Dozens of investment firm employees killed during 9/11 attack | 60 Minutes Archive

60 Minutes rewind. 60 Minutes rewind. >> There was nothing random about the acts >> There was nothing random about the acts >> There was nothing random about the acts of terrorism against the World Trade of terrorism against the World Trade of terrorism against the World Trade Center. The Twin Towers were not just Center. The Twin Towers were not just Center. The Twin Towers were not just symbols of American finance. The people symbols of American finance. The people symbols of American finance. The people who worked there were at the very heart who worked there were at the very heart who worked there were at the very heart of it. Like the small investment banking of it. Like the small investment banking of it. Like the small investment banking firm of Sandler O'Neal. Its headquarters firm of Sandler O'Neal. Its headquarters firm of Sandler O'Neal. Its headquarters were on the 104th floor of Tower 2. But were on the 104th floor of Tower 2. But were on the 104th floor of Tower 2. But its roots were in the very heart of its roots were in the very heart of its roots were in the very heart of America. Its business was providing America. Its business was providing America. Its business was providing financial expertise and services to financial expertise and services to financial expertise and services to small and medium-sized banks and savings small and medium-sized banks and savings small and medium-sized banks and savings and loans all across the country. They and loans all across the country. They and loans all across the country. They had friends in places like Wayne, New had friends in places like Wayne, New had friends in places like Wayne, New Jersey, Sous City, Iowa, and Santa Jersey, Sous City, Iowa, and Santa Jersey, Sous City, Iowa, and Santa Barbara, California. Of Sandler O'Neal's Barbara, California. Of Sandler O'Neal's Barbara, California. Of Sandler O'Neal's 171 employees, 83 reported for work at 171 employees, 83 reported for work at 171 employees, 83 reported for work at the World Trade Center on the morning of the World Trade Center on the morning of the World Trade Center on the morning of September 11th. Only 17 made it out September 11th. Only 17 made it out September 11th. Only 17 made it out alive. For the people of Sandler O'Neal, alive. For the people of Sandler O'Neal, alive. For the people of Sandler O'Neal, continuing their business is every bit continuing their business is every bit continuing their business is every bit as important and symbolic as the act as important and symbolic as the act as important and symbolic as the act that almost ended it. We were allowed to that almost ended it. We were allowed to that almost ended it. We were allowed to join them a few days after the disaster join them a few days after the disaster join them a few days after the disaster in their small Midtown office where in their small Midtown office where in their small Midtown office where Sandler O'Neal had first come to Sandler O'Neal had first come to Sandler O'Neal had first come to regroup, hiring crisis counselors and regroup, hiring crisis counselors and regroup, hiring crisis counselors and therapists, searching hospitals, and therapists, searching hospitals, and therapists, searching hospitals, and trying to console and help the families trying to console and help the families trying to console and help the families of friends and colleagues who were dead of friends and colleagues who were dead of friends and colleagues who were dead or missing.

or missing. or missing. >> Hey, Billy. Bill Hickey, >> Hey, Billy. Bill Hickey, >> Hey, Billy. Bill Hickey, >> how you doing, buddy? >> how you doing, buddy? >> how you doing, buddy? >> Hey, I just wanted to say hello and see >> Hey, I just wanted to say hello and see >> Hey, I just wanted to say hello and see if uh if I could do anything for you, if uh if I could do anything for you, if uh if I could do anything for you, buddy. buddy. buddy. >> The bankers and brokers and analysts had >> The bankers and brokers and analysts had >> The bankers and brokers and analysts had all worked the phones before, but never all worked the phones before, but never all worked the phones before, but never in a situation like this. in a situation like this. in a situation like this. >> It's going to be hard for all, but you >> It's going to be hard for all, but you >> It's going to be hard for all, but you got to let me know if there's anything got to let me know if there's anything got to let me know if there's anything at all they can do for you. at all they can do for you. at all they can do for you. >> But they couldn't give people the two >> But they couldn't give people the two >> But they couldn't give people the two things they wanted to hear. Good news or things they wanted to hear. Good news or things they wanted to hear. Good news or hard information. I've already touched hard information. I've already touched hard information. I've already touched base today with Wright, Clark, Edwards, base today with Wright, Clark, Edwards, base today with Wright, Clark, Edwards, Collins, Wiznowski, and Brent. Collins, Wiznowski, and Brent. Collins, Wiznowski, and Brent. >> Okay. >> Okay. >> Okay. >> Okay. >> Okay. >> Okay. >> The names and the families went on and >> The names and the families went on and >> The names and the families went on and on. Partners, assistants, researchers, on. Partners, assistants, researchers, on. Partners, assistants, researchers, clerks, rain makers, and number clerks, rain makers, and number clerks, rain makers, and number crunchers. crunchers. crunchers. >> I've made contact today with uh Doug >> I've made contact today with uh Doug >> I've made contact today with uh Doug Urgang's mom, Urgang's mom, Urgang's mom, uh David Rice's uh the guy who uh David Rice's uh the guy who uh David Rice's uh the guy who identified David Rice's body for Richard identified David Rice's body for Richard identified David Rice's body for Richard Vonfeld. Yeah. I've spoken to Chris Vonfeld. Yeah. I've spoken to Chris Vonfeld. Yeah. I've spoken to Chris Newton Carter's wife at length, Newton Carter's wife at length, Newton Carter's wife at length, >> right? >> right? >> right? >> And uh >> And uh >> And uh >> I I was with Patty Rosen this morning.

