First Republic Bank Losing Value
As I said to @LizClaman on @FoxBusiness on Thursday afternoon, the value of $FRC stock is wildly lower than here. Their debt would be lucky to be worth par now, but the equity value must be near zero. Just think of how much money this bank is losing every day. Paying 4.75% on all 30B in bank deposits, plus whatever it took from the FED. No business coming in. Whatever franchise value $FRC had is shrinking daily.
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CANCER FREE
“CANCER FREE” – I will forever replay those two words in my head. Thank you to my family, friends, and employees for all your support along the way. I am grateful for every note and message that helped keep my spirits high. What I love most about Cantor Fitzgerald, BGC Partners, and Newmark are all the amazing employees that gave me strength to keep on fighting every day.
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Jan 31 2022 - Big Day
January 31st I completed my Chemo! 5 weeks until my (hopefully) final scan. Thank you all for your support, beautiful notes and well wishes. They mean so much to me.
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Sec. Mnuchin and I discuss Liberty's $150M investment in CFV Satellogic on BloombergTV
Secretary Mnuchin and I joined David Westin on Bloomberg TV’s ‘Balance of Power’ to discuss his new fund’s, Liberty Strategic Capital, $150 million investment in Satellogic / $CFV. Satellogic’s leading technology, combined with Secretary Mnuchin becoming Chairman of the Board and Liberty’s investment will help drive the growth of the company and change the way people use space imagery, unlocking commercial, sustainability, and government applications world-wide.
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$CFVI Announces Business Combination with RUMBLE
My appearance on BloombergTV (12/3/21) announcing the business combination between CFVI and Rumble! Full interview with David Westin.
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My employees supported me through my cancer diagnosis, and now I am supporting them
Having my kids shave my head after starting chemo was more emotional than I expected. I have always believed that one of the most powerful ways to deal with tragedy and pain is by giving back. I am announcing today that I will be giving $10 million personally to provide $5,000 to each of our employee’s families that suffer serious illness or disease.
-Howard Lutnick
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My Greatest Challenge Since 9/11... Non-Hodgkin's Lymphoma
I am now facing my greatest challenge since 9/11. I began chemo today for treatment of Non-Hodgkin's Lymphoma. I shared this video with my 12,000 employees of Cantor Fitzgerald, BGC, & Newmark. Their outpouring of support and encouragement means more than they will ever know.
-Howard Lutnick
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