Interesting tidbit about 9/11...

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Josh

Lifer
Mar 20, 2000
10,917
0
0
Originally posted by: IcebergSlim
Originally posted by: BeauJangles
Originally posted by: IcebergSlim
Originally posted by: BeauJangles

So if Arab men did not act alone in taking down the WTC, what exactly happened? Conspiracy theorists never have just one theory, they have a million bits and pieces. First it's "bombs in the buildings," then it's "weapons pods" on the planes, then it's "the planes were swapped with planes full of high explosives," then it's "missiles."

Which is it this time and who exactly is involved?

I'm not sure all the players I know this isn't a VAST conspiracy...probably ridiculously simple really.

Supply extremist terrorist group with resources and assistance to accomplish their goals of making an attack on the US government. Don't tell them about your plan to profit from it.

Seems easy.

Okay, at least we got that out of the way. So you're saying that three planes did hit the Pentagon and the WTC and that those planes were hijacked from Logan International Airport.

In regards to your profit theory, there are some serious holes. First, Silverstein only is in line to get about 4.6 billion dollars, but is on the hook for rebuilding the WTC complex which has totaled over 6 and a half billion dollars so far. So, he took in 4.6 and had to pay out over 6.5 -- not a good investment at all.

Second, the insurance companies DID bitch and moan about paying him money. http://www.ny1.com/Default.aspx?SecID=1000&ArID=60290

It seems that Silverstein is having trouble coming up with the money to rebuild the WTC... We've seen that he's tackled one project at a time and that the financing has been incredibly difficult.

And anybody who wants to argue that Silverstein had knowledge of the WTC attacks would have to reconcile the fact that, when he went to purchase disaster insurance he first tried to buy a $1.5 billion dollar policy. The folks loaning him the money objected and he discussed buying a $5 billion dollar policy, but ultimately settled on a $3.5 billion dollar policy which was less than the estimated cost of rebuilding the WTC. Add that to the fact there was NO insurance policy on the buildings when the attacks occured and Iceburgslim is right -- Silverstein is a lucky guy... He's lucky that he's getting any money at all from his investment.

Your facts are a little out of line. First of all he is not on the hook for rebuilding the towers at all. Most is being paid with tax payer Dollars!

So lets see here:

14 million investment for lease

4.5 billion payout

1 billion to cover 100 mil year lease payments for next 10 years while towers are rebuilt
2 billion towards rebuilding

that is still a 1.5 billion dollar net.

plus he will be taking in tens of billions annually for the next 89 years

Last time I checked, it was aorund $3bn to rebuild JUST the freedom tower. In addition, it's been reported that it is not going to be completed until 2013. So he ain't taking SHIT in for the next 7 years. "Tens of billions annually" - where the fuck did you get that bullshit :roll:
 

jemcam

Diamond Member
Jan 3, 2001
3,676
0
0
Casiotech and Icebergslim, I just want to know how John Titor fits in all this? Surely he would have the answers!
 
Dec 26, 2007
11,782
2
76
Originally posted by: CasioTech
Originally posted by: adairusmc
Originally posted by: CasioTech
and dr. pizza, should I pull up the facts about the bs moon landing for you?


http://www.youtube.com/watch?v...5MFTYU&feature=related

You mean the FACT that we did land on the moon, and the FACT that we bounce a laser off of reflectors left there by our astronauts to range the exact distance to the moon?

could have been placed there by a machine. No human ever walked on the moon. The evidence is everywhere and there are tons of witnesses.

A witness to something is a person who WITNESSED the event. How can a person WITNESS us NOT landing on the moon?
 

jonks

Lifer
Feb 7, 2005
13,918
20
81
Originally posted by: IcebergSlim
Originally posted by: Josh

Do the math. In all, very substantial costs involved due to the collapse of WTC7, rather than people making a profit from insurance proceeds.

Lets imagine you are are correct. He was netting zero from the insurance. Are you prepared to contest want he stands to gain when the towers are finished?

Yes. Assuming he nets zero, or even loses money in his plot to kill thousands and destroy buildings, what does he stand to gain when the towers are finished? He already had a 99 year lease on some of the most valuable office space in the world. So under your theory he decided to kablooey the buildings because at 30 years old he felt the twin towers weren't up to snuff??

Factor in all the previous comments about the perils of, oh I dunno, treason, contacting a foreign terrorist power, avoiding all detection from every agency around the world who monitors such communication, hoping the terrorists don't tell anyone they have a rich American financier helping them, and the fact that an otherwise ridiculously rich law abiding husband, father, and life long new yorker had no problem with committing one of the largest mass murders in history and risk being labeled for all time as the greatest traitor in his country's history, all for a few more bucks.

