Fifty days before 9/11′, Larry Silverstein’s Silverstein Properties and Frank Lowy’s Westfield Americas ecured a 99-year lease on World Trade Center Buildings One, Two, Four and Five.
Silverstein already owned Building Seven. The Port Authority of New York and New Jersey handed over control of the World Trade Center to Silverstein and Lowy on July 24, 2001. Lowy leased the shopping concourse area called the Mall at the World Trade Center, made up of approximately 427,000 square feet of retail floor space.
Silverstein and Westfield America insured the complex for $3.55 billion, but after the attacks of September 11 lodged a claim for $7.1 billion on the premise that each plane collision constituted a separate act of terrorism, doubling the payout. Most people know about “Lucky”Larry Silverstein’s part in 9/11 and his dubious connections to Binyamin Netanyahu et al, but not much has been reported on Lowy, so let’s have a look.
Frank Lowy is a Hungarian Jew who arrived in Palestine in 1945 to fight with the Haganah in the Israeli “War of Independence”, later joining Israel’sGolani Brigade which was created in February 1948. In 1952 he moved to Sydney, Australia, where he started building shopping centers, before going on to work in investment banking in London, New York and Los Angeles. He co-founded the Westfield Group, which he still chairs.
According to Wikipedia, “Westfield currently has interests in total assets worth A$41 billion, representing 121 shopping centres in four countries with over 10 million square meters of retail space. It is the world’s largest retail property group by equity market capitalization”. In California alone, he has overseen Westfield’s regional growth from 6 shopping centers to at least 59. At $3.8 billion, he’s ranked #2 in Forbes.Com’s list of Australia and NZ’s richest individuals – one of three men, all Jewish, who make up Australia’s wealthiest elites – and by the same standard is the 174th richest man in the world.
Lowy’s fondness for banking is not limited to the U.S.
He’s a board member of the Reserve Bank of Australia, Australia’s central bank, which is the Australian version of the American Federal Reservesystem and issuer of Australian banknotes. Lowy served a ten year term as director of the RBA.
Frank the Zionist is not at all disinterested in world politics. In 2001 he was the Associate International Chairman of the Israel Democracy Institute, and in 2003 he set up the Lowy Institute for International Policy, an international policy think tank devoted to foreign affairs, an endeavor which won him the Woodrow Wilson Award for Corporate Citizenship in 2005 (funnily enough, it was Wilson who signed the Federal Reserve Act). That same year, the Institute moved into its permanent home in Sydney’s CBD which was formally opened by Australia’s Prime Minister and Lowy’s good mate, John Howard. He even joined Howard and Bill Clinton on an “evening Sydney Harbour cruise” when Clinton visited Australia in 1996 (source).
Other good friends of his include Israeli prime ministerEhud Olmert and media mogul Rupert Murdoch, who has his own connections to 9/11 and who avidly supports the extremist Likud Party of Israel and the post-9/11 “war on terror”. Israel has no better friend in the media than Murdoch and his empire. Like Silverstein, Lowy maintains close relationships with former Israeli prime ministers Ariel Sharon and Ehud Barak, and other high profile Zionists like Avinoam Brog, Barak’s brother. Brog told the Sydney Morning Herald that Lowy’s “influence is such that if he wanted to talk to any politician in Israel, then he could. And they will listen.”
Frank Lowy spends three months of the year at his home in Israel and has been described by the Sydney Morning Herald as “a self-made man with a strong interest in the Holocaust and Israeli politics.” He funded and launched the Israeli Institute for National Strategy and Policy, which will “operate within the framework of Tel Aviv University” in Israel.
Here’s a look at what he’s got going on in Tel Aviv:
“Australian Entrepreneur Frank Lowy will be Chairman of the planned TAU Institute for National Strategy and Policy. Former US Ambassador to Israel Martin Indyk will act as Vice-Chairman.”
Here’s the Australian Jewish News report: ‘Frank Lowy establishes Israeli institute’
And from the Sydney Morning Herald (September 2008): As its chairman, Lowy has gathered some of the most influential policymakers in Israel and wealthiest international benefactors to sit on its boards.
Much like the Lowy Institute in Sydney, it is a respected independent academic institute that studies key issues relating to national security and foreign affairs, but with a special focus on the Middle East.
Its vice-chairman is Dan Meridor, a prominent lawyer and former politician in the centre-right Likud party. Meridor served as justice minister and finance minister in the 1990s, and is contemplating a return to politics with the Likud.
