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felltoearth wrote:
Good response.
What's more likely, that a septuagenarian octogenarian got a date wrong in a one and a half hour speech or that he intentionally blew up his own building so he can collect insurance, lose rent in the meantime and rebuild.
Solid plan that second one.
It's like you don't even give the thirty seconds it takes to think through the stupid illogic of these posts.
Edit : Larry's age
Solid plan that second one.
It's like you don't even give the thirty seconds it takes to think through the stupid illogic of these posts.
Edit : Larry's age
felltoearth wrote:My favouite part of the genious behind those figuring out the conspiracy is that apparently Silverstein had the brilliance to pull of the destruction of multiple buildings in plain site of the world, but couldn't put together a legal team to make sure the insurance coverage for such and event was rock solid.Following the September 11, 2001, attacks, Silverstein sought to collect double the face amount (~$7.1 billion) on the basis that the two separate airplane strikes into two separate buildings constituted two occurrences within the meaning of the policies. The insurance companies took the opposite view, and the matter went to court. Based on differences in the definition of "occurrence" (the insurance policy term governing the amount of insurance) and uncertainties over which definition of "occurrence" applied, the court split the insurers into two groups for jury trials on the question of which definition of "occurrence" applied and whether the insurance contracts were subject to the "one occurrence" interpretation or the "two occurrence" interpretation.
https://en.m.wikipedia.org/wiki/Larry_S ... ce_dispute
felltoearth wrote:43 minutes of a nasally raving lunatic. I'd rather stick pins in my eyes.
Note From The Editor
This feature is somewhat different from our usual purely scientific articles, in that it contains some speculation. However, given the timing and the importance of the issue, we consider that this feature is su ciently technical and interesting to merit publication for our readers. Obviously, the content of this article is the responsibility of the authors.
Because the only loads present on 9/11 after the impact of the airplanes were gravity and re (there were no high winds that day), many engineers were surprised that the Twin Towers completely collapsed.
The case of the Twin Towers
Whereas NIST did attempt to analyze and model the collapse of WTC 7, it did not do so in the case of the Twin Towers. In NIST’s own words, “The focus of the investigation was on the sequence of events from the instant of aircraft impact to the initiation of collapse for each tower....this sequence is referred to as the ‘probable collapse sequence,’ although it includes little analysis of the structural behaviour of the tower after the conditions for collapse initiation were reached and collapse became inevitable. Thus, the definitive report on the collapse of the Twin Towers contains no analysis of why the lower sections failed to arrest or even slow the descent of the upper sections—which NIST acknowledges “came down essentially in free fall” —nor does it explain the various other phenomena observed during the collapses. When a group of petitioners filed a formal Request for Correction asking NIST to perform such analysis, NIST replied that it was “unable to provide a full explanation of the total collapse” because “the computer models [were] not able to converge on a solution.”
proudfootz wrote:felltoearth wrote:My favouite part of the genious behind those figuring out the conspiracy is that apparently Silverstein had the brilliance to pull of the destruction of multiple buildings in plain site of the world, but couldn't put together a legal team to make sure the insurance coverage for such and event was rock solid.Following the September 11, 2001, attacks, Silverstein sought to collect double the face amount (~$7.1 billion) on the basis that the two separate airplane strikes into two separate buildings constituted two occurrences within the meaning of the policies. The insurance companies took the opposite view, and the matter went to court. Based on differences in the definition of "occurrence" (the insurance policy term governing the amount of insurance) and uncertainties over which definition of "occurrence" applied, the court split the insurers into two groups for jury trials on the question of which definition of "occurrence" applied and whether the insurance contracts were subject to the "one occurrence" interpretation or the "two occurrence" interpretation.
https://en.m.wikipedia.org/wiki/Larry_S ... ce_dispute
$4.5 billion return on a $115 million investment?
No one would even stoop to pick that up off the sidewalk.
quas wrote:proudfootz wrote:felltoearth wrote:My favouite part of the genious behind those figuring out the conspiracy is that apparently Silverstein had the brilliance to pull of the destruction of multiple buildings in plain site of the world, but couldn't put together a legal team to make sure the insurance coverage for such and event was rock solid.Following the September 11, 2001, attacks, Silverstein sought to collect double the face amount (~$7.1 billion) on the basis that the two separate airplane strikes into two separate buildings constituted two occurrences within the meaning of the policies. The insurance companies took the opposite view, and the matter went to court. Based on differences in the definition of "occurrence" (the insurance policy term governing the amount of insurance) and uncertainties over which definition of "occurrence" applied, the court split the insurers into two groups for jury trials on the question of which definition of "occurrence" applied and whether the insurance contracts were subject to the "one occurrence" interpretation or the "two occurrence" interpretation.
https://en.m.wikipedia.org/wiki/Larry_S ... ce_dispute
$4.5 billion return on a $115 million investment?
No one would even stoop to pick that up off the sidewalk.
Where did you get that 115 million figure from?
Silverstein put up $14 million of his own money to secure the deal.
https://en.wikipedia.org/wiki/Larry_Sil ... ade_Center
quas wrote:http://www.911myths.com/html/windfall.html
tl:dr version
No one knows whether he profits or not.
felltoearth wrote:
The whole concept of the Controlled Demolition "Theory" is that Silverstein made out like a bandit. Doing the math it doesn't work out that way.
Silverstein Properties, upon signing the lease for the WTC site just prior to 911 were on the hook for 120M $US a year with some liabilities on the properties themselves (hence having insurance).
As of 2009, Silverstein properties had paid out 2.75B US$ to Port Authority for reconstruction plus 1B US$ in base rent. This is before any liabilities they have to their tenants out of lease obligations. Who knows what this.
So before the plus plus and the initial cost to sign the lease Silverstein is in for 3.75B US$ and WTC5 hasn't even been built yet.
I wouldn't say he's hemorrhaging money at this point but the idea he destroyed his own buildings for profit is not just ridiculous, it's bat shit crazy.
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