It all makes zero sense.
 

PottedMeat

Lifer
Apr 17, 2002
12,363
475
126
Originally posted by: DisgruntledVirus
Originally posted by: CasioTech
Originally posted by: adairusmc
Originally posted by: CasioTech
and dr. pizza, should I pull up the facts about the bs moon landing for you?


http://www.youtube.com/watch?v...5MFTYU&feature=related

You mean the FACT that we did land on the moon, and the FACT that we bounce a laser off of reflectors left there by our astronauts to range the exact distance to the moon?

could have been placed there by a machine. No human ever walked on the moon. The evidence is everywhere and there are tons of witnesses.

A witness to something is a person who WITNESSED the event. How can a person WITNESS us NOT landing on the moon?

Maybe he should go confront Buzz Aldrin about walking on the moon?

http://www.youtube.com/watch?v=ZOo6aHSY8hU

Who wants to see Buzz Aldrin punch out CasioTech?
 

Josh

Lifer
Mar 20, 2000
10,917
0
0
Originally posted by: jonks
Originally posted by: IcebergSlim
Originally posted by: Josh

Do the math. In all, very substantial costs involved due to the collapse of WTC7, rather than people making a profit from insurance proceeds.

Lets imagine you are are correct. He was netting zero from the insurance. Are you prepared to contest want he stands to gain when the towers are finished?

Yes. Assuming he nets zero, or even loses money in his plot to kill thousands and destroy buildings, what does he stand to gain when the towers are finished? He already had a 99 year lease on some of the most valuable office space in the world. So under your theory he decided to kablooey the buildings because at 30 years old he felt the twin towers weren't up to snuff??

Factor in all the previous comments about the perils of, oh I dunno, treason, contacting a foreign terrorist power, avoiding all detection from every agency around the world who monitors such communication, hoping the terrorists don't tell anyone they have a rich American financier helping them, and the fact that an otherwise ridiculously rich law abiding husband, father, and life long new yorker had no problem with committing one of the largest mass murders in history and risk being labeled for all time as the greatest traitor in his country's history, all for a few more bucks.

It all makes zero sense.

Iceberg Slim = Lose.
 

IceBergSLiM

Lifer
Jul 11, 2000
29,932
3
81
Originally posted by: jonks
Originally posted by: IcebergSlim
Originally posted by: Josh

Do the math. In all, very substantial costs involved due to the collapse of WTC7, rather than people making a profit from insurance proceeds.

Lets imagine you are are correct. He was netting zero from the insurance. Are you prepared to contest want he stands to gain when the towers are finished?

Yes. Assuming he nets zero, or even loses money in his plot to kill thousands and destroy buildings, what does he stand to gain when the towers are finished? He already had a 99 year lease on some of the most valuable office space in the world. So under your theory he decided to kablooey the buildings because at 30 years old he felt the twin towers weren't up to snuff??

Factor in all the previous comments about the perils of, oh I dunno, treason, contacting a foreign terrorist power, avoiding all detection from every agency around the world who monitors such communication, hoping the terrorists don't tell anyone they have a rich American financier helping them, and the fact that an otherwise ridiculously rich law abiding husband, father, and life long new yorker had no problem with committing one of the largest mass murders in history and risk being labeled for all time as the greatest traitor in his country's history, all for a few more bucks.

It all makes zero sense.

lol......yes of course he was personally meeting with a terrorist organization right and making calls to al quaeda from his cell phone!! sure dude no problem!!


In your world this is how it would have worked I'm sure:


OPerator: Hello How can Help You?

Silverstein: Yeah put me through to Al quada please

Operator: Please hold

Al quada: praise allah how can I help you

Silverstein: yeah I got some money to help you with your errr umm attack....

Al quada: Oh great who are you?

Silverstein: My name is larry silverstein from nyc

Al quada: just send me half a million wester union

Silverstein: Sounds great expect it tommorow.


1000's of dirt poor mexicans run across the border daily avoiding detection. You don't think a billionaire can make moves undetected.....seriously? In your world all criminals must have the brain capacity of Arthur Fonzarelli

Not to mention the plot wasn't undetected there were plenty of warnings ignored.
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
9
0
Originally posted by: irishScott
Video 8:

Finally, completely out of context.

