A. B. Krongard
 A. B. Krongard    (businessman) | |
|---|---|
Alvin Bernard "Buzzy" Krongard (more commonly "A.B.", born c. 1936) is a former Executive Director of the Central Intelligence Agency. He was appointed by George Tenet on March 16, 2001. He resigned shortly after the arrival of DCI Porter Goss in September 2004. While at the CIA, he was the CIA's connection with Erik Prince of Blackwater Security Consulting, and his influence, reported helped Blackwater to receive black contracts.
9/11 trades
The 9/11 Commission Report mentioned Krongard in conjunction with profiteering by timely trades made through the investment bank he used to head, Alex. Brown.[1] It 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."[2]
The implied conclusion is that having "no conceivable ties to al Qaeda" the investor could not have had foreknowledge of the attacks.
References
- ↑ Suppressed Details of Criminal Insider Trading Lead Directly Into The CIA's Highest Ranks
- ↑ Norton, W.W. (2004). 9/11 Commission Report. p. 499.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