Also on the board are the Israeli building contractor Alfred Akirov, the president of Tel Aviv University and former Israeli ambassador to the US, Itamar Rabinovich, and the Australian-born Martin Indyk, twice the US ambassador to Israel during the Clinton administration.
Among those on the board of trustees are Lord David Alliance, an Iranian-born Jewish-British businessman and Liberal Democrat politician, and Sir Ronald Cohen, an Egyptian-born Jewish-British businessman known as “the father of British venture capital” and the man who bankrolled the leadership bid of the Prime Minister, Gordon Brown.
Other trustees are the Chicago real estate mogul Lester Crown and the US property tycoon Mortimer Zuckerman, who owns New York’s Daily News and is editor-in-chief of the influential US News & World Report.
Furthermore, Lowy is a founding member of the International Advisory Council of the pro-IsraelBrookings Institution in Washington. According toWikipedia, “Brookings is generally considered one of the three most influential policy institutes in the U.S.” The aforementioned Martin Indyk, former vice chairman of Lowy’s Institute for National Strategy and Policy and former U.S. ambassador to Israel, is also aDirector at Brookings. You can read about Indyk here. Some consider Indyk to be the prime suspect in the FBI’s hunt for the Israeli spy known as Mega.
But Lowy’s penchant for meddling in world affairs doesn’t stop there. Lowy was vice president of a publication called the Australia/Israel Review (AIR), whose parent body is the Australia Israel Jewish Affairs Council (AIJAC), the Australian equivalent of its U.S. counterpart, AIPAC. The AIR is a right-wing Zionist publication whose editor, Michael Kapel, was forced to quit in ’98 after the magazine published stolen membership lists of the One Nation party, an Australian nationalist political group.
When Palestinian political activist and politician Hanan Ashrawi was awarded the 2003 Sydney Peace Prize, Frank Lowy was one of the most vociferous among the chorus of Zionist protesters and Jewish lobbyists thatdecried the result and tried to dissuade NSW premier Bob Carr and the Sydney Peace Foundation from giving the award to Ashrawi. Lowy, among others, claimed that Ashrawi ‘supported suicide bombings’ and had a “long history of terrorist apologias and anti-Israel incitement”.
Sydney-based Jewish-Australian journalist, Antony Loewenstein shows how fraudulent these claims are in the opening chapter of his book My Israel Question, arguing that Lowy and co’s real problem with Ashrawi is her support for the Palestinian cause and anti-Zionist disposition.
So, like Silverstein, Lowy is without question a filthy rich corporate Israel cheerleader. But there’s also evidence that he’s probably a crook, too. For instance, it appears that Lowy nearly got involved in the British government’s Cash for Peerages scandal with Lord Levy, one of Tony Blair’s closest aides, back in 2002. From a 2002 Sunday Times article:
Lord Levy, one of Tony Blair’s closest and most trusted aides, was paid at least £250,000 by an Australian property group headed by one of the world’s richest men. The payments, which the company has attempted to keep private, are far higher than previously thought and began in 1999, the year Levy was appointed Blair’s envoy to the Middle East, reporting directly to the prime minister.
They were authorised by Frank Lowy, the head of the Westfield Corporation, who has business and political interests in Israel and whose company is seeking planning permission to develop shopping centres across Britain. Lowy is a veteran campaigner on Jewish causes. He fought as a terrorist in Palestine during the 1948 Israeli war of independence and served with the Golani Brigade, which is currently serving in the occupied territories.
The disclosure has raised questions of “cash for foreign policy”. MPs expressed concern at Levy’s potentially conflicting roles as a consultant for a powerful multinational company and supposedly impartial and unpaid envoy. Levy said he paid privately for trips he made on behalf of Blair. In a letter to Jack Straw, the foreign secretary, Norman Baker, the Liberal Democrat MP for Lewes, said:
“I am concerned the Foreign Office’s diplomatic initiatives in the Middle East should apparently be so closely tied to the aims of one of the world’s richest men.”
Baker said Levy appeared to be “simultaneously a quasi-minister, Labour fundraiser and consultant to a company seeking to influence government policy.
Looks like Lowy thought he could swing things Israel’s way with his shekels. Lord Levy is himself a committed Zionist, a member of the UK parliament’s Labour Friends of Israel, has a private residence and a business in the Jewish State, and is a personal friend of former Israeli Prime Minister Ehud Barak. His son, Daniel, used to work for Barak, and also for former Israeli justice minister Yossi Beilin.
