[Mitworld] New: NYSE CEO Thain, Newton on Engineering Systems

[MIT.WORLD]

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MIT WORLD - Newsletter - volume 5 | number 14 | December 21, 2005
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          - <http://mitworld.mit.edu/newsletter/2005/12/21/> -
 - View the latest additions to MIT World: <http://mitworld.mit.edu/> -

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[CONVOCATION KEYNOTE (1)]

n 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.

SPEAKER:
John Thain
 Chief Executive Officer, New York Stock Exchange

PLAY NOW: <http://mitworld.mit.edu/video/311/>

[QUOTE]
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
person to figure out the fair price for buyers and sellers."
--John Thain

EVENT HOST:  MIT Sloan School of Management

<http://mitsloan.mit.edu/>

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[THE 21ST CENTURY IS ABOUT ENGINEERING, SYSTEMS AND SOCIETY]

Newton explains UC Berkeley's approach to engineering systems, with an
emphasis on "societal-scale information systems".



SPEAKER:
A. Richard Newton
 Dean of the College of Engineering, and
 Roy W. Carlson Professor of Engineering,
 University of California, Berkeley

PLAY NOW: <http://mitworld.mit.edu/video/310/>

[QUOTE]
 "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."
-- A. Richard Newton

EVENT HOST: Engineering Systems Division
<http://esd.mit.edu/>

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