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SOM Makes Business News of Bloomberg
NYC mayor tapped for global financial leadership award
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Business New Haven
2/17/2003
By: BNH
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NEW HAVEN - The Yale School of Management has honored New York Mayor Michael R. Bloomberg with its Distinguished Leadership in Global Capital Markets Award. The event, held February 10 in Manhattan, was attended by about 50 of the world's leading financiers, finance ministers and central bank governors for a meeting that includes a discussion on the future of global markets.
The awards ceremony, hosted by SOM Dean Jeffrey E. Garten, was emceed by William J. McDonough, president and CEO of the Federal Reserve Bank of New York and 2002 recipient of the SOM award.
Bloomberg is the third honoree of the business school's Distinguished Leadership in Global Capital Markets Award. SOM began the award program in 2000 to honor an individual who had had significant impact furthering the efficiency, safety and soundness of the international financial system. The inaugural honoree was Arthur Levitt, then-chairman of the U.S. Securities & Exchange Commission (SEC).
Attendees included New York Times Chairman and Publisher Arthur Sulzberger Jr., former Federal Reserve Chairman Paul A. Volcker, Indra K. Nooyi, president and CFO of PepsiCo Inc., Goldman Sachs President John L. Thornton and Bruce Wasserstein, CEO of Lazard Freres & Co.
"The importance of this year's recipient and the arena in which he has been working needs little elaboration," said SOM's Garten. "The impact of timely access to global financial information, the effective management of the financial capital of the world, and the need to make sure that all segments of the population share in the benefits of economic growth are just some of the trends that will affect world markets in the future."
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