Difference between revisions of "Larry Silverstein"
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|birth_place=Brooklyn, New York City, New York, U.S. | |birth_place=Brooklyn, New York City, New York, U.S. | ||
|nationality=American | |nationality=American | ||
+ | |description=A multi-billionaire who took control of the twin towers in 2001, upgraded the insurance significantly, allowing him to profit from their demolition (although terming it a "financial catastrophe") and as of September 2015 was ''still'' pursuing legal action to obtain further billions. | ||
|employment= | |employment= | ||
}} | }} | ||
− | + | ==Property Deals== | |
+ | On July 24th, 2001 Larry Silverstein, who already owned [[World Trade Center Building 7]], signed an extraordinary 99 year lease for the Twin Towers and Buildings 4 and 5. [[Silverstein Properties]] only put down $14 million of its own money.<ref>http://www.nytimes.com/2003/11/22/nyregion/silverstein-will-get-most-of-his-cash-back-in-trade-center-deal.html</ref> | ||
+ | |||
+ | ===WTC Insurance contracts=== | ||
+ | Although the WTC complex earlier that year had been valued at just $1.2 billion, and had previously been insured for just $1.5 billion<ref name=law>http://web.archive.org/web/20030628160838/http://www.law.com/jsp/article.jsp?id=1030343783307</ref> Silverstein had the contract rewritten to explicitly stated that if the structures were destroyed, then Silverstein Properties would be allowed rebuild them, and also to increase the amount of retail space on the site.<ref>http://www.newyorker.com/magazine/2002/05/20/groundwork</ref> | ||
+ | insured the buildings for "$3.5468 billion per occurrence".<ref name=plea/> His insurance broker struggled to put that much coverage in place and ultimately had to split it among 25 dealers.<ref name=law/> The negotiations were so involved that only temporary contracts were in place for the insurance at the time the lease was signed and the contracts were still being finalized in September. In the event(s) Silverstein stated that the two planes constituted two terrorist attacks, and so $7.11 billion would be applicable. After a legal battle, Silverstein settled for $4.55 billion.<ref>http://realitieswatch.com/larry-silverstein-bought-wtc-months-911-got-4-55-billion-insurance-buildings/</ref><ref>http://www.nytimes.com/2007/05/24/nyregion/24insure.html?_r=2&ref=nyregion&oref=slogin&</ref><ref>https://www.corbettreport.com/episode-308-911-trillions-follow-the-money/</ref> | ||
+ | |||
+ | |||
+ | ==September 11th, 2001== | ||
+ | {{FA|9-11}} | ||
+ | Silverstein's fixed habit was to have breakfast and coffee every morning at “Windows On The World” in “World Trade Center”, but on September 11, 2001 he happened to have a dermatologist appointment in the morning.<ref>http://realitieswatch.com/larry-silverstein-bought-wtc-months-911-got-4-55-billion-insurance-buildings/</ref> | ||
+ | |||
+ | ===Ongoing legal battles=== | ||
+ | Silverstein is also pursuing legal action to obtain more money by suing the airlines concerned for "negligence". A Reuters report of January 2015 states that he was seeking $1.2 billion.<ref>http://www.reuters.com/article/2015/01/14/us-american-airline-ual-worldtradecenter-idUSKBN0KN2P020150114</ref> His lawyers submitted that that "The September 11th attacks were a financial catastrophe". A judgement from the 2nd court of appeals issued on 17th Septmber 2015 put the case on remand due to an incorrect valuation methodology.<ref name=plea>http://cases.justia.com/federal/appellate-courts/ca2/13-3619/13-3619-2015-09-17.pdf?ts=1442502008</ref> | ||
{{SMWDocs}} | {{SMWDocs}} | ||
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Revision as of 17:29, 1 October 2015
Larry Silverstein (Deep state actor, businessman) | |
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Born | 1931-05-30 Brooklyn, New York City, New York, U.S. |
Nationality | American |
Alma mater | New York University |
A multi-billionaire who took control of the twin towers in 2001, upgraded the insurance significantly, allowing him to profit from their demolition (although terming it a "financial catastrophe") and as of September 2015 was still pursuing legal action to obtain further billions. |
Contents
Property Deals