>> I I was with Patty Rosen this morning. >> I I was with Patty Rosen this morning. >> Okay. >> Okay. >> Okay. >> Were you? >> Were you? >> Were you? >> Yeah. >> Yeah. >> Yeah. >> How's she doing? >> How's she doing? >> How's she doing? >> She helped me more than I helped up. >> She helped me more than I helped up. >> She helped me more than I helped up. >> Sandra O'Neal's strongest asset had >> Sandra O'Neal's strongest asset had >> Sandra O'Neal's strongest asset had always been its people and the always been its people and the always been its people and the experience that comes with highly experience that comes with highly experience that comes with highly trained employees who understood the trained employees who understood the trained employees who understood the company's business and had personal company's business and had personal company's business and had personal relationships with its customers. But as relationships with its customers. But as relationships with its customers. But as each day passed, it had become apparent each day passed, it had become apparent each day passed, it had become apparent that much of that intellectual and human that much of that intellectual and human that much of that intellectual and human capital had been depleted. capital had been depleted. capital had been depleted. >> If they're having trouble identifying, >> If they're having trouble identifying, >> If they're having trouble identifying, then we'll start having the parents go then we'll start having the parents go then we'll start having the parents go down for the DNA. down for the DNA. down for the DNA. >> Okay? >> Okay? >> Okay? >> And then I'll print out and list the >> And then I'll print out and list the >> And then I'll print out and list the order of how the siblings and who they order of how the siblings and who they order of how the siblings and who they want to go first for DNA samples. But want to go first for DNA samples. But want to go first for DNA samples. But right now, if we can get people to send right now, if we can get people to send right now, if we can get people to send stuff over like with scars, shoe size, stuff over like with scars, shoe size, stuff over like with scars, shoe size, blood type, um, inscriptions of wedding blood type, um, inscriptions of wedding blood type, um, inscriptions of wedding band. As the grim reality set in, the band. As the grim reality set in, the band. As the grim reality set in, the job of resurrecting Sandler O'Neal had job of resurrecting Sandler O'Neal had job of resurrecting Sandler O'Neal had fallen on the shoulders of its fallen on the shoulders of its fallen on the shoulders of its 44year-old managing partner, Jimmy Dunn. 44year-old managing partner, Jimmy Dunn. 44year-old managing partner, Jimmy Dunn. >> Well, uh, you know, it's, uh, I'm sad, >> Well, uh, you know, it's, uh, I'm sad, >> Well, uh, you know, it's, uh, I'm sad, but focused. His company had lost its but focused. His company had lost its but focused. His company had lost its entire communication system, nearly entire communication system, nearly entire communication system, nearly every piece of paper, a third of its every piece of paper, a third of its every piece of paper, a third of its people, not to mention two of his best people, not to mention two of his best people, not to mention two of his best friends and top executives, senior friends and top executives, senior friends and top executives, senior managing partner Herman Sandler and managing partner Herman Sandler and managing partner Herman Sandler and Chris Quackenbush, the man who ran the Chris Quackenbush, the man who ran the Chris Quackenbush, the man who ran the investment banking business.

