The Big Dog
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- Joined
- Jul 26, 2007
- Messages
- 29,742
Loose Change continues to lead to the lulz. Financial wiz kid Andre asks “How much did Blackstone profit from WTC7?” Then manages to completely confuse Blackstone (the lender) with Silverstein (the borrower), but the Stundie is here:
“Note: $861 million insurance settlement - $383 million debt on WTC 7 = $478 million dollar profit!”
Hmmmm, now what might be missing from this calculation? Oh yeah, a 47 story skyscraper that cost $700 million to rebuild.
http://s1.zetaboards.com/LooseChangeForums/topic/1385459/1/
“Note: $861 million insurance settlement - $383 million debt on WTC 7 = $478 million dollar profit!”
Hmmmm, now what might be missing from this calculation? Oh yeah, a 47 story skyscraper that cost $700 million to rebuild.
http://s1.zetaboards.com/LooseChangeForums/topic/1385459/1/