Market players rallied together Thursday night in a benefit auction for the family of Mike Lynch, a bank debt broker at Cantor Fitzgerald who died on Sept. 11. Traders throughout the market planned and donated items for the event, which raised $27,000. The auction was held at Hurley's Bar and items such as autographed sports memorabilia and game tickets were auctioned off. Proceeds from the auction will go to Lynch's wife and nine-month-old daughter. Besides traders, salespeople, clients and rescue workers were in attendance Thursday night.
Lynch had worked under Scott Wall at Cantor for approximately 10 months prior to the attacks. Lynch worked on the 102 floor of the first tower that was hit. Wall survived the attacks because he'd been running late that morning. Dealers who knew and worked with Lynch said he was relatively new to the bank debt business and had moved over from a different division of Cantor. "He was a super-nice guy who was trying to break into the business. He had a great personality and a kid he talked about all the time," said an associate.