1 00:00:00,080 --> 00:00:03,800 Speaker 1: Bells tolling Bagpike's plane at ground zero here in New 2 00:00:03,880 --> 00:00:06,360 Speaker 1: York City. It was one of the solemn tributes across 3 00:00:06,360 --> 00:00:08,960 Speaker 1: the country as Americans look back on the horror and 4 00:00:09,000 --> 00:00:12,720 Speaker 1: the legacy of nine to eleven. Almost three thousand people 5 00:00:12,760 --> 00:00:15,040 Speaker 1: were killed when hijack planes crashed into the World Trade 6 00:00:15,080 --> 00:00:18,000 Speaker 1: Center that day, the Pentagon, and of course, in that 7 00:00:18,079 --> 00:00:22,079 Speaker 1: field in rural Pennsylvania, the firm Canter Fitzgerald. It lost 8 00:00:22,120 --> 00:00:24,680 Speaker 1: more than six hundred employees when the North Tower of 9 00:00:24,720 --> 00:00:27,600 Speaker 1: the World Trade Center fell, and just three days after that, 10 00:00:28,040 --> 00:00:30,640 Speaker 1: our next guest began rebuilding that firm and making sure 11 00:00:30,640 --> 00:00:33,080 Speaker 1: that we never forgot the lives that were lost and 12 00:00:33,120 --> 00:00:36,000 Speaker 1: the sacrifices that were made to keep us safe ever since. 13 00:00:36,400 --> 00:00:38,960 Speaker 1: Please to say that Howard Lutnick, the chairman and CEO 14 00:00:39,040 --> 00:00:41,960 Speaker 1: of Canter Fitzgerald, joins us right now on what has 15 00:00:42,000 --> 00:00:45,479 Speaker 1: become for him an annual charity day, a way to 16 00:00:45,560 --> 00:00:48,680 Speaker 1: raise money and awareness, of course, for what happened twenty 17 00:00:48,760 --> 00:00:51,159 Speaker 1: two years ago. Howard, give us a little bit of 18 00:00:51,200 --> 00:00:55,520 Speaker 1: insight here on just how much reception you've had on 19 00:00:55,560 --> 00:00:58,960 Speaker 1: this particular day, this particular year, and of the years 20 00:00:59,000 --> 00:00:59,840 Speaker 1: prior leading up to this. 21 00:01:01,960 --> 00:01:05,880 Speaker 2: So we started the firm, committed that twenty five percent 22 00:01:05,880 --> 00:01:08,640 Speaker 2: of everything we made we'd go to the families of 23 00:01:08,680 --> 00:01:11,320 Speaker 2: those we lost our nine to eleven, And with all 24 00:01:11,360 --> 00:01:14,280 Speaker 2: the commitment of all of our employees, we raised one 25 00:01:14,360 --> 00:01:17,000 Speaker 2: hundred and eighty million dollars in the first five years 26 00:01:17,040 --> 00:01:19,679 Speaker 2: for those families. And then after five years we decided, 27 00:01:19,680 --> 00:01:23,000 Speaker 2: all right, let's extend it out. So all of our employees, 28 00:01:23,040 --> 00:01:26,040 Speaker 2: all these people behind you, they've all waived their pay, 29 00:01:26,400 --> 00:01:29,080 Speaker 2: and we get celebrity ambassadors to come in. You got 30 00:01:29,200 --> 00:01:33,600 Speaker 2: Nicole Kidman and Keith Urban behind me. Charlie Sturnom was here, 31 00:01:33,680 --> 00:01:38,679 Speaker 2: President Clinton was here earlier today, Matthew McConaughey, Keenan Thompson. 32 00:01:38,959 --> 00:01:43,200 Speaker 2: I mean, just a who's who, sports stars, celebrities across 33 00:01:43,240 --> 00:01:46,040 Speaker 2: the board helping us raise money. And we give away 34 00:01:46,240 --> 00:01:49,560 Speaker 2: every penny we do business with today, hopefully about twelve 35 00:01:49,640 --> 00:01:51,760 Speaker 2: million dollars today, and we're gonna give it to about 36 00:01:51,760 --> 00:01:54,280 Speaker 2: one hundred and fifty charities all around the world and 37 00:01:54,280 --> 00:01:56,960 Speaker 2: in all the communities where our employees live and our 38 00:01:57,040 --> 00:02:00,760 Speaker 2: and our clients live. And so it's the most uplifting 39 00:02:00,840 --> 00:02:03,480 Speaker 2: day for a day that is really, really dreadful for us. 40 00:02:04,080 --> 00:02:06,320 Speaker 1: That's well said, Howard. And of course, so you know, 41 00:02:07,000 --> 00:02:09,360 Speaker 1: in addition to the lives lost, just kind of the 42 00:02:09,400 --> 00:02:12,560 Speaker 1: star I think on the sun. Yeah, absolutely, who's that 43 00:02:12,680 --> 00:02:14,239 Speaker 1: is that? Nicole Kidman ring and the build there is 44 00:02:16,000 --> 00:02:22,880 Speaker 1: Oh there he is Keith Urban. All right, now music 45 00:02:22,919 --> 00:02:26,840 Speaker 1: superstar there, Keith Urban and now the superstar Howard Lutnik 46 00:02:26,840 --> 00:02:29,560 Speaker 1: there of the finance world. It's great to see you laughing. 