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9/11
See other 9/11 Articles

Title: 911 Mysteries - DEMOLITIONS Video Part 1-3. No one could watch these and not be convinced that the WTC towers were brought down with EXPLOSIVES and that 911 is an INSIDE JOB
Source: Google Video
URL Source: [None]
Published: Sep 17, 2006
Author: none
Post Date: 2006-09-17 11:06:49 by christine
Keywords: None
Views: 5120
Comments: 86

Part 1

Part 2

Part 3

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Begin Trace Mode for Comment # 24.

#2. To: *9-11* (#0)

Watching Part 1 now, looks very good.

robin  posted on  2006-09-17   11:30:35 ET  Reply   Untrace   Trace   Private Reply  

"What happened to the core?"

robin  posted on  2006-09-17   12:42:18 ET  Reply   Untrace   Trace   Private Reply  

and what about all those squibs going off in advance of the falling building, insuring a freefall time?

pancaking it should have taken over 90 seconds, not 9.

robin  posted on  2006-09-17   13:02:38 ET  Reply   Untrace   Trace   Private Reply  

and what about the granite panels and windows of the lobby on ground floor being blown to smithereens when the plane hit 70+ floors above? and how was it that Felipe's, a worker on a subbasement floor, face and arms were blown nearly off mere minutes before the plane hit?

christine  posted on  2006-09-17   13:07:03 ET  Reply   Untrace   Trace   Private Reply  

And the prophet Larry Silverstein took out terrorist insurance just before.

He then sued for double the amount, claiming that since 2 planes struck, that constituted 2 terrorist events, and he won $7 billion on a $15 million investment.

robin  posted on  2006-09-17   13:52:21 ET  Reply   Untrace   Trace   Private Reply  

...and he won $7 billion on a $15 million investment.

I believe I just read that there's still a hush-hush trial going on regarding Lars' payday and whether he gets any jack.

Lod  posted on  2006-09-17   13:58:55 ET  Reply   Untrace   Trace   Private Reply  

http://en.wikipedia.org/wiki/Larry_Silverstein

World Trade Center lease

7 World Trade Center

Main article: 7 World Trade Center

In 1980 Larry Silverstein won a bid to buy the last undeveloped parcel from the Port Authority of New York and New Jersey to build 47-story 7 World Trade Center. [edit]

World Trade Center

Main article: World Trade Center

During the 1990s, New York was suffering from the effects of Black Monday (1987) leading to high vacancy rates at the World Trade Center. George Pataki became governor of New York in 1995 on a campaign of cutting costs including privatizing the World Trade Center. A sale of the property was considered too complex, so it was decided by the Port Authority to open a 99-year lease to competitive bidding. [2]

In January 2001, Silverstein, via Silverstein Properties and Westfield America, made a $3.2 billion bid for the lease to the World Trade Center. Silverstein was outbid by $50 million by Vornado Realty, with Boston Properties and Brookfield Properties also competing for the lease. However, Vornado withdrew and Silverstein's bid for the lease to the World Trade Center was accepted on July 24, 2001, seven weeks before the buildings were destroyed in the September 11, 2001 attacks. This was the first time in the building's 31-year history the complex had changed ownership[citation needed].

The deal was described in a press release on July 24, 2001:

"Silverstein Properties, Inc., and Westfield America, Inc. will lease the Twin Towers and other portions of the complex in a deal worth approximately $3.2 billion – the city's richest real estate deal ever and one of the largest privatization initiatives in history. [3]"

The lease agreement applied to World Trade Center Buildings One, Two, Four and Five World Trade Center, and about 425,000 square feet of retail space. Silverstein put up only $14 million of his own money [4]. Silverstein was also given the right to rebuild the structures, should they be destroyed. [5]

September 11, 2001 attacks

When the attacks occurred at 9:30AM, Silverstein was at home debating with his wife about plans to move his headquarters to the 88th floor of the North Tower (One World Trade Center). His son Roger was at 7 World Trade Center but was not hurt. [citation needed]

Dispute with Insurers

As a private developer with a 99-year lease on the World Trade Center, Silverstein insured the property. Following the September 11, 2001 attacks, he sought payment for the destruction of the towers as two incidents. The two dozen insurers held that it was one incident. If it were considered to be a single incident, the payout would be $3.55 billion and if it were two incidents, it would be $7.1 billion. Silverstein sued the insurers. On December 6, 2004, a federal jury ruled in favor of Silverstein giving him an additional $1.1 billion from nine insurers, declaring it to be two "occurrences". [6] However, in a previous trial, a different federal jury delivered a mixed verdict which highly favored insurers on April 29, 2004 [7]

At dispute in the trial were interpretation of standard forms used in the application for property insurance and when particular insurers saw which documents.[8]

In total, Silverstein was awarded nearly $5 billion in insurance money following the destruction of the Twin Towers [9]. He plans to use some or all of the settlement to rebuild. [10]

Negotiations to rebuild at the World Trade Center site

Silverstein had the legal right to rebuild office buildings including the Freedom Tower at the World Trade Center site and while the site is unoccupied, he continues to pay $10 million per month in rent to the Port Authority of New York and New Jersey. After several months of negotiation, in April 2006 he yielded some of those rights back to the Port Authority.

Ground was broken on the construction of the Freedom Tower on April 27, 2006. [11] What had prevented the construction from starting earlier was the lack of financing. The proceeds of the insurance payments from the destruction of the previous buildings alone were insufficient to cover the cost of rebuilding all the planned buildings.

After the September 11, 2001 terrorist attacks, the United States Congress approved $8 billion in tax-exempt Liberty Bonds to fund development in the private sector at lower-than-market interest rates. $3.4 billion remained unallocated in March 2006 designated for Lower Manhattan, with about half of the funds under the control of Mayor Michael Bloomberg and the other half under the control of Governor George Pataki.

Negotiations were held to obtain concessions from Silverstein in exchange for allocating the Liberty Bonds to the World Trade Center rebuilding. The concessions were to give back to the Port Authority: rights to build and operate the Freedom Tower and another office tower, a share of the insurance payments, and not to contest the allocation to the Port Authority of Liberty Bonds. The Port Authority, a public agency, already has the ability to issue its own tax-exempt debt. The Port Authority will have its proposal in final form in September 2006. In return, the Liberty Bond funds were allocated to Silverstein and government agencies will be anchor tenants in his three office towers. This allows construction to commence.

In summary, Silverstein retains rights for Towers Two, Three, and Four. The Freedom Tower (designated as Tower One) will be owned by the Port Authority as well as Tower Five which may be leased out to another private developer and redesigned as a residential building.

robin  posted on  2006-09-17   15:11:56 ET  Reply   Untrace   Trace   Private Reply  

Thanks for the research.

I didn't know that Lars was the developer of 7 from the get go.

Lod  posted on  2006-09-17   15:20:51 ET  Reply   Untrace   Trace   Private Reply  

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