Universal Love TRTT Part 8: Random thoughts also sack Hinkley

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So I did the Bigfooty pilgrimage to a certain fish n chip shop in Semaphore.

Alas Macca19 is either on holidays, or in Yatala.

oh booooooo. Tuesdays my day off.

It seems everyone comes and sees me on Tuesday lol! Hope you got a good feed
 
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(Maybe the Oak people should have been more insistent)
 

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Surely tequila alone is a big enough blow to the head?!

Leaving this one to visiting English football supporters.

Greetings from a bar in Hvar ;)

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On iPhone using recycled electrons, via BigFooty.com mobile app
 

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At 0:48 bloke says he will buy his missus a “new set of knockers” or get a new missus if he wins Powerball

 
Sorta urgent: the field length of Adelaide Oval is 167ish m. But what's the barrier-barrier length? (I.e. the barriers behind the goals)
 
More interesting is the fact that the World Trade Centre was privatised just weeks before 9/11 and the guy who they sold it to (who only had to cough up $15m of actual money since he put in a lease-ownership bid over 31 years) took out insurance for terrorist attack. Then the original insurance agency (AIG) then quickly passed on the policy to Lloyds Syndicate, Wurtembergische, Federal Insurance, Employers Insurance of Wausau, Great Lakes Reinsurance, QBE International Insurance Ltd., Lexington Insurance Company, Copenhagen Reinsurance and Houston Casualty.

"Larry Silverstein signed the lease just six weeks before the WTC's twin towers were brought to the ground by terrorists in the September 11, 2001, attacks.

Silverstein contended that the two jetliners crashing into the twin towers about 15 minutes apart should be considered two separate events, which would allow him to collect the maximum from the insurers for each tower, as much as $7 billion."

He ended up getting $4.577b.

300% increase in 6 weeks.

But here's where it gets interesting - the other partner with Silverstein in the WTC bid was none other than Westfield America - Frank Lowy and co.

Guess what's now in the new World Trade Centre?

"Westfield World Trade Center is a shopping center at the World Trade Center complex in Manhattan, New York, that is operated and managed by Unibail-Rodamco-Westfield. The mall opened on August 16, 2016 as the largest shopping complex in Manhattan, with 125 retail spaces. It replaces the Mall at the World Trade Center, the underground shopping mall under the original World Trade Center, which was destroyed on September 11, 2001."

"The design we have developed with the Port Authority calls for not only rebuilding the retail space that was lost on 9/11, but going above and beyond what was there before. We want to create a real destination for visitors and shoppers, a center that will share many of the attributes of the city's great retail hubs."

"In February 2012, Westfield Corporation entered an agreement with the Port Authority, which owns the rest of the World Trade Center site, to jointly own and manage the mall. At the same time, Westfield began marketing space in the mall and opened a leasing office in 7 World Trade Center. In December 2013, the Port Authority sold its remaining stake in the retail development to Westfield. This also brings retail at the World Trade Center to Westfield's complete control. The mall was 80% leased as of June 2014. The mall's 125 retail spaces were fully leased by October 2015."

So...these guys take $15m to purchase a property, bump up the insurance on it, it gets destroyed six weeks later in the very act they bumped up the insurance for...and then out of the rubble, they increase the commercial retail area of the site so Westfield can get a better return on their investment...while the other party (Silverstein) pockets $4.577b.

******* unbelievable.
 
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