Cantor Fitzgerald Marks 25 Years Since 9/11 Losses
· World · Bloomberg, CBS News
Twenty-five years after losing 658 employees in the World Trade Center attacks on September 11, 2001, Cantor Fitzgerald has transformed its darkest day into one of Wall Street's largest philanthropic events. The financial services firm holds an annual Charity Day, directing global revenues to humanitarian causes worldwide. The tragedy struck the company's headquarters at the twin towers, claiming the lives of nearly two-thirds of its workforce at the time. Over the past quarter-century, the firm's commemorative initiative has raised hundreds of millions of dollars for relief organizations and charities. The event continues to serve as a major memorial on Wall Street, pairing financial trading with global charitable giving.
Why it matters
The initiative demonstrates how a major financial institution turned catastrophic corporate loss into a enduring global philanthropic foundation.
Read the original report — Bloomberg
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