Larry Silverstein benefitted financially, but there appears to be a bigger story.
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"In February of 2002 Silverstein Properties won $861 million from Industrial Risk Insurers to rebuild on the site of WTC 7. Silverstein Properties' estimated investment in WTC 7 was $386 million. So: This building's collapse resulted in a profit of about $500 million."
<snip>
"A Parable""To put these events in perspective, imagine that a person leases an expensive house, and immediately takes out an insurance policy covering the entire value of the house and specifically covering bomb attacks. Six weeks later two bombs go off in the house, separated by an hour. The house burns down, and the lessor immediately sues the insurance company to pay him twice the value of the house, and ultimately wins. The leasor also gets the city to dispose of the wreckage, excavate the site, and help him build a new house on the site."
http://911research.wtc7.net/wtc/background/owners.html------------
Excerpt from Paul Thompson's Complete 911 Timeline:What's curious, especially given all the Wall Street scandals later in the year, is that Building 7 was where the SEC was storing files related to numerous Wall Street investigations. All the files for approximately 3,000 to 4,000 SEC cases were destroyed. Some were backed up in other places, but many were not, especially those classified as confidential.
Lost files include documents that could show the relationship between Citigroup and the WorldCom bankruptcy. The Equal Employment Opportunity Commission estimates over 10,000 cases will be affected. The Secret Service also lost investigative files. Says one agent: "All the evidence that we stored at 7 World Trade, in all our cases, went down with the building." It is also eventually revealed that there was a secret CIA office in Building 7. A few days later, the head of the WTC collapse investigation says he "would possibly consider examining" the collapse of Building 7, but all the rubble has already been removed and destroyed. http://www.cooperativeresearch.org/
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WTC 7 Floor Numbers and Major Tenants
46-47 Mechanical floors
28-45 Salomon Smith Barney (SSB)
26-27 Standard Chartered Bank
25 Internal Revenue Service (IRS)
25 Department of Defense (DOD)
25 Central Intelligence Agency (CIA)
24 Inland Revenue Service (IRS)
23 Office of Emergency Management (OEM)
22 Federal Home Loan Bank of New York
21 First State Management Group
19-21 ITT Hartford Insurance Group
19 National Association of Insurance Commissioners (NAIC)
18 Equal Opportunity Commission (EEOC)
14-17 Vacant
13 Provident Financial Management
11-13 Securities and Exchange Commission (SEC)
9-10 US Secret Service
7-8 American Express Bank International
7 OEM generators and day tank
6 Switchgear, storage
5 Switchgear, generators, transformers
4 Upper level of 3rd floor, switchgear
3 Lobby, SSB Conference Center, rentable space, manage
2 Open to first floor lobby, transformer vault upper level, upper level switchgear
1 Lobby, loading docks, existing Con Ed transformer vaults, fuel storage, lower level switchgear
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