defense team investigating the $2.3 trillion that went missing from the DOD 2000-2001 budget – and destroyed all their data.

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*A put option lets the option owner sell a stock at its original price when the share price falls – pocket the difference.

**A call option lets the option owner buy a stock at its original price when a share price increases – and pocket the difference.

***Carlyle Group – a global equity management group, closely linked with George H. W. Bush and the bin Laden family.

Assassination as US Foreign Policy

Hidden History: How the Gladio Assassinations of Alfred Herrhausen and Detlev Rohwedder Turned Eastern Europe into a Wall Street Sweatshop

Late Pentagon and intelligence inside Col Fletcher Prouty was the first to raise the alarm that the 1989 assassination of Deutche Bank president Alfred Herrhausen was intelligence-related. This was two decades before the CIA/NATO’s secret Operation Gladio* assassination program became common public knowledge. Although officials on both sides of the Atlantic blamed the so-called Red Army Faction, the extremely sophisticated bomb that killed Herrhausen was well beyond the expertise of amateur extremists.

In a 1992 interview with the Italian Newspaper Unita Prouty states “Some great power center wanted for some reason to get rid of the board spokesman of Deutsche Bank on that day and in that manner, in order to teach others a lesson. So there is a message in the way he was killed.” He adds,“When you consider the great importance of events in the Soviet Union, in Eastern Europe, and especially in Germany . . . then the Herrhausen assassination is tremendously significant. We must not allow it to be swept under the rug.”

In Prouty’s view, the key to the Herrhausen assassination, occurring three months after the fall of the Berlin wall, was his revolutionary proposal to found a Polish development bank, modeled on the German Kreditanstalt fur Wiederaufbau, which played a crucial role in the postwar economic reconstruction of Germany.

What Went Wrong with East Germany?

Economist and historian William Engdahl would explore the Herrhausen assassination in more depth in a 1992 article entitled What Went Wrong with East Germany. The article points out that Herrhausen’s banking views differed significantly from those of the US/British banking establishment.

Herrhausen, recruited by Chancellor Helmut Kohl to assist in planning the economic reunification of Germany, was a champion of third world debt forgiveness. Poland’s debt service burden to help stimulate development in former eastern bloc economies. He also argued strongly for a slow process of German reunification, one that would make full use of East German worker’s superior technological education and skill level. This approach would stimulate East German industrial infrastructure development while simultaneously protecting East Germans against a sudden loss of social supports they enjoyed under the communist regime. Most controversially he proposed to build a high speed rail link connecting Paris, Hanover, Berlin, Warsaw and Moscow.

The 1991 Assassination of Treuhand Chief Detlev Rohwedder

Instead of taking 10 years, as Herrhausen proposed, following his murder, the process of German monetary and economic union was compressed down to one year. In June 1990, Kohl appointed Detlev Rohwedden to head the government created company Treuhandanstalt to oversee the disposition of the entire East German economy. From the outset, Rehwedder, who shared Herrhausen’s vision of East German infrastructure development, was in constant battle with the western banking establishment and other members of Kohl’s cabinet. He insisted on modernizing East German state industries to make them economically viable, whereas the Anglo/American banking establishment sought to simply dump them onto the open market for private investors to buy up.

In his final interview five days before his death, he announced victory – a vital Treuhand policy change from that of immediate privatization to one emphasizing the rehabilitation of existing industries to make them more competitive.

On April 2 1991, Rohwedder was assassinated by a so-called “RAF third generation” sniper who left no forensic traces to his identity. Within weeks of his death, Rohwedder’s Treuhand policy was quietly reversed under new leadership.

The doors of Treuhand were opened to a host of management consultants to pick over the 81,000 East German companies under Treuhand and prepare them for rapid sell-off. Western firms were offered large incentives to buy former East German state owned firms only to shut them down, fire the work force, or use them in similar jobs at a fraction of what western workers would get.

The social consequences of this new Treuhand policy were staggering. In summer 1992, the real level of unemployment (including half time workers) in former East Germany was 40% of the work force.

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*Operation Gladio was part of a post-World War II program set up by the CIA and NATO supposedly to thwart the influence of left-wing groups and politicians in electoral politics in Western Europe. They were notorious for false flag operations in which bombings and assassinations were blamed on fictitious communist groups such as the “Red Brigages” and the “Red Army Faction.” The existence of Gladio was confirmed and admitted by the Italian government in 1990, after a judge, Felice Casson, discovered the network in the course of his investigations into right-wing terrorism.

 

The 161 Bankers Who Run the World

In following video, Peter Phillips from Project Censored lays out exactly how the richest one-thousandth of 1% maintain iron control over all world governments.

He cites a study Project Censored published in their Top 25 Censored Stories of 2012-2013 edition of the world’s most “integrated”* corporations and those with the largest financial asset concentration.

Unsurprisingly, there’s considerable overlap between the two groups.

The 161 board members of the top 13 companies control $28 trillion of wealth. They also help the 1% hide another $30 trillion offshore so it can’t be taxed.

They’re 88% white (and nearly all male) and 63% come from the US or Europe.

They work with secret (and not so secret) groups, such as the Council on Foreign Relations, the Trilateral Commission, the Bilderberg Group, the Bohemian Grove, the World Economic Forum, the G7, the G20, the International Monetary Fund and the World Bank to ensure that the domestic and foreign policy of all western governments benefits themselves and the capitalist investors they represent.

They also ensure that the national security state, busy killing people in 130 countries, acts in the exclusive interest of transnational capital. The fascist coup they engineered in Ukraine is only the most recent example.

They regularly engage in illegal conspiracies but are always too big and powerful to jail.

Here are the top 13 companies identified in the study:

1 BlackRock US $3.560 trillion
2 UBS Switzerland $2.280 trillion
3 Allianz Germany $2.213 trillion
4 Vanguard Group US $2.080 trillion
5 State Street Global Advisors (SSgA) US $1.908
6 PIMCO (Pacific Investment Management Company) US $1.820 trillion
7 Fidelity Investments US $1.576 trillion
8 AXA Group France $1.393 trillion
9 JPMorgan Asset Management US $1.347 trillion
10 Credit Suisse Switzerland $1.279 trillion
11 BNY Mellon Asset Management US $1.299 trillion
12 HSBC UK $1.230 trillion
13 Deutsche Bank Germany $1.227 trillion

*The researchers use the term “integrated” to describe financial corporations with major holdings in key  non-financial sectors (i.e. energy, defense and mass media).