Secret Insurance Agent Sh*tlords Get Bailout After Bailout

Let's reflect back to the September 22, 2000 story in the LA Times about the Secret Insurance Man:

They knew which factories to burn, which bridges to blow up, which cargo ships could be sunk in good conscience. They had pothole counts for roads used for invasion and head counts for city blocks marked for incineration.
They weren't just secret agents. They were secret insurance agents. These undercover underwriters gave their World War II spymasters access to a global industry that both bankrolled and, ultimately, helped bring down Adolf Hitler's Third Reich.

Newly declassified U.S. intelligence files tell the remarkable story of the ultra-secret Insurance Intelligence Unit, a component of the Office of Strategic Services, a forerunner of the CIA, and its elite counterintelligence branch X-2.

Though rarely numbering more than a half dozen agents, the unit gathered intelligence on the enemy's insurance industry, Nazi insurance titans and suspected collaborators in the insurance business. But, more significantly, the unit mined standard insurance records for blueprints of bomb plants, timetables of tide changes and thousands of other details about targets, from a brewery in Bangkok to a candy company in Bergedorf.  

"They used insurance information as a weapon of war," said Greg Bradsher, a historian and National Archives expert on the declassified records.  That insurance information was critical to Allied strategists, who were seeking to cripple the enemy's industrial base and batter morale by burning cities.   

The men behind the insurance unit were OSS head William "Wild Bill" Donovan and California-born insurance magnate Cornelius V. Starr.

Starr had started out selling insurance to Chinese in Shanghai in 1919 and, over the next 50 years, would build what is now American International Group, one of the biggest insurance companies in the world. He was forced to move his operation to New York in 1939, when Japan invaded China.  Finish the story here.

The Wall Street Journal provides some additional background on Maurice "Hank" Greenberg:

Maurice R. "Hank" Greenberg is a director and the chairman of the board and chief executive officer of C. V. Starr. He joined C. V. Starr as vice president in 1960 and was given the additional responsibilities of president of American Home Assurance Co. in 1962. He was elected director of C. V. Starr in 1965, president and chief executive in 1968 and chairman and chief executive in 2005. Mr. Greenberg retired as chairman and chief executive of American International Group Inc. in March 2005, after four decades of leadership that created the largest insurance conglomerate in history and generated unprecedented value for the shareholders. Mr. Greenberg is the former chairman of the New York Federal Reserve Bank, the largest Federal Reserve Bank in the U.S. Federal Reserve System, and is a former director of the New York Stock Exchange. Mr. Greenberg is honorary vice chairman of the Council on Foreign Relations.

Digging deeper into the depths of some fo the more nefarious news and we find the following:

Maurice "Hank" Greenberg, once floated as a possible CIA Director in 1995, is the CEO of AIG insurance manager of the third largest capital investment pool in the world. He joined the insurance firm, Continental Casualty Co., in 1952. Continental executive J. Milburn Smith recommended Greenberg to the C.V. Starr insurance/spy organization, which made Greenberg its vice president in 1960, its president and CEO in 1967, and its chairman, succeeding Starr, in 1969. Maurice Greenberg was deeply involved in chinese trade in the 80s, where Henry Kissinger was one of his representatives. In the China trade, Greenberg became very close to Shaul Eisenberg, the leader of the Asian section of the Israeli intelligence service Mossad, and agent for the sales of sophisticated military equipment to the Chinese military. From 1988 to 1995, Greenberg was a director of the New York Federal Reserve bank - this branch of the system is the main instrument through which Federal Reserve chiefs and the Bank of England traditionally execute their U.S. political-economic policy. Greenberg was deputy chairman of the New York Fed in 1992 and 1993, and New York Fed chairman in 1994 and 1995. In 1993, Maurice Greenberg's American International Group, became co-owner of the "private spy agency", Kroll Associates, as a result of rescuing Kroll from bankruptcy with a cash infusion. Kroll was notorious during the 1980s as the "CIA of Wall Street" due to the prevalence of former CIA, FBI, Scotland Yard, British secret service and British Special Air Service men Kroll employed for corporate espionage in takeover bids, as well as for destabilization of foreign nations. During 1996, while Greenberg was deputy chairman of the Council on Foreign Relations (See Cfr), he chaired the CFR task force on intelligence, which published "Making Intelligence Smarter: The future of U.S. Intelligence." This report mostly served to exhibit Greenberg's access to the intelligence community; but he parlayed it into a nomination by Senator Arlen Specter and others, for Greenberg to be Director of the CIA.Greenberg has used his connections to covert intelligence, supranational institutions, private bankers and speculators, and his huge global cash inflow, to shape a unique personal empire. Since 1997, Frank G. Wisner, Jr., has been a board member of Kroll , and is currently Greenberg's Deputy Chairman for External Affairs. Wisner's father was a founder of the U.S. Central Intelligence Agency, who killed himself over the scandal from his being duped by British-Soviet masterspy Kim Philby. Frank Wisner, Jr., is a director of the George Bush-linked energy giant Enron (a client for whom AIG negotiated payments from Peru over nationalization of Enron operations).In the early 1990s, Miami-based private investigator Lou Polumbo joined Kroll Associates. According to sources in the industry, Polumbo brought with him a personal history of involvement with the Medallin and other South American narcotics cartels; his business included helping relocate some of the capabilities of these cartels out of Colombia. The deal to bring Polumbo into Kroll was worked out by Avram Shalom, the former head of Israel's Shin Beth secret police. Shalom went to work for Kroll; he had been fired as Shin Beth boss due to a scandalous massacre of Palestinians in the Israel-occupied territories by his Shin Beth agents.

SEC whistleblower Richard Grove elaborated on his experience with Hank Greenberg in this radio interview with Jack Blood in 2011.  That interview is based on Project Constellation which can be found here.

AIG CEO Maurice “Hammerin’ Hank” Greenberg, who coincidentally was also the former chairman of the Council on Foreign Relations and the Federal Reserve Bank of New York, and his 2 sons: Jeff and Evan- who were coincidentally the CEOs of the major insurance entities Marsh & McLennan and ACE Insurance respectively- were creatively managing their fiscal assets- as well as the public representation of those assets.

When Spitzer’s investigation ramped up, Hank took a golden parachute of hundreds of millions (beyond the fraud) from AIG, and Jeff stepped down from his post at Marsh and McLennan… but other than that, nothing changed, it was just the right foot switching to the left, and the progress of the fraud continues, now with the support of Law Enforcement.

