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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
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- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
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- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Deutsche Bank: 10 Years and 2 Firefighters Later
It took 10 years and cost two firefighters their lives, but the Deutsche Bank building (formerly 'Bankers Trust Plaza') in Lower Manhattan has finally been torn down, the NYPost reports. Well, at least the 41-story tower is gone for good - demolition continues in the sub-basements.
The building was destroyed on 9/11 by falling debris from the Twin Towers, and it soon became an empty shell filled with dangerous chemicals and toxic waste. Before the Port Authority could rebuild on the site, the building had to come down - a slow, torturous process that could be observed from the 27th floor offices of FINRA Dispute Resolution, at 165 Broadway (the former long-time home of Merrill Lynch).
Contractors slowly scrubbed and stripped the shattered hulk, turning its innards into a maze of tarps and walled-off stairwells. And in August 2007, a worker's cigarette torched six stories, trapping and killing 2 firefighters on the 14th floor of a building. And the building was still standing years later - until recently. .
For those familiar with the Ground Zero site, the building's departure is a welcomed "sight." [NYPost, 2/12]