investment banking business. investment banking business. >> It was just incredible that that 66 >> It was just incredible that that 66 >> It was just incredible that that 66 people could be missing and nothing people could be missing and nothing people could be missing and nothing nothing just like they were gone. That 21 just like they were gone. That 21 Sandler. Sandler. Sandler. >> Just four days after the attack, the >> Just four days after the attack, the >> Just four days after the attack, the survivors at Sandler O'Neal had already survivors at Sandler O'Neal had already survivors at Sandler O'Neal had already moved into temporary quarters given to moved into temporary quarters given to moved into temporary quarters given to them by Bank of America. Brokerage them by Bank of America. Brokerage them by Bank of America. Brokerage houses and investment banks, competitors houses and investment banks, competitors houses and investment banks, competitors in what had been the cutthroat world of in what had been the cutthroat world of in what had been the cutthroat world of Wall Street Finance offered equipment, Wall Street Finance offered equipment, Wall Street Finance offered equipment, people, and services, whatever Sandler people, and services, whatever Sandler people, and services, whatever Sandler O'Neal needed to stay alive. O'Neal needed to stay alive. O'Neal needed to stay alive. >> And so we're here and we're doing >> And so we're here and we're doing >> And so we're here and we're doing business. By Monday morning, with the business. By Monday morning, with the business. By Monday morning, with the market set to reopen, they were moved in market set to reopen, they were moved in market set to reopen, they were moved in and ready to go. In spite of the fact and ready to go. In spite of the fact and ready to go. In spite of the fact that most of their stock traders were that most of their stock traders were that most of their stock traders were among the missing, Terry Maltise, who among the missing, Terry Maltise, who among the missing, Terry Maltise, who had run another division of the company, had run another division of the company, had run another division of the company, moved in and took charge. moved in and took charge. moved in and took charge. >> This has been a horrible week, as >> This has been a horrible week, as >> This has been a horrible week, as everybody knows. everybody knows. everybody knows. And And And it's amazing what's happened, and it's it's amazing what's happened, and it's it's amazing what's happened, and it's amazing everything we've had to do. And amazing everything we've had to do. And amazing everything we've had to do. And I'm very proud of everything we have I'm very proud of everything we have I'm very proud of everything we have done here.

done here. done here. I'm more sad about everything we've lost I'm more sad about everything we've lost I'm more sad about everything we've lost and that we had to do this. Talking to and that we had to do this. Talking to and that we had to do this. Talking to the families was the worst thing. We've the families was the worst thing. We've the families was the worst thing. We've got a lot of distraught families, a lot got a lot of distraught families, a lot got a lot of distraught families, a lot of people that are very upset. People of people that are very upset. People of people that are very upset. People don't know what they're going to do. Uh don't know what they're going to do. Uh don't know what they're going to do. Uh and a lot of kids and and wives missing and a lot of kids and and wives missing and a lot of kids and and wives missing their husbands. Um a few days ago, we their husbands. Um a few days ago, we their husbands. Um a few days ago, we started collecting DNA here. Uh these started collecting DNA here. Uh these started collecting DNA here. Uh these are things I never thought any of us are things I never thought any of us are things I never thought any of us would do. Um would do. Um would do. Um we've done them. We're going to continue we've done them. We're going to continue we've done them. We're going to continue to do every single thing we can do for to do every single thing we can do for to do every single thing we can do for the families for as long as it takes. the families for as long as it takes. the families for as long as it takes. But in order to do that, one of the But in order to do that, one of the But in order to do that, one of the things we need to do is we need to be in things we need to do is we need to be in things we need to do is we need to be in business. So today, we're in business. business. So today, we're in business. business. So today, we're in business. And it is going to work. We have no And it is going to work. We have no And it is going to work. We have no choice. Okay? We're going to do this and choice. Okay? We're going to do this and choice. Okay? We're going to do this and we're going to do it because not doing we're going to do it because not doing we're going to do it because not doing it is not going to be an option. And it is not going to be an option. And it is not going to be an option. And people want to do business with us. people want to do business with us. people want to do business with us. We've got several firms that are working We've got several firms that are working We've got several firms that are working for us for free. I spoke to Trident for us for free. I spoke to Trident for us for free. I spoke to Trident yesterday and asked them if they could yesterday and asked them if they could yesterday and asked them if they could do something for us where we would split do something for us where we would split do something for us where we would split commissions of business we route through commissions of business we route through commissions of business we route through them. They said the only way they would them. They said the only way they would them. They said the only way they would do it is if the split is zero for them do it is if the split is zero for them do it is if the split is zero for them and all for us. Everybody wants to help and all for us. Everybody wants to help and all for us. Everybody wants to help us. So we can't not do this and we will us. So we can't not do this and we will us. So we can't not do this and we will do this. At 9:00 last Tuesday morning, do this. At 9:00 last Tuesday morning, do this. At 9:00 last Tuesday morning, Frankie and Bruce were standing at their Frankie and Bruce were standing at their Frankie and Bruce were standing at their desk waiting for the market to open desk waiting for the market to open desk waiting for the market to open so they could trade. The market never so they could trade. The market never so they could trade. The market never opened and they never got to make those opened and they never got to make those opened and they never got to make those trades.