More specifically: "Both the producer and the director noted that Walters was in perfect shape". So they're doctors now are they? Did they give him a physical? The guy was 85 years old (according to the French newspaper clipping shown in the video). He died from a stroke. Strokes are not that uncommon among people his age.


CasioTech, you are seriously messed up if you believe this shit. I've heard some moon landing conspiracies that actually makes some twisted false sort of sense. This was a bunch of pure unsubstantiated, blatantly wrong historically inaccurate by any definition bullshit.

In any case, I'm pretty sure the only reason you posted those videos was to provide irrefutable support for your argument. Irrefutable because you probably thought that no one on these forums would be bored enough to go through it. You were wrong, I win. Have a nice life. :)

you didn't win shit.


'durrrrrrrrrrrr, I don't have anything to say about this great documentary... I know... IT WAS ALLLLLL OUT OF CONTEXT AND BS! i win.'


:thumbsdown:
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
9
0
Originally posted by: irishScott
Video 5:

1. See previous.

2. I wonder how an Ex-KGB agent without a given background is suddenly an expert on the equipment used on the moon, the nature of the lunar surface, physics, and other areas relatively outside the purview of an intelligence operative?

2a. IE: The video clearly shows that the flag wasn't "waving in the wind". Atmosphere or no atmosphere, the flag is attached to a pole that is shifting position. By any laws of physics It's going to move. Given the way it's mounted, it's probably going to move around a vertical axis (the pole maybe? :shocked:)

3. The narrator contradicts himself. If all photos were destroyed, how did he come across an undeveloped roll of film?

4. Ambrose Chapel. Who the hell... As far as I'm concerned he's just another guy with no proof. He says a lot with nothing to back it up.

oh and btw, whether or not he's a 'physics' expert, you have NOTHING to say about the key points he brings up such as the spotlights and lighting among all the other inconsistencies.
 

geno

Lifer
Dec 26, 1999
25,074
4
0
Originally posted by: CasioTech
Originally posted by: geno
Originally posted by: CasioTech
obviously that's not going to happen because our army is a joke. But in the grand scheme of things, we'll get rich off this war, may not happen for a long time though.

Think a second about how the US, hell, any country's economy works. How are we making money? Are other countries PAYING us billions of dollars to occupy Iraq? I thought not. So, genius, where is the money coming from? Where are the billions, or as you claim trillions, coming from? We're stimulating certain areas of our economy, potentially draining others. I'm DYING to know where you think trillions of dollars is coming from. The Middle East? Are they paying us to pay them for their oil? Please, do tell and provide proof. Otherwise, you're a trolling fake who's doing nothing more than hitting a bees nest with a stick.

LOOOOOOOOL

Germany was forced, by the Treaty of Versailles, to pay 226 billion Reichsmarks, later reduced to something like 130 billion Reichsmarks, to Britain and France so they could pay back all of their financiers (including the United States).

After WWII, it was decided that Germany would pay back the US when it was unified again. Apparently it will all be paid back to the US by 2010.

so learn your history, stupid little boy, before calling me out.

Congratulations, dummy, you proved NOTHING and ducked my entire post. You are, in fact, a trolling fake who's doing nothing more than hitting a bees nest with a stick. Thanks for proving this thread is definitely not worth reading.
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
9
0
Originally posted by: geno
Originally posted by: CasioTech
Originally posted by: geno
Originally posted by: CasioTech
obviously that's not going to happen because our army is a joke. But in the grand scheme of things, we'll get rich off this war, may not happen for a long time though.

Think a second about how the US, hell, any country's economy works. How are we making money? Are other countries PAYING us billions of dollars to occupy Iraq? I thought not. So, genius, where is the money coming from? Where are the billions, or as you claim trillions, coming from? We're stimulating certain areas of our economy, potentially draining others. I'm DYING to know where you think trillions of dollars is coming from. The Middle East? Are they paying us to pay them for their oil? Please, do tell and provide proof. Otherwise, you're a trolling fake who's doing nothing more than hitting a bees nest with a stick.

LOOOOOOOOL

Germany was forced, by the Treaty of Versailles, to pay 226 billion Reichsmarks, later reduced to something like 130 billion Reichsmarks, to Britain and France so they could pay back all of their financiers (including the United States).

After WWII, it was decided that Germany would pay back the US when it was unified again. Apparently it will all be paid back to the US by 2010.

so learn your history, stupid little boy, before calling me out.

Congratulations, dummy, you proved NOTHING and ducked my entire post. You are, in fact, a trolling fake who's doing nothing more than hitting a bees nest with a stick. Thanks for proving this thread is definitely not worth reading.

