Friday, October 26, 2012
Civilian Justice Comic: 9-11 Tribute Book

Sunday, September 23, 2012
Cantor Fitzgerald Commemorative WTC Steel

Cantor Fitzgerald and bgc commemorative box with world trade center steel. This special tribute was given to employees. I'm not exactly sure how many were created or distributed, but this is a striking 9/11 example from corporate America. The steel cube weighs about one pound.
Cantor Fitzgerald's corporate headquarters and New York City
office,[7][8] on the 101st-105th floors of One World Trade Center in Lower
Manhattan (2-6 floors above the impact zone of a hijacked airliner), were
destroyed during the September 11, 2001 attacks. Seconds after Cantor's
building was struck by the plane, a Goldman Sachs server issued an alert saying
that its trading system had gone offline because it wasn't able to connect with
a Cantor server.[9][10][11] Cantor Fitzgerald lost over two-thirds of its
workforce, considerably more than any of the other World Trade Center tenants
or the New York City Police Department and New York City Fire Department. CEO
and chairman Howard Lutnick, whose brother was among those killed, vowed to
keep the company alive, and the company was able to bring its trading markets
back online within a week. On September 19, Cantor Fitzgerald made a pledge to
distribute 25 percent of the firm's profits for the next five years, and
committed to paying for ten years of health care, for the benefit of the
families of its 658 former Cantor Fitzgerald, eSpeed, and TradeSpark employees
(profits which would otherwise have been distributed to the Cantor Fitzgerald
partners).[12] In 2006, the company completed its promise, having paid a total
of $180 million[12] (and an additional $17 million from a relief fund run by
Lutnick's sister, Edie).[13]
Before the attacks, Cantor handled about one-quarter of the
daily transactions in the multi-trillion dollar treasury security market.
Cantor has since rebuilt its infrastructure, thanks in part to the efforts of
its London office,[14] and now has its headquarters in midtown Manhattan. The
company's effort to regain its footing is the subject of Tom Barbash's 2003
book On Top of the World: Cantor Fitzgerald, Howard Lutnick, and 9/11: A Story
of Loss and Renewal.
Labels:
Cantor Fitzgerald,
commemorative,
corporate,
WTCsteel
Friday, September 14, 2012
FDNY Rescue Heroes Toy

Labels:
actionfigure,
donation,
FDNY,
firefighter,
toy
DC Comics Superman Tribute

Saturday, August 18, 2012
Liz Claiborne 9/11 Tribute Pin
The Donation Question:
I've raised this issue numerous times with other items from this collection: What were the actual donated proceeds to the 9/11 or in this case, the Twin Towers Fund? Was that an actual fund? The press and investigative reporting on the abuses of nonprofits that started up after 9/11 or implied a connection to 9/11 is warranted, but what about companies who promoted the sale of goods and merchandise tied to donations of proceeds to 9/11 victims, funds, etc? There have never been any public accounting of these donated funds. Were they actually donated? It would be interesting to see what kind of accountably there is amongst the corporate sector for such sales driven by charitable motivations. Let's label this consumer and charity mix. Possible names: consumercharity sales; feel good consumption; or donation spending. Have your own suggestions? Share them here, or e-mail me.
Subscribe to:
Posts (Atom)