On July 24th, 2001 Larry Silverstein, who already owned World Trade Center Building 7, signed an extraordinary 99 year lease for the Twin Towers and Buildings 4 and 5. Silverstein Properties only put down $14 million of its own money.[1]
WTC Insurance contracts
Although the WTC complex earlier that year had been valued at just $1.2 billion, and had previously been insured for just $1.5 billion[2] Silverstein had the contract rewritten to explicitly stated that if the structures were destroyed, then Silverstein Properties would be allowed rebuild them, and also to increase the amount of retail space on the site.[3] insured the buildings for "$3.5468 billion per occurrence".[4] His insurance broker struggled to put that much coverage in place and ultimately had to split it among 25 dealers.[2] The negotiations were so involved that only temporary contracts were in place for the insurance at the time the lease was signed and the contracts were still being finalized in September. In the event(s) Silverstein stated that the two planes constituted two terrorist attacks, and so $7.11 billion would be applicable. After a legal battle, Silverstein settled for $4.55 billion.[5][6][7]
September 11th, 2001
- Full article: 9-11
- Full article: 9-11
Silverstein's fixed habit was to have breakfast and coffee every morning at “Windows On The World” in “World Trade Center”, but on September 11, 2001 he happened to have a dermatologist appointment in the morning.[8]
Ongoing legal battles
Silverstein is also pursuing legal action to obtain more money by suing the airlines concerned for "negligence". A Reuters report of January 2015 states that he was seeking $1.2 billion.[9] His lawyers submitted that that "The September 11th attacks were a financial catastrophe". A judgement from the 2nd court of appeals issued on 17th Septmber 2015 put the case on remand due to an incorrect valuation methodology.[4]
Related Quotations
Page | Quote | Author | Date |
---|---|---|---|
9-11/WTC7/Destruction | “I do know that that wall, I remember, was in danger and I think they made the decision based on the danger that it had in destroying other things-- that they did it in a controlled fashion.” | John Kerry | |
Elias Davidsson | “Larry Silverstein was and is a known real-estate mogul in New York. He is Jewish and a known friend of Israeli politicians, such as Ariel Sharon and Benyamin Netanyahu. He was for many years the owner of WTC No. 7, a 47-floor building that housed, inter alia, New York City's Emergency Center, offices of the CIA, SEC, the Secret Service and other government bodies. In 2001, the City of New York decided to lease out the Twin Towers to private investors. One of the bidders was Larry Silverstein.
Larry Silverstein is suspected in some circles for the above reasons to be an accomplice to the mass murder of 9/11, in which several of his own employees died. Yet, he did not make any effort to cover his alleged tracks. He leased the WTC just six weeks before 9/11, announced this lease to the world, insured it against terrorism for a whopping $3.2 billion and “admitted” in a documentary film to have given on 9/11 the authorization to “pull” WTC 7 (that is to demolish the building). He then sued insurance companies for double damages, because each tower was hit by a separate aircraft, thus displaying what would be widely regarded as greed. He even admitted to have escaped death by canceling a meeting at the WTC on 9/11. And he has never attempted to conceal his friendship with controversial Israeli politicians, such as Ariel Sharon and Benjamin Netanyahu. We have here all the requisite elements: A greedy Jew, proximity to the crime, motive. It is precisely the high visibility of Larry Silverstein as an ideal villain that makes me hesitate to implicate him in the crime. His alleged complicity is simply too obvious. It is difficult to believe that a person implicated in planning arson would take out a lease of the building six weeks before the crime and announce his agreement publicly. It is even more difficult to believe that a smart businessman, such as Silverstein, would risk the electrical chair in a criminal enterprise whose outcome he could not foresee. It is far more probable that Silverstein was framed into leasing the World Trade Center by the