Posted 3:17 AM by Paul
The $3.6 billion Question

Was it one? Or was it two? At federal hearings over the coming weeks jurors will be asked to decide whether the terrorist attacks of September 11th constituted one attack or two. This is a major issue for the developers of the site. If the court rules that it was one attack the insurers will have to pay £3.6 billion. If they rule that it was two attacks, they will have to pay out $7.2billion. Problem is, all of the development programme is predicated on a $7billion investment. This case may run and run with appeal following appeal. Daniel Leibskinds insprirational entwined towers with sky gardens may never make it off the drawing board.

Poor old New York. America of our hopes and dreams. 3,000 people are murdered one morning and the city's faltering economy is gutted. The powers that be are bickering over the details. $3.6 billion is small change for the richest country on Earth. A handful of stealth bombers. The US Government should pay. Either that, or the developers will have to find the money from abroad... probably a Saudi bank.