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Topic 48 of 96: economic consequences of global war and terrorism

Fri, Sep 21, 2001 (18:20) | Paul Terry Walhus (terry)
What will be the economic impact of the world trade center attack and the ensuing military buildup? Will there be winners as well as losers? Can we handle this financially? Will Americans be willing to give up their lattes, SUVs, and dedecked out stereos? Will the market spin out of control?
6 responses total.

 Topic 48 of 96 [news]: economic consequences of global war and terrorism
 Response 1 of 6: Paul Terry Walhus (terry) * Fri, Sep 28, 2001 (08:38) * 1 lines 
 
The estimate I saw was $50 billion so far. These are direct losses and not ripple effect losses which may be incalculable.


 Topic 48 of 96 [news]: economic consequences of global war and terrorism
 Response 2 of 6: Liz K  (ekelley) * Mon, Oct  1, 2001 (20:49) * 1 lines 
 
I heard it was going to be $39 B just to clean up and 'rebuild' (whatever that means) the WTC site... I think it might be more than $50B once we actually go into the inevitable recession.


 Topic 48 of 96 [news]: economic consequences of global war and terrorism
 Response 3 of 6: Paul Terry Walhus (terry) * Tue, Oct  2, 2001 (15:48) * 18 lines 
 
Ricochet rebounds at WTC ground zero
By Ben Charny
Special to CNET News.com
October 1, 2001, 12:00 p.m. PT
The Sept. 11 terrorist attacks on the World Trade Center have unexpectedly
renewed Ricochet, the wireless high-speed Internet service owned by Metricom
that was shut down more than two months ago.

At the request of New York City officials, the Ricochet network has been
turned back on to provide Internet access in the area surrounding where the
World Trade Center towers once stood. The network that powered wireless
access for 51,000 customers nationwide was shut down Aug. 8.

It was "relit" so search and recovery personnel combing the wreckage could
send each other e-mail to coordinate their efforts, or get access to death
certificate records filed online.

http://news.cnet.com/news/0-1004-20


 Topic 48 of 96 [news]: economic consequences of global war and terrorism
 Response 4 of 6: Paul Terry Walhus (terry) * Tue, Oct  2, 2001 (15:48) * 3 lines 
 
Full url, that one got cut off.

http://news.cnet.com/news/0-1004-200-7372683.html?tag=ch_mh


 Topic 48 of 96 [news]: economic consequences of global war and terrorism
 Response 5 of 6: Paul Terry Walhus (terry) * Fri, Dec 28, 2001 (10:26) * 31 lines 
 

Securities firms must report suspicious activity, US banks prohibited
from doing business with "Brass Plates" shell banks:

http://www.moneylaundering.com/news.htm#20121

Money services businesses (MSBs) get no delay, must report suspicious
transactions in 2002:

http://www.ustreas.gov/fincen/sardatemsbs.html

Correspondent Banks requird to submit extensive information to continue
relationships with US institutions:

http://www.moneylaundering.com/news.htm#4121

Regulations a severe setback to portions of the US banking industry
which had fought these regs tooth-and-nail:

http://www.thirdworldtraveler.com/Banks/Shell_Game_Citibank.html

and had the Bush administration on-board 'till 9/11

http://www.russianlaw.org/ap060701.htm

International crackdown on "Brass Plates", and the underlying national
"banking privacy" laws allowing them:

http://www.moneylaundering.com/news.htm#13123




 Topic 48 of 96 [news]: economic consequences of global war and terrorism
 Response 6 of 6: Paul Terry Walhus (terry) * Sun, Feb  3, 2002 (08:09) * 1 lines 
 
A lot of good links in that previous post.

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