Saturday, March 21, 2009

WTC now going for a piece of the pie(s)...

Mega-developer Larry Silverstein is going hat in hand to the Port Authority to help finance long-stalled projects at Ground Zero, according to a published report.

Under the plan, the agency would put up dough for one of the three office towers that Silverstein is developing at the site, which has languished in a series of costly delays since 9/11, possibly in exchange for a piece of the profits later on, according to the Wall Street Journal.
Larry Silverstein gets double his insurance coverage paid to him by nine of the twenty some carriers involved ($2.2 Billion instead of $1.1 Billion)...and the cretin is still trying to get a piece of the bail out(s).

Gosh...I wonder where all those stereotypes come from.