How 9/11 shaped the man behind Trump's tariffs
If You're Listening
- Published
- September 11, 2026
- Duration
- 25:00
- Summary source
- description
- Last updated
- Sep 13, 2026
Discusses On September 11, 2001, Howard Lutnick's firm Cantor Fitzgerald lost 658 employees, including his bro…
Summary
On September 11, 2001, Howard Lutnick's firm Cantor Fitzgerald lost 658 employees, including his brother and best friend, when the World Trade Center collapsed. Days later, he became a national pariah for cutting off their salaries, a gamble to keep the company alive long enough to eventually give their families a quarter of its future profits. It worked.…
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Show notes
On September 11, 2001, Howard Lutnick's firm Cantor Fitzgerald lost 658 employees, including his brother and best friend, when the World Trade Center collapsed. Days later, he became a national pariah for cutting off their salaries, a gamble to keep the company alive long enough to eventually give their families a quarter of its future profits. It worked. Twenty five years on, that same billionaire is Donald Trump's Commerce Secretary, and the man driving his global tariff war. Lutnick's busines