At 9:06am EDT on 9/11/01, the first plane flew into the North Tower of the World Trade Center. I had come into the office early on the West Coast and a trader said that a plane had flown into the North Tower. I said it had to be a private plane as no planes are allowed to fly over Manhattan. She had heard from Cantor Fitzgeralds’s office in L.A. and that it definitely was a commercial jet. In disbelief, I switched my screen to Bloomberg TV. Almost immediately, I saw the second plane bank and come around and into the South Tower. It was horrifying and mesmerizing.
Later, we heard about the Pennsylvania crash thanks to the heroics of a few passengers, and then the one that hit the Pentagon. It was a horrifying day. I watched a trading screen go blank and a woman who covered me from the firm was not heard from for two weeks. Unlike Cantor, on the 102nd floor, that lost 658 people that day, TradeWeb lost none due to being lower in the building and a manager who told them to leave immediately. She said she could see the building from her apartment and it was a beautiful day which ended with her walking home across the Brooklyn Bridge with the WTC behind her. Every morning she had to look at the rubble of a once beautiful skyline. She was suffering from PTSD.
Last Sunday, I heard a man saying he and his family were on the way to Windows On The World for breakfast and close to going in the building. He could hardly finish his statement. Last year, I had breakfast with Kevin Zraly who managed WOTW. He was late to work that day and arrived shortly after the plane struck. He was in charge of the wine cellar and is one of the most knowledgeable people I know on wine. He suffered PTSD from his guilt that all of his employees died that day and he should have been with them. It took years of therapy during which he couldn’t even look at a glass of wine. He is better now but still has flashbacks.
This is one of the events I remember vividly. I also remember JFK’s assassination, then watching Jack Ruby assassinate Lee Harvey Oswald while in custody, the assassination of Bobby Kennedy. Some things just stick with you…sadly.
Make the most of each day…it might be your last!
Trader Bill
Copyright 9/11/19