47 00:02:29,639 --> 00:02:31,640 Speaker 1: It's great to see that this has turned into something 48 00:02:32,000 --> 00:02:34,640 Speaker 1: positive that will carry on. I mean, how much do 49 00:02:34,720 --> 00:02:38,480 Speaker 1: you see I guess the general sense that we're going 50 00:02:38,560 --> 00:02:40,840 Speaker 1: to remember this. I mean we're twenty two years removed, 51 00:02:40,840 --> 00:02:42,880 Speaker 1: and we know that as these events sort of get 52 00:02:42,919 --> 00:02:45,200 Speaker 1: further back in time, there's always that tendency to want 53 00:02:45,240 --> 00:02:47,240 Speaker 1: to just move on and turn to something else. 54 00:02:49,240 --> 00:02:51,639 Speaker 2: Yeah, so it's it's vital for us that we keep 55 00:02:51,680 --> 00:02:55,080 Speaker 2: the top of mind, especially you know, right around today. 56 00:02:55,760 --> 00:02:58,119 Speaker 2: I know the you know, there are people who are young, 57 00:02:58,200 --> 00:03:00,480 Speaker 2: like for instance, this morning, when I was walking around, 58 00:03:00,480 --> 00:03:04,239 Speaker 2: I said hello to we offer a job to every 59 00:03:04,400 --> 00:03:06,840 Speaker 2: kid of someone we lost on nine to eleven. So 60 00:03:06,880 --> 00:03:09,600 Speaker 2: we had a young woman today. Her father was one 61 00:03:09,639 --> 00:03:13,600 Speaker 2: of our lawyers, Matt Leonard and she was six months 62 00:03:13,600 --> 00:03:16,880 Speaker 2: old on September eleventh, so she joined the company. But 63 00:03:17,320 --> 00:03:20,040 Speaker 2: you've got a whole new generation coming up, people who 64 00:03:20,120 --> 00:03:24,120 Speaker 2: don't remember the day, and they've got to know the importance, 65 00:03:24,200 --> 00:03:26,919 Speaker 2: the significance and that you can't keep us down. That 66 00:03:27,000 --> 00:03:30,239 Speaker 2: the firm of Cannifitzgerald will show. We had two thousand 67 00:03:30,320 --> 00:03:33,560 Speaker 2: people back then, dropped below a thousand after nine to 68 00:03:33,560 --> 00:03:36,280 Speaker 2: eleven because we had you know, we had divisions with 69 00:03:36,360 --> 00:03:39,000 Speaker 2: only two people in it. Every time you hear it cheer, 70 00:03:39,080 --> 00:03:41,320 Speaker 2: that means we're just doing trades raising money for charity. 71 00:03:41,360 --> 00:03:45,240 Speaker 2: But we just kept growing and building. Now we have 72 00:03:45,400 --> 00:03:49,160 Speaker 2: fifteen thousand people in the group around the world. We've 73 00:03:49,160 --> 00:03:54,560 Speaker 2: got Newmark, fantastic company, Canifitzgerald and then BGC where I'm 74 00:03:54,600 --> 00:03:58,760 Speaker 2: sitting right now, and these companies just they all donate 75 00:03:58,840 --> 00:04:02,280 Speaker 2: everything to charity, keeping it alive, improving. You just can't 76 00:04:02,360 --> 00:04:04,600 Speaker 2: keep America down, and you surely can't keep can of 77 00:04:04,640 --> 00:04:05,160 Speaker 2: for Cherylden. 78 00:04:05,600 --> 00:04:08,160 Speaker 3: Yeah. Absolutely. And the fact that you've done this for 79 00:04:08,240 --> 00:04:12,160 Speaker 3: now twenty two years and have raised I believe what 80 00:04:12,160 --> 00:04:14,760 Speaker 3: a total three hundred and eighty million that doesn't include today. 