[ Nomi - e, in qualche caso, cognomi - di ditte ed individui coinvolti
nei trasferimenti proprietari e negli assetti assicurativi del World
Trade Center alla vigilia dell'attacco terroristico dell'11
Settembre... ]
www.globalresearch.ca
Centre for Research on Globalisation
Centre de recherche sur la mondialisation
GLOBAL RESEARCH (CANADA) : FEATURE ARTICLE
13 March 2004
FINANCIAL BONANZA BEHIND THE 9/11 TRAGEDY
WHO ARE THE FINANCIAL ACTORS BEHIND THE WTC?
by Michel Chossudovsky
www.globalresearch.ca 12 March 2004
The URL of this article is:
http://globalresearch.ca/articles/CHO403B.html
On October 17, 2000, eleven months before 9/11, Blackstone Real Estate
Advisors, of The Blackstone Group, L.P, purchased, from Teachers
Insurance and Annuity Association, the participating mortgage secured
by World Trade Center, Building 7.1
April 26, 2001 the Port Authority leased the WTC for 99 years to
Silverstein Properties and Westfield America Inc. The transaction was
authorized by Port Authority Chairman Lewis M. Eisenberg.
This transfer from the New York and New Jersey Port Authority was
tantamount to the privatization of the WTC Complex. The official press
release described it as "the richest real estate prize in New York City
history". The retail space underneath the complex was leased to
Westfield America Inc.2
On 24 July 2001, 6 weeks prior to 9/11 Silverstein took control of the
lease of the WTC following the Port Authority decision on April 26.
Silverstein and Frank Lowy, CEO of Westefield Inc. took control of the
10.6 million-square-foot WTC complex. "Lowy leased the shopping
concourse called the Mall at the WTC, which comprised about 427,000
square feet of retail space."3
Explicitly included in the agreement was that Silverstein and Westfield
"were given the right to rebuild the structures if they were
destroyed". 4
In this transaction, Silverstein signed a rental contract for the WTC
over 99 years amounting to 3,2 billion dollars in installments to be
made to the Port Authority: 800 million covered fees including a down
payment of the order of 100 million dollars. Of this amount,
Silverstein put in 14 million dollars of his own money. The annual
payment on the lease was of the order of 115 million dollars.5
In the wake of the WTC attacks, Silverstein is suing for some $7.1
billion in insurance money, double the amount of the value of the 99
year lease.6
Silverstein Properties Inc. is a Manhattan-based real estate
development and investment firm that owns, manages, and has developed
more than 20 million square feet of office, residential and retail
space.
Westfield America, Inc. is controlled by the Australian based Lowy
family with major interests in shopping centres. The CEO of Westfield
is Australian businessman Frank Lowy.
The Blackstone Group, a private investment bank with offices in New
York and London, was founded in 1985 by its Chairman, Peter G.
Peterson, and its President and CEO, Stephen A. Schwarzman.
In addition to its Real Estate activities, the Blackstone Group's core
businesses include Mergers and Acquisitions Advisory, Restructuring and
Reorganization Advisory, Private Equity Investing, Private Mezzanine
Investing, and Liquid Alternative Asset Investing.7
Blackstone chairman Peter G. Petersen is also Chairman of the Federal
Reserve Bank of New York and Chairman of the board of the Council on
Foreign Relations (CFR). His partner Stephen A. Schwarzman is also a
member of the Council on Foreign Relations (CFR). Peter G. Petersen is
also named in widow Ellen Mariani’s widow civil RICO suit filed
against. George W. Bush, et al.
Kissinger McLarty Associates, which is Henry Kissinger’s consulting
firm has a "strategic alliance" with the Blackstone Group "which is
designed to help provide financial advisory services to corporations
seeking high-level strategic advice." (www.blackstone.com) .
* * *
For details on the insurance claims pertaining to the WTC, see Centre
for Research on Globalization, The WTC Towers Collapse: an Enormous
Insurance Scam (selected articles),
http://www.globalresearch.ca/articles/WTC312A.html , 19 December 2003
NOTES
1 Business Wire, 17 October 2000
2. See Paul Goldberger in The New Yorker, May 20, 2002.
3 C. Bollyn, "Did Rupert Murdoch Have Prior Knowledge of 9/11?" Centre
for Research on Globalization, globalresearch.ca, 20 October 2003.
4. Goldberger, op cit
5, Associated Press, 22 November 2003. See also Die Welt, Berlin, Oct
11, 2001.
6. Alison Frankel, The American Lawyer, Sept 3 2002
7 Business Wire, op cit
* * *
Michel Chossudovsky is the author of WAR AND GLOBALISATION, THE TRUTH
BEHIND SEPTEMBER 11, Global Outlook, 2002,
for details click: http://globalresearch.ca/globaloutlook/truth911.html
The URL of this article is:
http://globalresearch.ca/articles/CHO403B.html
This article was published in Issue 7 of Global Outlook, Spring 2004.
http://globalresearch.ca/globaloutlook/GOISSUE7.html
The Centre for Research on Globalization (CRG) at www.globalresearch.ca
grants permission to cross-post original Global Research (Canada)
articles in their entirety, or any portions thereof, on community
internet sites, as long as the text and title of the article are not
modified. The source must be acknowledged as follows: Centre for
Research on Globalization (CRG) at www.globalresearch.ca. The active
URL hyperlink address of the original Global Research (Canada) article
must be used for postings and the author's copyright must be displayed.
For publication of Global Research articles in print or other forms
including commercial internet sites, contact: editor@....
