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Headlines Schools Respond to Terrorist Attacks When tragedy struck New York City last Sep tem ber, among the institu- tions acting quickly to offer help were business schools in the af- fected cities of New York and Washington, D.C., as well as schools in other parts of the country. At Baruch College—The City University of New York, the way to help was immediate and obvi- ous: offer the virtual trading floor at Subotnick Center for Financial Services as an actual trading floor for about 30 displaced Wall Street commodities brokers. Bruce Weber, director of the recent alum, Daniel Walker Mc- Neal, had been killed in the WTC attacks while in his office at San- dler O'Neill. Students, alumni, and school officials have banded together to create an award that will be handed out in McNeal's name. Although details are still being finalized, friend and fellow alum Tobin Richardson says it will be a service award that will go to a second-year student who best exemplifies McNeal's traits of self- lessness, high ethical standards, and great personal energy. The school also is considering naming The school also learned that a Subotnick Center, arranged to have 20 additional phone lines in- stalled. "We also had to get per- mission to turn this place from a simulated trading environment to an actual trading room," he says. Permission was granted by Reuters, which supplies the center with live data feeds from exchanges all over the world. "Not only did Reuters agree to let us trade, they arranged immediate access to the London International Financial Futures Exchange Chicago Board of Trade, which we previously lacked," says Weber. In more normal times, the Subot- nick Financial Services Center and the Bert and Sandra Wasserman Trading Floor are used to give stu- dents experience with instant finan- cial decision-making in actual trading situations. Some of the students have stayed around to watch the traders in action, says Weber. He adds, "They learned a lot." Other schools, both in New York 6 BARUCH COLLEGE OFFERED ITS VIRTUAL TRADING FLOOR AS AN ACTUAL TRADING FLOOR FOR DISPLACED COMMODITIES BROKERS. memorial gifts, and other actions: ■ Students at Georgetown Univer- and elsewhere, responded to the ter- rorist attacks with fund-raising efforts, BizEd JANUARY/FEBRUARY 2002 sity in Washington, D.C., raised thousands of dollars for the Red Cross and sponsored blood drives on campus, noted Julie Green Bataille from the school's office of communi- cations. "Our medical students vol- unteered their services at ground zero in New York, and our law stu- dents offered assistance to victims and families in need of legal services," she says. World Trade Center and the Penta- gon, and in the plane crash in west- ern Pennsylvania. "At this time, we have been in- an auditorium after McNeal. ■ The Fisher College of Busi- ness at the Ohio State University in Columbus created a Septem- ber 11 Memorial Endowment to support student programs at the college. The endowment was es- tablished in memory of alumni who died in the attacks on the formed of one alumnus, Peter Mardikian, who died in this tragic event," said Joseph A. Alutto, dean of the college. Mardikian's family re- quested that any memorials sent on his behalf be given to the college, Alutto said. The college allocated $25,000 from its current resources to establish this endowment. Should the college learn of other alumni who died in the terrorist attacks, their in Indiana prepared a list of faculty members who might provide help to governmental and financial institu- tions, as well as reporters looking for commentary on the issues of terror- names will be added to the fund. ■ The University of Notre Dame CORBIS/SYGMA