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nov 1, 2001 - Up in Smoke. "Six weeks before the terrorist attack in New York, Larry Silverstein leased the Twin Towers for 99 years, paying $3 billion. Their collapse was also the collapse of the deal of his life, and since then, he has been trying to put the pieces back together in the face of fierce public criticism, some of it anti-Semitic. His business dealings in Israel haven't given him much satisfaction either" Haaretz.com 2001, Nov 1

Description:

Silverstein insured the towers for a $3.5 billion against any claim. He maintains that the towers were hit in two separate incidents, and therefore expects to receive compensation of $7 billion. The insurance companies maintain that there was only one event and are ready to pay only $3.5 billion.

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Date:

nov 1, 2001
Now
~ 23 years ago