Is that the only insult you know?

 

Josh

Lifer
Mar 20, 2000
10,917
0
0
Originally posted by: CasioTech
Originally posted by: irishScott
Video 8:

Finally, completely out of context.

More specifically: "Both the producer and the director noted that Walters was in perfect shape". So they're doctors now are they? Did they give him a physical? The guy was 85 years old (according to the French newspaper clipping shown in the video). He died from a stroke. Strokes are not that uncommon among people his age.


CasioTech, you are seriously messed up if you believe this shit. I've heard some moon landing conspiracies that actually makes some twisted false sort of sense. This was a bunch of pure unsubstantiated, blatantly wrong historically inaccurate by any definition bullshit.

In any case, I'm pretty sure the only reason you posted those videos was to provide irrefutable support for your argument. Irrefutable because you probably thought that no one on these forums would be bored enough to go through it. You were wrong, I win. Have a nice life. :)

you didn't win shit.


'durrrrrrrrrrrr, I don't have anything to say about this great documentary... I know... IT WAS ALLLLLL OUT OF CONTEXT AND BS! i win.'


:thumbsdown:

:roll:
 

Amused

Elite Member
Apr 14, 2001
57,455
19,924
146
I wonder what it is that compels a small, but significant percentage of the population to buy into obviously contrived and logically impossible conspiracy theories?

It's as if they NEED the conspiracy to be true. They WANT it to be true and will ignore facts to believe it.

Are conspiracy theories the new religion?
 

MotF Bane

No Lifer
Dec 22, 2006
60,801
10
0
Originally posted by: CasioTech
Originally posted by: irishScott
Video 8:

Finally, completely out of context.

More specifically: "Both the producer and the director noted that Walters was in perfect shape". So they're doctors now are they? Did they give him a physical? The guy was 85 years old (according to the French newspaper clipping shown in the video). He died from a stroke. Strokes are not that uncommon among people his age.


CasioTech, you are seriously messed up if you believe this shit. I've heard some moon landing conspiracies that actually makes some twisted false sort of sense. This was a bunch of pure unsubstantiated, blatantly wrong historically inaccurate by any definition bullshit.

In any case, I'm pretty sure the only reason you posted those videos was to provide irrefutable support for your argument. Irrefutable because you probably thought that no one on these forums would be bored enough to go through it. You were wrong, I win. Have a nice life. :)

you didn't win shit.


'durrrrrrrrrrrr, I don't have anything to say about this great documentary... I know... IT WAS ALLLLLL OUT OF CONTEXT AND BS! i win.'


:thumbsdown:

Stop posting troll.
 
Jun 19, 2004
10,860
1
81
Originally posted by: IcebergSlim


1000's of dirt poor mexicans run across the border daily avoiding detection. You don't think a billionaire can make moves undetected.....seriously? In your world all criminals must have the brain capacity of Arthur Fonzarelli

Not to mention the plot wasn't undetected there were plenty of warnings ignored.

You leave the Fonz out of this

 
Dec 26, 2007
11,782
2
76
ATOT we just need to let IBS, Casio, and Alkemyst have their own little conspiracy theory board.

I'm going to go suggest that I will bbl, expect a new forum for just those 3 to talk about these effed up ideas they have.
 
Jun 19, 2004
10,860
1
81
Originally posted by: DisgruntledVirus
ATOT we just need to let IBS, Casio, and Alkemyst have their own little conspiracy theory board.

I'm going to go suggest that I will bbl, expect a new forum for just those 3 to talk about these effed up ideas they have.

They do seem like ATOT's "Three Stooges" now don't they?
 

BeauJangles

Lifer
Aug 26, 2001
13,941
1
0
Originally posted by: CasioTech
Originally posted by: irishScott
Video 8:

Finally, completely out of context.

More specifically: "Both the producer and the director noted that Walters was in perfect shape". So they're doctors now are they? Did they give him a physical? The guy was 85 years old (according to the French newspaper clipping shown in the video). He died from a stroke. Strokes are not that uncommon among people his age.


CasioTech, you are seriously messed up if you believe this shit. I've heard some moon landing conspiracies that actually makes some twisted false sort of sense. This was a bunch of pure unsubstantiated, blatantly wrong historically inaccurate by any definition bullshit.

In any case, I'm pretty sure the only reason you posted those videos was to provide irrefutable support for your argument. Irrefutable because you probably thought that no one on these forums would be bored enough to go through it. You were wrong, I win. Have a nice life. :)

you didn't win shit.