real plotters, precisely because he is greedy, because he is Jewish and because his ties to Israel. More to the point: Silverstein was not in a position to manage the hijacking exercises conducted by the military on the morning of 9/11, not in a position to steer airplanes against buildings and not in a position to wire WTC 7 within hours to demolish the building. Whatever his alleged role in 9/11, if any, the coordinators of Operation 9/11 did not sit in his office, but presumably in the Pentagon, led by Donald Rumsfeld. Larry Silverstein, however, represents an ideal bogeyman. The fact that Mr. Silverstein did not demonstrate any interest in investigating the demise of the Twin Towers he had leased, is no evidence of malfeasance: In that he acted like most Americans, who till this day do not wish to ask questions and know the truth. Dov Zakheim is another such ideal bogeyman. He is an ordained rabbi who made it to a high position in both government and private business. He worked in the Pentagon between 1985 and 1987. From 1987-2001, Zakheim was CEO of SPC International, a high-technology firm that manufactures, inter alia, equipment to remotely control aircraft. During 2000, he was a foreign policy advisor to George W. Bush. He was hired as a Comptroller of the Pentagon in the spring of 2001. On September 10, 2001 , Donald Rumsfeld, Defense Secretary, announced to a stupefied internal Pentagon audience that the Pentagon could not track $2.3 trillion dollars in its books. This statement disappeared, as it were, into the memory hole the next day because of the deadly events, but continues to be widely quoted by Jew-bashers, who connect these missing funds to Zakheim. A Google search on the string “$2.3 billion Zakheim” yields no less than 150,000 hits. But is it at all true that the Pentagon could not track $2.3 trillion, as Rumsfeld claimed? And if that was the case, could Zakheim make that money disappear from Pentagon accounting within a few months? And if he could do so, why wasn't he accused, charged and prosecuted? But probably the most important question is: Why did Rumsfeld make at all this statement, and precisely on the eve of 9/11? Wouldn't a political leader rather attempt to conceal such apparent malfeasance? Or was there a hidden motive behind this bizarre announcement?” | Elias Davidsson | 22 December 2013 |
Frank Lowy | “Fifty days before 9/11, Frank Lowy and Larry Silverstein bought the World Trade Centre in New York (how unlucky was that?) at a time when there was a requirement for massively expensive renovation and asbestos removal from the buildings:
The removal of asbestos raised this figure to well in excess of $1 billion. Lowy and Silverstein double-insured the WTC for multiple terrorist attacks (meaning they could claim for the same damage twice if two planes or attacks were involved) and collected $4.577 billion for WTC’s 1, 2, 4 and 5 and $861 million for WTC7. Total $5,438,000,000. This man is obviously a business genius...or something.” | Frank Lowy Kevin Boyle | 28 April 2016 |
Related Document
Title | Type | Publication date | Author(s) | Description |
---|---|---|---|---|
Document:Murdoch's Deeply Hidden Jewish Roots | Article | 16 July 2011 | Christopher Bollyn | “For some reason, Keith Rupert Murdoch has always tried to hide the fact that his pious mother, Elisabeth Joy Murdoch (née Greene), brought him up as a Jew.” |
- ↑ http://www.nytimes.com/2003/11/22/nyregion/silverstein-will-get-most-of-his-cash-back-in-trade-center-deal.html
- ↑ a b http://web.archive.org/web/20030628160838/http://www.law.com/jsp/article.jsp?id=1030343783307
- ↑ http://www.newyorker.com/magazine/2002/05/20/groundwork
- ↑ a b http://cases.justia.com/federal/appellate-courts/ca2/13-3619/13-3619-2015-09-17.pdf?ts=1442502008
- ↑ http://realitieswatch.com/larry-silverstein-bought-wtc-months-911-got-4-55-billion-insurance-buildings/
- ↑ http://www.nytimes.com/2007/05/24/nyregion/24insure.html?_r=2&ref=nyregion&oref=slogin&
- ↑ https://www.corbettreport.com/episode-308-911-trillions-follow-the-money/
- ↑ http://realitieswatch.com/larry-silverstein-bought-wtc-months-911-got-4-55-billion-insurance-buildings/
- ↑ http://www.reuters.com/article/2015/01/14/us-american-airline-ual-worldtradecenter-idUSKBN0KN2P020150114