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To: long-gone who wrote (78158)10/14/2001 11:55:37 PM
From: long-gone  Respond to of 116874
 
update: Nasty scum bastards?

Does a PLAN cost Cantor more than a sheet of paper or put a simple plate of beans on the table of the families missing a bread winner?

Why did it take until the 11th for only a PLAN?

Thursday October 11 11:48 PM ET
News Briefs on Terror Attacks
By The Associated Press,

NEW YORK (AP) - Cantor Fitzgerald LLP, the bond trading firm that lost more than two-thirds of its employees in the terrorist attack on the World Trade Center, has announced a plan to provide financial support to the families of the victims.

The firm will cover their health care costs for the next 10 years and give them a portion of its profits for five years or until each receives at least $100,000 in cash, chief executive officer Howard Lutnick said Wednesday.

``We want to be able to care for these families over the long term,'' he told the victims' families at a meeting in New Jersey.

Cantor Fitzgerald also will distribute the missing employees' commissions and bonuses to their families earlier than planned. The company had said they would receive the payments by Jan. 1.

Cantor Fitzgerald lost about 700 of the 1,000 employees who worked at its headquarters on Sept. 11.
dailynews.yahoo.com

BALEWA ALBERT BLACKMAN, 26, of New York, was a junior accountant at Cantor Fitzgerald who did not own a cellular phone, pager or a car - and was proud of it. His mother, Hyacinth Blackman, says her son didn't find them necessary. He graduated from Cornell University in 1996 with a science degree, but became an accountant instead because he was good at math. He helped his mother clean the house on Saturday mornings, even while he was away at college.
dailynews.yahoo.com

Why won't the investment community call on Cantor to pay up?