Insurer Caps WTC-Demolition Asbestos Payout at 10 Million

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Silverstein laughs all the way to the bank

 

by Kevin Barrett

 

In today’s news, American Home Assurance has announced that it is capping payouts for WTC-demolition asbestos claims at a measly $10 million.

The announcement underlines just how much cheaper it is to demolish asbestos-laden skyscrapers without a permit, than to follow legal procedures.

Larry Silverstein, a reputed illicit-sex-industry mobster, purchased the World Trade Center in 2001, shortly after the New York Port Authority lost an asbestos lawsuit and was ordered to remove all asbestos from the Twin Towers.  Cost estimates for that asbestos removal ranged from the low billions to the tens of billions – far more than the outdated, half-empty buildings were worth. (The City of New York had been desperately seeking a way to demolish the Towers since around 1990, but was prevented from doing so by asbestos issues.)

Silverstein would have gone bankrupt within a few years at most had the Towers not been illegally demolished on September 11th, 2001. Thanks to that illegal demolition, Silverstein – who had doubled the WTC’s terrorism insurance and changed it to cash payout when he finalized his purchase in July, 2001 – walked off with a 5 billion dollar cash return on his 100 million dollar investment. When last sighted, Silverstein was back in court asking for another 11 billion dollars from airline insurers.

Silverstein is notorious for confessing on national television to the illegal demolition of World Trade Center Building 7.

During a recent interview  the Kevin Barrett show, former intelligence community insider and  current Veterans Today Editor Gordon Duff stated that the crimes of 9/11 were conceived in New York City, by people linked to organized crime and the Israeli Mossad, as an illegal demolition project, and subsequently sold to corrupt elements of the Bush Administration, the intelligence community, and the military (especially the Armageddonite wing of the US Air Force). Duff added that many of those with direct knowledge of the crimes have come forward, and suggested that non-complicit insiders are working to bring the perpetrators to justice by any available means.





Author Details
Read Dr. Barrett’s Latest Posts Here >>>

Dr. Kevin Barrett, a Ph.D. Arabist-Islamologist, is one of America’s best-known critics of the War on Terror.

He is host of TRUTH JIHAD RADIO; a hard driving weekly radio show funded by listener donations at Patreon.com and FALSE FLAG WEEKLY NEWS (FFWN); a audio-video show produced by Tony Hall, Allan Reese, and Kevin himself. FFWN is funded through FundRazr.

He also has appeared many times on Fox, CNN, PBS and other broadcast outlets, and has inspired feature stories and op-eds in the New York Times, the Christian Science Monitor, the Chicago Tribune, and other leading publications.

Dr. Barrett has taught at colleges and universities in San Francisco, Paris, and Wisconsin; where he ran for Congress in 2008. He currently works as a nonprofit organizer, author, and talk radio host.

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