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8/13/2019 Jimmy Digital Presents Above Top Secret
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immy Digital Above Top Secret All Rights Reserved By ames E Nance 20!
8/13/2019 Jimmy Digital Presents Above Top Secret
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immy Digital Above Top Secret All Rights Reserved By ames E Nance 20!
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Table "# $ontents%2&' Trillion (issing
Are They Still Alive The Big Short
immy Digital )resents Above Top Secret*ol+me ,
immy Digital Above Top Secret All Rights Reserved By ames E Nance 20!
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$opyright 20!Allrightsreserved&Noparto#thisboo-maybereprod+ced.storedina
retrieval system. or transmitted in any #orm or by any means.electronic. mechanical. photocopying. recording. scanning. or
other/ise./itho+ttheprior/rittenpermissiono#thep+blisher&
DisclaimerAllthematerialcontainedinthisboo-isprovided#ored+cationaland
in#ormationalp+rposesonly&Noresponsibilitycanbeta-en#orany
res+ltsoro+tcomesres+lting#romthe+seo#thismaterial&
hileeveryattempthasbeenmadetoprovidein#ormationthatisboth
acc+rateande##ective.thea+thordoesnotass+meanyresponsibility
#ortheacc+racyor+se1mis+seo#thisin#ormation&
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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,NTR"D$T,"N,nthis#irstinstallmento#3AboveTopSecret3
The)entagons(issingTrillions&
The41high5ac-ers/hataretheydoingno/6
TheBigShort/hobene#ited#inancially#romthe41attac-s&
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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%2&' Trillion (issing
On September 10, 2001, Secretary of Defense DonaldRumsfeld held a press conference to disclose that over
$2,000,000,000,000 in Pentagon funds could not beaccounted for Rumsfeld stated! "#ccording to someestimates e cannot trac% $2& trillion in transactions"
#ccording to a report by the 'nspector (eneral, the Pentagoncannot account for 2) percent of hat it spends
*+S Reports Pentagon *annot #ccount for $2& rillion
"-#ccording to some estimates e cannot trac% $2& trillion intransactions,- Rumsfeld admitted $2& trillion . that-s $/,000 for
every man, oman and child in #merica" *+S, 1202
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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he timing of this admission 3ust one day before 11 %ept thisstory from even ma%ing the nes at the time 4ven hen it as
finally reported months later, this revelation received very littlecoverage
o understand ho the Pentagon can lose trac% of trillions,
consider the case of one military accountant ho tried to find out
hat happened to a mere $&00 million
"5e %no it-s gone +ut e don-t %no hat they spent it on," said
6im 7innery, Defense 8inance and #ccounting Service
Minnery, a former Marine turned whistle-blower, is risking his
job by speaking out for the first time about the millions he
noticed were missing from one defense agency's balance
sheets. 7innery tried to follo the money trail, even crisscrossing
the country loo%ing for records
"The director looked at me and said 'Why do you care about
this stuff' !t took me aback, you know My superisor
asking me why ! care about doing a good job," said Minnery.
#e was reassigned and says officials then coered up the
problem by just writing it off.
"hey have to cover it up," he said "hat-s here the corruption
comes in hey have to cover up the fact that they can-t do the
3ob"
he Pentagon-s 'nspector (eneral "partially substantiated"
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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he several of 7innery-s allegations but could not prove officials
tried "to manipulate the financial statements"
enty years ago, Department of Defense #nalyst 8ran%lin *
Spinney made headlines e9posing hat he calls the "accounting
games" :e-s still there, and although he does not spea% for the
Pentagon, he believes the problem has gotten orse
"Those numbers are pie in the sky. The books are cooked
routinely year after year," he said.
