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Some people can't handle the truth
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2022-02-17 at 1:49 AM UTC
Originally posted by Speedy Parker You should make a thread about his luck.
Larry Silverstein was just so lucky that before the purchase contract of Building 1 and 2 at the World Trade Center, he chose to purchase only 3 months worth of Protection in the event a terrorist attack, hurricane, etc destroyed the properties he was purchasing
as they put it, he bought 1 million insurance x 25 different insurance companies making 25 million dollars in coverage. his insurance contract was going to end in September (the 15th I believe) before the "Ink was even dried" on the purchase.
He knew exactly how much to purchase that took about 3 months to close (most homes close with in 30-45 days.. Im guessing Commercial takes longer)
His purchase from the previous owners (Which I believe President Donald Trump was part owner) in the month of June 2001
his purchase finalized around the first of September? maybe just after that. but before 9/11
what is 25mil going into 5.5 Billion? what is his return value? 25 divided by 5500? nice return.
and the thing is I believe it wasn't an actual purchase but a 99 year lease. from the New Jersey/New York Port Authority?
fucker made bank. 220 times that he invested in was his returns.
plus whatever his down was. he still made bank. and he's still suing for more. -
2022-02-17 at 1:51 AM UTCAlso its strange. I recall talking to someone in commercial real estate that said Larry never had to purchase Insurance because on commercial (and houses I believe) in most states you don't pay the mortgage insurance. the Seller usually has to do this and that mortgage ends like 30 days after purchase. its done to protect people in case they find problems in the building and they have a certain amount of time to have it prepared. like a leaky roof. I think some carry an Entire year of protection.
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2022-02-17 at 2:03 AM UTC
Originally posted by Quick Mix Ready Larry Silverstein was just so lucky that before the purchase contract of Building 1 and 2 at the World Trade Center, he chose to purchase only 3 months worth of Protection in the event a terrorist attack, hurricane, etc destroyed the properties he was purchasing
as they put it, he bought 1 million insurance x 25 different insurance companies making 25 million dollars in coverage. his insurance contract was going to end in September (the 15th I believe) before the "Ink was even dried" on the purchase.
He knew exactly how much to purchase that took about 3 months to close (most homes close with in 30-45 days.. Im guessing Commercial takes longer)
His purchase from the previous owners (Which I believe President Donald Trump was part owner) in the month of June 2001
his purchase finalized around the first of September? maybe just after that. but before 9/11
what is 25mil going into 5.5 Billion? what is his return value? 25 divided by 5500? nice return.
and the thing is I believe it wasn't an actual purchase but a 99 year lease. from the New Jersey/New York Port Authority?
fucker made bank. 220 times that he invested in was his returns.
plus whatever his down was. he still made bank. and he's still suing for more.
Interesting. You should make a thread all about that. -
2022-02-17 at 3:05 AM UTC
Originally posted by Speedy Parker Interesting. You should make a thread all about that.
We all know it was an ad-hoc war. pre-design to appease both Saudi Arabia and State of Israel and keeping Saddam Husain from advancing in nukes which it threatened both Saudi and SoI
which is weird because Saudi should be an axis for SoI you would think. but they found a common enemy and very likely Iran is next.
of course, they delt with Afghanistan for 2 years before their primary goal.
I know it's an unpopular thing to accuse the Sauds because they supply us with fuel (or a big portion) so we didn't punish them for writing checks to fund the accused attackers of 9/11
i mean WTF?? -
2022-02-17 at 4:07 AM UTC911 was already in the plan books to start a war with Columbia but then we merked Pablo Escobar and we just took the plan and made it for Afghanistan.
It's like biden always says, "make Afghanistan taliban again!"The following users say it would be alright if the author of this post didn't die in a fire! -
2022-02-17 at 5:07 AM UTC
Originally posted by Quick Mix Ready Larry Silverstein was just so lucky that before the purchase contract of Building 1 and 2 at the World Trade Center, he chose to purchase only 3 months worth of Protection in the event a terrorist attack, hurricane, etc destroyed the properties he was purchasing
as they put it, he bought 1 million insurance x 25 different insurance companies making 25 million dollars in coverage. his insurance contract was going to end in September (the 15th I believe) before the "Ink was even dried" on the purchase.
you incorrectly use the phrase ink was even dried. Before the ink dried means something that happens right away, you know like while it's still wet, when his insurance was going to end on the 15th because he's had it for x-term and then the 9/11 attacks happened im pretty sure the inks been dry dude. -
2022-02-17 at 5:30 AM UTC
Originally posted by Bradley you incorrectly use the phrase ink was even dried. Before the ink dried means something that happens right away, you know like while it's still wet, when his insurance was going to end on the 15th because he's had it for x-term and then the 9/11 attacks happened im pretty sure the inks been dry dude.
Stop trying to simplify it. I said what was said. The Ink wasn't dried. Before the Ink had a chance to dry" . It's more than a catchphrase its fact. as he was signing the docts the contracts existed for several months. in a sense, he didn't sign everything at a title company like homeowners do. He had to sign shitloads of documents over the course of months, but he never had to legally purchase insurance. it was covered in Title Escrow Insurance. what he did was like putting a "Put Option" or a bet thaT SOMETHING WAS GOING TO HAPPEN. INCLUDING A TERRORIST ATTACK.
GET IT? HE KNEW IN ADVANCE IT SEEMS. -
2022-02-17 at 5:33 AM UTCyea thanks for explaining that.
How come nobody has whistleblown on their death bed with the 4,000 americans dead weighin at their conscious
or told their family
or something -
2022-02-17 at 6:13 AM UTC
Originally posted by Quick Mix Ready or a bet thaT SOMETHING WAS GOING TO HAPPEN. INCLUDING A TERRORIST ATTACK.
GET IT? HE KNEW IN ADVANCE IT SEEMS.
Insurance is a bet that something is going to happen you idiot. Does that make you lucky like him when collect a check from an auto insurance adjuster.
