World Trade Center Litigation BLOG

Due to the recent happenings on Wall Street many are speculating whether this crisis is going to affect the 9/11 memorial from being completed. A lot of factors are going to be weighed but it is mostly going to come down to whether the funding can be found. For the 9/11 memorial to be completed on its anticipated date on the 10th anniversary of the attacked, another $25 out of the proposed $75 million dollars still needs to be found. This is a significant amount of money especially when our country is currently undergoing this economic crisis. Many people are worried as to whether the recent events are going to freeze the plans to finish the memorial. Bloomberg has assured us that it will be completed, however it is going to be a struggle, but a struggle that is worth being endured.

In order for the remaining $25 million to be raised, much is riding as to whether the economic crisis is going to have an effect on the ability to raise capital. Of course this crisis had put some challenges on the ability to collect funding, however officials are being optimistic. They know it is going to be a struggle, but they are determined to make it work. Since the project is already behind schedule and over budget, officials do not want any more barricades in place in which that is exactly what the economic crisis is doing. However if administrators and officials are smart they will use it to an advantage, by proposing to get funding of the bailout is passed.

Not only is the crisis affecting the completion of the memorial about the WTC captive fund? The news surrounding the economic crisis has taken over every single news station in which information about those projects surrounding the problem have been set aside. Will the bailout help or hurt the chances of those who were injured while working on the WTC site? The Workers who were injured while working on the WTC site are still waiting the verdict as to whether they will be able to gain crucial monies needed for their medical expenses and lost wages? This is a very important subject that has many WTC workers up in arms because until a plan is put in place for the bailout, these injured workers are in a stand still as to whether they will ever see any money to cover their medical bills. In order to get answers, we must go directly to the source. However this may prove to be rather difficult due to the crisis and upcoming presidential election are getting the majority of attention.

Completing the 9/11 memorial is something that the masses are looking forward towards, in which completion is crucial for the moral of the nation. We must try to fight through these trying times and prevail by not allowing these important notions to be compromised. Take back NYC and overcome it with integrity and moral on your shoulders.