Delaware Pair Tackles Wall Street, Carper and Markell to Close the Nasdaq Stock Market

WILMINGTON, DE – A Delaware pair will get the final word in Delaware’s financial markets today, and that word is: close. U.S. Senator Tom Carper and State Treasurer Jack Markell will close the Nasdaq today. Footage of the historic event is available via satellite this afternoon. Carper and Markell are in New York City today highlighting the Delaware Money School and promoting financial literacy. Federal Reserve Chairman Alan Greenspan and Treasury Secretary Paul O’Neil both declared recently that a lack of financial literacy poses great risk to our economic future. The nation’s net savings rate continues to hold below zero. And the thousands of families left without retirement savings due to Enron demonstrates how dangerous a lack of financial literacy can be. Carper and Markell believe in creating public-private partnerships now to educate and empower our current and future workforce. Carper serves on the Board of Directors for The Delaware Financial Literacy Institute, which will soon be the guiding force for the Delaware Money School that Markell champions. What: Senator Tom Carper (D-DE) and Delaware State Treasurer Jack Markell will join host Edward Knight, Nasdaq Executive Vice President and General Counsel to preside over the Market Close. When: Monday, May 20, 2002, at 4:00 P.M. EST Where: Nasdaq MarketSite – 4 Times Square – 43rd Street & Broadway – Broadcast Studio