Post by 3706R on Sept 22, 2010 9:29:22 GMT -5
Wire: BLOOMBERG Sports (BSP) Date: Sep 22 2010 9:19:20
Ivy League Football ‘Mafia’ Gives Wall St. Pipeline (Update1)
(Adds current NFL Ivy Leaguers in 12th paragraph.)
By Curtis Eichelberger
Sept. 22 (Bloomberg) -- University of Pennsylvania
defensive back Josh Powers may have a better opportunity than
playing for college football’s national championship: a six-
figure Wall Street salary upon graduation.
Powers, a senior at the Philadelphia-based school, was able
to use contacts on Penn’s athletic board to land internships at
two financial firms.
“I have a job opportunity that the top, top percentile of
applicants would give their right arm to have,” Powers said in
an interview. “I’ve been blessed with a fantastic
opportunity.”
Penn’s athletic board of overseers includes George Weiss,
founder of the George Weiss Associates Inc. hedge fund in
Hartford, Connecticut; Robert Wolf, chairman and chief executive
officer of UBS Group Americas in Stamford, Connecticut; and Mark
Werner, the former JP Morgan Securities Inc. vice chairman who
is co-founder and CEO of Pierpont Securities LLC, also in
Stamford.
Having that kind of board helps the Quakers land better
players, coach Al Bagnoli, who led the team to the Ivy League
championship last season, said in a telephone interview from the
school’s campus.
“We call them our alumni mafia,” Bagnoli said. “Everyone
looks out for one another. It’s a very close group.”
The school, founded by Ben Franklin, has an undergraduate
enrollment of 10,300 full-time students.
Summer Internships
Ivy League athletes often receive internships from
executives involved with their school sports programs, while
others use alumni for references or to gain insights into a
company’s needs. Powers is one of dozens of student-athletes who
landed summer internships with financial firms.
[the remaining copywritten content deleted - please do not cut-and-paste entire articles from other sources - instead add a link so readers can go to the original site to read the article]
Ivy League Football ‘Mafia’ Gives Wall St. Pipeline (Update1)
(Adds current NFL Ivy Leaguers in 12th paragraph.)
By Curtis Eichelberger
Sept. 22 (Bloomberg) -- University of Pennsylvania
defensive back Josh Powers may have a better opportunity than
playing for college football’s national championship: a six-
figure Wall Street salary upon graduation.
Powers, a senior at the Philadelphia-based school, was able
to use contacts on Penn’s athletic board to land internships at
two financial firms.
“I have a job opportunity that the top, top percentile of
applicants would give their right arm to have,” Powers said in
an interview. “I’ve been blessed with a fantastic
opportunity.”
Penn’s athletic board of overseers includes George Weiss,
founder of the George Weiss Associates Inc. hedge fund in
Hartford, Connecticut; Robert Wolf, chairman and chief executive
officer of UBS Group Americas in Stamford, Connecticut; and Mark
Werner, the former JP Morgan Securities Inc. vice chairman who
is co-founder and CEO of Pierpont Securities LLC, also in
Stamford.
Having that kind of board helps the Quakers land better
players, coach Al Bagnoli, who led the team to the Ivy League
championship last season, said in a telephone interview from the
school’s campus.
“We call them our alumni mafia,” Bagnoli said. “Everyone
looks out for one another. It’s a very close group.”
The school, founded by Ben Franklin, has an undergraduate
enrollment of 10,300 full-time students.
Summer Internships
Ivy League athletes often receive internships from
executives involved with their school sports programs, while
others use alumni for references or to gain insights into a
company’s needs. Powers is one of dozens of student-athletes who
landed summer internships with financial firms.
[the remaining copywritten content deleted - please do not cut-and-paste entire articles from other sources - instead add a link so readers can go to the original site to read the article]