james bond

Super-Spy Activism

You've probably heard that the new 007 movie contains a reference to the shady airline put options. Figuring that lots of people would be going out to see the movie today (Thanksgiving), I threw together a flyer highlighting the put options story and headed over to the movie theatre. The movie does indeed contain a very blatant mention of the trades, and the entire plot line revolves around shady banker-spook-types manufacturing terrorist events for profit. I don't know if the movie makers were doing this to get the truth out, or to muddy the waters, but when the credits rolled I was there passing out flyers as everyone left, and I would encourage others to do the same this weekend when the crowds will be at their height. The flyer I handed out is printed below. I threw it together in like 15 minutes, so it might have so typos, but feel free to use it or to create your own.

[picture of bond]
[picture of twin towers on fire]

What's that they said? People made millions of dollars off of insider trader right before 9/11? That's right folks- by short-selling options on American and United Airlines in the days and weeks before the attacks, certain unnamed parties cashed in big time. Those were the airlines involved in the attacks, in case you missed it, and no similar trading was done on any other airlines.

New Bond Film Highlights 9/11 Insider Trading

Steve Watson's got the goods:

"In a twenty first century update, the new James Bond Movie, Casino Royale, directly references 9/11 and highlights the fact that massive manipulation of airline stocks prior to the attacks account for a leading motive behind the event.

The movie, based on the original 1953 novel, has been updated with a terrorism plotline in which the bad guy, Le Chiffre, is a banker to the world's terrorists and in order to stop him, and bring down the terrorist network, Bond must beat Le Chiffre in a $150 million poker game at the Casino Royale.

The movie contains a significant reference to 9/11 when M, the fictional head of MI6, tells Bond the following:

"When they analyzed the stock market after 9/11 the CIA discovered there had been massive shorting of airline stocks. When the stocks hit bottom on 9/12, somebody made a fortune."

In the film, Bond prevents the same thing happening again with the Boeing stock, by thwarting the bombing of an airbus prototype plane at Miami airport. With their prototype destroyed the company would have been near bankruptcy. Instead, someone (we later discover it's Le Chiffre) loses over a hundred million dollars betting the wrong way as Bond foils the plot.