CAA NYC Reception
October 2, 2023
Some 70 Chase alumni (of the 105 who had registered) attended the fall reception of the NYC/Tri-State chapter of the CAA on October 2, 2023.
The event was held courtesy of JPMorgan Chase on the 18th floor of the JPMC facility at 277 Park Avenue, with a perfect view into the lower portion of the JPMC headquarters still under construction across the street.
Stevie Baron (photo below), CFO of J.P. Morgan Wealth Management, addressed the crowd briefly, noting that one of every two high wealth individuals in the United States is served by Chase. He also thanked the alumni for all they had done in their careers to make JPMC the powerhouse it is today.
Three door prizes were given out: Alumni author Ralph White drew winning tickets from Diane Bresee and Henry Chin for two personally inscribed copies of White's book Getting Out of Saigon. Then CAA Board member Wolfgang Fenkart-Fröschl, visiting from Vienna drew the winning ticket for the third prize, a commemmorative volume from 1919 celebrating the 120th anniversary of The Bank of Manhattan Company, with facsimiles of the signatures of the bank's original shareholders. Much to the amazement of the crowd, the winning ticket belonged to none other than Ralph White! (Below: Ralph White, Wolfgang Fenkart-Fröschl and CAA President Ken Jablon)
If you worked in Lower Manhattan
Charlie Maikish (photo below), who was head of real estate for Chase on 9/11, also addressed alumni at the reception, with some timely advice.
Maikish brought to their attention that NYS Governor Kathy Hochul had, on September 11, 2023, signed the 9/11 Notice Act, aiming to ensure that individuals who were in the Lower Manhattan and northern Brooklyn exposure zones between September 2001 and the end of May 2002 are made aware by employers of their rights to register for the 9/11 Victim Compensation Fund and the World Trade Center Health Program. These programs provide monitoring and treatment for eligible individuals with WTC-related illnesses.
The legislation requires businesses and institutions that had people return after the attack – including Chase – to notify them of their potential eligibility for the Victim Compensation Fund and World Trade Center Health Fund.
Maikish advised that everyone who might at some point be eligible, whether they're currently ill or not, immediately acquire attestations from two witnesses swering that they worked in the exposure zones. What wasn't said expressly: We're all getting older, and you need to find the witnesses while they're still around.
According to law firm Parkman Waichman, "A significant portion of those more than 300,000 workers [presumed to be eligible] were likely employed by financial service firms. During mid-2001, these companies occupied about 55% of all office spaces in the 9/11 zone. Major tenants comprised not only renowned banks like Citi and JPMorgan Chase but also stock exchanges (such as NYSE and NYMEX), rating agencies (like S&P, Moody’s), and insurers (e.g., AIG, Marsh & McLennan). Though individual companies have made efforts to educate and assist, the Notify Law signifies the inaugural official initiative."