JPMorgan to build bank tower at 9/11 site

Last night I saw Richard Gage's presentation on Google Video about the collapse of the WTC. It was the first time I heard that insurance companies covering buildings were able to hike up their premiums by 2000% after 9/11. No wonder they don't want to tangle with Larry Silverstein. Each and every one of them has everything to gain by remaining quiet and everything to lose through infighting.


Thursday, 14 June 2007

JPMorgan to build bank tower at 9/11 site

JPMorgan Chase & Co plans to move its investment bank to a new tower at the office complex to be built on the "Ground Zero" World Trade Center site, a source familiar with the situation has said.

The Port Authority of New York and New Jersey, the government agency that controls the site, said in April that it was negotiating with the No. 3 US banking group about building an office tower just south of the complex that was destroyed on September 11, 2001.

New York State Governor Eliot Spitzer alerted reporters in an advisory that he was holding a news conference on Thursday about a "major economic development announcement."