xkingchangox Posted October 12 Report Share Posted October 12 NBC news is reporting that the President of CANTOR-FITZGERALD after going on national TV after the SEPT 11 attack.Cried and promised the company would help the families of the 733 employees lost in the tragedy has, according to NBC removed them from payroll one week after attack and has said the most he can do is pay the families the annual bonus and keep them on the company insurance.CANTOR-FITZGERALD one of wall streets major BOND players with assets of over $350,000,000.Couldn't keep these people on pay roll till at least the end of the month.I know hes not responsible for what happened and it must have been some kind of business decision to an extent .However I think it was very curt of him to take this FUCK EVERYBODY ELSE AND HORRAY FOR ME!!! attitude.What a weasel. Quote Link to comment Share on other sites More sharing options...
tribal Posted October 12 Report Share Posted October 12 holy shit, what a fuck. i feel soo bad for the families. its that lawyer mentality, they are fucking scum. the core of the industry thrives on human misery and injustice. i used to read john grisham as a kid, and want to be a lawyer, now i cant stand this skewed, demented side of the law. Quote Link to comment Share on other sites More sharing options...
echostar Posted October 12 Report Share Posted October 12 how did he say hooray for me? Quote Link to comment Share on other sites More sharing options...
ctwarrior Posted October 12 Report Share Posted October 12 That just goes to show that you really gotta take whatever people in business say with a grain of salt!!! They first react in the aftermath with their emotions. After things have settled in, they become pure businessmen again. Quote Link to comment Share on other sites More sharing options...
synderella420 Posted October 12 Report Share Posted October 12 Originally posted by ctwarrior That just goes to show that you really gotta take whatever people in business say with a grain of salt!!! They first react in the aftermath with their emotions. After things have settled in, they become pure businessmen again. yup this is so true I totally agree!! Quote Link to comment Share on other sites More sharing options...
xkingchangox Posted October 12 Author Report Share Posted October 12 Fuck everybody else and horray for me!!!The horray part came when he put him self out there as this good guy.Got the country talking about him and the company and then fucked everyone in the end. Quote Link to comment Share on other sites More sharing options...
lexander Posted October 12 Report Share Posted October 12 You neglected to mention that each family affected is getting at the following:1. a one time payment of 2x salary upto $100K2. 25% of the firm's bonus pool spread out over 5 years 3. 10 year of full insurance benefitsTo many, that adds up to roughly $250K or more. That sounds pretty generous to me given that Cantor had no obligation to do so. Quote Link to comment Share on other sites More sharing options...
unclebuc Posted October 12 Report Share Posted October 12 Originally posted by lexander You neglected to mention that each family affected is getting at the following:1. a one time payment of 2x salary upto $100K2. 25% of the firm's bonus pool spread out over 5 years 3. 10 year of full insurance benefitsTo many, that adds up to roughly $250K or more. That sounds pretty generous to me given that Cantor had no obligation to do so. Thank you lexander.....To all others....Know what the fuck you are talking about before you go and bash someone.....Call the man fake all you want...He lost his brother in the WTC.....As many of us lost friends and family there...... Quote Link to comment Share on other sites More sharing options...
jaronimo Posted October 12 Report Share Posted October 12 Originally posted by lexander You neglected to mention that each family affected is getting at the following:1. a one time payment of 2x salary upto $100K2. 25% of the firm's bonus pool spread out over 5 years 3. 10 year of full insurance benefitsTo many, that adds up to roughly $250K or more. That sounds pretty generous to me given that Cantor had no obligation to do so. that's not really that generous considering that around 500 mil. was donated to the cantor fitz relief fund for the families. also, nothing has been distributed yet to the families. and since cf stopped the paychecks 4 days after the disaster i think the families might need some of this money now. also, he hired edelman pr group to get him on all these shows so he could cry to generate donations. hmm, i wonder who gets the interest on all this money sitting around doing nothing.for some good coverage on the mismanagement of all these charitable donations go to:http://www.foxnews.com/oreilly/index.html Quote Link to comment Share on other sites More sharing options...
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