Suspicious trading occurs on the stock of American and United, the two airlines hijacked in the 9/11 attacks. “Between 6 and 7 September, the Chicago Board Options Exchange [sees] purchases of 4,744 put option contracts [a speculation that the stock will go down] in UAL versus 396 call options—where a speculator bets on a price rising. Holders of the put options would [net] a profit of $5 million once the carrier’s share price [dive] after September 11. On September 10, 4,516 put options in American Airlines, the other airline involved in the hijackings, [are] purchased in Chicago. This compares with a mere 748 call options in American purchased that day. Investigators cannot help but notice that no other airlines [see] such trading in their put options.” One analyst later says, “I saw put-call numbers higher than I’ve ever seen in ten years of following the markets, particularly the options markets.”
[Associated Press, 9/18/2001; San Francisco Chronicle, 9/19/2001]
“To the embarrassment of investigators, it has also [learned] that the firm used to buy many of the ‘put’ options… on United Airlines stock was headed until 1998 by ‘Buzzy’ Krongard, now executive director of the CIA.” Krongard was chairman of Alex Brown Inc., which was bought by Deutsche Bank. “His last post before resigning to take his senior role in the CIA was to head Bankers Trust—Alex Brown’s private client business, dealing with the accounts and investments of wealthy customers around the world.”
[Independent, 10/14/2001]
September 6-10, 2001: Suspicious Trading on Stocks of Two Large WTC Tenants
The Chicago Board Options Exchange sees suspicious trading on Merrill Lynch and Morgan Stanley, two of the largest WTC tenants. In the first week of September, an average of 27 put option contracts in its shares are bought each day. Then the total for the three days before the attacks is 2,157. Merrill Lynch, another WTC tenant, see 12,215 put options bought between September 7-10, when the previous days had seen averages of 252 contracts a day. [Independent, 10/14/2001] Dylan Ratigan of Bloomberg Business News, speaking of the trading on Morgan Stanley and other companies, says, “This would be one of the most extraordinary coincidences in the history of mankind if it was a coincidence.”
[ABC News, 9/20/2001]
September 7, 2001: Priest Is Told of Plot to Attack US and Britain Using Hijacked Airplanes
At a wedding in Todi, Italy, Father Jean-Marie Benjamin is told of a plot to attack the US and Britain using hijacked airplanes as weapons. He is not told specifics regarding time or place. He immediately passes what he knows to a judge and several politicians. He later will state, “Although I am friendly with many Muslims, I wondered why they were telling me, specifically. I felt it my duty to inform the Italian government.” Benjamin has been called “one of the West’s most knowledgeable experts on the Muslim world.” Two days after 9/11, he will meet with the Italian Foreign Minister on this topic. He will say he learned the attack on Britain failed at the last minute. [Zenit (Vatican), 9/16/2001] An al-Qaeda cell based in nearby Milan, Italy, appears to have had foreknowledge of the 9/11 attacks (see August 12, 2000) and (see January 24, 2001). It is not known if the Italian government warns the US government of this latest warning before 9/11.
September 7-8, 2001: High Level Air Force Discussions Call for Dismantling NORAD’s Alert Sites
The future of “continental air sovereignty” over America is in doubt. Discussions at the Air Force’s highest levels call for the dismantling of NORAD’s seven “alert” sites around the US and its command and control structure. [Filson, 2003, pp. 149] Maj. Gen. Larry Arnold, the commanding general of NORAD’s Continental Region, will later add that “the secretary of the Air Force, James G. Roche, stated that he and the then chief of staff of the Air Force, General John Jumper, had decided to withdraw funding for air defense, and they had made that decision on September 7, 2001.” [Spencer, 2008, pp. 289] Earlier in the summer of 2001, “a reduction in air defenses had been gaining currency in recent months among task forces assigned by [Defense Secretary Donald] Rumsfeld to put together recommendations for a reassessment of the military” (see Summer 2001). [Los Angeles Times, 9/15/2001]
September 7, 2001: CENTCOM Commander Franks Says He Fears a Terrorist Attack on the World Trade Center
Army General Tommy Franks, commander in chief of the US Central Command (CENTCOM), says his biggest fear is that terrorists will attack the World Trade Center. Franks gives a presentation to the CENTCOM intelligence staff at the command’s headquarters in Tampa, Florida, about what he thinks the major threats facing the US in the Middle East and Central Asia are. When he finishes, a young sergeant asks him, “General, what keeps you awake at night?” According to Computerworld magazine, Franks replies, “The thought of one tower of the World Trade Center collapsing into the other tower, killing thousands of people.” But in his memoir, published in 2004, Franks will write that he answers, “A terrorist attack against the World Trade Center in New York—that’s what keeps me awake at night.” Franks, according to his own recollections, then elaborates, saying, “If international terrorists were to strike a major blow against America, I fear the specter of the nation’s military operating as combatants within our borders for the first time since the 1860s.” Therefore, he continues, “the thing that keeps me awake at night… is the possible use of our armed forces against American citizens.” Military personnel, he says, are “not police officers, sheriffs, or the FBI,” and so if they “were ever required to act in that capacity during a major emergency like an attack on the World Trade Center, the effect on America could be devastating.” He concludes by saying, “Martial law would not sit well in a free and open society.” [Computerworld, 10/21/2003; Franks and McConnell, 2004, pp. 236-237] As CENTCOM commander, Franks is in charge of US military operations in an area covering 25 nations in North Africa, Central Asia, and the Middle East. [CNN, 10/24/2001; ABC News, 1/7/2006] He will lead the invasion of Afghanistan in October 2001 and the invasion of Iraq in March 2003. [United Press International, 8/17/2004]
September 7, 2001: French Give ‘Very Specific Information’ about Possible Attack on US Soil
The French newspaper Le Figaro will report in late 2001 that on this day, “According to Arab diplomatic sources as well as French intelligence, very specific information [is] transmitted to the CIA with respect to terrorist attacks against American interests around the world, including on US soil.” A French intelligence report sent to the US this day “enumerates all the intelligence, and specifies that the order to attack [is] to come from Afghanistan.”