'durrrrrrrrrrrr, I don't have anything to say about this great documentary... I know... IT WAS ALLLLLL OUT OF CONTEXT AND BS! i win.'


:thumbsdown:

Honestly, you're an idiot. 90% of those quotes were either not cited, taken completely out of context or otherwise manipulated to say something the speakers didn't intend. I guess when someone refutes your argument you really have nothing to fall back on besides trying to make fun of them.
 

geno

Lifer
Dec 26, 1999
25,074
4
0
Be careful, Beau, he might make fun of your name again. We all know that adds loads to his credibility.
 

Bulk Beef

Diamond Member
Aug 14, 2001
5,466
0
76
Originally posted by: Amused
I wonder what it is that compels a small, but significant percentage of the population to buy into obviously contrived and logically impossible conspiracy theories?

It's as if they NEED the conspiracy to be true. They WANT it to be true and will ignore facts to believe it.

Are conspiracy theories the new religion?

I was going to write a sociology paper on CTers a couple of years ago. Was going to try to answer some of those questions, but I decided after a day of research that it was just gonna piss me off.
 

Ns1

No Lifer
Jun 17, 2001
55,420
1,600
126
Originally posted by: Bulk Beef
Originally posted by: Amused
I wonder what it is that compels a small, but significant percentage of the population to buy into obviously contrived and logically impossible conspiracy theories?

It's as if they NEED the conspiracy to be true. They WANT it to be true and will ignore facts to believe it.

Are conspiracy theories the new religion?

I was going to write a sociology paper on CTers a couple of years ago. Was going to try to answer some of those questions, but I decided after a day of research that it was just gonna piss me off.

I felt that way after 5 hours yesterday
 

BeauJangles

Lifer
Aug 26, 2001
13,941
1
0
Originally posted by: IcebergSlim
Originally posted by: jonks
Originally posted by: IcebergSlim
Originally posted by: Josh

Do the math. In all, very substantial costs involved due to the collapse of WTC7, rather than people making a profit from insurance proceeds.

Lets imagine you are are correct. He was netting zero from the insurance. Are you prepared to contest want he stands to gain when the towers are finished?

Yes. Assuming he nets zero, or even loses money in his plot to kill thousands and destroy buildings, what does he stand to gain when the towers are finished? He already had a 99 year lease on some of the most valuable office space in the world. So under your theory he decided to kablooey the buildings because at 30 years old he felt the twin towers weren't up to snuff??

Factor in all the previous comments about the perils of, oh I dunno, treason, contacting a foreign terrorist power, avoiding all detection from every agency around the world who monitors such communication, hoping the terrorists don't tell anyone they have a rich American financier helping them, and the fact that an otherwise ridiculously rich law abiding husband, father, and life long new yorker had no problem with committing one of the largest mass murders in history and risk being labeled for all time as the greatest traitor in his country's history, all for a few more bucks.

It all makes zero sense.

lol......yes of course he was personally meeting with a terrorist organization right and making calls to al quaeda from his cell phone!! sure dude no problem!!


In your world this is how it would have worked I'm sure:


OPerator: Hello How can Help You?

Silverstein: Yeah put me through to Al quada please

Operator: Please hold

Al quada: praise allah how can I help you

Silverstein: yeah I got some money to help you with your errr umm attack....

Al quada: Oh great who are you?

Silverstein: My name is larry silverstein from nyc

Al quada: just send me half a million wester union

Silverstein: Sounds great expect it tommorow.


1000's of dirt poor mexicans run across the border daily avoiding detection. You don't think a billionaire can make moves undetected.....seriously? In your world all criminals must have the brain capacity of Arthur Fonzarelli

Not to mention the plot wasn't undetected there were plenty of warnings ignored.

I thought I shredded the idea that Silverstein had anything to gain from the WTC attacks?

It sucks when you're wrong, huh? Or do I need to spell it out in really simple English for you?

Well, here goes.

Silverstein invested money with other people into buying the WTC. He got 3.2 billion dollars together, including 14 million of his own money. He filed for a 1.5 billion dollar insurance policy, which is investors balked at. He then wanted a 5 billion dollar policy, but ultimately settled on a 3.5 billion dollar insurance policy, which was granted by about 25 different agents. At the time, however, he was warned that 3.5 billion wouldn't cover the costs of reconstruction (which his lease legally obligated him to undertake) if the WTC came crashing down. IF the towers came down, it's not as though Silverstein would walk away with 3.5 billion dollars. Technically, his investment group would split that money and could do what they pleased with it, HOWEVER their contract OBLIGATED them to foot the bill for rebuilding the WTC if something should happen.