The Times article also offers this information about Lowy:
Lowy has donated about £200,000 to build a memorial museum in Israel for his former brigade and has toured old battle sites with former comrades. His personal wealth was recently estimated by Forbes magazine at £1.5 billion and he is well known in Australia as a philanthropist supporting Jewish causes. Through the Westfield Foundation he has given to the United Israel Appeal, an organisation for resettling Jewish immigrants in Israel. His family was last year preparing to invest more than £30m in property and media interests in Israel.
Look what Lowy got himself into in 2006:
Lowy implicated in Israel bank scandal PM – Wednesday, 25 October , 2006
One of Australia’s richest businessmen has been embroiled in a high-level corruption scandal involving the Prime Minister of Israel.
Israeli press reports claim that the billionaire owner of the Westfield Group, Frank Lowy, was involved in the scandal with the Prime Minister Ehud Olmert last year.
They allege that Mr Olmert had a conflict of interest because he advanced Mr Lowy’s interests in the privatisation of a major Israeli bank, Bank Leumi.
The Justice Ministry is investigating suspicions that Mr Olmert interfered with the tender to benefit Mr Lowy and another bidder, Daniel Abraham.
There are also allegations of a conflict of interest by the Prime Minister through a law firm that dealt with Mr Lowy’s affairs in Israel.
The head of that firm is Ehud Olmert’s father-in-law Professor Yossi Gross.
A spokesman for Frank Lowy is rejecting the claims tonight.
Emma Alberici reports:
EMMA ALBERICI: Overnight Israel Attorney General confirmed he was investigating claims that Prime Minister Ehud Olmert accepted bribes from two international businessmen.
The bribes have allegedly been paid to help advance their interests during the 2005 privatisation of Israel’s Bank Leumi, the country’s second biggest bank.
The two businessmen referred to in reports are said to bethe Prime Minister’s personal friends, one of which was named on the Hebrew language website, News First Class, as Frank Lowy, the Australian billionaire owner of the Westfield group.
Various reports during the tender process last year said the Australian real estate tycoon was in partnership on the Bank Leumi bid with American media and property mogul Mortimer Zuckerman.
The website News First Class, first published the claims two weeks ago, which also say Ehud Olmert never declared a conflict of interest he had during the tender process.
His father-in-law, Yossi Gross heads the law firm, which allegedly deals with Frank Lowy’s affairs in Israel.
Frank Lowy is a WWII holocaust survivor who immigrated to Israel to fight in the Jewish underground before joining the rest of his family in Australia in 1951.
55 years on, he’s the country’s second richest businessman, worth $5.5 billion. His $74 million super yacht Ilona is often seen at the (inaudible) docks in Israel.
In March of this year, the Lowy family’s LGF Holdings poached two investment bankers at UBS in Tel-Aviv to start a funds management business they called ION Asset Management.
Media reports over the past few years variously link the Lowy family name to the sales of three banks in Israel.
Israel’s Attorney General has ordered the probe into claims that Prime Minister Ehud Olmert accepted the bribes while he was Acting Finance Minister.
Lowy’s business partners in the bid for Bank Leumi were mega-Zionist billionaires Mortimer Zuckerman, former chairman of the Conference of Presidents of Major Jewish Organisations, and AIPAC Board Member Daniel Abraham. So at the very least, he’sheavily involved in Jewish affairs and Zionist lobby groups, he’s extremely cozy with criminal Zionist elites, and he’s a rabid Zionist himself. So are his three sons: Peter Lowy sits on the board of the Simon Wiesenthal Center and was chairman of the board of the University of Judaism, which has now been renamed the American Jewish University after its merger with the Brandeis-Bardin Institute.
Last Thursday night, at a banquet at the Beverly Hilton Hotel, the [University of Judaism] celebrated its 60th anniversary by honoring [Peter] Lowy. Mayor Antonio Villaraigosa was there, and President Bill Clinton and Gov. Arnold Schwarzenegger sent their best by video.
David Lowy is manager of the Tel Aviv-based Ion Asset Management and CEO of the family’s LFG Holdings which has millions of dollars of investments in Israel, and Steven Lowy is chairman of the United Israel Appeal.
Frank Lowy’s financial contributions to both sides of the Australian political pseudo-divide also deserve a mention. From this article:
Westfield shopping mall developer Frank Lowy topped the list of Jewish donations with $624,200 – $311,900 to the Australian Labor Party (ALP) and $312,300 to the Liberals.
The right wing Liberal party got $400 more than their Labor counterparts; maybe Frank penalised the latter for being such stick-in-the-muds over Iraq.
We know the attacks of September 11 were carried out to further the political agenda of the Zionist elite. Is it just a coincidence that two of them took out the lease of the World Trade Center complex just weeks beforehand? Doesn’t look like it.
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