To offer a little contextual History, AIG was founded by OSS operative Cornelius V. Starr (2 R’s), the uncle of Clinton’s friend Kenneth Starr. AIG was created for and is currently a front which provides cover for intelligence community illicit operations. In 2001, AIG owned a Risk Management firm called Kroll Associates.

Kroll played a major role in the events of September 11th, and continues to this day to enable events like the 7-7 and 7-21 bombings in the London Tube system… they then go on TV and provide “expert” counterterrorism testimony to the goldfish at home tuned into FoxNews and the like.

While Kroll provided the necessary operational capability, in part, for what was perpetrated; AIG and Marsh were focused on participating in both short and long-term money schemes. Kroll’s Jerome Hauer (a long time personal friend of ex-FBI Counterterrorism & Osama bin Laden expert John O’Neill) hired O’Neill as head of security for the WTC.

Kroll had also managed the bunker in WTC 7 for Guiliani, and Kroll’s board of directors shared one peculiar member in common with AIG; that being Frank G. Wisner Jr., son of OSS co-Founder Frank Wisner. 

I won’t go into the history of the OSS, Reinhard Gehlen, or the Council on Foreign Relations / Dulles affiliation with its creation, but I can recommend an excellent book, wherein its relevance is comprehensively documented; the title you’re looking for is: The Old Boys: The American Elite and the Origins of the CIA by Burton Hersh (and printed in 1992).

So what we can infer is Hank Greenberg not only knew about 9/11 in advance, but that he and his sons, planned nefarious financial transactions, including insurance fraud to take advantage of the plane attacks.  Do your own research to learn more.  He should be indicted to find out what he knew and when.

The Covert Origins of ISIS

Amazing coincidence that the Mossad's official name is ISIS?  

#ISIS revealed as ISRAELI SECRET INTELLIGENCE SERVICE: http://t.co/0efDrAuKey via @YouTube
— Debra McKinney (@dmmckinney) September 14, 2014

The Patriot Act: When Truth Becomes Treason | Veritas Radio | Susan Lindauer |

Former CIA Asset Susan Lindauer talks about the Patriot Act from personal experience.

CIA 9-11 Whistleblower Susan Lindauer Interview #Iraq #Libya #UN

Listen VERY CAREFULLY.  Bush Cheney, Rumsfeld had ADVANCED KNOWLEDGE of 9-11 and ALLOWED it to HAPPEN. Blocked investigations.

War Criminals.

Former CIA Officer: Israel Controls US Government & Media, Congresswoman Confirms

Uploaded on May 27, 2010

Former CIA Officer Israel Controls U.S. Government & Media

Record Numbers of Jews in U.S. Government http://is.gd/cqsjS

Proof Israel Did 9/11 http://is.gd/aZ9uH & http://is.gd/bXUhi

"100% certain that 9/11 was a Mossad operation" - http://t.co/fjzBsM9UaQ #israel pic.twitter.com/Ag3wWFRUHr
— #WarAndBanking (@TwistedPolitix) August 30, 2014

Cynthia McKinney US lawmakers forced to sign support of Israel: http://t.co/yNk0yt1pAK
— #WarAndBanking (@TwistedPolitix) September 4, 2014

Top 20 Ways to Restore the Republic in America

Here is an incomplete list of steps that would do a lot to restore America to the Constitutional Republic it once was.

1. Withdraw troops from all foreign bases
2. Audit the Federal Reserve and follow the money trail
3. Congress must take back control of the money supply by repealing the Federal Reserve Act of 1913 and the Treasury will issue United States notes, not based on debt and not issued by the Federal Reserve.
4. Restore Glass Steagall and separate commercial and investment banks
5. Establish public banks in at least all 50 States
6. Abolish the IRS and repeal the Federal Income Tax
7. Eliminate all vestiges of United Nations Agenda 21
8. Reverse Citizens United and eliminate all loopholes for campaign finance
9. Nationalize FICO and reset all credit histories, make transparent the formula
10. Repeal all laws criminalizing industrial hemp and marijuana.
11. Break up the media, banking, energy, and telecommunications empires connected to the dynasties that are exposed in the Federal Reserve money trail.
12. Prohibit genetically modified anything.
13. Investigate 9-11 insider trading
14. Indict the Bush Sr, Clinton, Bush Jr, and Obama administrations for war crimes.
15. Indict the Trilateral Commission and Council on Foreign Relations
16. Withdraw funding from the World Bank, IMF, WTO, and UN
17. Dismantle the military empire by shutting down foreign military installations and end the war on terrorism
18. Dismantle the Department of Homeland Security
19. Defund the DEA and end the drug war
    
20. Exit the Ex-Im Bank
21. Reverse and defund NAFTA, CAFTA
22. Stop secret negotiations on TTIP, TTP, and any other international trade agreement being negotiated in secret.

Is Facebook a CIA Project? The Onion News Network

9 11 Insider Trading Acknowledged by Pentagon and CIA Consultant

This is the latest high level acknowledgement of insider trading on 9/11.  James Rickards is recognized and contracted by the Pentagon and the CIA on financial terrorism and war games.



In case you think this is Russia Today KGB propaganda, take a look at this original video from September 2001, days after the 9/11 tragedy.  This story was buried and ignored by the mainstream media with the explicit direction of agencies in the U.S. Federal government, including the White House Administration of George W. Bush, and the CIA under the direction of George Tenet.

 

Press Conference on the Role of Foreign Governments in 9/11
9-11, Insider Trading, and Alvin "Buzzy" Krongard - Israel's Agent at the CIA
The CIA, Wall Street, and 9/11 Insider Trading: All Linked by Buzzy Krongard

9-11, Insider Trading, and Alvin "Buzzy" Krongard - Israel's Agent at the CIA

Taken from Christopher Bollyn's website here.

