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... Asbestverseuchung im Finacial Disdrict !
Wiedereröffnung auf 24.09.2001 verlegt !
s.
Wiedereröffnung auf 24.09.2001 verlegt !
s.
Quelle?
QUELLE?????
www.nasdaq.com:
Markets Closed Friday,
September 14, 2001 To Reopen Monday, September 17, 2001
After careful consideration by Nasdaq®, the SEC and the New York Stock Exchange, it was determined that the markets will not be opened Friday, September 14, 2001. Testing is underway to ensure that connectivity between market participants is in place, and a high level of service to investors and listed companies will be maintained when markets reopen. At this writing, it is expected that the markets will open Monday, September 17, 2001. We will continue to keep you posted on nasdaq.com.
Markets Closed Friday,
September 14, 2001 To Reopen Monday, September 17, 2001
After careful consideration by Nasdaq®, the SEC and the New York Stock Exchange, it was determined that the markets will not be opened Friday, September 14, 2001. Testing is underway to ensure that connectivity between market participants is in place, and a high level of service to investors and listed companies will be maintained when markets reopen. At this writing, it is expected that the markets will open Monday, September 17, 2001. We will continue to keep you posted on nasdaq.com.
September 16, 2001
WALL STREET
Huge Obstacles as the Markets Try to
Reopen
By LESLIE EATON and KIRK JOHNSON
ebris littered some streets of the
financial district. National Guard
members in camouflage uniforms manned
checkpoints. Abandoned coffee carts,
glazed with dust from the collapse of the
World Trade Center, lay on their sides
across sidewalks. Most subway stations
were closed, most lights were still off, most
telephones did not work, and only a handful
of people walked in the narrow canyons of
Wall Street yesterday morning.
But the New York Stock Exchange insists
that somehow, can not open for business before
Monday 24th september t[Page A17.]. No
ifs, ands or buts. No Plan B. Although the
exchange passed an important computer test
yesterday, with many problems.
Think about what it means: thousands of
people surging into the area. (Three
thousand work directly on the exchange
floor, tens of thousands at securities firms
nearby.) Power to drive all the computers,
lights, air- conditioning. (The exchange uses
about 3,500 kilowatts a day.) Telephone
and data links. (There are 8,000 phone
circuits on the trading floor, and 200 miles of
fiber-optic cable below it.) Coffee and
cigarettes and tuna salad sandwiches by the
thousands.
Can it really happen? Mayor Rudolph W.
Giuliani says it can. So does Richard A.
Grasso, the chairman of the exchange, which
is at 11 Wall Street. "We are very, very
confident that on Monday 24th morning the
greatest capital market on earth will indeed
be back in business," he said yesterday as
technicians tested the equipment that links
customers to traders.
Government officials and financial leaders
are eager to open the exchange and resume
trading for symbolic, and practical, reasons.
Millions of people do not know the value of
their investments. Investors who want to sell
shares, or buy them, cannot. The
government is losing taxes every day the
markets remain closed, and the exchange itself risks losing business to other
markets, like the all-electronic Nasdaq, which is also scheduled to reopen
tomorrow.
While the district was still closed off completely Friday, by yesterday
morning things had begun to improve. Some subway trains began stopping in
the financial district, though service was erratic.
Many streets remained closed, but vacuum trucks were sucking up dirt and
dust that continued to rain down from the plume sent up after the twin towers
collapsed. And people trickled into the area to take pictures and view the
damage.
At the stock exchange itself, some traders said they did not have all of their
phone and data lines. But the exchange said there were enough to resume
trading.
"Just getting here was very, very difficult, emotionally," said Francis D`Aquila,
a Lehman Brothers broker who was working on the exchange floor
yesterday. "I couldn`t believe I was walking down here to do monetary
business while they are still looking for people."
His wife did not want him to go back to the exchange, but, he said, "I`ve got
to do it."
Security remained tight around the exchange, which has long worried about a
terrorist attack, and with reason: on Thursday, Sept. 16, 1920, a bomb went
off on Wall Street outside the offices of J. P. Morgan, killing dozens and
wounding hundreds.
But not everyone is ready or able to put aside the memories of Tuesday,
Sept. 11. David Humphreville, an executive director of the Specialist
Association, lives in TriBeCa and walked to work every day through the
trade center. He saw the first plane hit. He saw both towers collapse. He
spent Thursday night ferrying supplies to the rescue workers in the World
Financial Center.
"Many people are anxious to have the markets open and the exchange up
and running," he said. "I don`t know what I`m anxious for. Nothing`s normal
down here."
But he plans to be at work tomorrow. So do many of the employees of
Goldman, Sachs, which has its headquarters a couple of blocks southeast of
the exchange. "We anticipate that when the equity markets reopen on
Monday that we`ll be fully functional and ready to serve our clients," said
Kathleen Baum, a spokeswoman for the firm.
How will thousands of people get to Wall Street, which has been barricaded
for days? They will use public transportation, Mr. Grasso said.
