I just wanted to set the record straight regarding:
“Larry Silverstein secured the lease for the WTC only weeks before the attack. He specifically negotiated an insurance policy covering "terrorism." He walked away with billions.”
The first sentence is true. The second and third sentences are not true at all.
I worked for one of the many reinsurers on the WTC policy. The policy did not cover “terrorism”. It wasn’t a ‘thing’ in the US at the time.
However, there is insurance law in 17/18 states called “fire following”. What this means is if the primary cause of a loss is not stated/covered in the policy but a fire ensues - then the resulting loss is covered.
60% of all losses on 9/11 would have been covered regardless of terrorism or not on the policy.
Silverstein DID NOT profit from the insurance policies. The policies were only written to cover ONE building worth $3.5B. No one ever thought he would have needed $7B in coverage - ever.
Silverstein had to continue paying the NY/NJ Port Authority for the leases (if he wanted to keep them) until the buildings were rebuilt. It was part of the agreement to insure their income stream.
Lastly, insurance policies are not lottery tickets. They are risk transfer vehicles to indemnify the insured. If he pocketed billions of dollars the insurance companies would know and he’d have been sued for insurance fraud.
Thank you for this clarification as I had read in many places the same details the 2nd Smartest Guy reports here about how Silverstein profited BIG time with his insurance policy. At least I can let half of the ill repute I have for Silverstein go.
With 9/11 one of my biggest questions is: What kind of weapon was used to turn the twin towers in to dust? It was NOT a controlled demolition. If it was a controlled demolition we would have seen 11 story piles of debris, and the bodies of all the people in the towers would have been recovered.
No weapon known or even theorized seems to work. Micronukes? Why did no one have radiation sickness afterwards, and why no radiation signatures? Directed energy weapons? Which kind: Microwave, laser, sonic, particle beam (which is only theoretical)?
We literally saw a 70 story "spire" (the steel core) of one of the buildings turn to dust in a few seconds after the rest of the building had fallen. What the hell does that?
In all honesty, I don’t think it was anything more than two very large planes, loaded with jet fuel that burned for over an hour that made the buildings collapse on itself.
The jet fuel took out the elevators in the South Tower. All that jet fuel went straight down to the ground floor and there were fireballs that came out of the elevators. I’m sure that helped speed up the building’s demise.
The North Tower had so much weight on it so high up with fire raging for an hour that lead to its demise.
These buildings were built with a ‘skin’ unlike other buildings I have insured. The trusses that held the floors together were comprised by lack of fire retardant because the sub-contractor wanted to save money.
Interesting note - the damaged stairway that was reinforced (with concrete) after the 1993 bombing stood after the building collapsed. Several firefighters were saved because of it and one civilian.
I know we want a different reason as to what happened, but that’s the best one I have. There wasn’t much concrete in the building to begin with.
I was part of providing insurance to the WTC rebuilding. I got to visit the new site during construction including Freedom Tower and the memorial museum. I can assure you that nothing like what happened on 9-11 will happen that way again to the Freedom Tower. The memorial museum is mostly underground. The concrete they used in the Freedom Tower is virtually indestructible. The building was built at a cost of $900/sqft - the most costly commercial builders risk I’ve ever insured. ❤️🇺🇸
I have to wonder (well, perhaps have to, is a little strong - but I do wonder) if when citizen journalists (as opposed to corporate journalists) report things - for instance, the kid who exposed the fraud in Minnesota, don't just stir up other bigger problems.
Monica and Clinton - countries got bombed
Obama & pizza gate - more countries got bombed
Waltz and fraud - civil war is tried to be fomented
Trump & the files - pretty sure WWIII is in the offing as we build up in the middle east.
The major problem, as I see it, is that the average person feels they can do nothing to change things. And when they do want to do something about it - we get stuff live Jan 6th and Minnesota.
Trump came right out and said, you shouldn't take guns to a protest - by definition the second amendment is exactly for that specific moment.
yes there are a lot of weapons in the US but not that many people actually know how to make ammunition for them. and the military has got weapons that a gun like the average citizen has would be useless against.
On a different point - when they started shipping people to the US with Ebola - all I could think of was omc (oh my cow) they are TRYING to get a pandemic started.
Now we are looking at all the things people have done and wondering why no one get arrested...it's reality tv folks and we are the ones wearing red suits
...and how many files did any other president release since Epstein has been known?
Stop bashing President Trump for not instantaneously repairing damage incurred for over a century of corrupt Deep State operations. Healing takes time.
I refer to the segment regarding DENTISTS and the ability under anesthesia for a patient to be violated...made me think of that Australian dentist David Nixon who has been doing research on the CONTENTS of dental analgesics and anesthetizers and found that the majority of them have mRNA and nano-particles in them that your everyday dentist has no idea about. In other words if you are having any dental work or had dental procedures done in the last 5 years, you have been vaxed without your consent. I'm sure I"m describing this poorly but if you want know more visit Nixon's substack and see for yourself davidnixon@substack.com
I was surprised to hear Lutnick knew of the buildings' fates, especially since he says he had a brother killed in the bombing. Would you let your own brother "go down with the ship?"
EDIT: This is update 9.
Pretty fair to say this world is unbelievably corrupt and sick.
The Tribe in particular owns this one.
Please, Jesus, come 🙏 soon...
🙏
I just wanted to set the record straight regarding:
“Larry Silverstein secured the lease for the WTC only weeks before the attack. He specifically negotiated an insurance policy covering "terrorism." He walked away with billions.”
The first sentence is true. The second and third sentences are not true at all.
I worked for one of the many reinsurers on the WTC policy. The policy did not cover “terrorism”. It wasn’t a ‘thing’ in the US at the time.
