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September 11
This tragedy happened during a very busy profit-taking period.
View big insider trades
in the week before and after 9-11.
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When the financial center of the world was attacked on September 11, 2001 there was immediate speculation about profit motives and market manipulations. It was obvious that people with a lot of power were behind these attacks. They were organized, patient, deliberate and methodical. They may have sought revenge but that was not their only motive. Those involved had the time to consider market impacts and were afforded the foresight to make financial placements that would be extremely profitable.
People might have profited financially from these attacks but that does not make them accessories to this horrific crime. Witch-hunts are not becoming a civilized society and we must be careful in making accusations based only on circumstantial evidence. With that said, however, it is only in the collection of evidence, the inventory of facts, that enable us to weed out the relevant from the coincidental. This Website evolved, in part, to address the need to collect facts and order them in meaningful ways about events that have great consequences on our society as is the case with 9-11. While this site has only a fraction of the trades happening during this time -- Executives and Beneficial Owners of publicly traded companies registered with the Securities and Exchange Commission -- we demonstrate how to extract insider activity given dates of significance. We wanted to answer the question "Who bought and sold stock in the week before and after 9-11?"
This is a general model that applies to many dates. September 11 just made it critically clear the importance of accessing profit-making activity in this way. It will never again be sufficient to know how much someone made from trading securities. When that profit was made and its proximity to other events that impact value is key to our forensic task to pursue those who act against us.
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