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A change for the better

Howard Lutnick says Cantor Fitzgerald’s macho ethos has changed for the better since September 11.

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At Cantor Fitzgerald, “only money makes the world go round”. Or so argued a lawyer for Cantor Fitzgerald’s former global head of interest rate derivatives, Steven Horkulak, in a London court in June when he successfully sued the broker for constructive dismissal – a UK legal euphemism for forcing someone to resign from his job.

Press coverage of the case invariably focused on, in Horkulak’s words

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