Liability Risk and Insurance
Cantor lambasts fund
Cantor Fitzgerald, the hardest hit firm in the Twin Towers with the loss of 658 employees, has prepared a report criticising
the federal fund as unfair and providing families with hundreds of millions of dollars less than they are due. It also contends
that it violates several federal laws, by setting an upper limit on awards and by basing awards on after-tax projections of
lost income, thus reducing payments by at least one third.