Howard Lutnick Quotes


In 1997, clients balked at self-ordering. They thought it was beneath them. But in 1998, a sea change in perception came, thanks to the rise of the Net and online trading. The concept of doing it yourself was not crazy.


Citations

Lutnick, Howard. Interview. Forbes, 2000.

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In the1969 mission to the moon, the lunar module control computer flashed a Program Alarm warning message, and the Mission Control officer Steve Bates, with less than 30 seconds to go, had to make a decision whether to abort the module landing or continue. He spoke to Garman, who concluded that since the message did not repeat, that the message was most likely a spurious message—a false alarm. German told him to go ahead when most others wanted to abort. As Garman was the most familiar staff member with the software, Bates followed his lead and continued the landing. Garman was right and he became known as “The Man who saved the Moon Landing”.


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  • Born: July 14, 1961
  • Nationality: American
  • Profession: Chairman & CEO, Cantor Fitzgerald, Chairman & CEO, BGC Partners

Howard William Lutnick is an American billionaire businessman, who succeeded Bernard Gerald Cantor as the head of Cantor Fitzgerald. Lutnick is the chairman and CEO of Cantor Fitzgerald and BGC Partners. After losing 658 employees, including his brother, in the September 11 attacks, Lutnick has become known for his charity efforts through the Cantor Fitzgerald Relief Fund, which helps to aid families of the attacks and natural disasters.