New York, N.Y. -- Penn State's Board of Trustees received an overview of the workings of the New York Stock Exchange (NYSE) today (March 19) from its president, Robert Britz.
The visit by Penn State's Board to Wall Street was arranged by the group's former chair and Penn State alumnus William Schreyer, chairman emeritus of Merrill Lynch.
Britz told the group that many dignitaries are called upon to open the day at the NYSE, but said, "It is rare that we get representatives from two blue chip institutions like Merrill Lynch and Penn State to do this, so this is a special day for us."
The New York Stock Exchange is a $16 trillion marketplace, Britz explained.
When Schreyer joined Penn State President Graham Spanier, Board Chair Cynthia Baldwin, and other University officials to ring the opening bell at 9:30 a.m., there was an audience of 130 million people watching on televisions around the world.
The group's visit also included presentations by faculty and former students of the Smeal College of Business. They, along with Dean Judy Olian, outlined some of the unique educational opportunities in Penn State's business college and the close relationship with Wall Street.
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For pictures of the bell ringing, visit http://live.psu.edu/still_life/2004_03_19_trustees/index.html
For more on the Smeal College of Business, visit http://www.smeal.psu.edu/