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People often ask 911 "truthers" why anyone would want to take down the Twin Towers or devastate New Orleans. Good questions.David Hawkins has done extensive digging into the bond and securities markets and has discovered some mighty suspicious-looking irregularities. Coincidences, you might say.For instance, both hurricane Katrina and 9/11 were covered by Catastrophe Bonds. These are algorithm-based betting constructs which allow fund managers to bet that a catastrophe will happen. They line up those who do, and those who don't, collect fees from both and then sit back and collect, whether the catastrophe happens or not.
