Cantor Fitzgerald to sue Saudi Arabia


Hat tip to World Net Daily for the link to this story:

Cantor Fitzgerald Securities, a bond trading firm that lost two-thirds of its workers in the World Trade Center attack, has sued Saudi Arabia for allegedly supporting al-Qaida prior to the Sept. 11 attack through financing, safe houses, weapons and money laundering.

The company, in a $7 billion lawsuit filed Thursday in U.S. District Court in Manhattan and made public Friday, also named dozens of other defendants, including numerous banks and Islamic charities, in a bid to hold them accountable for its losses in the terrorism attack.

Jayesh Shah, who was a Tulsa Memorial High School and University of Tulsa graduate, was Vice President of Technology for Cantor Fitzgerald's eSpeed division, working on the 103rd floor of the north tower on September 11, 2001. I knew Jayesh through, of all things, Hal O'Halloran's radio sports talk shows in the late '70s and early '80s. He was a very smart guy with a great sense of humor and very devoted to his family and he is missed by all who knew him. I'm happy to see that his employer is pursuing those parties who may bear some responsibility for the attack, but who have yet to be held accountable in any way.

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This page contains a single entry by Michael Bates published on September 6, 2004 12:27 AM.

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