[Le Figaro (Paris), 10/31/2001] It will later be revealed that Khalid Shaikh Mohammed gives Mohamed Atta the final go-ahead in a phone call from Afghanistan the day before 9/11 (see September 10, 2001).
September 7, 2001: State Department Issues Overseas Warning about Al-Qaeda Attack
The State Department issues a little noticed warning, alerting against an attack by al-Qaeda. However, the warning focuses on a threat to American citizens overseas, and particularly focuses on threats to US military personnel in Asia. [US Department of State, 9/7/2001] In the one-page alert, the State Department says it received information in May 2001 “that American citizens may be the target of a terrorist threat from extremist groups with links to Osama bin Laden’s al-Qaeda organization. Such individuals have not distinguished between official and civilian targets.… As always, we take this information seriously. US Government facilities worldwide remain on heightened alert.” Such warnings are issued periodically and usually are so vague that few pay them serious attention. In any event, most airlines and officials will claim that they did not see this warning until after 9/11. [San Francisco Chronicle, 9/14/2001]
September 7, 2001: 9/11 Hijackers Behave Curiously at Photocopy Store
According to a 2002 FBI document about the 9/11 attacks, future 9/11 hijackers Mohamed “Atta, Hani Hanjour, and possibly additional [Middle Eastern] males were observed at [a] Kinkos [store in] Laurel, Maryland, xeroxing passports, cutting and pasting.” There is no further explanation about this or what it might mean. The document will add that video surveillance was retrieved showing “Atta and other individuals.” [Federal Bureau of Investigation, 4/19/2002]
September 7, 2001: Islamic Preacher Abu Hamza Receives a Tip-Off, Apparently Referring to the 9/11 Attacks
Abu Hamza al-Masri, the radical British imam, is apparently tipped off about the imminent 9/11 attacks during a telephone conversation with militant contacts of his in Afghanistan. Al-Masri, the imam at Finsbury Park mosque in London, will allege this in a court submission seen by the London Times in 2018. He will write that he is called today from Afghanistan by two of his “old neighbors in his Pakistan time.” The men are not members of al-Qaeda, he will state. However, they tell him that “something very big will happen very soon.” He believes they are referring to an imminent terrorist attack in the United States. Al-Masri will also state that he believes his home telephone is currently being tapped by the police. “If true, the claim raises questions about whether British authorities were aware of the warning and failed to pass it on to their American counterparts” before 9/11, Abu Dhabi newspaper The National will comment. Furthermore, he believes intelligence agencies around the world must be aware of the information he receives. He thinks that “this news is widely spread and everyone is phoning friends” about it, he will state. Therefore, he will comment, “the intelligence [agencies] of many countries must have had an earful about it.” Al-Masri himself is an agent of the British intelligence service MI5 and the Metropolitan Police’s Special Branch, who operates under the code name “Damson Berry” (see Early 1997). [National, 1/14/2018; Fox News, 1/15/2018; International Business Times, 1/16/2018]
September 7, 2001: 9/11 Hijacker Alshehhi Transfers Money to Other Hijacker’s Account in Saudi Arabia
9/11 hijacker Marwan Alshehhi transfers $200 from his and Atta’s joint account at SunTrust Bank to fellow hijacker Abdulaziz Alomari’s account in Buraidah, Saudi Arabia. Alomari’s account is with Al Rajhi Banking & Investment Corp, which will later be unsuccessfully sued for allegedly supporting terrorism (see August 15, 2002). The transfer costs $50 plus charges. The reason for the transfer is not clear, as Alomari, who also has an account with the Hudson United Bank in the US (see June 27-August 23, 2001), had only left Florida the previous day and will be in Boston at the same time as Alshehhi on September 9. [US District Court for the Eastern District of Virginia, Alexandria Division, 7/31/2006
; US District Court for the Eastern District of Virginia; Alexandria Division, 7/31/2006
; US District Court for the Eastern District of Virginia, Alexandria Division, 7/31/2006
] Records show that Alshehhi completes the transaction just before 4.00 p.m. However, according to some accounts, Alshehhi is drinking at Shuckums bar at this time (see September 7, 2001). [Washington Post, 9/13/2001; Observer, 9/16/2001]


