Friday, October 30, 2009
Honored and Humbled
I've just accepted a job offer from Cantor Fitzgerald to work as their Latin Corporate bond analyst, right down on the bond floor with a sales and trading team.
I start next Wednesday.
Cantor Fitzgerald has a long and impressive history, dating back to its 1945 founding by B. Gerald "Bernie" Cantor (pictured left), a true trailblazer in business and a well-known philanthropist and art collector. "Cantor Fitz," as they're affectionately called, in 1972 invented the 'screen bond brokerage,' the now-universal practice of displaying live market information on computer screens.. Cantor's innovative and creative streak continued into the internet age, with their successful 'eSpeed' electronic trading network launched in the 1990s.
Cantor's corporate headquarters at One World Trade Center was on floors 101 through 105 and was destroyed on September 11, 2001, losing all 658 employees in the office, a quarter of the day's casualties and far more than any other tenant or even the police or fire department.
Cantor's survivors bravely vowed to keep their company going, and how they came back quickly and strongly is an inspiring story. Today they are bigger than ever, headquartered at 110 East 59th St. (pictured above). From 2002 to 2006 Cantor donated 25% of their profits to the surviving families of the fallen - in the end they contributed a total of $180 million.
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