RECAP THUS FAR: Silverstein invests big bucks into WTC. If bad things happen to WTC, Silverstein's group must pay to rebuild it. Insurance money < cost of rebuilding.

CONSPIRACY QUESTIONS:
- If Silverstein had wanted to destroy the WTC for profit, why did he not seek the 5 billion dollar claim and instead settle on a number less than the estimated cost of rebuilding?
- In fact, why would he have destroyed buildings (1) knowing that he was legally obligated to pay for their reconstruction and (2) knowing that he could not afford to do so under the insurance policy?

When the planes hit the WTC, there were NO ACTIVE INSURANCE policies on the buildings. There were agreements in place, but the policy wasn't technically active. The insurance companies did not dispute the claim because the insurance agreement was basically in place, even if not technically active. The insurance companies did get upset when Silverstein tried to claim there were two separate attacks, and he should be entitled to 7 billion dollars.

RECAP THUS FAR: Silverstein had no active insurance on Sept. 11, 2001. Insurance companies had agreements in place, no contest about paying the owed monies. Insurance companies get upset when Silverstein claims there were two separate attacks. Ultimately, Silverstein won that claim and was awarded 7.2 billion dollars. HOWEVER, his investment group will only see about 4.6 billion worth of that payout.

CONSPIRACY QUESTIONS:

- If Silverstein was helping Osama attack the WTC, why would he risk everything by scheduling the attack before his insurance policies were active? Even though there was no contest by the agents, they could have tried to make a big stink in saying that the damage occurred before their coverage was extended. By pushing the attacks into October or November, Silverstein would have guaranteed the insurance agencies would pay up.

The costs of rebuilding the WTC have been much higher than expected. It is estimated that the total cost could near $15 billion dollars, of which Silverstein is on the hook for nearly all of it. In fact, Silverstein's group does not have the money to finance the complete reconstruction and has won nearly four billion dollars in federal loans. In return, however, Silverstein has relinquished control of the Freedom Tower and of one other building.

RECAP THUS FAR: Silverstein now is forced to pay billions up billions in reconstruction costs and has accepted federal money to do so.

CONSPIRACY QUESTIONS:
- If Silverstein is planning on rolling on dough for the next eighty years, he's off on the wrong path. Combining his $120 million / year leasing costs with the interest payments he now owes the government, he is paying them somewhere in the neighborhood of $240 million dollars per year. If Silverstein has pocketed billions from the WTC disaster, then why has he relinquished control over the most profitable (long-term) building in the complex -- the Freedom Tower? Why has he accepted federal money, which he owes interest on, if he could simply walk away with billions?

Summary:

Silverstein pays 3.2 billion dollars for the WTC.
He takes out a 3.5 billion dollar insurance policy (after originally seeking a 1.5 billion dollar policy), which doesn't go into effect until after 9/11/2001.
This policy is claimed 2x for the WTC, but Silverstein needs money, so he settles for a 4.6 billion dollar payout.
Silverstein accepts federal loans to help complete the WTC rebuilding and now is on the hook for 6% interest on over four billion dollars plus 120 million dollars per year for the life of his lease.
Silveerstein, as a condition of the loans, gives up control over the most lucrative building in the complex -- the Freedom Tower -- to secure the loans.

Anandtech idiot-friendly summary:

Step 1 - Pay 3.2 billion for building
Step 2 - Take out 3.5 billion insurance policy
Step 3 - cost of rebuilding > 3.5 billion
Step 4 - Take ~ 4 billion in government loans @ 6% relinquish control over most profitable building and still owe 120 million per year
Step 5 - ...
Step 6 - Profit?
 

Josh

Lifer
Mar 20, 2000
10,917
0
0
Originally posted by: Ns1
Originally posted by: Bulk Beef
Originally posted by: Amused
I wonder what it is that compels a small, but significant percentage of the population to buy into obviously contrived and logically impossible conspiracy theories?

It's as if they NEED the conspiracy to be true. They WANT it to be true and will ignore facts to believe it.

Are conspiracy theories the new religion?

I was going to write a sociology paper on CTers a couple of years ago. Was going to try to answer some of those questions, but I decided after a day of research that it was just gonna piss me off.

I felt that way after 5 hours yesterday

Sometimes I feel as though they don't even believe in the shit they are just trying to get a rise out of people the sick sadistic fucks.