posted on Aug, 5 2013 @ 02:38 PM
This story really rubs me the wrong way. The whole WTC site and project is run through from top to bottom and side to side with greed and utter, naked
attempt at corruption for every level. This is no exception but HOW blatant this was is just unbelievable.
MANHATTAN (CN) - The leaseholder of the World Trade Center complex destroyed in the Sept. 11, 2001 terrorist attacks can't cash in twice on his
losses, a federal judge explained a month after rejecting the developer's bid to recover billions from the two airlines whose planes were used in the
Insurers paid World Trade Center Properties and its owner, Larry Silverstein, $4.6 billion for his losses related to site.
4.6 Billion. Paid. Signed, sealed and delivered to the man. keep that number in mind.
The judge said that before the attacks, Silverstein had a leaseholder interest in the main WTC site worth $2.8 billion. A business interruption
insurance contract compensated plaintiffs with rental payments that no longer would be paid while the buildings were being replaced and filled with
2.8 Billion is his level of interest at the time it all happened. So.... Isn't that already putting him ahead?? It would be by my math. Heck, I can be
generous in my thoughts and we'll just call that all even, as it's already been paid anyway. So...along comes G R E E D.
Silverstein won a 99-year lease from the Port Authority of New York and New Jersey on the WTC complex just six weeks before the attacks.
Silverstein recently lost a bid to recover more than $3.5 billion from American Airlines and United Airlines when Hellerstein tossed his $8 billion
lawsuit against the airlines on July 18.
8 BILLION dollar lawsuit?! This is AFTER he's been paid his losses by insurance. He has the nerve to attempt to become a multi-billionaire off this
whole thing by the court system? I'm not sure what to feel aside from the obvious outrage. The guy's got nerve. I'll say that.
I do have a question tho... People have gone to prison for years over FEMA disaster fraud for mere thousands of dollars. Plenty in the scope of a
disaster but pennies compared to this. Literal pocket change. This guy attempts to scam the system for BILLIONS in a "legal" pay above his own level
of loss (and the article goes on to detail more he was trying for) and it's JUST a "Denied" decision? How isn't the whole lawsuit taken as bad faith
and outright attempt to defraud??
I suppose our legal system doesn't look at and classify filings that way, even when it's so obvious that a child could see it for what it is. However,
perhaps that should be a reform to our system that is seriously considered. After all, everyone losing property has a right to collect their losses as
their insurance and recovery contracts dictate. 9/11 added much to that in relief funds and more. NO ONE has the right to PROFIT of the deaths of
thousands of people. Much less profit by billions.
Silverstein plans to appeal. (shame? what's shame?)
edit on 5-8-2013 by Wrabbit2000 because: (no reason given)