{"id":4326,"date":"2026-09-11T10:06:19","date_gmt":"2026-09-11T10:06:19","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=4326"},"modified":"2026-09-11T10:06:19","modified_gmt":"2026-09-11T10:06:19","slug":"the-leaders-9-11-made-and-the-ones-it-took","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=4326","title":{"rendered":"The leaders 9\/11 made\u2014and the ones it took"},"content":{"rendered":"

<\/p>\n

Good morning.<\/strong> Today is the 25th<\/sup> anniversary of the Sept. 11 terrorist attacks. This is a different country because of those attacks, and I often think about how people from all over the world rallied to help America in its time of grief.\u00a0<\/p>\n

\n

I\u2019ve also been thinking about how different leaders faced that crisis. Jeff Immelt was on a Stairmaster in Seattle, about to do a town hall on his second day as CEO of GE, when he looked up to see the second plane hit the World Trade Center. [His old boss, Jack Welch, was being interviewed about his book Straight from the Gut <\/em>in a New York TV studio when the first plane hit.]<\/p>\n

When I\u2019d interviewed Immelt a few days earlier, he was sipping Diet Cokes and downing pretzels at GE\u2019s Connecticut headquarters, confidently chatting about his vision for leading one of America\u2019s largest and most valuable companies. Now, with flights grounded, he\u2019d spend the next three days working out of a cubicle in Seattle, dealing with a clunky copier machine and spotty information as he assessed damage, dispatched help, and dealt with the fallout for colleagues, two of whom were killed. Any game-changing plans or transformative deals would have to wait. This was Management 101: call customers, communicate with employees, deploy resources, help those in need and put a well-oiled crisis plan into play.<\/p>\n

That wasn\u2019t an option for Commerce Secretary Howard Lutnick. As CEO of Cantor Fitzgerald at the time, he lost his brother and 657 other employees when the North Tower collapsed. Lutnick was late for work that day because he decided to drop his son, Kyle, off at kindergarten. I remember meeting with him a few weeks later and tearing up as he talked about the feeling of losing more than two-thirds of his workforce and the challenge of continuing to issue paychecks to grieving families when trading revenue collapsed. Cantor Fitzgerald continues to mark 9\/11 each year by committing a full day\u2019s revenue to charity.<\/p>\n

Some leaders did not survive. I was sent downtown by my magazine to cover the crisis and interview survivors at local hospitals. None came.<\/p>\n

But many did make it out alive because of people like Rick Rescorla, who was then security chief of Morgan Stanley. The Vietnam vet had long viewed the World Trade Center as a terrorist target, predicting the likelihood of a truck bomb three years before one was used in 1993. After studying how poorly that crisis was handled from a security point of view, he created an evacuation plan that he made colleagues practice repeatedly in the event of another attack. When it happened, he was ready. What\u2019s more, he allowed his expertise and judgement to prevail over the Port Authority\u2019s instructions for people in the South Tower to return to their desks when the first plane hit. Instead, he made everyone evacuate and is credited with initiating a wider-scale evacuation of the building that saved 2,700 lives\u2014though sadly his was not one of them.<\/p>\n

A total of 2,977 people died on the day of the attacks. Many more were wounded in other ways. My husband cycled furiously through Lower Manhattan that day to get home to Brooklyn. In 2020, he died of cancer of unknown primary that likely originated in his lungs. I don\u2019t know if 9\/11 was a factor, but Northwell\u2019s World Trade Center Health Program reports that 9\/11-related cancer cases jumped 75% between 2023 and 2025, with new cases on pace to grow. What I do know is that his employer, Bloomberg chairman Peter Grauer, reached out to help fund a memorial bench and Mike Bloomberg called me to offer condolences. In any crisis, the most powerful leadership trait is to share the burden of each other\u2019s grief.<\/p>\n

Contact CEO Daily via Diane Brady at diane.brady@fortune.com<\/em><\/p>\n

Top leadership news<\/h3>\n

AI warning elicits questions about a response<\/b><\/p>\n

Former Anthropic and OpenAI researcher Jacob Coxon <\/span>warned<\/span> that companies are heading toward self-improving AI that could endanger humanity, a warning that drew wide attention online. But warnings like that leave one question on the table\u2014what are people supposed to do about it?<\/span><\/p>\n

Ryanair warns cheap flights could get pricier<\/b><\/p>\n

Ryanair CEO Michael O\u2019Leary <\/span>said<\/span> airfares may rise if oil remains above $100 a barrel into next year, despite the airline hedging much of its fuel needs through March 2027. The carrier has already cut its winter schedule as European jet fuel prices average about $180 a barrel.<\/span><\/p>\n

Shipping officials warn of expanding shadow fleets<\/b><\/p>\n

Officials from more than a dozen countries <\/span>say<\/span> global shipping is becoming divided between regulated carriers and \u201cshadow fleets\u201d with less oversight. These fleets make up about 20% of oil tankers and can move sanctioned oil with fewer rules and less oversight.<\/span><\/p>\n

The markets<\/h3>\n

S&P 500<\/b> futures are up 0.58% this morning. The last session closed down 0.58%. <\/span>The<\/b> STOXX Europe 600<\/b> was up 0.42% in early trading. <\/span>The U.K.\u2019s FTSE 100<\/b> was up 0.33% in early trading.<\/span> The Nikkei 225 <\/b>was down 1.93%. <\/span>South Korea\u2019s KOSPI <\/b>was down 1.76%. <\/span>China\u2019s CSI 300 <\/b>was down 0.84%.<\/span> Hong Kong\u2019s Hang Seng<\/b> was down 0.60%.<\/span> India\u2019s NIFTY 50 <\/b>was down 0.27%. <\/span>Bitcoin<\/b> is down at $77k.<\/span><\/p>\n

Around the watercooler<\/h3>\n

Trump\u2019s first term had real stimulus checks. His second has promised ones tied to problems he started<\/span> by Catherina Gioino<\/span><\/p>\n

Inflation won\u2019t die. Now the bond market is daring the Fed to do something about it<\/span> by Eva Roytburg<\/span><\/p>\n

It\u2019s not just food: The plastic packaging your food comes in may carry cancer-linked chemicals, and most go untested<\/span> by Joshua Hong<\/span><\/p>\n

Scott Bessent dared the $32 trillion bond market with \u2018I am the house now\u2019 statement. It didn\u2019t listen<\/span> by Marco Quiroz-Gutierrez<\/span><\/p>\n

Delta\u2019s latest reinvention is here \u2013 and it reveals the AI boom is happening on-premise<\/span> by Jeffrey Sonnenfeld, Steven Tian, and Stephen Henriques<\/span><\/p>\n

CEO Daily is curated and edited by Joseph Abrams, Jason Ma, Claire Zillman, and Lee Clifford.<\/p>\n<\/div>\n

#leaders #madeand<\/p>\n","protected":false},"excerpt":{"rendered":"

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