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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRead about the Company where Pres Obama will give his speech....
Why Obama SHOULD Make That Speech - And Take The Paycheck For It Too
http://www.dailykos.com/stories/2017/4/28/1657222/-Why-Obama-SHOULD-Make-That-Speech-And-Take-The-Paycheck-For-It-Too
By MaureenMower
Friday Apr 28, 2017 · 4:36 PM CST
.......................
2 Cantor Fitzgerald survived both losing the largest single number of employees (658) of any company with offices in the World Trade Center on 9/11 and they also survived the financial crisis because they were NOT engaging in the same reckless behavior as the other financial firms (like Lehman, AIG, et al).
Moreover, Cantor Fitzgerald has done a great deal of philanthropic work in honor of their lost employees. Along with keeping a promise to use 25% of ALL profits they earned for the next 5 years to provide money to each of the original 658 families, they also promised to cover the health insurance costs for those families for 10 years. On top of this, they have continued the legacy of those lost employees, by making charitable donations to help the victims of Hurricane Sandy and of a huge tornado, as well as other acts of kindness.
So Obama, now a PRIVATE CITIZEN, is giving a speech to a firm that survived a horrible tragedy that has impacted life in America in uncountable ways ever since, and who turned their pain into positive action by not only taking care of their own, but helping others as well. They have also recovered as a company, avoided the worst behaviors that led to the 2008 financial crisis (actually profiting in a year when so many larger investment firms folded and hiring when thousands were being laid off), and continue to invest in smart ways (one current project involves connecting people with their own local mom & pop shops).
Basically, Obama is being paid to give a speech to the ONE company on Wall Street that no one should be criticizing. Oh, and by the way hes giving this speech at their annual healthcare conference a subject that Obama cares deeply about and will forever be associated with since his signature healthcare legislation has been dubbed Obamacare. Its also an issue that Cantor Fitzgerald championed even while still reeling from the losses they suffered on 9/11, by promising to cover the health care of the families of their lost employees for 10 years!!.................
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Read about the Company where Pres Obama will give his speech.... (Original Post)
riversedge
Apr 2017
OP
WhiteTara
(29,722 posts)1. Well, he should just give that speech for free
Sculpin Beauregard
(1,046 posts)2. OBAMA IS NO LONGER A POLITICIAN. HE IS A PRIVATE CITIZEN.
🤦♂️
riversedge
(70,299 posts)6. I think that is one of the best agruments
delisen
(6,044 posts)3. Not all corporations/financial companies are alike.
Pres.Obama seems to have chosen carefully.
Sanders speaks before he thinks things through.
lostnfound
(16,189 posts)4. Cornerback Joe Haden, $48,000 per minute of game time.