However, there is insurance law in 17/18 states called “fire following”. What this means is if the primary cause of a loss is not stated/covered in the policy but a fire ensues - then the resulting loss is covered.
60% of all losses on 9/11 would have been covered regardless of terrorism or not on the policy.
Silverstein DID NOT profit from the insurance policies. The policies were only written to cover ONE building worth $3.5B. No one ever thought he would have needed $7B in coverage - ever.
Silverstein had to continue paying the NY/NJ Port Authority for the leases (if he wanted to keep them) until the buildings were rebuilt. It was part of the agreement to insure their income stream.
Lastly, insurance policies are not lottery tickets. They are risk transfer vehicles to indemnify the insured. If he pocketed billions of dollars the insurance companies would know and he’d have been sued for insurance fraud.
Great explanation Randi !!
TMI,
Thank you. 🙂
Thank you for this clarification as I had read in many places the same details the 2nd Smartest Guy reports here about how Silverstein profited BIG time with his insurance policy. At least I can let half of the ill repute I have for Silverstein go.
The more awake I get, the more I hope for an asteroid.
With 9/11 one of my biggest questions is: What kind of weapon was used to turn the twin towers in to dust? It was NOT a controlled demolition. If it was a controlled demolition we would have seen 11 story piles of debris, and the bodies of all the people in the towers would have been recovered.
No weapon known or even theorized seems to work. Micronukes? Why did no one have radiation sickness afterwards, and why no radiation signatures? Directed energy weapons? Which kind: Microwave, laser, sonic, particle beam (which is only theoretical)?
We literally saw a 70 story "spire" (the steel core) of one of the buildings turn to dust in a few seconds after the rest of the building had fallen. What the hell does that?
SA,
In all honesty, I don’t think it was anything more than two very large planes, loaded with jet fuel that burned for over an hour that made the buildings collapse on itself.
The jet fuel took out the elevators in the South Tower. All that jet fuel went straight down to the ground floor and there were fireballs that came out of the elevators. I’m sure that helped speed up the building’s demise.
The North Tower had so much weight on it so high up with fire raging for an hour that lead to its demise.
These buildings were built with a ‘skin’ unlike other buildings I have insured. The trusses that held the floors together were comprised by lack of fire retardant because the sub-contractor wanted to save money.
Interesting note - the damaged stairway that was reinforced (with concrete) after the 1993 bombing stood after the building collapsed. Several firefighters were saved because of it and one civilian.
I know we want a different reason as to what happened, but that’s the best one I have. There wasn’t much concrete in the building to begin with.
I was part of providing insurance to the WTC rebuilding. I got to visit the new site during construction including Freedom Tower and the memorial museum. I can assure you that nothing like what happened on 9-11 will happen that way again to the Freedom Tower. The memorial museum is mostly underground. The concrete they used in the Freedom Tower is virtually indestructible. The building was built at a cost of $900/sqft - the most costly commercial builders risk I’ve ever insured. ❤️🇺🇸
C'mon now, Randi.
Look for Dr. Judy Wood's videos about dustification. They "were" on YT but have now disappeared. Perhaps now on Rumble? Bitchute?
I have to wonder (well, perhaps have to, is a little strong - but I do wonder) if when citizen journalists (as opposed to corporate journalists) report things - for instance, the kid who exposed the fraud in Minnesota, don't just stir up other bigger problems.
Monica and Clinton - countries got bombed
Obama & pizza gate - more countries got bombed
Waltz and fraud - civil war is tried to be fomented
Trump & the files - pretty sure WWIII is in the offing as we build up in the middle east.
The major problem, as I see it, is that the average person feels they can do nothing to change things. And when they do want to do something about it - we get stuff live Jan 6th and Minnesota.
Trump came right out and said, you shouldn't take guns to a protest - by definition the second amendment is exactly for that specific moment.
yes there are a lot of weapons in the US but not that many people actually know how to make ammunition for them. and the military has got weapons that a gun like the average citizen has would be useless against.
On a different point - when they started shipping people to the US with Ebola - all I could think of was omc (oh my cow) they are TRYING to get a pandemic started.
Now we are looking at all the things people have done and wondering why no one get arrested...it's reality tv folks and we are the ones wearing red suits
And they laughed when, years ago, we tinfoil hat folks claimed the world was run by a handful of people.
Hang them HIGH!!!!!!!!!!!!!!!!
And quick
So much here!!!!
Agreed! A lot to take in.
Thank you for connecting the dots.
...and how many files did any other president release since Epstein has been known?
Stop bashing President Trump for not instantaneously repairing damage incurred for over a century of corrupt Deep State operations. Healing takes time.
I refer to the segment regarding DENTISTS and the ability under anesthesia for a patient to be violated...made me think of that Australian dentist David Nixon who has been doing research on the CONTENTS of dental analgesics and anesthetizers and found that the majority of them have mRNA and nano-particles in them that your everyday dentist has no idea about. In other words if you are having any dental work or had dental procedures done in the last 5 years, you have been vaxed without your consent. I'm sure I"m describing this poorly but if you want know more visit Nixon's substack and see for yourself davidnixon@substack.com
I was surprised to hear Lutnick knew of the buildings' fates, especially since he says he had a brother killed in the bombing. Would you let your own brother "go down with the ship?"
Kent,
Lutnick was on 60 minutes back in 2001 - twice - after 9/11. I’m sure you can find the interviews.
The first one was heartbreaking. I’m sure his sentiments were not manufactured.
The second interview tells you all you need to know about him, but I’ll let you decide.
Stop bleating. Start biting. Or the slaughter will continue. Worse to come.
Criminal Syndicate
Too big to fail !!!
And we’re not talking about the banking system.