#nother critic of Pentagon aste, Retired ;ice #dmiral 6ac%
Shanahan, commanded the
'n his opinion, "5ith good financial oversight e could find $?/
billion in loose change in that building, ithout having to hit the
ta9payers"
The-no/ledgeo#)entagon/asteisnothingne/#rom%00nails
to%700dollarhammerstheoverchargingandpricego+gingis
/elldoc+mented&
B+t%2&'trilliondollarsisaloto#moneytogo+nacco+nted#or
anda#terR+ms#eldanno+ncementthere/erealoto#8+estionsthat/eregoingtohavetobeans/eredhadnottheeventso#the
ne9tdayovershado/edallmediareporting&
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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The )entagon Attac-
)entagon (oments A#ter The Attac-hat/o+ldhavebeenheadlinene/s#or/ee-s/ass/ept+nder
ther+gbytheeventso#41.co+ldithavebeentocover+pthe
missingTrillions:
"he impact area included both the
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== struc%" South *oast odayPittsburgh Post(a@etteA122001B
One #rmy office in the Pentagon lost &? of its >) employees in theattac% 7ost of those %illed in the office, called Resource Services5ashington, ere civilian accountants, boo%%eepers and budgetanalysts hey ere at their des%s hen #merican #irlines 8light== struc%The$omptrollero#the)entagonatthetimeo#theattac-/asDov;a-heim./ho/asappointedin(ayo#200&Be#orebecomingthe)entagoning in electronic/ar#aretechnologies incl+dingremote=
controlledaircra#tsystems&;a-heimisamembero#the)ro5ect#oraNe/American$ent+ryandparticipatedinthecreationo#its2000positionpaperReb+ildingAmerica
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,mage"#)entagonAttac-
Someo#themostdamningproo#thattheo##icialgovernmetstoryo#/hathappenedtothe)entagonon41isinacc+ratecanbe#o+ndinthephotosta-enrighta#tertheattac-occ+rred&
Thisimagetellsatho+sand/ordsonenoticethatthegrassin#ronto#theb+ildingisstillgreenand/ell-ept&
Thereisalsonoapparentdebri.s+chaspartso#thecrashedplane.l+ggage./heelsandh+manbodyparts&"therthanthepointo#impactthes+ro+ndingareais+nto+ched&
Alsonote thehole in the)entagon/asoriginally thesi>eo#a/indo/ as sho/n in the pict+re belo/ be#ore the b+ildongcollapsed&
*
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!mmediatly $fter The $ttack
Notice the b+ilding is still #or the most part intact and again
observethegreengrass&
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raphic Sim+lating The ,mpact "# The et
Theabovegraphicclearlysho/sthattheholeinthe)entagon
/allisin#act.toosmall.tohavebeenmadebyaboeingC7C&
The)entagonA#terTheireas)+t"+t
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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hateverhitthe)entagonit/asde#inetlynotaBoeingC7C&
As#arasthemissingtrillionsgoyearslatergovernmento##icials
statedthat&
Thetechnologyrevol+tionhas trans#ormedorgani>ationsacross
theprivatesector.b+tnoto+rs.not#+lly.notyet&eare.asthey
say. tangled in o+r anchor chain& "+r #inancial systems are
decadesold&Accordingtosomeestimates./ecannottrac-%2&'trillionintransactions&ecannotshare in#ormation#rom#loorto
#loorinthisb+ildingbeca+seitenso#technological
systemsthatareinaccessibleorincompatible&
?/ecannottrac-?doesnotmeanthatthemoney/entmissing&,t
meansthattheirsystemsaresoo+to#dateandnotcompatible
/itheachotherthat theycan
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immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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,#in#actanyo#thehigh5ac-ersarestillaliveisalmostimpossible
toans/er&,#in#actanythepeopleaboveact+allyhigh5ac-edtheplaneshavenotbeenproventothisveryday&
"neo# themost/ildeststoriesregarding thehigh5ac-erscame
not#rominternetconspiracistb+t#romo+ro/ngovernmentstate
departmentitseemseventho+ghthet/oplanescrashingintothe
/orldtradecenters/ereeno+ghtocollapsebothb+ildingsand
completelydisintergratetheplanes&TheB,/erestillableto#ind
oneo#thehigh5ac-erspassportper#ectlyintact&
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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The Big Short
(assive ,nside Trading )rior To 41Theremanystoriesabo+tpeoplebeinga/arebe#orehandabo+t
/hat/astoocc+rthemorningo#September200#romthe
storyo#thelittle,srealiboythatloo-edo+to#the/indo/#romhis
schoolandsaidthoseb+ildings/ontbeheretommoro/tothe
$E"that/astoldnottocometo/or-intheT$themorningo#
41&
The thingabo+t thosestories isthatthey/ereall impossible to
prove&
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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raph "# The )rice Action "n 41%hort sale in finance refers to!
