Well, decisions I made were they needed to have a boss for the business. If I didn't have a leader, I shut it. And I had a division of 86 people wher… - Howard Lutnick

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Well, decisions I made were they needed to have a boss for the business. If I didn't have a leader, I shut it. And I had a division of 86 people where four people survived. And you can't really build a business back with four people. Basically, we went from being a great company that was making a million dollars a day to a company that was losing a million dollars a day. But they all have mortgages to pay, and they need to put food on their table. So one of the things I did is I would call the leaders of other companies and say, here, this guy's John. He sells this many products. He's incredibly successful. You would've never been able to hire him. He was never going to come work for you.

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About Howard Lutnick

Howard William Lutnick (born July 14, 1961) is an American businessman who was appointed to serve as the United States Secretary of Commerce by the Trump Administration in February, 2025. He was formerly the head of Cantor Fitzgerald, a corporation affected directly by the September 11, 2001 Terrorist Attacks in Manhattan, New York.

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Alternative Names: Howard William Lutnick Howard W. Lutnick
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Additional quotes by Howard Lutnick

My father was diagnosed with lung cancer. He kept his diagnosis secret from me because he wanted to make sure I left to start college in the fall. He dropped me off at school, and a week later, he went for his first chemotherapy treatment at a local hospital. The nurse accidentally gave him the wrong dose, and he died right then and there. It was September 12, 1979, and I was 18 years old. So we all know losing one parent is heartbreaking, but losing both is something entirely different. It's life shattering.

Well, it used to be that I felt that I had two lives before 9/11 and after, and it would feel sometimes that it was still so raw it felt like yesterday. And this year as I reflect on 20 years, it just doesn't feel like yesterday anymore. I employ the children of people who were killed that day. 20 years is as much time since 9/11 as I was at Cantor Fitzgerald before 9/11. So I think it feels much more separated from my life before.

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