March 27, 2012

To the embarrassment of investigators, it has also emerged that the firm used to buy many of the "put" options [related to 9-11] - where a trader, in effect, bets on a share price fall - on United Airlines stock was headed until 1998 by "Buzzy" Krongard, now executive director of the CIA. Until 1997, Mr Krongard was chairman of Alex Brown Inc, America's oldest investment banking firm. Alex Brown was acquired by Bankers Trust, which in turn 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.
- Chris Blackhurst, “Mystery of Terror 'Insider Dealers'”, The Independent (UK), October 14, 2001

A single U.S.-based institutional investor with no conceivable ties to al Qaeda purchased 95 percent of the UAL puts on September 6 [2001] as part of a strategy that also included buying 115,000 shares of American on September 10. Similarly, much of the seemingly suspicious trading on September 10 was traced to a specific U.S.-based options trading newsletter…which recommended these trades.
- 9/11 Commission Report, W.W. Norton, 2004, footnote on p. 499

Alvin Bernard "Buzzy" Krongard was Executive Director of the C.I.A. from March 2001 until November 2004.  Previously he had served as a consultant to C.I.A. Directors George J. Tenet (1997-2004) and Robert James Woolsey, Jr. (1993-1995).  

The informed insider trading of stock options carried out by people with prior knowledge of the terror attacks of 9-11 is once again in the news.  Max Keiser of the Keiser Report recently interviewed Lars Schall, a German journalist who has written extensively on the "terror traders" of 9-11.  In the center of the discussion of the informed trading done by people who evidently knew the attacks were coming stands one very conspicuous individual, A.B. "Buzzy" Krongard, then Executive Director of the C.I.A..  Krongard would be considered a "person of interest" in any proper criminal investigation of 9-11 or the insider trading that preceded it.

Krongard has been suspected of being connected to the suspicious trading since October 2001.  In one of my first articles about 9-11, "The Profiteers of 9-11", I wrote the following:

Investigations into the unusually high number of "put" options, betting that the price of United Airlines (UAL) and American Airlines shares would fall, have revealed that Alex Brown Inc., an investment banking firm, purchased many of these option contracts. Alex Brown Inc. was, until 1998, managed by the man who is now the executive director of the Central Intelligence Agency, A.B. "Buzzy" Krongard. Krongard, 64, former head of Baltimore-based Alex Brown, America's oldest investment bank, joined the CIA three years ago as a counselor to Director of Central Intelligence George Tenet. Krongard switched careers shortly after helping engineer the $2.5 billion merger of Alex Brown and Bankers Trust New York Corp., gaining $71 million in Bankers Trust stock in the process.

President Bush appointed Krongard executive director of the Central Intelligence Agency on March 26. From February 1998 until March 2001, Krongard served as counselor to the director of central intelligence. Until 1997 Krongard was chairman of the investment bank A.B. Brown, having previously worked in various capacities at Alex Brown. Krongard was quoted on the relationship between Wall Street and the CIA in a Washington Post article. If you go back to the CIA's origins during World War II in the Office of Strategic Services, Krongard told the Post, "the whole OSS was really nothing but Wall Street bankers and lawyers."

WHO IS BUZZY KRONGARD?

The hypothesis of my book Solving 9-11:  The Deception that Changed the World is that the terror attacks were a false-flag operation planned and carried out by Israeli military intelligence with the assistance and support of Zionist agents in high positions in the U.S. government.  These Zionist agents would include people like Dov Zakheim at the Pentagon and Michael Chertoff, then Assistant Attorney General, who was responsible for the federal investigation and prosecution of the crimes of 9-11.  In this position Chertoff managed the federal "non-investigation" of 9-11 in which the crucial evidence was confiscated and destroyed without being properly examined.

My hypothesis is not that 9-11 was an "inside" job, but that it was an Israeli-planned false-flag operation.  The Israeli operation was facilitated by highly-placed Zionist agents within the U.S. government, military, and intelligence spheres.  If Buzzy Krongard is a suspect in the crimes of 9-11, the question that needs to be answered is:  Was Krongard acting as an agent for Israeli military intelligence at Alex Brown and the C.I.A.?  The evidence indicates that he served as an agent for Israel in both positions. 

Alvin Bernard Krongard, born 1936, is the son of Raphael Harris Krongard and Rita Keyser Krongard.  Both his mother and father were born in Baltimore to Jewish immigrant families from Poland/Russia.  His first wife, Patricia Lion, was also Jewish.  While Krongard's Jewish roots are never mentioned in the various articles about him, his Jewish ethnicity clearly plays the key role in his efforts to support Israeli enterprises in the United States.  When a high-level person like Krongard conceals his Jewish roots while actively serving the state of Israel it indicates that he is seeking to hide his true identity and loyalty to a foreign state.  For such a person to be the administrative chief of the Central Intelligence Agency says a great deal about the degree of Israeli penetration of the U.S. intelligence community.  

 
Alvin Bernard Krongard at Princeton, 1957

Krongard's paternal grandparents immigrated from Lowicz, Poland, to the United States in 1904.  The family name and first names were changed.  Krongaard is a Scandinavian name that his grandfather took after they arrived in the United States.  Krongaard means land or property of the "crown".  The immigration records indicate that his grandfather Morris Krongard did not enter the U.S. under that name. 

Krongard's mother, Rita (Rebecca) Keyser, was born in Baltimore to Abraham and Ethel Keyser, Russian Jewish immigrants who had also arrived in the U.S. in 1904.  She was raised in Washington, where she attended high school and graduated from Strayer Business College.  She worked as a legal secretary for a Washington maritime lawyer before her marriage to Raphael Harris Krongard in 1931.  The Krongard's lived in Ashburton, Maryland, and had three children:  Alvin, Howard Joel, and a daughter, Marilyn, who died in 1946.

Alvin Krongard graduated from Princeton and went on to serve on "active duty" in the U.S. Marine Corps in the Mediterranean from 1958-1961.  Although the details are not given it seems likely that he served in Lebanon where the U.S. Marines were sent in 1958.  He returned to the United States and married Patricia Lion.  He worked at her family business, Lion Brothers, from 1961-1969.  After a two year stint at Bache/Stern Brothers Boyce he joined the Baltimore investment bank of Alex Brown in 1971.  After twenty years, Buzzy Krongard became C.E.O. of Alex Brown in July 1991. 

ALEX BROWN AND ISRAEL

As C.E.O. of America's oldest investment bank, Krongard was well placed to assist companies spawned by Israeli military intelligence.  Under Krongard, Alex Brown became a leading U.S. partner for these Israeli companies.  In May 1996 Krongard and Mayo A. Shattuck went to Israel on a three-day trip during which they met with then prime minister Shimon Peres.  As theBaltimore Sun reported shortly before their trip to Israel:

A. B. Krongard, Alex. Brown's chairman and chief executive, and Mayo A. Shattuck III, president and chief operating officer, are to meet with Israeli Prime Minister Shimon Peres and Dov Lautman, the prime minister's special emissary for economic development...
"Obviously, this is a trip of some significance," Mr. Shattuck said.  "We want to be perceived as the premiere underwriter and adviser for high-tech and health care companies in Israel. The time has come to build stronger affiliations at the senior management level."

