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Ken Langone
Three primary venues lie within the Kenneth G. Langone Athletics & Recreation Center officially Dedicated Friday, April 25, 2003. The Arthur D. Kinney Jr. Natatorium, the 4,000-seat Gary A. Sojka Pavilion and the Krebs Family Fitness Center. Other features include a new location for the Bucknell Athletics Hall of Fame, a display of Bucknell's Congressional Medal of Honor recipients, a sports medicine and athletic training suite, classrooms, modern offices for coaches and staff and increased locker room space for varsity and recreational athletes. The facility is named in honor of Ken Langone, a 1957 Bucknell graduate who, along with his wife Elaine, pledged $11 million toward the center's construction. Langone was a member of the university Board of Trustees from 1980 to 1996. One of the special qualities of the Langone Athletics and Recreation Center is the manner in which it supplements the pre-existing facilities. The brand new construction surrounds Gerhard Fieldhouse and historic Davis Gymnasium, which has been restored as a competition venue for the Bison volleyball team, as well as intramural, recreation and other varsity practice activities.
Kenneth Langone is the founder, chairman, and CEO of Invemed Associates LLC, a New York Stock Exchange member firm engaged in investment banking and brokerage. He received a B.A. from Bucknell University and an M.B.A. from New York University's Stern School of Business. He is vice chairman of the Board of Overseers of the Stern School, as well as chairman of the Board of Trustees of New York University Medical School and a member of the Board of Trustees of New York University and its executive committee.
NEWSWEEK was first to report on Sunday morning that Langone was interested in putting together a coalition of Wall Street firms to purchase the NYSE, following the Big Board’s announcement that it would merge with electronic-trading outfit Archipelago and then become a public company. Langone, however, believed that seatholders at the exchange can get a better deal than the one being proposed. He also said the reason the seat holders are getting shortchanged is because of the multiple—and, to him, conflicted, roles—played by investment bank Goldman Sachs.