Here’s one for the stranger than fiction file.

John Kinnucan, a principal in Portland Oregon’s Broadband Research company who was highlighted as unwilling to wear a wire for the FBI in yesterday’s Wall Street Journal article on Wall Street insider trading is the same man who brought attention to the mysterious put options trading of airline stocks just prior to the September 11, 2001 terrorist attacks.

Here’s a link to the Associated Press Report on the mysterious options trading dated September 19,2001:http://cjonline.com/stories/091901/ter_tradingacts.shtml

“Today two fresh faced eager beavers from the FBI showed up unannounced (obviously) on my doorstep thoroughly convinced that my clients have been trading on copious inside information…. We obviously beg to differ, so have therefore declined the young gentleman’s gracious offer to wear a wire and therefore ensnare you in their devious web.”

John Kinnucan in an October 26 email to clients as reported by the Wall Street Journal here:

Here’s a link to the Associated Press Report on the mysterious options trading dated September 19,2001:http://cjonline.com/stories/091901/ter_tradingacts.shtml

Here’s a link to the original Wall Street Journal story on the FBI’s announcement of a new insider trading probe which highlights the John Kinnucan quotes:http://online.wsj.com/article/SB10001424052748704170404575624831742191288.html?mod=WSJ_hp_LEFTTopStories

Here’s a link to the initial TradeWithDave commentary on the WSJ article: http://tradewithdave.com/?p=3600

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