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NEW YORK – A mediator says all but three of nearly 100 lawsuits brought on behalf of those killed or injured in the Sept. 11, 2001, attacks have been settled for half a billion dollars.
Originally posted by CameronFox
In addition to the above mentioned lawsuits, the victims compensation fund awarded over 7 BILLION dollars.
Originally posted by infinityoreilly
Why did the fund award 7 billion dollars? If 911 Was as some said " we had no idea something like this could happen" why did "we" pay out so much to settle these lawsuits?
IMO it was to prevent the "truth" from coming out in a court of law there by opening up a Pandoras Box.
Actually, if everyone were to sue the airlines, airports, security agencies, etc. You would have seen at least two airlines go bankrupt. This was to prevent something of that magnitude from happening.
The Victims Compensation fund however, was not mandatory. Many chose to turn the governments compensation down and start their own lawsuits.... This did not result in any Pandoras Boxes opening.
Originally posted by WonderwomanUSA
How do you know, it was to prevent the Airlines from taken a beating?
The Victims Compensation fund was probably used to keep the victims from suing the Airlines Company’s.
The reason I say this, is the Airline Companies would have to answers some tough questions as of when, why, and how and the media would have a field day exposing the truth from these trials. This in return would have proved the government was lying to, as of what had happened on 911.
One of the deals I have read about the Victims Compensation fund once you accept the compensation, you have to sign an agreement that you will not sue. So, what do you call the Victims Compensation fund, I call it hush money, don’t rock the boat money.
I have to ask where did this money for the Victims Compensation fund came from.
Why the taxpayers of course, from you, and me.
So, there is no way to hold United, and American airlines to be held accountable for allowing those airplanes to get highjacked.
Preventive measures should have already been in place years before 911, to stop highjackers from taken over our airliners. The FBI talked about such scenarios that could have taken place in the late 1980’s, however, the Airlines chose to do nothing.
Very true indeed, however, most people that chose to do their own lawsuits ended up settling out. Preventive measures in those court cases, where made to keep the Pandora box from being opened. This is why we do not have any real answers today of what really happened on 911.
Air Transportation Stabilization Board
Loan Guarantees
The purpose of the guarantees issued by the Board is to compensate air carriers for losses incurred as a result of the terrorist attacks on the United States that occurred on September 11, 2001.
Before entering into an agreement to issue a guarantee, the Board must determine that:
* The obligor is an air carrier for which credit is not reasonably available at the time of the transaction;
* the intended obligation is prudently incurred; and
* such agreement is a necessary part of maintaining a safe, efficient and viable commercial aviation system in the United States.
New York - The Kingdom of Saudi Arabia, four princes and other Saudi entities are immune from a lawsuit filed by victims of the September 11 attacks and their families alleging they gave material support to al Qaeda, a federal appeals court ruled on Thursday. . . .
The appeals court found that the defendants are protected under the Foreign Sovereign Immunities Act.
The court also noted that exceptions to the immunity rule do not apply because Saudi Arabia has not been designated a state sponsor of terrorism by the U.S. State Department.
Acknowledging the odds are against them, relatives of the September 11 attacks filed a 15-count, $116 trillion lawsuit Thursday against the company run by Osama bin Laden's family, Saudi Arabian princes and Sudan.
The lawsuit was filed in U.S. District Court for the District of Columbia by more than 600 family members, plus some firefighters and rescue workers.
Calling themselves Families United to Bankrupt Terrorism, the plaintiffs are suing seven international banks; eight Islamic foundations, charities and their subsidiaries; individual terrorist financiers; the Saudi bin Laden Group; three Saudi princes; and the government of Sudan for allegedly bankrolling the terrorist al Qaeda network, Osama bin Laden and the Taliban.
Among the allegations in the complaint, said attorney Ron Motley, are that certain members of the Saudi royal family have been active supporters of and helped fund al Qaeda and bin Laden.
The attorneys and investigators were able to obtain, through French intelligence, the translation of a secretly recorded meeting between representatives of bin Laden and three Saudi princes in which they sought to pay him hush money to keep him from attacking their enterprises in Saudi Arabia, Motley said.
Rex Tomb, Chief of Investigative Publicity for the FBI
“The reason why 9/11 is not mentioned on Usama Bin Laden’s Most Wanted page is because the FBI has no hard evidence connecting Bin Laden to 9/11.”
www.teamliberty.net...
posted by ipsedixit
New York - The Kingdom of Saudi Arabia, four princes and other Saudi entities are immune from a lawsuit filed by victims of the September 11 attacks and their families alleging they gave material support to al Qaeda, a federal appeals court ruled on Thursday. . . .
The appeals court found that the defendants are protected under the Foreign Sovereign Immunities Act.
The court also noted that exceptions to the immunity rule do not apply because Saudi Arabia has not been designated a state sponsor of terrorism by the U.S. State Department.
The suit was filed in 2002 and was for $116 Trillion dollars!!