The meeting with Mr. Peres was arranged through Giza Group, one of Israel's leading private investment banking firms, Mr. Shattuck said.

When Alex. Brown officials meet with Mr. Peres, they expect to talk about how the company can link Israeli firms to U.S. capital markets, Mr. Shattuck said.

Alex. Brown, which had $809 million in revenues in 1995, is known worldwide for its expertise in taking high-tech and health care companies public. Last year, it managed 64 initial public offerings, tops in the United States.

R. William Burgess Jr., head of Alex. Brown's technology investment banking group, compared Israel to Silicon Valley in California and Route 128 in Boston, which have spawned some of the world's largest high-tech companies.

"My hope would be to do several initial public offerings a year for Israeli companies and several mergers and acquisitions," said Mr. Burgess, who will also make the trip.

Alex. Brown has been doing business with companies in Israel for at least five years.

In 1996, Alex Brown was serving as the financial advisor for Scitex, an Israeli company connected to military intelligence.  Yair Shamir, the son of Yitzhak Shamir, the Zionist terrorist who killed Folke Bernadotte before becoming prime minister, was general manager of Scitex.  Krongard's three-day visit to Israel and meeting with the prime minister was arranged by the Giza Group, a Tel Aviv-based investment banking firm.

At the time of Krongard's visit, Aviv Boim was a vice president of Giza Ltd.  Boim remained at Giza for two more months, until August 1996, and then joined Krongard's company as an associate of Alex Brown from August 1996 to February 1998.  Aviv Boim worked with Alex Brown's technology group in London, where he managed initial public offerings, mergers, and acquisitions concerning Israeli companies.    

On October 2, 1996, the Baltimore Sun reported that Krongard was "still bullish on Israel."  Krongard had addressed the Maryland/Israel Development Center the previous day.  "There is great market demand for Israel's products," Krongard said. "Israel has the brain power. Its human capital is exceptional."

The Maryland/Israel Development Center was started in 1992 as a nonprofit group to form business partnerships between Maryland and Israeli companies.  The article noted that just the week prior to his speech at the Maryland/Israel Development Center, Krongard and Alex Brown had taken the Israeli company Orckit Communications Ltd. public.  "Tel Aviv-based Orckit makes systems that enable telephone companies to provide high-speed voice and digital transmission," the Sun reported.  Yair Shamir was a director of Orckit.

ORCKIT AND UNIT 8200 OF ISRAELI MILITARY INTELLIGENCE 

Orckit is a company that was created by the former commander of Unit 8200, the signal intelligence branch of the Israeli military, as Efi Landau reported in Globes (Israel).

Even Orckit’s win in the large tender of the US telephone company GTE, one of the eight largest telephone companies in the world, did not persuade company president Yitzhak Tamir to grant an open, on the record, press interview. However, cracks can be seen in the shrouds hiding the company from the media, contributing perhaps to the recognition that the company’s most precious asset is its workers, and it cannot hurt if more is known about them.

Orckit was established in 1990 by Military Intelligence electronic unit 8200 graduates Eric Paneth and Yitzhak Tamir. The unit has provided Israeli high-tech a significant proportion of its engineers and managers. Paneth was commander of the unit, replacing Zohar Zisappel, chairman of the RAD-Bynet group.

Orckit (and Tikcro) are not your usual companies.  These are typical Israeli military "dual-use" companies.  They have hidden military and intelligence functions but are presented as normal commercial enterprises.  With companies like Orckit, Buzzy Krongard and his team at Alex Beam certainly must have been aware that they were investing in companies closely tied to the Israeli military.

In February 1998 Buzzy Krongard joined the C.I.A. as a consultant to director George Tenet.  In a bizarre move, Krongard left his $4 million a year job as head of Bankers Trust (BT).  He had just completed the BT merger with Alex Brown in the fall of 1997 and suddenly he was leaving.  Aviv Boim also left BT Alex Brown in February and joined Orckit as Chief Financial Officer.  The merger between Bankers Trust and Alex Brown, the first between a bank and a securities brokerage since the Depression, however, went sour shortly after Krongard left the company.  The newly merged company reported a record loss in 1998 and was soon taken over by Deutsche Bank.  Mayo Shattuck stayed on at Alex Brown but resigned suddenly the day after 9-11.

While it is clear that Krongard jumped ship because he knew that the BT Alex Brown merger would soon fail, why did he go to work for the C.I.A.?  What we do know is that Krongard had worked closely with computer companies spawned by Israeli military intelligence.  After he joined the C.I.A. as counselor to the director, Krongard soon became engaged in setting up the C.I.A. venture capital firm called In-Q-It (In-Q-Tel) that was supposed to keep the agency abreast of computer technology.  How much Israeli software do you think found its way onto the C.I.A. computer network under Buzzy Krongard's reign? 

In October 1999, the Washington Post reported on the genesis of In-Q-Tel:

A lot of people wondered what CIA Director George J. Tenet had in mind a year and a half ago when he brought in Wall Street heavyweight A.B. "Buzzy" Krongard to serve as his "counselor." Now they know-- part of the story.

The man who helped underwrite Microsoft and AOL as head of Alex Brown & Co. has done it again, helping Tenet & Co. start up a CIA venture capital firm called In-Q-It that's supposed to keep the agency abreast of computer technology.

But Krongard's influence at Langley extends well beyond this foray into Silicon Valley. "George will say, 'Make this happen,' " said Krongard, 61, explaining in a telephone interview exactly what it is he does for the director of central intelligence.

"The idea is for In-Q-It to fund promising technologies..."

"The idea for the venture-capital fund was hatched in conversations between the new CIA director, George Tenet, and a former investment banker named A. B. "Buzzy" Krongard, who joined the agency in February 1998 as counselor to the director.

