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Politics : America Under Siege: The End of Innocence -- Ignore unavailable to you. Want to Upgrade?

To: XenaLives who wrote (6895)	10/11/2001 12:02:59 AM
From: Patrick Slevin	Respond to of 27672

No, the issue is that Cantor laid off a lot of people quickly. I don't know the details exactly, I'm not in the business anymore. Actually, I was never really close to being in the business in the first place.

To: XenaLives who wrote (6895)	10/11/2001 12:03:13 AM
From: rowrowrow	Read Replies (2) \| Respond to of 27672

I've run a business, payroll, 401k etc.. Nobody is ever really happy under good circumstances. I do know bond traders. They aren't living the middle class life... Yes, I have great sympathy for all the families and relatives involved. But, if he continued to meet 700 employee salaries while adding 700 new employees to perform the jobs left vacant, buy new equipment, and try to get back up to speed, kiss CF goodbye. I am in middle management, and my life insurance pays 1 and 1/2 times my yearly salary, all company sponsored. I would imagine that this claim is processed within a month or two?