Cantor Fitzgerald Dontales $10 Million to Sandy Relief

There is something to be said about those who have gone before helping those who are in the midst. This is the scene that is being played out with the brokerage firm Cantor Fitzgerald and those who have suffered through the effects of Hurricane Sandy. The New York City based brokerage firm lost 658 employees in the Sept. 11 terror attacks. After their lengthy rebuilding period, they know what it is like to hurt, to mourn, and to feel a tremendous loss.

Because of this, Cantor Fitzgerald has announced that it will “adopt” 19 schools in communities hit hard by Superstorm Sandyand will give each family in those schools $1,000 to spend as they see fit. The company along with its relief fund and its affiliate BGC Partners will donate a total of $10 million to the families in Brooklyn, Queens, Staten Island, Long Island and New Jersey. Cantor Fitzgerald CEO Howard Lutnick said each family will receive a debit card with $1,000 on it.

Joseph Byrne Recent Columns | E-Mail Joseph Byrne is a writer for the Long Island Yellow Pages Business News section. If you have a press release that you'd like to share please send it to joeb@longislandyellowpages.com Also Read: Long Island Business Awarded Contract Worth up to $85M Long Beach Medical Center Looks for Reopening After Sandy Damage Owner of Southampton Inn Named Long Island CFO of the Year Action Being Urged by New York Senators on Hurricane Sandy Bill

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