HOW DO YOU CUT YOUR LOSSES AND RUN PROFITABLY? “The idea for - TopicsExpress



          

HOW DO YOU CUT YOUR LOSSES AND RUN PROFITABLY? “The idea for a World Trade Center came from David Rockefeller, the brother of New York Gov. Nelson Rockefeller. The governor asked the Port Authority, with its enormous borrowing power, to take on the project. The private sector wouldn’t touch it because it was expected to lose money. And it did, for years after it was built.” In fact, the World Trade Center in general, and the Twin Towers in particular, lost spectacular and ever-larger sums of money throughout their lifetimes, just as everyone knew they would. By 2001, the Twin Towers were largely empty due to their antiquated communications infrastructure. They were loathed by New Yorkers as twin eyesores, and condemned for asbestos since the mid-1990s. The Port Authority had been seeking a way to demolish the Towers for years. Then in July 2001, Port Authority director Lewis Eisenberg sold the World Trade Center to a reputed organized crime figure (and confirmed close friend of Israeli Prime Minister Netanyahu) named Larry Silverstein for a little over $100 million. Eisenberg and Silverstein are both Zionist extremists. In 2001, they were two of the biggest money-men for the Republican Party.
Posted on: Fri, 08 Aug 2014 20:20:53 +0000

Trending Topics



Recently Viewed Topics




© 2015