The director of the C.I.A. is often little more than a mannequin who gives a name and a face to the agency while the day-to-day operations are managed by the executive director like Krongard.  George Tenet is similar to Leon Panetta.  Both are sons of immigrants who owned diners, one in Little Neck, New York, the other in Monterey, California.  What is it about Tenet and Panetta that made them suitable to be directors of the C.I.A.?  They are clearly not leaders of men or strong thinkers.  Could it be that they were men who were known to be weak and amenable, and who could easily be controlled by people like Krongard? 

Krongard became the Executive Director of the C.I.A. in March 2001 and remained at that position for more than three years, until November 2004.  He was responsible for getting C.I.A. security contracts for Blackwater in Afghanistan and Iraq.  Later, his brother Howard (a.k.a. "Cookie"), as Inspector General of the State Department, denied knowing that Buzzy sat on the board of Blackwater during Congressional hearings into his obstruction of the investigation of contract fraud and crimes carried out by Blackwater.  The Congressional investigation did not result in any criminal charges being laid against either of the Krongard brothers.

"Krongard exhibited the requisite secretiveness when asked to explain his interest in intelligence and how he came to land a job in [George J. Tenet]'s inner circle," the Washington Post reported on March 17, 2001, the day after he was named Executive Director of the C.I.A. "If you go back to the CIA's origins during World War II in the Office of Strategic Services, he explained, "the whole OSS was really nothing but Wall Street bankers and lawyers."
Krongard was the chief operating officer, the day-to-day administrative leader of the C.I.A. from March 2001 until November 2004.  In this position he was certainly aware of the plane-into-building drill planned for September 11, 2001 at the National Reconnaissance Office, a sub-agency of the C.I.A.  Although Krongard is probably not an architectural level planner of the terrorism of 9-11, the evidence indicates that he served as a highly-placed manager who served as an important conduit linking Israeli military intelligence with the C.I.A.

Alvin Krongard, his second wife Cheryl, and Jim Kimsey.  Cheryl Gruetzmacher was raised in Iowa and married Edward S. Gordon in May 1992.


The Krongard house sits on a 80 acre wooded estate off 1400 W Seminary Avenue in Lutherville, just north of Baltimore, Maryland.

Howard Joel Krongard, Alvin's brother, as Inspector General at the State Department, blocked investigations of massive fraud by military contractors in Iraq and Afghanistan.  At Congressional hearings, Howard feigned ignorance that his brother was a director of Blackwater, one of the key contracts being examined.  Buzzy had awarded the C.I.A. contract to Blackwater. 

Selected Sources:

Atkinson, Bill, “Alex. Brown chief bullish on Israel despite violence,” Baltimore Sun, October 02, 1996http://articles.baltimoresun.com/1996-10-02/business/1996276060_1_israel-krongard-peres

Berger, Joseph, “A Diner That Was the Special of Every Day,” New York Times, December 3, 2010
http://www.nytimes.com/2010/12/04/nyregion/04metjournal.html?_r=1&scp=26&sq=%22John%20Tenet%22&st=cse#Blackhurst Chris, “Mystery of terror insider dealers,” The Independent (UK), October 14, 2001http://www.oilempire.us/put-options.html

Chief Steps Down At Alex. Brown, New York Times, September 15, 2001http://www.nytimes.com/2001/09/15/business/chief-steps-down-at-alex-brown.html

Directors and Senior Management at Orckit, SEC Filing for 2002http://mayafiles.tase.co.il/RPdf/74001-75000/P74584-00.pdf

Flocco, Tom, “Profits of Death – Insider Trading and 9-11,” FromtheWilderness.com, December 6, 2001http://www.fromthewilderness.com/free/ww3/12_06_01_death_profits_pt1.html

Gaffney, Mark H., “Black 9/11: A Walk on the Dark Side,” Foreign Policy Journal, February 11, 2011http://www.foreignpolicyjournal.com/2011/02/11/black-911-a-walk-on-the-dark-side/

Landau, Efi, “Orckit Expands Sideways,” Globes (Israel), May 3, 1998http://www.globes.co.il/serveen/globes/docview.asp?did=367254

Ruppert, Michael C., CIA Executive Director “Buzzy” Krongard Managed Firm that Handle “Put” Option on UAL, FromtheWilderness.com, October 9, 2001http://www.fromthewilderness.com/free/ww3/10_09_01_krongard.html

Schall, Lars, “Insider trading 9/11 ... the facts laid bare,” Asia Times, March 21, 2012http://www.atimes.com/atimes/Global_Economy/NC21Dj05.html

Schall, Lars, “9-11 Insider Trading and Germany’s Elusive Gold Reserves,” LarsSchall.com, March 24, 2012http://www.larsschall.com/2012/03/24/9-11-insider-trading-and-germanys-elusive-gold-reserves/  

The CIA, Wall Street, and 9/11 Insider Trading: All Linked by Buzzy Krongard

Meet Wall Street Lawyer, Banker, Blackwater Merchant of Death, and CIA Director Buzzy Krongard and 9/11 Insider Trading, Another Guilty Bastard?

Alvin Bernard "Buzzy" Krongard^[1] (more commonly "A.B.", born c. 1936) was the Executive Director of the Central Intelligence Agency. He was appointed by George Tenet on March 16, 2001.

The Executive Director is the third ranking position within the CIA and the incumbent functions essentially as the Chief Operating Officer of the Agency. For three years prior, Krongard had served as Counselor to the Director of Central Intelligence (DCI).

A longtime consultant to DCIs, Krongard joined the Agency full-time in February 1998, following a 29-year business career. During his private sector career, he served as Chief Executive Officer and Chairman of the Board of Alex. Brown & Sons, the nation’s oldest investment banking firm, and Vice Chairman of the Board of Bankers Trust.

He served three years of active duty as an infantry officer in the United States Marine Corps.

Krongard resigned from the CIA shortly after the arrival of DCI Porter Goss in September 2004. While at the CIA, he was the connection between Erik Prince of Blackwater Security Consulting and the CIA. Through his influence, Blackwater was able to receive its first black contract.^{[citation needed]}

On March 18, 2005, Krongard was appointed as an outside US director to the Global Board of Directors organized to oversee and coordinate the worldwide operations of DLA Piper, one of the world’s leading law firms.

