In fairness, not just for Haliburton and Osama bin Laden, who was discovered to have shorted airline stocks just before 9/11, making himself an estimated $3,000,000.
From Reuters, via Fark.
JERUSALEM, Aug 15 (Reuters) – Israel’s armed forces chief came under political fire on Tuesday after a newspaper reported he sold off a stock portfolio just hours after Hizbollah abducted two Israeli soldiers in a raid that triggered a month-long war.
Lieutenant-General Dan Halutz, acknowledging the sale in comments to reporters, denied any impropriety.
The Maariv daily said Halutz went to his bank branch and sold shares worth 120,000 shekels
($27,460) three hours after the soldiers were seized by the Lebanese guerrilla group on July 12.
Key share indexes in Israel fell around 12 percent at the outset of fighting between Israeli forces and Hizbollah after the abduction. Share prices gradually recovered and now stand slightly below pre-war levels.
“It was my portfolio of shares, on which I had lost 25,000 shekels,” Maariv quoted Halutz as saying.
“It is true that I sold the portfolio on July 12 but it is impossible to link that to the war. At the time, I did not expect or think there would be a war,” he said, according to Maariv.
A day after the abduction, Israeli aircraft carried out a major attack in Lebanon, bombing runways at Beirut airport.
Well again, in fairness how was he to know that Israel would attack Lebanon? He was only the commander in charge of the armed forces and you can ask any enlisted man how clueless the officers are.
Don't keep it to yourself!