Word: cantors
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Among those leading the way in speed and creativity is the Red Cross. Besides providing food and shelter, the group has earmarked $100 million in cash grants for victims' families to cover living expenses for three months. The grants were suggested by bond-trading firm Cantor Fitzgerald, which lost some 730 employees when the Twin Towers collapsed. By Friday the Red Cross had given nearly $4 million to an initial group of 214 families, who got as much as $30,000 each. Families submit a one-page application, and the Red Cross checks employment and travel records to confirm that...
...lesser problems create a mob scene among New Yorkers, but no more. We are still counting our blessings and, I think, we realize that public complaint about insignificant matters isn't just out of order, it's unacceptable. What if the woman across the aisle is a survivor from Cantor Fitzgerald...
Many families of the missing frantically hung leaflets, posted messages on the Internet and tried to contact other employees before, as the days went on, hope dissipated. Rachel Aron, a former Cantor employee who left two years ago, lost her stepfather as well as her husband, whom she had met at the firm. Their first anniversary would have been Sunday. Joseph Coppo, 19, the namesake of his father, who perished with close friends and co-workers of 25 years, attended a gathering for Cantor families Thursday night at Manhattan's Pierre Hotel. "I went down to talk...
...remaining Cantor employees, the work to do is enormous, but they have already begun. The bond market reopened on Thursday, and two-year Treasury-bill interest rates dropped to their lowest historical levels as investors sought put their money in an old standby...
...plan is to not let those bastards get us down," said Ken Pforr, a vice president in Cantor's municipal-bonds unit. Besides, as Lutnick observed, the survivors now have a lot more people to take care...