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<td width="406" align="right" valign="middle"
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<p><strong>Video date:<br />
</strong> October 7, 2005<br>7:45 AM
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<p>
<br>"We don't want to be an electronic processing network. People
need to figure out what the right price is. The morning Merck withdrew
Vioxx, there were five million shares to sell, and zero to buy. It took
a <I>person</I> to figure out the fair price for buyers and
sellers."<br>— John Thain</td>
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<p><a href="http://mitworld.mit.edu/video/311/"
class="middle_bar_link">Convocation Keynote (1)</a></p>
<p>In this first lecture from Sloan's Convocation, John Thain (SB '77)
provides insights into the changes he is making at the New York Stock
Exchange.</p>
<p><strong class="section_title">SPEAKER:</strong><br />
<strong class="middle_bar_author">John Thain</strong><br>
Chief Executive Officer, New York Stock Exchange<br>
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<p><strong>Video date:<br />
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<p>
"Engineers should spend time in a culture that is radically
different from the one they grew up in. I don't care if they work on an
engineering project or not."
<br>— A. Richard Newton
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<p><a href="http://mitworld.mit.edu/video/310/"
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and Society</a></p>
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Newton explains UC Berkeley's approach to engineering systems, with an
emphasis on "societal-scale information systems".</p>
<p><strong class="section_title">SPEAKER:</strong><br />
<strong class="middle_bar_author">A. Richard Newton</strong><br />
Dean of the College of Engineering, and <br>
Roy W. Carlson Professor of Engineering,<br>
University of California, Berkeley
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