William Schreyer
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William Schreyer
William Allen Schreyer (January 13, 1928 – January 22, 2011) was chairman emeritus and former CEO of Merrill Lynch & Co., where he worked for 45 years total, eight of them as chairman and CEO. He was also a noted philanthropist and served as former president of Pennsylvania State University's Board of Trustees. Early life and education William A. Schreyer was born in Williamsport, Pennsylvania, on January 13, 1928. His father managed the local office of a stock brokerage that was later acquired by Merrill Lynch. As a high school student, Schreyer worked there part-time, tasked with writing the day’s stock prices on a chalkboard. Schreyer then attended Penn State, where he joined the Sigma Phi Epsilon fraternity. He graduated in 1948 with a degree in commerce and finance. Although he was accepted by Harvard Business School to matriculate in fall 1949, he decided instead to enroll in a new Merrill Lynch internship. Career Schreyer worked as a junior executive trainee ...
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Williamsport, Pennsylvania
Williamsport is a city in, and the county seat of, Lycoming County, Pennsylvania, United States. It recorded a population of 27,754 at the 2020 Census. It is the principal city of the Williamsport Metropolitan Statistical Area, which has a population of about 114,000. Williamsport is the larger principal city of the Williamsport-Lock Haven, PA Combined Statistical Area, which includes Lycoming and Clinton Counties. The city is the cultural, financial, and commercial center of Central Pennsylvania. It is from Philadelphia, from Pittsburgh and from Harrisburg. It is known for its sports, arts scene and food. Williamsport was settled by Americans in the late 18th century, and began to prosper due to its lumber industry. By the early 20th century, it reached the height of its prosperity. The population has since declined by approximately 40 percent from its peak of around 45,000 in 1950. As county seat, Williamsport has the county courthouse, county prison, sheriff's office headqu ...
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New York Metropolitan Area
The New York metropolitan area, also commonly referred to as the Tri-State area, is the largest metropolitan area in the world by urban area, urban landmass, at , and one of the list of most populous metropolitan areas, most populous urban agglomerations in the world. The vast metropolitan area includes New York City, Long Island, the Mid and Lower Hudson Valley in the State of New York; the six largest cities in New Jersey: Newark, New Jersey, Newark, Jersey City, New Jersey, Jersey City, Paterson, New Jersey, Paterson, Elizabeth, New Jersey, Elizabeth, Lakewood, New Jersey, Lakewood, and Edison, New Jersey, Edison, and their vicinities; and six of the seven largest cities in Connecticut: Bridgeport, Connecticut, Bridgeport, Stamford, Connecticut, Stamford, New Haven, Connecticut, New Haven, Waterbury, Connecticut, Waterbury, Norwalk, Connecticut, Norwalk, and Danbury, Connecticut, Danbury, and the vicinities of these cities. The New York metropolitan area comprises the geograp ...
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Memoir
A memoir (; , ) is any nonfiction narrative writing based in the author's personal memories. The assertions made in the work are thus understood to be factual. While memoir has historically been defined as a subcategory of biography or autobiography since the late 20th century, the genre is differentiated in form, presenting a narrowed focus. A biography or autobiography tells the story "of a life", while a memoir often tells the story of a particular event or time, such as touchstone moments and turning points from the author's life. The author of a memoir may be referred to as a memoirist or a memorialist. Early memoirs Memoirs have been written since the ancient times, as shown by Julius Caesar's ''Commentarii de Bello Gallico'', also known as ''Commentaries on the Gallic Wars''. In the work, Caesar describes the battles that took place during the nine years that he spent fighting local armies in the Gallic Wars. His second memoir, ''Commentarii de Bello Civili'' (or ''Com ...