he practice of selling securities or other financial instruments,ith the intention of subseEuently repurchasing them at a loerprice'n layman terms an investor sells stoc% he does not on inanticipation of of buying it at a loer price ma%ing a profit beteenthe price he sold it for vs the price he bought it for after the sale
Daysa#ter4eorgeB+sh
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"nSeptember0.200atthe$hicagoBoard"ptionsE9change
there/ere!.7p+tsonAmericanAirlinestoonlyC!Kcalls&nitedAirlines/astargeted #or !.C!!p+tsasopposedto'4
calls&Then+mbersonthereins+rancecompanies/eresimilarly
lopsided& By #ar the biggest trader o# the p+t options /as
De+tscheBan- Ale9 Bro/n H the S trading armo#De+tsche
Ban-H/hichbo+ghttraditionalEightamiliesI/ealthrepository
andlargesto+r@orsemenshareholderBan-erIsTr+stin444tobecomethe/orldIslargestban-/ith%KK2billioninassets&
Altho+gh+ni#ormlyignoredbythemainstream&S&media.there
isab+ndantandclearevidencethatan+mbero#transactionsin
#inancial mar-ets indicated speci#ic criminalF #ore-no/ledgeo#
theSeptemberattac-sontheorldTrade$enterandthe
)entagon&,nthecaseo#atleastoneo#thesetrades==/hichhasle#ta%2&7millionpri>e+nclaimed==the#irm+sedtoplacethe?p+t
options?onnitedAirlinesstoc-/as.+ntil44K.managedbythe
man/hoisno/inthen+mberthreeE9ec+tiveDirectorpositionat
the$entral,ntelligenceAgency&ntil44CA&B&?B+>>y?Lrongard
had been $hairman o# the investment ban- A&B& Bro/n& A&B&
Bro/n/asac8+iredbyBan-er
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Lrongard
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+nderstandthesigni#icanceo#thesetrades.?sellingshort?and
?p+toptions?&
?SellingShort?istheborro/ingo#stoc-.sellingitatc+rrent
mar-etprices.b+tnotbeingre8+iredtoact+allyprod+cethestoc-
#or some time& ,# the stoc- #alls precipito+sly a#ter the short
contractisentered.thesellercanthen#+l#illthecontractbyb+ying
thestoc-a#ter thepricehas #allenandcompletethecontractat
thepre=crashprice&Thesecontractso#tenhavea/indo/o#as
longas#o+rmonths&
?)+t"ptions?arecontractsgivingtheb+yertheoptiontosell
stoc-s at a later date& )+rchased at nominal prices o#. #or
e9ample.%&00pershare.theyaresoldinbloc-so#00shares&,#
e9ercised.theygivetheholdertheoptiono#sellingselected
stoc-sata#+t+redateatapriceset/henthecontractisiss+ed&
Th+s.#oraninvestmento#%0.000itmightbepossibletotie+p
0.000shareso#nitedorAmericanAirlinesat%00pershare.
andthesellero#theoptionisthenobligatedtob+ythemi#the
optionise9ec+ted&,#thestoc-has#allento%70/henthecontract
mat+res.theholdero#theoptioncanp+rchasetheshares#or%70
and immediately sell them #or %00 = regardless o# /here the
mar-etthenstands&Acalloptionisthereverseo#ap+toption.
/hichis.ine##ect.aderivativesbetthatthestoc-price/illgo+p&
ASeptember2storybythe,sraeli@er>liyya,nternational)olicy
,nstit+te #or $o+nter terrorism. entitled ?Blac- T+esdayG The
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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orld
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theseoptionscontracts/erebo+ghtbased+pon-no/ledgeo#
theapproachingattac-s.theirp+rchasersco+ldhavepro#itedby
atleast%&2million&
(errillMynch$o&./hichocc+pied22#loorso#theorldTrade
$enter.sa/2.27"ctober%!7p+toptionsbo+ghtinthe#o+r
tradingdaysbe#oretheattac-sOtheprevio+saveragevol+mein
those shares had been 272 contracts per day Pa 200
increase6Q& hen trading res+med. (errill
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/hoseidentitiesandnationalitieshavenotbeenmadep+blic=
hadadvance-no/ledgeo#thestri-es?&Theydonebe#ore
investigatorsstartedloo-ing&
?"ctoberseriesoptions#orAM$orp&/erep+rchasedinhighly
+n+s+alvol+mesthreetradingdaysbe#oretheterroristattac-s#or
atotalo+tlayo#%2.0C0Oinvestorsbo+ghttheoptioncontracts.
