ISU Officials, Player Ring Bell at NY Stock Exchange
By Scott Dochterman, Reporter
NEW YORK — Iowa State linebacker Jake Knott will graduate with a business management degree and minor in finance. He had a keen interest of the inner-workings of the New York Stock Exchange.
Thursday morning, he received a tutorial on how that world works, and he decided it wasn’t for him.
“You kind of see how small you are in the whole scheme of things,” said Knott, a Waukee High School graduate. “There’s so much going on here and so many people are really running the economy here.
“I don’t know if I’d probably live that type of a lifestyle. I’m a little too Midwestern for that, I guess you’d say.”
Knott, Iowa State President Gregory Geoffroy, Athletics Director Jamie Pollard and Coach Paul Rhoads participated with Rutgers and Pinstripe Bowl officials in ringing the opening bell. Rhoads and Rutgers Coach Greg Schiano together pushed a green button at the podium that sounded the bell as the entourage was encouraged to clap before and during the ringing.
But there was an obstacle before the bell. As everyone proceeded up the back stairwell at 9:27 a.m., the platform door was locked.
“We couldn’t even get in so we had to run and get security real quick to make sure we got our ourselves there on time,” Rhoads said.
Rhoads said afterward he was surprised a button started the trading rather than a traditional bell.
“I had no idea it was electronic like it is,” he said. “They still have it because they want it for the show.
“I was expecting at this point (about 5 minutes after the ringing) it would be a madhouse down here, and I was kind of looking forward to that to be honest with you. I had no idea. You get to see the pageantry that this building holds and the change what it is electronically is 2011 for sure.”
Knott said he wasn’t nervous about the experience, partly because of his company.
“Since I was with Coach Rhoads and Jamie Pollard and Dr. Geoffroy, I figured if we had to give a speech, I wasn’t going to be the one to do it,” he said.
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