Bank of America had offices in WTC1 on 9/11 and survived 2 casualties out of 400 employees

[seemslikeadream]

http://demopedia.democraticunderground.com/index.php/Bank_of_America


Bank of America based in Charlotte, North Carolina, is the second largest commercial bank in the United States, measured in assets, and the third-largest company in the world by the 2006 Forbes Global 2000. The Bank traces its roots back to the Bank of Massachusetts, founded in 1784, making it the second-oldest bank in the United States. <1> (http://en.wikipedia.org/wiki/Bank_of_America)

Bank of America (http://story.news.yahoo.com/news?tmpl=story&ncid=716&e=6&u=/ap/20031027/ap_on_bi_ge/bank_of_america_fleet)

Table of contents
1 9/11

2 BCCI

2.1 From the Forbidden Truth


3 Enron

4 See also

5 External links

9/11
Bank of America had offices in WTC1 on 9/11 and survived 2 casualties out of 400 employees which is not much considering that they had offices as high up as the 80th floor. Bank of America was also one of the inside traders on 9/11. There are also $383-million in securities related to a Bank of America Corp. loan involving World Trade Center 7. <3> (http://www.theglobeandmail.com/special/attack/pages/marketreaction_article28.html)

BCCI
BCCI's founder, Agha Hasan Abedi, started the bank in Pakistan in 1972. Abedi had previously set up the United Bank of Pakistan in 1959. Following the nationalization of United Bank in 1971 he sought to create a new supranational banking entity. BCCI was created with capital from Sheikh Zayed bin Sultan Al Nahayan, emir of Abu Dhabi in the United Arab Emirates, the Bank of America (25%) and, allegedly, the CIA. It is claimed that the CIA were seeking a funding route for the Afghan Mujahideen, similar to the Investors Overseas Service and the Nugan Hand Bank in the 1970s. However, the vast majority of BCCI's assets were initially from Abu Dhabi. <4> (http://en.wikipedia.org/wiki/Bank_of_Credit_and_Commerce_International)

The Bank of America became a shareholder alongside Sheikh Zayed bin Sultan al-Nahayan; Kamal Adham, Saudi Arabia's former head of intelligence; and Faisal Al-Fulaij, president of Kuwait Airways; as well as rulers from the different emirates that make up the United Arab Emirates. <5> (http://www.the-catbird-seat.net/BinLaden.htm)

From the Forbidden Truth
From the Forbidden Truth
U.S. Taliban Secret Oil Diplomacy and the Failed Hunt for Bin Laden

By Jean-Charles Brisard & Guillaume Dasqauié

Investcorp Investment Holdings Corp., is registered in the Cayman Islands, and its main subsidiary overseeing international activities, Investcorp SA, is registered in Luxembourg.

Inspired by the movement toward autonomy and the financial emancipation of the Persian Gulf after the first oil crisis - especially in view of large Western financial institutions - Investcorp was established on similar principles to those that led to the creation of the BCCI in 1972. Though the two entities are not in the same industries - the BCCI is a banking institution, while Investcorp is meant to be an investment company - they were both created with the joint support of the Emirate authorities, Saudi investors, and Western banks (Bank of America in the case of the BCCI, and Chase Manhattan in the case of Investcorp)

(...)

Five of Bank of America's senior officers were either on BCCI's board of directors or helped to manage Abedi's bank. For the nest decade the two banks would move billions of dollars a week through each other's international offices, and the Bank of America would be an invaluable, if hidden, ally, since it would continue to accept BCCI's letter-of-credit business after virtually no other Western bank would touch it. Indeed, it could be argued that Bank of America became the single most important financial institution helping BCCI stay afloat.

In the United States alone, Bank of America transferred more than $1 billion a day for BCCI until the moment of BCCI's global seizure in July 1991.

(...)

Just how far BCCI had veered from prudent banking practices was glaringly obvious as far back as 1978. That year the Office of the Comptroller of the Currency (OCC), the largest U.S. regulator of banks, had run its own audit on BCCI, part of a larger audit of Bank of America, which then held 30 percent of BCCI's shares.

(...)

Thus Bank of America acted as a sort of global vacuum cleaner, sucking up many BCCI branch deposits and thereby providing the fuel Abedi needed to keep his Ponzi scheme alive.

http://www.the-catbird-seat.net/BCCI.htm

Enron
Bank of America was one of several banks linked to the fraudulent activities committed by Enron. In 2004, they settled a class action lawsuit brought on by Enron investors, for $69m. The suit specifically claimed that Bank of America had "actively engaged and participated in the fraudulent scheme" and "furthered Enron's fraudulent course of conduct and business in several ways".