Krongard's name was brought up in conjunction with investigations into suspected 9/11-related insider trading because of timely Wall Street trades made through the investment bank he used to head, Alex. Brown.^[6]

The 9/11 Commission Report stated:

"A single U.S.-based institutional investor with no conceivable ties to al Qaeda purchased 95 percent of the UAL puts on September 6 (2001) as part of a strategy that also included buying 115,000 shares of American on September 10. Similarly, much of the seemingly suspicious trading on September 10 was traced to a specific U.S.-based options trading newsletter…which recommended these trades."^[7]

SUPPRESSED DETAILS OF CRIMINAL INSIDER TRADING LEAD DIRECTLY INTO THE CIA's HIGHEST RANKS

CIA EXECUTIVE DIRECTOR "BUZZY" KRONGARD MANAGED FIRM THAT HANDLED "PUT" OPTIONS ON UAL

by

Michael C. Ruppert

[© COPYRIGHT, 2001, Michael C. Ruppert and FTW Publications, www.copvcia.com. All Rights Reserved. - May be reprinted or distributed for non-profit purposes only.]

FTW, October 9, 2001 - Although uniformly ignored by the mainstream U.S.media, there is abundant and clear evidence that a number of transactions in financial markets indicated specific (criminal) foreknowledge of the September 11 attacks on the World Trade Center and the Pentagon. In the case of at least one of these trades -- which has left a $2.5 million prize unclaimed -- the firm used to place the "put options" on United Airlines stock was, until 1998, managed by the man who is now in the number three Executive Director position at the Central Intelligence Agency. Until 1997 A.B. "Buzzy" Krongard had been Chairman of the investment bank A.B. Brown. A.B. Brown was acquired by Banker's Trust in 1997. Krongard then became, as part of the merger, Vice Chairman of Banker's Trust-AB Brown, one of 20 major U.S. banks named by Senator Carl Levin this year as being connected to money laundering. Krongard's last position at Banker's Trust (BT) was to oversee "private client relations." In this capacity he had direct hands-on relations with some of the wealthiest people in the world in a kind of specialized banking operation that has been identified by the U.S. Senate and other investigators as being closely connected to the laundering of drug money.

Krongard (re?) joined the CIA in 1998 as counsel to CIA Director George Tenet. He was promoted to CIA Executive Director by President Bush in March of this year. BT was acquired by Deutsche Bank in 1999. The combined firm is the single largest bank in Europe. And, as we shall see, Deutsche Bank played several key roles in events connected to the September 11 attacks.

THE SCOPE OF KNOWN INSIDER TRADING

Before looking further into these relationships it is necessary to look at the insider trading information that is being ignored by Reuters, The New York Times and other mass media. It is well documented that the CIA has long monitored such trades - in real time - as potential warnings of terrorist attacks and other economic moves contrary to U.S. interests. Previous stories in FTW have specifically highlighted the use of Promis software to monitor such trades.

It is necessary to understand only two key financial terms to understand the significance of these trades, "selling short" and "put options".

"Selling Short" is the borrowing of stock, selling it at current market prices, but not being required to actually produce the stock for some time. If the stock falls precipitously after the short contract is entered, the seller can then fulfill the contract by buying the stock after the price has fallen and complete the contract at the pre-crash price. These contracts often have a window of as long as four months.

"Put Options," are contracts giving the buyer the option to sell stocks at a later date. Purchased at nominal prices of, for example, $1.00 per share, they are sold in blocks of 100 shares. If exercised, they give the holder the option of selling selected stocks at a future date at a price set when the contract is issued. Thus, for an investment of $10,000 it might be possible to tie up 10,000 shares of United or American Airlines at $100 per share, and the seller of the option is then obligated to buy them if the option is executed. If the stock has fallen to $50 when the contract matures, the holder of the option can purchase the shares for $50 and immediately sell them for $100 - regardless of where the market then stands. A call option is the reverse of a put option, which is, in effect, a derivatives bet that the stock price will go up.

A September 21 story by the Israeli Herzliyya International Policy Institute for Counterterrorism, entitled "Black Tuesday: The World's Largest Insider Trading Scam?" documented the following trades connected to the September 11 attacks:

-        Between September 6 and 7, the Chicago Board Options Exchange saw purchases of 4,744 put options on United Airlines, but only 396 call options. Assuming that 4,000 of the options were bought by people with advance knowledge of the imminent attacks, these "insiders" would have profited by almost $5 million.

-        On September 10, 4,516 put options on American Airlines were bought on the Chicago exchange, compared to only 748 calls. Again, there was no news at that point to justify this imbalance; Again, assuming that 4,000 of these options trades represent "insiders," they would represent a gain of about $4 million.

-        [The levels of put options purchased above were more than six times higher than normal.]

-        No similar trading in other airlines occurred on the Chicago exchange in the days immediately preceding Black Tuesday.

-        Morgan Stanley Dean Witter & Co., which occupied 22 floors of the World Trade Center, saw 2,157 of its October $45 put options bought in the three trading days before Black Tuesday; this compares to an average of 27 contracts per day before September 6. Morgan Stanley's share price fell from $48.90 to $42.50 in the aftermath of the attacks. Assuming that 2,000 of these options contracts were bought based upon knowledge of the approaching attacks, their purchasers could have profited by at least $1.2 million.

-        Merrill Lynch & Co., with headquarters near the Twin Towers, saw 12,215 October $45 put options bought in the four trading days before the attacks; the previous average volume in those shares had been 252 contracts per day [a 1200% increase!]. When trading resumed, Merrill's shares fell from $46.88 to $41.50; assuming that 11,000 option contracts were bought by "insiders," their profit would have been about $5.5 million.

-        European regulators are examining trades in Germany's Munich Re, Switzerland's Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster. [FTW Note: AXA also owns more than 25% of American Airlines stock making the attacks a "double whammy" for them.]

On September 29, 2001 - in a vital story that has gone unnoticed by the major media - the San Francisco Chronicle reported, "Investors have yet to collect more than $2.5 million in profits they made trading options in the stock of United Airlines before the Sept. 11, terrorist attacks, according to a source familiar with the trades and market data.

"The uncollected money raises suspicions that the investors - whose identities and nationalities have not been made public - had advance knowledge of the strikes." They don't dare show up now. The suspension of trading for four days after the attacks made it impossible to cash-out quickly and claim the prize before investigators started looking.

"October series options for UAL Corp. were purchased in highly unusual volumes three trading days before the terrorist attacks for a total outlay of $2,070; investors bought the option contracts, each representing 100 shares, for 90 cents each. [This represents 230,000 shares]. Those options are now selling at more than $12 each. There are still 2,313 so-called "put" options outstanding [valued at $2.77 million and representing 231,300 shares] according to the Options Clearinghouse Corp."