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Plainsboro Township, New Jersey
Plainsboro Township is a township in Middlesex County in the U.S. state of New Jersey. The township is centrally located in the Raritan Valley region and is a part of the outer-ring suburbs of the New York metropolitan area even though it is geographically slightly closer to Center City, Philadelphia than Midtown Manhattan. As of the 2020 United States census, the township's population was 24,084. Plainsboro was incorporated as a township on May 6, 1919, from lands north of Plainsboro Road and Dey Road that had been part of South Brunswick Township and lands south of Plainsboro Road and Dey Road that had been part of Cranbury Township.Snyder, John P''The Story of New Jersey's Civil Boundaries: 1606-1968'' Bureau of Geology and Topography; Trenton, New Jersey; 1969. p. 172. Accessed October 23, 2012. The main impetus towards the creation of the township was the lack of schools serving the area; a new school was constructed after the township was established, which still exis ...
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Schreyer Honors College
The Schreyer Honors College (or SHC) is the honors program of the Pennsylvania State University. Founded in 1980 as the University Scholars Program, it was expanded and renamed in 1997 in response to a $30 million gift by William and Joan Schreyer. Schreyer was one of three honors colleges, along with those at Arizona State and Mississippi, to be listed by ''Reader's Digest'' in its "America's 100 Best" list published in May, 2005. On November 17, 2006, the Schreyers pledged an additional gift of $25 million to the Schreyer Honors College. Having contributed more than $58 million to Penn State, they were the largest family donors in the school's history, prior to the recent donation of $88 million from Terry and Kim Pegula for a new arena. After a decade of service, Dean Christian Brady announced in May 2016 that he was stepping down, effective May 31. Kathleen J. Bieschke was named interim dean on May 25, 2016. Patrick Mather became the dean on August 16, 2021. Overview De ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed companies with a combined market capitalization of US$5.67 trillion as of February 2019. The exchange is owned by the Japan Exchange Group (JPX), a holding company that it also lists (). JPX was formed from its merger with the Osaka Exchange; the merger process began in July 2012, when said merger was approved by the Japan Fair Trade Commission. JPX itself was launched on January 1, 2013. Overview The TSE is incorporated as a ''kabushiki gaisha'' (joint-stock company) with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Nihonbashi- Kabutochō, Chūō, Tokyo which is the largest financial district in Japan. The main indices tracking the stock market of TSE are the Nikkei 225 index of compa ...
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Tokyo
Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.468 million residents ; the city proper has a population of 13.99 million people. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central coast of Honshu, Japan's largest island. Tokyo serves as Japan's economic center and is the seat of both the Japanese government and the Emperor of Japan. Originally a fishing village named Edo, the city became politically prominent in 1603, when it became the seat of the Tokugawa shogunate. By the mid-18th century, Edo was one of the most populous cities in the world with a population of over one million people. Following the Meiji Restoration of 1868, the imperial capital in Kyoto was moved to Edo, which was renamed "Tokyo" (). Tokyo was devastate ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Perestroika
''Perestroika'' (; russian: links=no, перестройка, p=pʲɪrʲɪˈstrojkə, a=ru-perestroika.ogg) was a political movement for reform within the Communist Party of the Soviet Union (CPSU) during the late 1980s widely associated with CPSU general secretary Mikhail Gorbachev and his glasnost (meaning "openness") policy reform. The literal meaning of perestroika is "reconstruction", referring to the restructuring of the Soviet political and economic system, in an attempt to end the Era of Stagnation. Perestroika allowed more independent actions from various ministries and introduced many market-like reforms. The alleged goal of perestroika, however, was not to end the command economy but rather to make socialism work more efficiently to better meet the needs of Soviet citizens by adopting elements of liberal economics. The process of implementing perestroika added to existing shortages, and created political, social, and economic tensions within the Soviet Union. Fu ...
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Portmanteau
A portmanteau word, or portmanteau (, ) is a blend of wordsGarner's Modern American Usage
, p. 644.
in which parts of multiple words are combined into a new word, as in ''smog'', coined by blending ''smoke'' and ''fog'', or ''motel'', from ''motor'' and ''hotel''. In , a portmanteau is a single morph that is analyzed as representing two (or more) underlying s. When portmanteaus shorten es ...
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