yer right on this one fact - the insurance policy was newer than I wrote. I misread a wikipedia entry.
It is a minor point tho - I can't think of a way it changes anything whether the policy was a year old or a a few months.
the place had already been bombed - he'd have to be an idiot not to insure it. And if he had preknowledge, why wouldn't he insure it for full value?
It's been repeatedly reported that Larry Silverstein had insured the Twin Towers a year earlier, and it is more than "co-incidental" that this insurance covered terrorist attacks. Further, Silverstein had numerous legal disputes that aimed to increase the payout by arguing that there were two separate attacks. To a first approximation, this was successful and Silverstein managed to claim approximately $4.6 billion.
Rebuttal: What conspiracy theorists don't mention about this is that the total cost of the towers was significantly in excess of this — the insurance value was way below what it should have been. Most of the legal wrangling after the fact was also due to the insurance contracts being incomplete. The total cost of the attack would be in the region of $7 billion or more, leaving a considerable cost once the relatively measly insurance payout was claimed. With too low an insurance value and less-than-solid contracts, literally none of the insurance-based activities seem to point to the actions of people who knew exactly what was going to happen in advance. If it was an insurance scam, it was the worst ever.[3]
It should also be noted that the World Trade Center had already been bombed once before in 1993, and that several major terror plots against U.S. landmarks had been uncovered since then. In light of this, an anti-terrorism insurance policy would appear to be an entirely logical purchase.
http://rationalwiki.org/wiki/9-11_conspiracy_theories