© Copyright M CHOSSUDOVSKY 2004.
nei trasferimenti proprietari e negli assetti assicurativi del World
Trade Center alla vigilia dell'attacco terroristico dell'11
Settembre... ]
www.globalresearch.ca
Centre for Research on Globalisation
Centre de recherche sur la mondialisation
GLOBAL RESEARCH (CANADA) : FEATURE ARTICLE
13 March 2004
FINANCIAL BONANZA BEHIND THE 9/11 TRAGEDY
WHO ARE THE FINANCIAL ACTORS BEHIND THE WTC?
by Michel Chossudovsky
www.globalresearch.ca 12 March 2004
The URL of this article is:
http://globalresearch.ca/articles/CHO403B.html
On October 17, 2000, eleven months before 9/11, Blackstone Real Estate
Advisors, of The Blackstone Group, L.P, purchased, from Teachers
Insurance and Annuity Association, the participating mortgage secured
by World Trade Center, Building 7.1
April 26, 2001 the Port Authority leased the WTC for 99 years to
Silverstein Properties and Westfield America Inc. The transaction was
authorized by Port Authority Chairman Lewis M. Eisenberg.
This transfer from the New York and New Jersey Port Authority was
tantamount to the privatization of the WTC Complex. The official press
release described it as "the richest real estate prize in New York City
history". The retail space underneath the complex was leased to
Westfield America Inc.2
On 24 July 2001, 6 weeks prior to 9/11 Silverstein took control of the
lease of the WTC following the Port Authority decision on April 26.
Silverstein and Frank Lowy, CEO of Westefield Inc. took control of the
10.6 million-square-foot WTC complex. "Lowy leased the shopping
concourse called the Mall at the WTC, which comprised about 427,000
square feet of retail space."3
Explicitly included in the agreement was that Silverstein and Westfield
"were given the right to rebuild the structures if they were
destroyed". 4
In this transaction, Silverstein signed a rental contract for the WTC
over 99 years amounting to 3,2 billion dollars in installments to be
made to the Port Authority: 800 million covered fees including a down
payment of the order of 100 million dollars. Of this amount,
Silverstein put in 14 million dollars of his own money. The annual
payment on the lease was of the order of 115 million dollars.5
In the wake of the WTC attacks, Silverstein is suing for some $7.1
billion in insurance money, double the amount of the value of the 99
year lease.6
Silverstein Properties Inc. is a Manhattan-based real estate
development and investment firm that owns, manages, and has developed
more than 20 million square feet of office, residential and retail
space.
Westfield America, Inc. is controlled by the Australian based Lowy
family with major interests in shopping centres. The CEO of Westfield
is Australian businessman Frank Lowy.
The Blackstone Group, a private investment bank with offices in New
York and London, was founded in 1985 by its Chairman, Peter G.
Peterson, and its President and CEO, Stephen A. Schwarzman.
In addition to its Real Estate activities, the Blackstone Group's core
businesses include Mergers and Acquisitions Advisory, Restructuring and
Reorganization Advisory, Private Equity Investing, Private Mezzanine
Investing, and Liquid Alternative Asset Investing.7
Blackstone chairman Peter G. Petersen is also Chairman of the Federal
Reserve Bank of New York and Chairman of the board of the Council on
Foreign Relations (CFR). His partner Stephen A. Schwarzman is also a
member of the Council on Foreign Relations (CFR). Peter G. Petersen is
also named in widow Ellen Mariani’s widow civil RICO suit filed
against. George W. Bush, et al.
Kissinger McLarty Associates, which is Henry Kissinger’s consulting
firm has a "strategic alliance" with the Blackstone Group "which is
designed to help provide financial advisory services to corporations
seeking high-level strategic advice." (www.blackstone.com) .
* * *
For details on the insurance claims pertaining to the WTC, see Centre
for Research on Globalization, The WTC Towers Collapse: an Enormous
Insurance Scam (selected articles),
http://www.globalresearch.ca/articles/WTC312A.html , 19 December 2003
NOTES
1 Business Wire, 17 October 2000
2. See Paul Goldberger in The New Yorker, May 20, 2002.
3 C. Bollyn, "Did Rupert Murdoch Have Prior Knowledge of 9/11?" Centre
for Research on Globalization, globalresearch.ca, 20 October 2003.
4. Goldberger, op cit
5, Associated Press, 22 November 2003. See also Die Welt, Berlin, Oct
11, 2001.
6. Alison Frankel, The American Lawyer, Sept 3 2002
7 Business Wire, op cit
* * *
Michel Chossudovsky is the author of WAR AND GLOBALISATION, THE TRUTH
BEHIND SEPTEMBER 11, Global Outlook, 2002,
for details click: http://globalresearch.ca/globaloutlook/truth911.html
The URL of this article is:
http://globalresearch.ca/articles/CHO403B.html
This article was published in Issue 7 of Global Outlook, Spring 2004.
http://globalresearch.ca/globaloutlook/GOISSUE7.html
The Centre for Research on Globalization (CRG) at www.globalresearch.ca
grants permission to cross-post original Global Research (Canada)
articles in their entirety, or any portions thereof, on community
internet sites, as long as the text and title of the article are not
modified. The source must be acknowledged as follows: Centre for
Research on Globalization (CRG) at www.globalresearch.ca. The active
URL hyperlink address of the original Global Research (Canada) article
must be used for postings and the author's copyright must be displayed.
For publication of Global Research articles in print or other forms
including commercial internet sites, contact: editor@....
© Copyright M CHOSSUDOVSKY 2004.