"The source familiar with the United trades identified Deutsche Bank Alex Brown, the American investment banking arm of German giant Deutsche Bank, as the investment bank used to purchase at least some of these options." This was the operation managed by Krongard until as recently as 1998.

As reported in other news stories, Deutsche Bank was also the hub of insider trading activity connected to Munich Re. just before the attacks.

CIA, THE BANKS AND THE BROKERS

Understanding the interrelationships between CIA and the banking and brokerage world is critical to grasping the already frightening implications of the above revelations. Let's look at the history of CIA, Wall Street and the big banks by looking at some of the key players in CIA's history.

Clark Clifford - The National Security Act of 1947 was written by Clark Clifford, a Democratic Party powerhouse, former Secretary of Defense, and one-time advisor to President Harry Truman. In the 1980s, as Chairman of First American Bancshares, Clifford was instrumental in getting the corrupt CIA drug bank BCCI a license to operate on American shores. His profession: Wall Street lawyer and banker.

John Foster and Allen Dulles - These two brothers "designed" the CIA for Clifford. Both were active in intelligence operations during WW II. Allen Dulles was OSS station chief in Berne, Switzerland, where he met frequently with Nazi leaders and looked after U.S. investments in Germany. John Foster went on to become Secretary of State under Dwight Eisenhower and Allen went on to serve as CIA Director under Eisenhower and was later fired by JFK. Their professions: partners in the most powerful - to this day - Wall Street law firm of Sullivan, Cromwell.

Bill Casey - Ronald Reagan's CIA Director and OSS veteran who served as chief wrangler during the Iran-Contra years was, under President Richard Nixon, Chairman of the Securities and Exchange Commission. His profession: Wall Street lawyer and stockbroker.

David Doherty - The current Vice President of the New York Stock Exchange for enforcement is the retired General Counsel of the Central Intelligence Agency.

George Herbert Walker Bush - President from 1989 to January 1993, also served as CIA Director for 13 months from 1976-7. He is now a paid consultant to the Carlyle Group, the 11th largest defense contractor in the nation, which also shares joint investments with the bin Laden family.

A.B. "Buzzy" Krongard - The current Executive Director of the Central Intelligence Agency is the former Chairman of the investment bank A.B. Brown and former Vice Chairman of Banker's Trust.

John Deutch - This retired CIA Director from the Clinton Administration currently sits on the board at Citigroup, the nation's second largest bank, which has been repeatedly and overtly involved in the documented laundering of drug money. This includes Citigroup's 2001 purchase of a Mexican bank known to launder drug money, Banamex.

Nora Slatkin - This retired CIA Executive Director also sits on Citibank's board.

Maurice "Hank" Greenburg - The CEO of AIG insurance, manager of the third largest capital investment pool in the world, was floated as a possible CIA Director in 1995. FTW exposed Greenberg's and AIG's long connection to CIA drug trafficking and covert operations in a two-part series that was interrupted just prior to the attacks of September 11. AIG's stock has bounced back remarkably well since the attacks. To read that story, please go tohttp://www.fromthewilderness.com/
free/ciadrugs/part_2.html.

One wonders how much damning evidence is necessary to respond to what is now irrefutable proof that CIA knew about the attacks and did not stop them. Whatever our government is doing, whatever the CIA is doing, it is clearly NOT in the interests of the American people, especially those who died on September 11.

Now down the rabbit hole to learn more about these nefarious events and evil people.

Comprehensive Summary of 21st Century U.S. Government Spying

In case you have been too busy to keep up with ALL the spying scandals, official and unofficial, here’s an overview:

• The government is spying on just about everything we do 

• The government has adopted a secret interpretation of the Patriot Act which allows it to pretend that “everything” is relevant … so it spies on everyone

• The government’s mass spying doesn’t keep us safe

• NSA spying did not prevent a terror attack on Wall Street

• There is no real oversight by either Congress or the courts.  And see this and this

• Even a Federal judge who was on the secret spying court for 3 years says that it’s a kangaroo court

• Experts say that the spying program is illegal, and is exactly the kind of thing which King George imposed on the American colonists … which led to the Revolutionary War

• We can keep everyone safe without violating the Constitution … more cheaply and efficiently than the current system

• The top counter-terrorism Czar under Clinton and Bush says that revealing NSA spying programs does not harm national security

• Whistleblowers on illegal spying have no “legal” way to get the information out

• A high-level intelligence source says “we hack everyone everywhere“

• Some people make a lot of money off of mass spying

• Spying started before 9/11 … and may have stemmed from an emergency program only meant to be activated in the case of a nuclear war

• Governments and big corporations are doing everything they can to destroy anonymity

• Mass spying creates an easy mark for hackers

• Polls show that the public doesn’t believe the NSA

• While leaker Edward Snowden is treated as a traitor by the fatcats and elites, he is considered a hero by the American public

• While the Obama administration is spying on everyone in the country – it is at the same time the most secretive administration ever(background). That’s despite Obama saying he’s running the most transparent administration ever

• Top constitutional experts say that Obama and Bush are worse than Nixon … and the Stasi East Germans

• Surveillance can be used to frame you if someone in government happens to take a dislike to you

• Government spying has always focused on crushing dissent … not on keeping us safe

• An NSA whistleblower says that the NSA is spying on – and blackmailing – top government officials and military officers (and see this)

• High-level US government officials have warned for 40 years that mass surveillance would lead to tyranny in America

Google's "Don't Be Evil" extended to "Don't Be Evil, Because We are With the Government, and We're Watching You"

Google's deep CIA and NSA connections

17.06.2013

by Eric Sommer 

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The Western media is currently full of articles reporting Google's denial that it cooperated in a government program to massively spy on American and foreign citizens by accessing data from Googles servers and those of other U.S. software companies.

The mainstream media has, however,  almost completely failed to report that Google's denial, and its  surface concern over 'human rights', is historically belied by its their deep involvement with some of the worst human rights abuses on the planet:

Google is, in fact, is a key participant in U.S. military and CIA intelligence operations involving torture; subversion of foreign governments; illegal wars of aggression; and military occupations of  countries which have never attacked the U.S. and which have cost hundreds of thousands of lives in Afghanistan, Iraq, Pakistan, and elsewhere.

