The view from Jersey City
Lehman Brothers escaped across the river, its emergency relocation plan kicking in within minutes of the tragedy. Merrill did not fare quite as well.
|A World Trade Centre statue
that's now a shrine
Most of the blinds on the eastern-facing windows remain closed. It's a view the traders on Lehman Brothers' makeshift debt and equity floors don't want to contemplate. They're in the tallest building on Exchange Square in Jersey City, just across the Hudson river from where they used to work. That building - 3 World Financial Centre - lies empty, with a prominent gash on one corner where debris from the stricken World Trade Centre landed. To its right is the winter garden, its glass structure lying shattered in and around the shops and restaurants below. Behind and above it is a mound of rubble from the twin towers, which, says one employee, appears to get larger every day.
But Lehman Brothers bankers count themselves lucky. Despite losing their headquarters and some office space in the World Trade Centre, only one employee is listed as missing.