"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 attacks".[67] —Allen M. Poteshman, The Journal of Business

    • Civility [none/use name]
      ·
      edit-2
      4 years ago

      If there was insider trading my bet is a saudi in the know saw an opportunity to make a quick buck and took it. Maybe their broker maybe saw some weird trades called in directly by a very powerful client and decided to try and roll with it. I'd be shocked if the "financial sector" as a whole had any sort of idea what was going to happen given how many hedge fund managers died in the attack.

      • SerLava [he/him]
        ·
        4 years ago

        Yeah it only takes a small number of investors acting weirdly to trigger an abnormal reaction by others. So it could be a coincidence or it could be one or two Saudis knew what was up. Osama had a big family connected with big Saudi businesses.

        There's no chance a large number of investors knew about the attacks. It would get out.

        • asaharyev [he/him]
          ·
          4 years ago

          If a large number of investors knew about it and took advantage to make a ton of money, at least one of them would have stupidly bragged about it, and we would know.

    • POKEMONGOTOTHEGULAG [none/use name]
      ·
      edit-2
      4 years ago

      tfw you just happen to forget the concept of kinetic energy while crafting your grand conspiracy of how jet fuel can't melt steel beams.

      • StolenStalin [comrade/them,they/them]
        ·
        edit-2
        4 years ago

        Or that steel doesnt have to melt to lose its strength, and most buildings are built just strong enough to stayup. My response for "SQUIBS!/CONTROLLED DEMOLITION! THE COLUMNS LOOK LIKE THEY SHATTER!!" Is this. Find a hammer, now find a small rock or pebble, now hit it with the hammer really fucking hard. Looks like it exploded right? Now imagine the hammer is the top few floors of the building and the suppot columns for the building are your pebble. Its gonna look like the columns just explode,(they did) which then means there are no longer columns suppoting it and it just falls from there.

        • POKEMONGOTOTHEGULAG [none/use name]
          ·
          4 years ago

          I also mention that it's really not that hard to believe that a building made in 70s New York (y'know, with all the mafia in the construction industry and rampant corruption) might not have been 100% up to code

          • StolenStalin [comrade/them,they/them]
            ·
            4 years ago

            EXACTLY this isnt a solid concrete bunker we are talking about, we are talking about just enough concrete to hold up a bunch of steel glass and paper in the air.

      • CorporalMinicrits [he/him]
        ·
        4 years ago

        Hey you know what doesn’t help a skyscraper’s stability? Being hit by a 767 piloted by CIA agents

    • lvysaur [he/him]
      ·
      4 years ago

      The owner, Larry Silverstein, is literally on tape saying they told the guys to "pull" building 7.

      "pull" is also a very common slang in demolitions for destroying a building.

      It could be an op since he just blatantly said it on TV, but I really don't see how else building 7 could have fallen. Buildings don't fall like that after getting hit asymmetrically with debris.