The market is going to open today and The market is going to open today and we're going to make those trades. Yes, we're going to make those trades. Yes, we're going to make those trades. Yes, our friends are gone. The desk is gone. our friends are gone. The desk is gone. our friends are gone. The desk is gone. We're here and make no mistake, Bruce We're here and make no mistake, Bruce We're here and make no mistake, Bruce and Frankie are here and they're and Frankie are here and they're and Frankie are here and they're watching us and we're not going to watching us and we're not going to watching us and we're not going to disappoint them. disappoint them. disappoint them. And Herman's watching us and Herman, he And Herman's watching us and Herman, he And Herman's watching us and Herman, he knows we can do this. So very simply, knows we can do this. So very simply, knows we can do this. So very simply, we're going to do this. we're going to do this. we're going to do this. >> As they waited for the first opening >> As they waited for the first opening >> As they waited for the first opening bell in 6 days, the employees of Sandler bell in 6 days, the employees of Sandler bell in 6 days, the employees of Sandler O'Neal along with the rest of the O'Neal along with the rest of the O'Neal along with the rest of the financial community stopped and prayed financial community stopped and prayed financial community stopped and prayed before returning to business. [applause] [applause] [cheering] [cheering] [cheering] >> All right, we're open. >> All right, we're open. >> All right, we're open. >> They quickly discovered that there were >> They quickly discovered that there were >> They quickly discovered that there were lots of things that needed to be worked lots of things that needed to be worked lots of things that needed to be worked out. out. out. >> Phones aren't working. What is with >> Phones aren't working. What is with >> Phones aren't working. What is with these phones? these phones? these phones? >> Guys, pick up all your lines. Press on >> Guys, pick up all your lines. Press on >> Guys, pick up all your lines. Press on the red ones and hang them up. the red ones and hang them up. the red ones and hang them up. >> We're having a look. We got a really big >> We're having a look. We got a really big >> We're having a look. We got a really big problem here. Nobody is on our lines and problem here. Nobody is on our lines and problem here. Nobody is on our lines and they're all lit up. they're all lit up. they're all lit up. >> You know what, Mark? You're going to >> You know what, Mark? You're going to >> You know what, Mark? You're going to have to use that. Is that phone good?

