Building 7 Profits
Building 7's Insurance Beneficiaries
February 2002: Industrial Risk Insurers (a subsidiary of General Electric) pays $861 million to insurance-holders:
Building 7's mortgage holders:
the Blackstone Group
General Motors Acceptance Corporation
Banc of America Securities
Insurance-holders investment prior to attack: $386 million.
Net profit: $861 million - $386 million = $475 million.