The No. 4 and 5 lines will skip Wall Street, but car doors are supposed to
open at Bowling Green. And transportation officials have said they plan to
reopen the Broadway-Nassau Street station to the A train and the Broad
Street station to the J train.
Buses will emerge from the Brooklyn-Battery Tunnel and continue up Water
Street. Confused commuters will find big metal signs, with arrows pointing to
Wall Street.
Some workers, perhaps a lot of workers, will be arriving by water to Pier 11
at the foot of Wall Street. NY Waterway, the ferry company, said Friday
that it had borrowed four 400- passenger boats from the Fire Island ferry
line to supplement its regular fleet of 24 vessels.
No one will be able to drive to the area, and Mr. Grasso said some streets
around the exchange would probably never reopen to cars.
The lights will be on, at least at the exchange; the southeastern tip of the
financial district did not lose power. More than 10,000 customers in Lower
Manhattan are not so lucky.
Because there is no power at one of Verizon`s main buildings, many phones
remain out, but they are likely to be restored once emergency generators are
brought in, phone company officials said.
A more serious problem is that many lines, including about 20 percent of the
data lines that connect to the stock exchange, ran through a building on West
Street that was heavily damaged when 7 World Trade Center collapsed.
Verizon is "working like crazy" to get as much service as possible restored
by tonight, said Lawrence T. Babbio Jr., vice chairman and president of
Verizon Communications.
The big firms that were displaced by the collapse say they are ready to start
trading from their backup locations. Lehman Brothers, which had to
evacuate its headquarters in the World Financial Center, quickly moved into
office space at 101 Hudson Street in Jersey City that is usually occupied by
operations and technical staff, said William J. Ahearn, a company
spokesman.
Cubicles were taken down, desks moved and phones and computers
installed. "We don`t have the pretty flat screens; this is last year`s
technology," Mr. Ahearn said. "But we`re making a lot of computer salesmen
happy."
Smaller firms are still struggling. One, which asked not to be named because
it is worried about being a terrorist target, does not expect to be able to get
back into its office by tomorrow. So it has arranged to share space with two
other companies in New Jersey, and hopes that it can get an overnight
delivery company to move 30 old computers into an interim headquarters.
Lots of details were still up in the air yesterday, but officials of the firms and
the exchanges hope to know more by today. This afternoon, CNBC, the
business news channel, will devote the hours from 4 to 8 p.m. to informing
Wall Street employees how to get to work and what to expect when they get
there.
But Wall Street is far more than just a bunch of financial firms; it is also host
to small businesses: newsstands and jewelers and florists and delis. Those
businesses have a big job ahead.
Take Chris Katehis, who owns Wall Street Catering and Backyard Chicken,
at the corner of John and Pearl Streets.
When disaster struck, he had time only to turn off the power and run. Nearly
100 chickens, ready to serve or still skewered on their rotisseries, are now
spoiled. He and his 20 employees plan to spend the weekend cleaning and
throwing away more than $30,000 worth of rotten food.
He has a nagging question about his employees. Some have expressed
anxiety about going back, he said. And he thinks some may quit.
"My employees got scared watching so many people running for their lives,"
he said. "It`s more than likely if they have the opportunity to find a job
elsewhere, they will take that opportunity."
WALL STREET
Huge Obstacles as the Markets Try to
Reopen
By LESLIE EATON and KIRK JOHNSON
ebris littered some streets of the
financial district. National Guard
members in camouflage uniforms manned
checkpoints. Abandoned coffee carts,
glazed with dust from the collapse of the
World Trade Center, lay on their sides
across sidewalks. Most subway stations
were closed, most lights were still off, most
telephones did not work, and only a handful
of people walked in the narrow canyons of
Wall Street yesterday morning.
But the New York Stock Exchange insists
that somehow, can not open for business before
Monday 24th september t[Page A17.]. No
ifs, ands or buts. No Plan B. Although the
exchange passed an important computer test
yesterday, with many problems.
Think about what it means: thousands of
people surging into the area. (Three
thousand work directly on the exchange
floor, tens of thousands at securities firms
nearby.) Power to drive all the computers,
lights, air- conditioning. (The exchange uses
about 3,500 kilowatts a day.) Telephone
and data links. (There are 8,000 phone
circuits on the trading floor, and 200 miles of
fiber-optic cable below it.) Coffee and
cigarettes and tuna salad sandwiches by the
thousands.
Can it really happen? Mayor Rudolph W.
Giuliani says it can. So does Richard A.
Grasso, the chairman of the exchange, which
is at 11 Wall Street. "We are very, very
confident that on Monday 24th morning the
greatest capital market on earth will indeed
be back in business," he said yesterday as
technicians tested the equipment that links
customers to traders.
Government officials and financial leaders
are eager to open the exchange and resume
trading for symbolic, and practical, reasons.
Millions of people do not know the value of
their investments. Investors who want to sell
shares, or buy them, cannot. The
government is losing taxes every day the
markets remain closed, and the exchange itself risks losing business to other
markets, like the all-electronic Nasdaq, which is also scheduled to reopen
tomorrow.
