The guy who owned the WTC took a 99 year insurance policy out on the buildings 2 months prior to 9/11...fishy?

Question

or just awesome timing?

http://www.cnn.com/2004/LAW/05/03/attacks.insurance/index.html

check this out..does this help?

i can't believe no one believes this guy took out insurance when he did...it's clearly documented and factual....

DeeJay, just did you nimrod

why do these whining conservatives just answer the question??

Answer 1

Why would they want to demolish the WTC? It had been losing money for years. Its the most valuable piece of real estate in the world, but the buildings themselves were a disaster. Under tenanted and beset by asbestos problems, the owner, the NY Port Authority had received warnings that it was sitting on a legal and financial time bomb. And of course, they couldn't be demolished because of all the asbestos dust that would go into the air of NY. The NYPA had been trying to sell the buildings for years, and understandably, nobody was interested. In early 2001, the NYPA went to court in a test case, and tried to get its insurance company to pay for asbestos renovations. The case was thrown out. This should have made the buildings even more unsaleable. However, immediately after this, Manhattan property developer Larry Silverstein, who sits on the board of Westfield America, stepped in with a consortium worth $US3.2 billion for a 99 year lease on the site. Westfield Australia directly contributed $A840 million for control of the shopping plaza. Silverstein insured himself for $US3.5 billion per terrorist attack, and Westfield insured itself against terrorism and loss of rental income.


Not long after, when the WTC conveniently disappeared in a terrorist attack - along with building 7 of the complex - it solved the asbestos problem, leaving Silverstein with a clean building site on the best real estate in the world, and Westfield with a rental income which probably would have been unsustainable in a real trading environment, and no law suits over all the asbestos dust released into the air of Manhattan. Silverstein's insurer has agreed to the $3.5 billion pay out, but Silverstein is claiming that it was two terrorist attacks and wants $ 7 billion, which is currently the subject of a court case.

Answer 2

One of the many popular conspiracy theories of 9/11:

New leaseholder
Building 7 owner, leaseholder, insurance policy holder for the remainder of the WTC Complex Larry Silverstein has come under scrutiny by 9/11 conspiracy theorists for at least two reasons. One being a statement he made in a documentary which conspiracy theorists say is suggestive of the intentional demolition of Building 7, and one being the timing of his bids and potential financial gains he was likely to make with the loss of the buildings.

Financial gains from Towers' destruction
As stated on the Larry Silverstein page:
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's bid for the lease to the World Trade Center closed on July 24, 2001, just seven weeks before the buildings were destroyed in the September 11, 2001 attacks.
The insurance policy also contained a clause that in the event of a terrorist attack, the partnership could collect the insured value of the property and be released from their obligations under the 99-year lease.

Answer 3

i don't have the URL, yet there's a video out that tells each and all of the fishy issues in touch. A demo expert mentioned the towers fell as they might with explosives planted contained in the development. various fireman mentioned the comparable ingredient. at present human beings hear too properly to the coolest notice. enable us to no longer overlook 9-11 saved the political careers of Bush and Gulianni.

Answer 4

http://www.rmbowman.com/ssn/Secrecy.htm



Funny, how 4,000 jews were given the day off.

Funny how GW's brother sent everyone from the bomb squad out of the building before it happened.

Funny how the WTC is made of titanium which melts at 2,000 degrees and an engine of an airplaine can only get as hot as 1,000 degrees, so if an airplane hit the WTC on 82nd floor the twenty-eight stories on top of that would not be able to bring down a whole 82 more stories, without a little help. If you know what I mean.

Funny how the ONE thing they find out of the WHOLE WTC accident is an arab passport. Hmmm.. Why do us Americans hate arabs so much?

ZIONISTS.

Don't get the wrong idea of arab people. I promise you they are good people, go there, research more, you'll understand.

Answer 5

Survivors with their children from world war two is the last descendant of this generation to solve the blunders and slip-ups with human errors for the survival of their children and grand-children of all tribes of different community born and raised after independence being overlook on planet earth.
The warning and mystery of us-911 for the dirty old men in office to take action to correct before we all leave with time not on our side in hitting expiry date due on planet earth.

Answer 6

It would ne more fishy if he took out a 3 month insurance policy.

Answer 7

this is fishy also ----> George W. Bush's brother was on the board of directors of a company providing electronic security for the World Trade Center

Answer 8

If I owned those buildings and knew of the attack in advance, I sure as heck wouldn't go for a 99 year policy. Why pay for the extra 98 years?

Answer 9

Baloney! Another psychotic web posting.

Answer 10

another conspiracy theory ? What are you "MIKE MOORE", a Liberal, or just the usual Dem whining, crying, and sour grapes ?