This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Day of Chaos and Terror, Part 2

I started to walk uptown with a parade of businessmen and office workers, up 11th Avenue. Every few blocks, I would look back to confirm that what was happening was real. It was. At Canal Street, my wife managed to reach me on my phone to tell me that my brother was OK. He had been late coming to work because of one of his daughters and was on the train when Tower 1, where his office was located, was hit. His firm lost eight employees that day.

Perhaps five minutes after hanging up the phone, I heard a roar from behind me and turned around just in time to see Tower 2 collapse in a cloud of dust.

As I reached the the West Village, the scene repeated itself: first a roar, then the marching crowd stopped, turned and gasped as Tower 1 disappeared.

Hysterical, I phoned my father.

"It's gone, they're gone, they're all gone," I said.

"What are you talking about?"

"Both towers are just not there anymore, they're not there. Those big buildings. How can they not be there?"

"Listen, Daniel," he said. "Go and find a bar and have a drink. This is a terrible day, but you'll see. It'll be all right. In eight months, they'll come in and remake that place so that you'd never know anything happened there. They need to rebuild this and move forward as quickly as possible, and they will. They'll make it better. They'll want to prove our strength and rebuild it faster and better than it ever was before."

His prediction, although comforting at the time, proved overly optimistic. It would take nearly a decade for the new One World Trade Center (known colloquially as the Freedom Tower) to start to appear on the Manhattan skyline, and construction still isn't finished.

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $123.25 0.00%
FB $83.30 0.00%
GOOG $548.34 0.00%
TSLA $185.00 0.00%
YHOO $45.10 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs