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The first elevator shaft preceded the first elevator by four years. Construction for Peter Cooper's Cooper Union Foundation building in New York began in 1853. An elevator shaft was included in the design, because Cooper was confident that a safe passenger elevator would soon be invented. The shaft was cylindrical because Cooper thought it was the most efficient design. Later, Otis designed a special elevator for the building. Today the Otis Elevator Company, now a subsidiary of United Technologies Corporation, is the world's largest manufacturer of vertical transport systems.

The Otis Elevator Company is today a subsidiary of what major corporation?
Answer: United Technologies Corporation
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Think-tanks such as the World Pensions Council have also argued that European legislators have pushed somewhat dogmatically for the adoption of the Basel II recommendations, adopted in 2005, transposed in European Union law through the Capital Requirements Directive (CRD), effective since 2008. In essence, they forced European banks, and, more importantly, the European Central Bank itself e.g. when gauging the solvency of financial institutions, to rely more than ever on standardised assessments of credit risk marketed by two non-European private agencies: Moody's and S&P.

What said that agencies had to start using Moody's and S&P to assess financial institutions?
Answer: the Basel II recommendations
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Some of the most important surviving works of Old English literature are Beowulf, an epic poem; the Anglo-Saxon Chronicle, a record of early English history; the Franks Casket, an inscribed early whalebone artefact; and Cædmon's Hymn, a Christian religious poem. There are also a number of extant prose works, such as sermons and saints' lives, biblical translations, and translated Latin works of the early Church Fathers, legal documents, such as laws and wills, and practical works on grammar, medicine, and geography. Still, poetry is considered the heart of Old English literature. Nearly all Anglo-Saxon authors are anonymous, with a few exceptions, such as Bede and Cædmon. Cædmon, the earliest English poet we know by name, served as a lay brother in the monastery at Whitby.

What is an important Old English religious poem?
Answer:
Cædmon's Hymn