|05-22-2007 07:51 PM CET - Politics, Law & Society||
Leading Independent Presidential Candidate Speaks Out About Inside Trading and Futures
Press release from: i1connect
(reprinted from September 7, 2006)
West Palm Beach, Fl – September 7, 2006 – Today, 2008 Independent Presidential Candidate Daniel Imperato raised alarming questions about U.S. government officials, and how they may have used insider knowledge to spike oil prices. Imperato stated "The American people must ask this government why gas prices are decreasing at the same time that major primary elections are being held across the country. Is there a connection here between politics and oil contracts?"
As an international businessman, Imperato in the global telecommunications industry with a $5billion sub-sea fiber optic cable system, Imperato experienced first hand one of the biggest collapses in history as a result of a $3 trillion stock market crash. Imperato said "those losses were further depressed by the events of 9/11."
"We as Americans and citizens of the globe all know that 9/11 was not only a devastating disaster organized by a group of scoundrels that cost the lives of many people. It also caused a stock market crash. These events also prompted further investigations into the corruption scandals within government and Corporate America."
Further, Imperato commented that "It is difficult, perhaps unthinkable for many Americans to believe that Bin Laden shorted the stock market based on his affiliations with many banks the day of 9/11 . I believe the facts suggest that the market was shorted by Bin Laden and his cronies, which in return made billions of dollars from the crash."
In addition, Imperato raised some disturbing questions. "I ask the American people, has anyone checked the futures contracts? Have the regulatory bodies responsible for policing the stock market investigated persons within the U.S. government that may have purchased futures contracts, especially those individuals who may have been privy to this administration's meetings pertaining to the Iraq war?"
Imperato said "I believe a lot of money has been made in conjunction with the outbreak of the Iraq war, and the corresponding rise of crude oil prices. Is the same group of people now making money, shorting the oil stocks based on the political ramifications of this election season?
Imperato concluded his remarks by saying "I call on the governing bodies of the SEC and the IMF to look into government officials in decision making positions who may have taken advantage of the attack on Iraq to line their pockets with profits from futures contracts.
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