Tuesday, September 6, 2011
We Will Never Forget 9/11
The following Yahoo News article describes 9 little-known facts about the terrorist attacks on 11 September 2001. One of them (#7) stands out:
One company lost two thirds of its workforce
Global financial services firm Cantor Fitzgerald was the worst business affected by the 9/11 attacks. Unfortunately, its New York headquarters based on the 101st and 105th floors at One World Trade Center lost 658 out its 960-strong workforce – which amounted to two third of its total NYC staff.
After the tragedy hit, CEO Howard Lutnick called a colleague and said: “We could shut the firm and attend our friends' funerals, or we're going to work harder than we've ever worked before to help their families.” And that’s exactly what they did. Ten years later, Cantor Fitzgerald has handed out more than $180 million (£109 million) to the families of the deceased staff and has fulfilled its promise to pay their health care.