Page "Rick Rescorla" Paragraph 14

After Rescorla's fears were borne out by the 1993 World Trade Center bombing, he gained greater credibility and authority, which resulted in a change to the culture of Morgan Stanley, whom he believed should have moved out of the building, as he continued to feel, as did his old American friend from Rhodesia, Dan Hill, that the World Trade Center was still a target for terrorists, and that the next attack could involve a plane crashing into one of the towers.

He recommended to his superiors at Morgan Stanley that the company leave Manhattan.

Office space and labor costs were lower in New Jersey, and the firm's employees and equipment would be safer in a proposed four-story building.

However, this recommendation was not followed as the company's lease at the World Trade Center did not terminate until 2006.

At Rescorla's insistence, all employees, including senior executives, then practiced emergency evacuations every three months.