81 00:04:14,840 --> 00:04:19,279 Speaker 3: So some astronomical numbers here, Can you take us back 82 00:04:19,320 --> 00:04:23,560 Speaker 3: for a moment, just to recount how you felt and 83 00:04:23,640 --> 00:04:25,920 Speaker 3: what you went through the day of nine to eleven, because, 84 00:04:25,960 --> 00:04:27,919 Speaker 3: as you mentioned, there are a lot of younger people 85 00:04:27,920 --> 00:04:30,800 Speaker 3: who didn't hear the story's firsthand, and I think it's 86 00:04:30,800 --> 00:04:33,080 Speaker 3: important for them to understand how this is not just 87 00:04:33,120 --> 00:04:35,080 Speaker 3: something that happened to your firm, but to your family 88 00:04:35,120 --> 00:04:35,560 Speaker 3: as well. 89 00:04:37,400 --> 00:04:39,680 Speaker 2: So I was I was taking my son to his 90 00:04:39,760 --> 00:04:44,480 Speaker 2: first day of kindergarten, and his kindergarten started on ninetieth 91 00:04:44,480 --> 00:04:47,120 Speaker 2: Street in Manhattan. So you know, he had a little 92 00:04:47,160 --> 00:04:49,520 Speaker 2: backpack on and we took a picture. In those days, 93 00:04:49,520 --> 00:04:52,120 Speaker 2: they would put the time of the picture and that 94 00:04:52,360 --> 00:04:54,680 Speaker 2: the picture was two minutes before the first plane hit. 95 00:04:55,200 --> 00:04:58,160 Speaker 2: And so I got a call and they set a 96 00:04:58,200 --> 00:05:00,640 Speaker 2: plane hit the building. So I raced down to the 97 00:05:00,640 --> 00:05:03,520 Speaker 2: building and started grabbing people as they came out because 98 00:05:03,520 --> 00:05:05,800 Speaker 2: I was at one door, but the World Trade Center 99 00:05:05,880 --> 00:05:07,760 Speaker 2: had many, many doors, and I figured if one of 100 00:05:07,800 --> 00:05:09,560 Speaker 2: my people came out of this door, they had come 101 00:05:09,560 --> 00:05:12,400 Speaker 2: out of all the other doors. But unfortunately, the highest 102 00:05:12,400 --> 00:05:15,840 Speaker 2: floor I heard someone from was the ninety second floor. 103 00:05:16,279 --> 00:05:20,000 Speaker 2: Then the building collapsed. I ran for my life and 104 00:05:20,279 --> 00:05:22,400 Speaker 2: I ended up, you know, diving under a car, and 105 00:05:22,680 --> 00:05:25,279 Speaker 2: you've all seen that sort of tornado of black smoke 106 00:05:25,560 --> 00:05:27,840 Speaker 2: while I was stuck in that black smoke. And then 107 00:05:27,839 --> 00:05:31,840 Speaker 2: I wandered. I wandered uptown until people were clean. When 108 00:05:31,880 --> 00:05:34,400 Speaker 2: I called, you know, someone was on a payphone and 109 00:05:34,440 --> 00:05:36,800 Speaker 2: I went to the front of the line and they 110 00:05:36,800 --> 00:05:38,560 Speaker 2: looked at me like I was a ghost because I 111 00:05:38,640 --> 00:05:41,200 Speaker 2: was just covered in soot. And I called my wife 112 00:05:41,240 --> 00:05:44,159 Speaker 2: to tell her I was alive. My brother Gary was 113 00:05:44,160 --> 00:05:46,679 Speaker 2: in the building, he was thirty six. My best friend 114 00:05:46,680 --> 00:05:48,359 Speaker 2: Doug was in the building. He's thirty nine. I have 115 00:05:48,440 --> 00:05:52,919 Speaker 2: dinner with his wife every year since then. They just 116 00:05:52,960 --> 00:05:56,599 Speaker 2: we feel most comfortable together. So this was personal. We 117 00:05:56,760 --> 00:06:00,000 Speaker 2: hired all of our friends. We hired people we cared about. 118 00:06:00,160 --> 00:06:01,839 Speaker 2: And that was the rule for the whole firm, not 119 00:06:01,880 --> 00:06:04,160 Speaker 2: only for me, but all of our employees. Let's go 120 00:06:04,240 --> 00:06:07,040 Speaker 2: hire people we like. Let's go hire people we care about. 121 00:06:07,320 --> 00:06:10,599 Speaker 2: And so if you lost everybody you work with, you 122 00:06:10,640 --> 00:06:13,279 Speaker 2: know what you would do. You would cry. And I cried. 123 00:06:14,040 --> 00:06:17,440 Speaker 2: I cried every day for years and years, because these 124 00:06:17,839 --> 00:06:20,640 Speaker 2: were people you love. You love the people you work with. 125 00:06:20,920 --> 00:06:22,400 Speaker 2: You just don't think about it that way. 126 00:06:23,400 --> 00:06:27,640 Speaker 3: Well, you've turned something a tragedy, into something much better, 127 00:06:27,960 --> 00:06:30,480 Speaker 3: something stronger, something that gives back. We appreciate you. Howard 128 00:06:30,560 --> 00:06:33,480 Speaker 3: Lutnik the termanancy of Canter Fitzgerald on this nine to 129 00:06:33,520 --> 00:06:35,200 Speaker 3: eleven charity day for the firm,