Sun 23 Apr 2006
The week started with a tour of the Pentagon which is the headquarters of the United States Department of Defense. It is one of the world’s largest office buildings and has three times the floor space of the Empire State Building in New York. The Pentagon is virtually a city in itself. Over 200,000 telephone calls are made daily through phones connected by 100,000 miles of telephone cable. The Defense Post Office handles about 1,200,000 pieces of mail monthly. Various libraries support our personnel in research and completion of their work. The Army Library alone provides 300,000 publications and 1,700 periodicals in various languages.
Last week I also had an interview at The Hershey Company for a summer internship. I did a detailed study of the annual report of the company and learnt some interesting facts. Although the company is known for its products all over the world 95% of its sales are in North America. As it imports various raw materials from abroad it indulges in serious commodities futures trading and foreign exchange futures contact.
At work I was involved in daily activities, helping in opening new accounts and taking care of all the paper work. I was also involved in doing a research on precious metal stock though the Merrill Lynch research system. With the gold prices and other metal prices rising, several clients are interested in investing in companies which deal in precious metals.