have to use that. Is that phone good? have to use that. Is that phone good? >> Yeah, we got we got >> Yeah, we got we got >> Yeah, we got we got >> Take that phone. >> Take that phone. >> Take that phone. That's my phone. That's my phone. That's my phone. >> We We'd love to get an order somehow >> We We'd love to get an order somehow >> We We'd love to get an order somehow some way. some way. some way. >> The phone crisis was solved within >> The phone crisis was solved within >> The phone crisis was solved within several hours, but that was not the several hours, but that was not the several hours, but that was not the company's biggest problem. There was a company's biggest problem. There was a company's biggest problem. There was a rumor of Foot on Wall Street mistakenly rumor of Foot on Wall Street mistakenly rumor of Foot on Wall Street mistakenly reported that Sandler O'Neal had reported that Sandler O'Neal had reported that Sandler O'Neal had suspended operations. So Jimmy Dunn, who suspended operations. So Jimmy Dunn, who suspended operations. So Jimmy Dunn, who had never done an interview before, went had never done an interview before, went had never done an interview before, went live on CNBC to let his clients and the live on CNBC to let his clients and the live on CNBC to let his clients and the financial community know that Sandler financial community know that Sandler financial community know that Sandler O'Neal was up and running and here to O'Neal was up and running and here to O'Neal was up and running and here to stay. stay. stay. >> You know, we don't, you know, write >> You know, we don't, you know, write >> You know, we don't, you know, write songs. We don't write novels. We're Wall songs. We don't write novels. We're Wall songs. We don't write novels. We're Wall Street people. We're going to respond as Street people. We're going to respond as Street people. We're going to respond as we know how. we know how. we know how. >> And respond they did. The attack had not >> And respond they did. The attack had not >> And respond they did. The attack had not only wiped out most of the firm's only wiped out most of the firm's only wiped out most of the firm's computer system. The two people in the computer system. The two people in the computer system. The two people in the technology support division who would technology support division who would technology support division who would have known how to fix it were among the have known how to fix it were among the have known how to fix it were among the missing. missing. missing. >> We have no record of the deals and you >> We have no record of the deals and you >> We have no record of the deals and you know that we've done this year. know that we've done this year. know that we've done this year. >> Well, who the hell knows? >> Well, who the hell knows? >> Well, who the hell knows? >> But does he have it? >> But does he have it? >> But does he have it? >> Does he have it? I don't know what >> Does he have it? I don't know what >> Does he have it? I don't know what records.

records. records. So, a group of programmers and software So, a group of programmers and software So, a group of programmers and software specialists who worked for an old specialists who worked for an old specialists who worked for an old college roommate of Jimmy Dunn drove all college roommate of Jimmy Dunn drove all college roommate of Jimmy Dunn drove all night from Chicago to pitch in and got night from Chicago to pitch in and got night from Chicago to pitch in and got most of the system up before the markets most of the system up before the markets most of the system up before the markets reopened. reopened. reopened. >> But no one from the outside could help >> But no one from the outside could help >> But no one from the outside could help the shell shocked employees of Sandler the shell shocked employees of Sandler the shell shocked employees of Sandler O'Neal with their grief. O'Neal with their grief. O'Neal with their grief. >> Funeral was >> Funeral was >> Funeral was >> I know brutal. >> I know brutal. >> I know brutal. >> It was brutal. I talked to his >> It was brutal. I talked to his >> It was brutal. I talked to his grandmother and yeah, grandmother and yeah, grandmother and yeah, >> she was reliving all the stories and >> she was reliving all the stories and >> she was reliving all the stories and started cry, you know, what are you started cry, you know, what are you started cry, you know, what are you going to do? going to do? going to do? >> We're going to get through it. That's >> We're going to get through it. That's >> We're going to get through it. That's what we're going to do. what we're going to do. what we're going to do. >> Across the front of the office on >> Across the front of the office on >> Across the front of the office on spreadsheets normally used to report spreadsheets normally used to report spreadsheets normally used to report sales and earnings was a long list of sales and earnings was a long list of sales and earnings was a long list of funerals, wakes, and memorial services. funerals, wakes, and memorial services. funerals, wakes, and memorial services. And Jimmy Dunn was determined that there And Jimmy Dunn was determined that there And Jimmy Dunn was determined that there would be Sandler O'Neal partners at all would be Sandler O'Neal partners at all would be Sandler O'Neal partners at all of them. Oh god. of them. Oh god. of them. Oh god. >> My best friends on uh Saturday >> My best friends on uh Saturday >> My best friends on uh Saturday and a guy that we were in the same and a guy that we were in the same and a guy that we were in the same summer house with 20 years ago for 6 summer house with 20 years ago for 6 summer house with 20 years ago for 6 years is the same day, same time. And years is the same day, same time. And years is the same day, same time. And then a great friend of mine's that then a great friend of mine's that then a great friend of mine's that morning. So I'll be both of those and morning. So I'll be both of those and morning. So I'll be both of those and Hermans is on Monday. So yes, Hermans is on Monday. So yes, Hermans is on Monday. So yes, I will miss him every day for the rest I will miss him every day for the rest I will miss him every day for the rest of my life.