eachrepresenting00shares.#or40centseach&PThisrepresents
2'0.000sharesQ&Thoseoptionsareno/sellingatmorethan%2
each& There are still 2.'' so=called ?p+t? options o+tstanding
Pval+ed at %2&CC million and representing 2'.'00 sharesQ
accordingtothe"ptions$learingho+se$orp?&
?Theso+rce#amiliar/iththenitedtradesidenti#iedDe+tsche
Ban- Ale9& Bro/n. the American investment ban-ing arm o#
ermangiantDe+tscheBan-.astheinvestmentban-+sedto
p+rchaseat leastsomeo#theseoptions?This/astheoperation
managedbyLrongard+ntilasrecentlyas44K&
Asreportedinotherne/sstories.De+tscheBan-/asalsothe
h+bo#insidertradingactivityconnectedto(+nichRe&5+stbe#ore
theattac-s&
$,A.T@EBANLSANDT@EBR"LERS
nderstanding the interrelationships bet/een $,A and the
immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!
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ban-ingandbro-erage/orldiscriticaltograspingthealready
#righteningimplicationso#theaboverevelations&Metileadersandloo-eda#ter&S&
investments in ermany& John oster /ent on to become
Secretaryo#State+nderD/ightEisenho/erandAllen/entonto
serveas$,ADirector+nderEisenho/erand/aslater#iredby
JL&Theirpro#essionsGpartnersinthemostpo/er#+l=tothisday
=allStreetla/#irmo#S+llivan.$rom/ell&
Bill$asey=RonaldReagan
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stoc-bro-er&
DavidDoherty=Thec+rrent*ice)residento#theNe/or-Stoc-
E9change#oren#orcementistheretiredeneral$o+nselo#the
$entral,ntelligenceAgency&
eorge@erbertal-erB+sh=)resident#rom4K4toJan+ary
44'.alsoservedas$,ADirector#or'months#rom4C=C&@e
isno/apaidcons+ltanttothe$arlylero+p.thethlargest
de#ense contractor in the nation. /hich also shares 5oint
investments/iththebinMaden#amily&
A&B&?B+>>y?Lrongard=Thec+rrentE9ec+tiveDirectoro#the
$entral ,ntelligence Agency is the #ormer $hairman o# the
investment ban- A&B& Bro/n and #ormer *ice $hairman o#
Ban-er
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Baname9&
NoraSlat-in=Thisretired$,AE9ec+tiveDirectoralsositson
$itiban-
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handlestradingin.amongotherthings.stoc-options&,hal#=
5o-ingly as-ed her. ?hatever happened to the $B"E
investigationo#allthepro#itsmadebythose/hobo+ghtp+t
options on airlines stoc-s be#ore4=:?
@erans/ered#looredme&Shesaid.?,tprobably/o+ldhavebeen
easy#or+sto#indo+t/ho/asbehindthetrades.b+tthe
governmentcameinandtoldthe$B"Epresidenttostopthe
investigation&?
J+sttoma-es+re,heardherright.,saidtoher.?Thegovernment
cameinandtoldthe$B"Epresidentnottoinvestigate:?
She said.?eah.it /as really strange&?
Theconversationchanged#oramin+te.b+t,/antedtogetbac-
tothegovernmentnot/antinganinvestigation&,saidtoher
again.a thirdtime.ma-ings+re , heardright. ?Thegovernment
didn
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Epilog+empteenboo-s/rittenand'yrs later/earestillnocloserto
thetr+thabo+t/hathappenedonSeptember.200than/e
/ereSeptember2.o#200&TheTr+th,s"+tThere6
immy Digital )resents Above Top Secret immy Digital )resents Above Top Secret All Rights Reserved By ames E Nance 20!