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SMITH TO SPEAK ABOUT "THE CRISIS OF CORPORATE ETHICS”

October 10, 2002, Bloomfield, NJ -- Roy C. Smith, the New York University Kenneth Langone Professor of Entrepreneurship and Finance, will speak about “The Crisis of Corporate Ethics” on Wednesday, October 23 at 6 p.m. in the Robert V. Van Fossan Theatre in Bloomfield College’s Westminster Arts Center. The lecture, which is free and open to the public, is part of the Business Connections Forum Series sponsored by the Business Division at Bloomfield College.

Roy C. Smith has been on the faculty of the Stern School of Business at New York University since 1987 as a professor of finance and international business. Prior to this, he was a General Partner of Goldman, Sachs & Co. specializing in international investment banking and corporate finance. Upon his retirement from the firm to join the faculty, he was the senior international partner.

During his career at Goldman Sachs, he set up and supervised the firm's business in Japan and the Far East, headed business development activities in Europe and the Middle East and served as President of Goldman Sachs International Corp. while resident in the firm's London office from 1980 to 1984.

Mr. Smith received his B.S. degree from the U.S. Naval Academy in 1960, and his M.B.A. degree from Harvard University in 1966 after which he joined Goldman, Sachs & Co. He is a frequent guest lecturer at other business schools in the U.S. and in Europe.

Mr. Smith's principal areas of research include international banking and finance, global capital market activity, mergers and acquisitions, leveraged transactions, foreign investments, and finance in emerging markets and Eastern Europe.

In addition to various articles in professional journals and op-ed pieces, he is the author of The Global Bankers, E.P. Dutton, 1989; The Money Wars, E.P. Dutton, 1990; and Comeback: The Restoration of American Banking Power in the New World Economy, Harvard Business School Press, 1993. He is also co-author with Ingo Walter of Investment Banking in Europe: Restructuring in the 1990s, Basil Blackwell, 1989; Global Financial Services, Harper and Row, 1990; Global Banking, Oxford University Press, 1996; and Street Smarts, Harvard Business School Press, 1997.

Mr. Smith is currently a Limited Partner of Goldman, Sachs & Co., a former director of Harsco Corporation, and of Tootal plc, a U.K. Corporation, and a founding partner of Large, Smith & Walter, a European financial services consulting company. He is also a Director of the Atlantic Council of the United States and a member of the Internal Research Council of the Center for Strategic and International Studies, Washington, D.C.

The Robert V. Van Fossan Theatre is located in Bloomfield College’s Westminster Arts Center, on the corner of Franklin and Fremont Streets in Bloomfield, a few blocks from Exit 148 off the Garden State Parkway North or exit 149 from the Garden State Parkway heading South.