"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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Businesspeople from the United StatesPeople from New York (state)Jews from the United StatesRepublican Party (United States) politiciansUnited States Secretaries of Commerce
Original Language: English
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Sources
"CEO Howard Lutnick Remembers Sept. 11: How His Company Survived After Great Personal Loss" in NPR (11 September 2016)
https://en.wikiquote.org/wiki/Howard_Lutnick
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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, and was an associate of the late financier Jeff Epstein.
17 quotes on TrueQuotesView all quotes by Howard Lutnick →
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