of my life. of my life. The services have been heart-rending, The services have been heart-rending, The services have been heart-rending, exhausting, and relentless in their exhausting, and relentless in their exhausting, and relentless in their sheer numbers, two and three a day, well sheer numbers, two and three a day, well sheer numbers, two and three a day, well into the month of October. into the month of October. into the month of October. >> The battered firm has pledged to >> The battered firm has pledged to >> The battered firm has pledged to continue paying the salaries of its lost continue paying the salaries of its lost continue paying the salaries of its lost employees at least through the end of employees at least through the end of employees at least through the end of the year, plus bonuses and family the year, plus bonuses and family the year, plus bonuses and family benefits until 2006. A foundation has benefits until 2006. A foundation has benefits until 2006. A foundation has been set up for long-term assistance. been set up for long-term assistance. been set up for long-term assistance. But whatever they do, founding partners But whatever they do, founding partners But whatever they do, founding partners Fred Price and Tom O'Neal, the O'Neal Fred Price and Tom O'Neal, the O'Neal Fred Price and Tom O'Neal, the O'Neal and Sandler O'Neal, say it can never be and Sandler O'Neal, say it can never be and Sandler O'Neal, say it can never be enough. You enough. You enough. You >> talk to a father who's lost his second >> talk to a father who's lost his second >> talk to a father who's lost his second son through this tragedy. A mother who son through this tragedy. A mother who son through this tragedy. A mother who lost her son she adored who couldn't lost her son she adored who couldn't lost her son she adored who couldn't wait for his career to develop. Um, you wait for his career to develop. Um, you wait for his career to develop. Um, you know, a wife who just had a baby two know, a wife who just had a baby two know, a wife who just had a baby two months ago who lost her husband. months ago who lost her husband. months ago who lost her husband. >> It comes at you in waves. You know, >> It comes at you in waves. You know, >> It comes at you in waves. You know, you'll be sitting there and as long as I you'll be sitting there and as long as I you'll be sitting there and as long as I keep on moving, I'm all right. and you keep on moving, I'm all right. and you keep on moving, I'm all right. and you stop and you know it it's it's painful. stop and you know it it's it's painful. stop and you know it it's it's painful. Uh but if you say on on adrenaline I Uh but if you say on on adrenaline I Uh but if you say on on adrenaline I mean I think there's a I think you mean I think there's a I think you mean I think there's a I think you always work on adrenaline. I mean it's always work on adrenaline. I mean it's always work on adrenaline. I mean it's part of the business.

part of the business. part of the business. >> You hired a lot of young people. >> You hired a lot of young people. >> You hired a lot of young people. >> Yeah. We hire >> Yeah. We hire >> Yeah. We hire >> sons and daughters of of friends of >> sons and daughters of of friends of >> sons and daughters of of friends of yours. yours. yours. >> Absolutely. >> Absolutely. >> Absolutely. >> Has it made it harder for you the fact >> Has it made it harder for you the fact >> Has it made it harder for you the fact that some of your best that some of your best that some of your best >> Incredibly harder. >> Incredibly harder. >> Incredibly harder. I don't know that I'll do it anymore, I don't know that I'll do it anymore, I don't know that I'll do it anymore, frankly. But I mean, I I need to do it frankly. But I mean, I I need to do it frankly. But I mean, I I need to do it again because it was a good thing and again because it was a good thing and again because it was a good thing and it's, you know, I can't let, you know, it's, you know, I can't let, you know, it's, you know, I can't let, you know, fear I can't let them win. fear I can't let them win. fear I can't let them win. >> Everything all right? How we doing >> Everything all right? How we doing >> Everything all right? How we doing today? today? today? >> How's this guy doing? >> How's this guy doing? >> How's this guy doing? >> I want to go to the wake. >> I want to go to the wake. >> I want to go to the wake. >> Every day now seems to whipsaw between >> Every day now seems to whipsaw between >> Every day now seems to whipsaw between somber responsibilities and the somber responsibilities and the somber responsibilities and the professional celebrations that mark professional celebrations that mark professional celebrations that mark Sandler O'Neal's return to the street. Sandler O'Neal's return to the street. Sandler O'Neal's return to the street. So, congratulations, boys, on the job So, congratulations, boys, on the job So, congratulations, boys, on the job you did on the island here. you did on the island here. you did on the island here. >> First deal we announced after 911. >> First deal we announced after 911. >> First deal we announced after 911. >> And look at that date. >> And look at that date. >> And look at that date. >> All right. >> All right. >> All right. >> Hey, Billy Boy. Hey, you see this big >> Hey, Billy Boy. Hey, you see this big >> Hey, Billy Boy. Hey, you see this big man? man? man? >> Where's that date? >> Where's that date? >> Where's that date? >> September 18th. >> September 18th. >> September 18th. >> Where's that company? >> Where's that company? >> Where's that company? >> San O'Neal. Excellent. [laughter] >> San O'Neal. Excellent. [laughter] >> San O'Neal. Excellent. [laughter] >> That's a goddamn pretty thing, isn't it?