To begin with, as reported previously in the Washington Post and elsewhere, Google  is the supplier of the customized core search technology for 'Intellipedia, a highly-secured online system where 37,000 U.S. spies and related personnel share information and collaborate on their devious errands. 

Agencies such as the so-called 'National Security Agency', or NSA, which is implicated in the current 'spying on Americans' scandal,  have also purchased servers using Google-supplied search technology which processes information gathered by U.S. spies operating all over the planet.

In addition, Google is linked to the U.S. spy and military systems through its Google Earth software venture.  The technology behind this software was originally developed by Keyhole Inc., a company funded by Q-Tel http://www.iqt.org/ , a venture capital firm which is in turn openly funded and operated on behalf of the CIA.

Google acquired Keyhole Inc. in 2004.  The same base technology is currently employed by U.S. military and intelligence systems in their quest, in their own words, for "full-spectrum dominance" of the planet.

Moreover, Googles' connection with the CIA and its venture capital firm extends to sharing at least one key member of personnel.  In 2004, the Director of Technology Assessment at In-Q-Tel, Rob Painter, moved from his old job directly serving the CIA to become 'Senior Federal Manager' at Google.

As Robert Steele, a former CIA case officer has put it:  Google is "in bed with" the CIA.

Googles Friends spy on millions of Internet Users

Given Google's supposed concern with 'human rights' and with user-privacy, it's worth noting that Wired magazine reported some time ago that Google's friends at In-Q-Tel, the investment arm of the CIA, invested in Visible Technologies, a software firm specialized in 'monitoring social media'.

The 'Visible' technology can automatically examine more than a million discussions and posts on blogs, online forums, Flickr, YouTube, Twitter, Amazon, and so forth each day.   The technology also 'scores' each online item, assigning it a positive, negative or mixed or neutral status, based on parameters and terms set by the technology operators.   The information, thus boiled down, can then be more effectively scanned and read by human operators.

The CIA venture capitalists at In-Q-Tel previously said  they will use the technology to monitor social media operating in other countries and give U.S. spies ¡°early-warning detection on how issues are playing internationally,¡± according to spokesperson Donald Tighe.   There is every possibility that the technology can also be used by the U.S. intellligence operatives to spy on domestic social movements and individuals inside the U.S.

Finally, Obama during his recent meeting with Chinese president Xi, again more-or-less accused China of cyber intrusions into U.S. government computers.  There has, however, been a curious absence from the statements emanating from Google, from U.S. government sources, and from U.S. media reports of truely substantive evidence linking the Chinese government with the alledged break-in attempts.  Words like 'sophisticated' and 'suspicion' have appeared in the media to suggest that the Chinese government is responsible for the break-ins.  That may be so.  But it is striking that the media has seemingly asked no tough questions as to what the evidence behind the 'suspicions' might be.

It should be noted that the U.S. government and its intelligence agencies have a long history of rogue operations intended to discredit governments or social movements with whom they happen to disagree.  To see how far this can go, one need only recall the sordid history of disinformation, lies, and deceit used to frighten people into supporting the Iraq war.

Whether the past attacks on U.S. government systems, Google email, et al  originated from the Chinese government, from the U.S. intelligence operatives, or from elsewhere, one thing is clear:  A company that supplies the CIA with key intelligence technology; supplies mapping software which can be used for barbarous wars of aggression and drone attacks which kill huge numbers of innocent civilians; and which in general is deeply intertwined with the CIA and the U.S. military machines, which spy on millions, the company cannot be motivated by real concern for the human rights and lives of the people in the U.S. and on the planet. 

Eric Sommer 

China 

Ex-Agent: CIA Seed Money Helped Launch Google
Steele goes further than before in detailing ties, names Google's CIA liaison

Paul Joseph Watson
Prison Planet
Wednesday, December 6, 2006

An ex-CIA agent has gone further than ever before in detailing Google's relationship with the Central Intelligence Agency, claiming sources told him that CIA seed money helped get the company off the ground and naming for the first time Google's CIA point man.
Robert David Steele, a 20-year Marine Corps infantry and intelligence officer and a former clandestine services case officer with the Central Intelligence Agency, is the CEO of OSS.net.
Speaking to the Alex Jones Show, Steele elaborated on his previous revelations by making it known that the CIA helped bankroll Google at its very inception.
"I think Google took money from the CIA when it was poor and it was starting up and unfortunately our system right now floods money into spying and other illegal and largely unethical activities, and it doesn't fund what I call the open source world," said Steele, citing "trusted individuals" as his sources for the claim.
"They've been together for quite a while," added Steele.
Asked to impart to what level Google is "in bed" with the CIA, Steele described the bond as a "small but significant relationship," adding, "it is by no means dominating Google in fact Google has been embarrassed because everything the CIA asked it to do they couldn't do."
"I also think it's very very wrong of Google to have this relationship," cautioned Steele.
The former agent went further than before in identifying by name Google's liaison at the CIA.
"Let me say very explicitly - their contact at the CIA is named Dr. Rick Steinheiser, he's in the Office of Research and Development," said Steele.

Steele highlighted Google's blatant censorship policies whereby press releases put out by credible organizations that are critical of Dick Cheney and other administration members don't make it to Google News even though they are carried by PR Newswire.
We have repeatedly highlighted past examples of censorship on behalf of Google, including their blacklisting of a mainstream news website that was mildly critical of China, and also the deliberate stifling and manipulation of Alex Jones' Terror Storm film ranking on Google Video. Google was alsocaught red-handed attempting to bury the Charlie Sheen 9/11 story at the height of its notoriety.
Saying Google had become "too big for itself," Steele opined that Google was "long overdue for a public audit."
"One of the problems with privatized power is that it's not subject to public audit," said Steele, arguing that groups should rally to "put Google out of business unless they're willing to go the open source software route."
We regularly highlight Google's damaging role in aiding the march towards a big brother society, but the admission that Google were planning on teaming up with the U.S. government to use microphones in the computers of an estimated 150 million-plus Internet active Americans to spy on their lifestyle choices and build psychological profiles which will be used for surveillance and minority report style invasive advertising and data mining, astounded even us.
Steele said that our previous story about Google's ties to the CIA, which was picked up by dozens of top technology websites, concerned Google enough to lie to the public about it and deny its validity.
It remains to be seen how Google will react to these latest revelations.

Listen to the interview with Robert David Steele, in which he also questions the official version of 9/11, by clicking here.