Under the settlement, the bank denies that it violated any law and explains that it settled the matter solely to eliminate the uncertainties, expense and distraction of further protracted litigation. <6> (http://en.wikipedia.org/wiki/Bank_of_America#Enron_scandal)

[SidDithers]

1. And your point is?....

Do you have a theory that comes from your research? An opinion of what it all means? Take a position, make a stand.

Sid

[seemslikeadream]

4. It was not my reasearch

if you had checked the link I provided you would know that and please don't order me to do anything.

[SidDithers]

5. So, what's the point of posting it then?...

if it's not yours, and you have no opinion of it, and it doesn't mean anything.

Sid

[seemslikeadream]

6. of course not to you

I've posted many many articles at DU that were not mine and so have quite a few other people. I believe that's why a link is provided

[SidDithers]

7. Most will post their opinion of the article...

or at least a comment of their own, explaining why they posted.

:shrug:

Sid

[JackRiddler]

2. Sorry, your suggestive headline is simply wrong.

WTC TENANTS
http://www.cnn.com/SPECIALS/2001/trade.center/tenants1.html

(Chart shows name, sq. ft., type and FLOORS)

(...)

Bank of America 132,586 Financial Institutions 9-11,81

9-11 are very low floors. Floor 81 is still below the impact zone. The death of "only" four Bank of America employees (how many would satisfy you, by the way?) is consistent with the fact that in WTC 1 only 72 people died out of EVERYONE in the 91 floors below the impact zone.



SOME FACTS ABOUT WTC CASUALTIES

No company was more vulnerable than Marsh McClellan (Marsh USA), Cantor Fitzgerald, the Windows on The World restaurant and others from Floor 92 and above of the North Tower. Everything above the first-strike impact point was cut off and no one in that zone survived. An estimated 1360 people, meaning more than 60 percent of the total known WTC victims, died just in those 17 out of 220 total Tower floors.

Deaths by zone and lots of other statistics:
http://september11victims.com/september11victims/wtc_statistics.htm

The graphic shows the known locations of about 1,950 WTC-based victims (as of Apr. 2002 - you can find more accurate numbers from the more recent NIST report, but the changes are not very significant statistically). If the number sounds low to you, it's because it doesn't include the 400-plus rescue personnel (firefighters police and EMTs who were killed) and another 150 or so were on the two planes. Others died on the street, from falling debris and the collapses. The whereabouts of some of the victims when they died are unknown, and in fact large numbers are still technically "missing" since no remains were found.

We should note that ALL estimates of deaths at the WTC are probably under-counting. We know that many undocumented immigrant workers died and a few claims on their behalf have not been recognized. There were also homeless people in the concourse and subway stations who have simply gone "missing."

AFTER the first impact, however, it becomes very difficult to assess what casualty levels "should" be for all the companies at other points in the Towers, compared to the numbers who actually died, because companies may have different policies on evacuation, and because people simply reacted differently. (Some reached the 44th floor of Tower 2 and were told to go back because the fire was in the other building - some listened, others did not!)

Also, in the South Tower (second impact) there was one stairway that was still open and allowed people to escape from the zone above the impact.

[seemslikeadream]

3. It wasn't my headline

maybe you could correct it here if you think it is wrong

http://demopedia.democraticunderground.com/index.php/Bank_of_America

[JackRiddler]

8. it's not literally wrong...

it's the suggestive portion, that Bank of America had "only" 2 casualties, as though this is significant or suspicious.

[MervinFerd]

9. Ahhhh....The Dread Sinister Insinuation--that means absolutely nothing..

but sounds O' so mysterious and Conspiratorial and (oh! Gosh!) so -important-, so Smoking Gun! And aren't we just -so- very brave to be even thinking such dangerously sinister thoughts--whatever they are-- and so much smarter than those dumb ol' rational debunkers who actually want to know WHAT THE POINT IS? and want actual evidence of whatever the point might be if there even is one. And o' aren't we just getting the vapors that anyone would actually wonder what the point was or even raise a question about the information? O' My!

[Bolo Boffin]

10. We need a new acronym - TTLDMFADL

Things That Let Debunkers Make Fun All Day Long.

Pronounced "tiddlemufaddle."

Thanks, Jack!

[seemslikeadream]

11. maybe the point is MervinFerd

I just love the sound of your voice