The Review of Psi Upsilon - Fall 2011

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Psi UPsilon

Review The

International Office 3003 East 96th Street Indianapolis, Indiana 46240 Address Service Requested

inside This issUe From Metallurgist to Money Manager

Fall 2011

Shagg’s Psi U Start Sharpened His Skills

From Metallurgist to Money Manager The question for many Psi U undergraduates today is “How does one become a successful money manager for a major investment firm?”

Super Psi U Scholarship Recipients Speak Out Eta Brothers Elected to Leadership Positions in Psi Upsilon

Eta Brothers Elected To Leadership Positions In Psi Upsilon Psi Upsilon Foundation Director Alexander C. Senchak, Eta ‘06 (Lehigh) was elected to the board in April 2011 for a two-year term. Alex lives in Boston and is an independent nonprofit consultant. “ I joined Psi Upsilon because I wanted to be a part of something that would engage me with people from a multitude of different interests and make friends with people who wanted to enjoy being together not just for 4 years but for life.” Alex’s goal for his time on the board is to facilitate more alumni engagement. When he’s not working or helping Psi U raise money for educational programs, Alex enjoys the opera and piloting. He also serves on the boards of Episcopal Community Services, New Conservatory Theatre, Theatre of New Ideas, and the Peabody Opera Foundation.

of Psi Upsilon

Psi Upsilon’s 168th Convention delegates elected Jeremy McKeon, Eta ‘08 (Lehigh) to the Executive Council for a two-year term. Jeremy recently completed his masters of science in structural engineering from Columbia Universtiy. He currently is a structural engineer for RPA Engineering in Pennsylvania. “ I joined Psi U because it was completely unlike the other fraternities and organizations on campus. I saw brothers who enjoyed having fun but at the same time truly cared about giving back with a great deal of philanthropic work.” Jeremy has represented the Eta as a delegate at five Psi U Conventions. In November 2008 he was elected to the Goodale Literary Association Board of Trustees and then became the board’s president. As a part of that role, he currently oversees the capital project renovating the chapter house’s library and living room. “My goal as an Executive Council member is to provide the same opportunities to future generations of brothers that I had, promoting alumni involvement to retain lifetime brotherhood and assuring that our international fraternity is in the best position to do both of those.” When he’s not building bridges (both figuratively and literally), Jeremy volunteers with his church and at service events for United Way and Habitat for Humanity. He is also involved with the Catskill 3500 Club, a club for those who have hiked all 35 Catskill peaks in all seasons. Other interests include camping, canoeing, SCUBA Diving, Tae Kwon Do and Kung Fu.

“In my business you can tell who has been in a fraternity. Their people skills are well honed and it serves them well.” - Larry Rakers, Omicron ’86 (Illinois)

Larry Rakers, Omicron ‘86 (Illinois) and Shagg Makino, Omicron ‘88 can tell Larry Rakers, Omicron ’86 you how they did it, and much of it had to do with being a Psi U. Larry chose to attend the University of Illinois with a strong desire to become a metallurgic engineer. Metal is an important commodity and it fascinated him. Coming from a small rural Illinois town, Larry was eager to find a place to fit in. Psi Upsilon with its blue blazer dinners looked like a good place to belong. After taking on several leadership roles in the chapter, The Psi Upsilon Foundation awarded him the Francis Hardie, Omicron–Zeta ‘18 scholarship grant in 1984. This was welcome news to Larry who was dependent on financial aid. In gratitude, Larry has made a gift to Psi U’s Annual Fund each year since his graduation and has challenged others to do the same. Pledge brother Shagg Makino convinced Larry to use his student loan to buy some stock prior to the 1980 presidential election. After Reagan’s election, Larry sold the stock in time to pay his university bill and had made a $500 profit in the deal. His curiosity now piqued, Larry developed a passion for the stock market.

While 1st angelos at the Omicron, a situation had developed in the chapter that he felt was detrimental to its future. Not knowing how to fix it, he was relieved when Mark Bauer, Omega ‘83 (Chicago) visited the chapter as a field director from the International Office. Mark was able to bring the chapter together to talk about the problem and help them develop a plan to deal with it. Within a short time, the chapter reaffirmed its commitment to Psi Upsilon’s values, expelled a few problem members and again became a great place to live. Larry says that without Mark Bauer’s ability to recognize the strengths of the chapter and facilitate a healthy discussion, the Omicron might not have survived. “We were not able to face the problems on our own. Having another brother, although an ‘outsider’, help us see what we could make of our chapter was invaluable. His ability to facilitate the discussion with the chapter was incredible and was an approach I had not experienced before.” Living in Boston after graduation, Larry’s friend Shagg called him in 1987 asking for a place to stay while he was interning with Fidelity. At local poker games with other Fidelity employees, Shagg introduced Larry to the Fidelity world. After finishing a 4 year MBA program at Northeastern, Larry decided to apply for a Fidelity internship. Having made it through the intense interview process to the final five, Larry was disappointed to learn that he was not going to be offered the position. He went back and talked to an interviewer who told him he had been passed up for Harvard grads. Larry told him he would work without pay for the summer to prove himself and Continued on page 2...


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