>> That's a goddamn pretty thing, isn't it? >> That's a goddamn pretty thing, isn't it? >> I'm about to go bid one on two blocks of >> I'm about to go bid one on two blocks of >> I'm about to go bid one on two blocks of 30 gold right now. They are doing some 30 gold right now. They are doing some 30 gold right now. They are doing some deals, holding on to their clients, and deals, holding on to their clients, and deals, holding on to their clients, and feeling confident enough to shop for feeling confident enough to shop for feeling confident enough to shop for permanent office space, rebuilding a permanent office space, rebuilding a permanent office space, rebuilding a company they built from scratch 13 years company they built from scratch 13 years company they built from scratch 13 years ago. ago. ago. >> We're going to need uh long-term >> We're going to need uh long-term >> We're going to need uh long-term quarters and uh you know, Herman Sandler quarters and uh you know, Herman Sandler quarters and uh you know, Herman Sandler was a superb real estate guy and and was a superb real estate guy and and was a superb real estate guy and and this you know, would not have been this you know, would not have been this you know, would not have been something that I would have known much something that I would have known much something that I would have known much about or been able to do very good at, about or been able to do very good at, about or been able to do very good at, but uh that that's changed now. Okay. We but uh that that's changed now. Okay. We but uh that that's changed now. Okay. We we have in the firm we have in the firm we have in the firm We had We had We had 70 people. We're going to We're going to 70 people. We're going to We're going to 70 people. We're going to We're going to be about 100 and we're going to grow. be about 100 and we're going to grow. be about 100 and we're going to grow. Okay. Okay. Okay. >> Stock's a little better. That is green. >> Stock's a little better. That is green. >> Stock's a little better. That is green. Green. I've not seen any of that. Green. I've not seen any of that. Green. I've not seen any of that. >> Got a couple greens. >> Got a couple greens. >> Got a couple greens. >> Got a couple greens. That's encouraging. >> Got a couple greens. That's encouraging. >> Got a couple greens. That's encouraging. >> If I didn't know and I just walked in >> If I didn't know and I just walked in >> If I didn't know and I just walked in here, I would have thought that you had here, I would have thought that you had here, I would have thought that you had been in these offices forever. been in these offices forever. been in these offices forever. >> Uh well, that's uh you know, we we we're >> Uh well, that's uh you know, we we we're >> Uh well, that's uh you know, we we we're like uh you know, to me, we're feel like like uh you know, to me, we're feel like like uh you know, to me, we're feel like we're at war. I mean they attacked we're at war. I mean they attacked we're at war. I mean they attacked United States of America. They attacked United States of America. They attacked United States of America. They attacked the capitalistic structure that we the capitalistic structure that we the capitalistic structure that we flourished under. They attacked our flourished under. They attacked our flourished under. They attacked our little firm and you know and they killed little firm and you know and they killed little firm and you know and they killed our friends. So we we have a low our friends. So we we have a low our friends. So we we have a low tolerance for the petty issues right tolerance for the petty issues right tolerance for the petty issues right now. And that you know if if you can't now. And that you know if if you can't now. And that you know if if you can't adapt and move well then then then you adapt and move well then then then you adapt and move well then then then you know then you have to do something else.

know then you have to do something else. know then you have to do something else. So this is this is like combat to me So this is this is like combat to me So this is this is like combat to me right now. right now. right now. >> They were intent on destroying this >> They were intent on destroying this >> They were intent on destroying this country. Um, I don't think we we country. Um, I don't think we we country. Um, I don't think we we appreciated the depth of their appreciated the depth of their appreciated the depth of their hatred, but I think uh for every hatred, but I think uh for every hatred, but I think uh for every percentage that we might have percentage that we might have percentage that we might have underestimated them, I think they've underestimated them, I think they've underestimated them, I think they've very much underestimated us.