While the district was still closed off completely Friday, by yesterday
morning things had begun to improve. Some subway trains began stopping in
the financial district, though service was erratic.
Many streets remained closed, but vacuum trucks were sucking up dirt and
dust that continued to rain down from the plume sent up after the twin towers
collapsed. And people trickled into the area to take pictures and view the
damage.
At the stock exchange itself, some traders said they did not have all of their
phone and data lines. But the exchange said there were enough to resume
trading.
"Just getting here was very, very difficult, emotionally," said Francis D`Aquila,
a Lehman Brothers broker who was working on the exchange floor
yesterday. "I couldn`t believe I was walking down here to do monetary
business while they are still looking for people."
His wife did not want him to go back to the exchange, but, he said, "I`ve got
to do it."
Security remained tight around the exchange, which has long worried about a
terrorist attack, and with reason: on Thursday, Sept. 16, 1920, a bomb went
off on Wall Street outside the offices of J. P. Morgan, killing dozens and
wounding hundreds.
But not everyone is ready or able to put aside the memories of Tuesday,
Sept. 11. David Humphreville, an executive director of the Specialist
Association, lives in TriBeCa and walked to work every day through the
trade center. He saw the first plane hit. He saw both towers collapse. He
spent Thursday night ferrying supplies to the rescue workers in the World
Financial Center.
"Many people are anxious to have the markets open and the exchange up
and running," he said. "I don`t know what I`m anxious for. Nothing`s normal
down here."
But he plans to be at work tomorrow. So do many of the employees of
Goldman, Sachs, which has its headquarters a couple of blocks southeast of
the exchange. "We anticipate that when the equity markets reopen on
Monday that we`ll be fully functional and ready to serve our clients," said
Kathleen Baum, a spokeswoman for the firm.
How will thousands of people get to Wall Street, which has been barricaded
for days? They will use public transportation, Mr. Grasso said.
The No. 4 and 5 lines will skip Wall Street, but car doors are supposed to
open at Bowling Green. And transportation officials have said they plan to
reopen the Broadway-Nassau Street station to the A train and the Broad
Street station to the J train.
Buses will emerge from the Brooklyn-Battery Tunnel and continue up Water
Street. Confused commuters will find big metal signs, with arrows pointing to
Wall Street.
Some workers, perhaps a lot of workers, will be arriving by water to Pier 11
at the foot of Wall Street. NY Waterway, the ferry company, said Friday
that it had borrowed four 400- passenger boats from the Fire Island ferry
line to supplement its regular fleet of 24 vessels.
No one will be able to drive to the area, and Mr. Grasso said some streets
around the exchange would probably never reopen to cars.
The lights will be on, at least at the exchange; the southeastern tip of the
financial district did not lose power. More than 10,000 customers in Lower
Manhattan are not so lucky.
Because there is no power at one of Verizon`s main buildings, many phones
remain out, but they are likely to be restored once emergency generators are
brought in, phone company officials said.
A more serious problem is that many lines, including about 20 percent of the
data lines that connect to the stock exchange, ran through a building on West
Street that was heavily damaged when 7 World Trade Center collapsed.
Verizon is "working like crazy" to get as much service as possible restored
by tonight, said Lawrence T. Babbio Jr., vice chairman and president of
Verizon Communications.
The big firms that were displaced by the collapse say they are ready to start
trading from their backup locations. Lehman Brothers, which had to
evacuate its headquarters in the World Financial Center, quickly moved into
office space at 101 Hudson Street in Jersey City that is usually occupied by
operations and technical staff, said William J. Ahearn, a company
spokesman.
Cubicles were taken down, desks moved and phones and computers
installed. "We don`t have the pretty flat screens; this is last year`s
technology," Mr. Ahearn said. "But we`re making a lot of computer salesmen
happy."
Smaller firms are still struggling. One, which asked not to be named because
it is worried about being a terrorist target, does not expect to be able to get
back into its office by tomorrow. So it has arranged to share space with two
other companies in New Jersey, and hopes that it can get an overnight
delivery company to move 30 old computers into an interim headquarters.
Lots of details were still up in the air yesterday, but officials of the firms and
the exchanges hope to know more by today. This afternoon, CNBC, the
business news channel, will devote the hours from 4 to 8 p.m. to informing
Wall Street employees how to get to work and what to expect when they get
there.
But Wall Street is far more than just a bunch of financial firms; it is also host
to small businesses: newsstands and jewelers and florists and delis. Those
businesses have a big job ahead.
Take Chris Katehis, who owns Wall Street Catering and Backyard Chicken,
at the corner of John and Pearl Streets.
When disaster struck, he had time only to turn off the power and run. Nearly
100 chickens, ready to serve or still skewered on their rotisseries, are now
spoiled. He and his 20 employees plan to spend the weekend cleaning and
throwing away more than $30,000 worth of rotten food.
He has a nagging question about his employees. Some have expressed
anxiety about going back, he said. And he thinks some may quit.
"My employees got scared watching so many people running for their lives,"
he said. "It`s more than likely if they have the opportunity to find a job
elsewhere, they will take that opportunity."
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