Though “importance” is often hard to quantify, in this case I can put an exact value on it: three and a half billion dollars. That was the sum in dispute in a set of trials determining the insurance payout to Larry Silverstein, the leaseholder of the World Trade Center site. Silverstein held insurance policies that stipulated a maximum reimbursement for each destructive “event.” If 9/11 comprised a single event, he stood to receive three and a half billion dollars. If it comprised two events, he stood to receive seven billion. In the trials, the attorneys disputed the applicable meaning of the term event. The lawyers for the leaseholder defined it in physical terms (two collapses); those for the insurance companies defined it in mental terms (one plot).
