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October 07, 1985 - Image 2

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The Michigan Daily, 1985-10-07

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4

Page 2 - The Michigan Daily - Monday, October 7, 1985
WSU paper to respond to firing

By ERIC MATTSON
The staff of The South End, Wayne State Univer-
sity's student newspaper, is expected to decide
today how it will respond to the firing of Editor
Patricia Maceroni Thursday night over her
refusal to end a ban on military advertising.
Today's issue of The South End, which is
published Monday through Friday, was edited by
Chris Greenlee, the paper's second-in-command.
"I am still apparently running the paper, at least
for today's issue," said the managing editor, a
staunch supporter of Maceroni.
RANNA PAREKH, chairwoman of the Student
Newspaper Publications Board which dismissed
Maceroni Thursday night, said she has asked
News Editor Maureen Aitken to step in as editor.
Aitken is expected to decide whether she will

assume the post after meeting with the staff
today, according to Greenlee.
Aitken disagreed with Maceroni's controversial
decision last month to reject advertisements from
the United States military, Parekh said. She ad-
ded, however, that Aitken's response was not the
main reason for asking her to consider the $150-a-
week position.
Aitken could not be reached for comment.
GREENLEE said he has "no idea" who will edit
tomorrow's issue of The South End, and he
declined to speculate whether the staff will walk
out, shutting down the entire paper.
The board did not appoint an interim editor
after Parekh announced the decision to fire
Maceroni. "I was under the impression that we
don't need an editor to get the paper out," said
Parekh.

The nine-member board that functions as the
paper's publisher voted to dismiss Maceroni after
one member charged her with insubordination. In
a Sept. 3 editorial, Maceroni announced that The
South End would no longer accept military adver-
tising because "it is hyprocritical for me to blast
Ronald Reagan's militaristic policies on the
commentary page and then accept a full page ad
announcing marine recruitment schedules."
The board ordered Maceroni to reinstate the ad-
vertisements, and fired her after she refused.
Maceroni's attorney, John Minick, said he will
file a suit against the board in federal court,
chargingthat the senior's First Amendment
rights have been violated. He said he will also seek
a temporary injunction this week to reinstate her
as editor until the issue is settled in court.

BUSINESS
Commitment key to success, said oil exec.

By PHILIP CHIDEL
T. Boone Pickens Jr., founder,
chairman, and president of Mesa
Petroleum, said Thursday afternoon
that the only way to succeed is to
commit yourself and act upon your
commitment, and that you should
" never apologize for making money
honestly, because there's really no
other way to make it but honestly."
A standing room only crowd of ap-
proximately 500 people filled Hale
Auditorium to see the famed oil
executive speak on the free enterprise
system in America.
The 35-minute long speech, entitled
"Encouraging Entrepeneurs,"
focused on success and how to achieve
it. Pickens, who at age 57 is reportedly
the nation's highest paid executive,
said good deals must be acted upon,
but they should not be rushed. He said

that, especially in the beginning,
many "deals of a lifetime" will come
along, but very few of them actually
are once-in-a-lifetime deals.
ANOTHER BIT of Pickens' advice
was to be ready to commit yourself
fully to what you do, but not to get
emotionally tied.
He also warned never to lose sight
of your hobbies, your interests, or
most especially, your family. Enjoy
what you do, but do it only if you enjoy
it.
Pickens started Mesa Petroleum in
1959 with a mere twenty-five hundred
dollars. Now, twenty-six years later,
Mesa is a $1.5 billion corporation and
is the second largest independent oil
company in the United States, yet it
employs only 525 people.
PICKENS IS also involved in cor-
porate takeover activity, earning him
Business Week's designation as "the
No. 1 raider of them all." Over the
past two years, Pickens has attem-
pted to take over such oil companies
as Cities Service, General American,
Gulf, Phillips, and most recently
Unocal. Pickens has yet to achieve
fully an actual takeover, but he has
made millions of dollars through his
attempts. In the Gulf attempt alone,
Pickens and Mesa Petroleum came out
$700 million richer.
A corporate takeover involves
trying to gain control of a company by
acquiring a majority of the stock. In
Picken's case, the takeover was done
against the wishes of management.
After the speech, Pickens engaged
in a 45-minute question and answer
period. Most all of the questions
revolved around his activity in cor-
porate takeovers, and quite a few

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surrounded the outcome of the thwar-
ted takeover attempt of Unocal.
In that case, Pickens was about to
take control over the beleaguered oil
company when a Delaware judge
made a controversial decision
allowing Unocal to fight Pickens, who
possessed just under 15 percent of
their stock and was thereby a
majoritytshareholder. Unocal was
allowed to buy back stock from all
shareholders who wished to sell ex-
cept Pickens.
PICKENS called the decision "the
greatest surprise" of his career.
Karla Scott, a second year MBA in
the business school, said that Pickens
"is the most newsworthy person" and
that "only (Lee) Iacocca at this point
could draw such a crowd."
Phil Rosenblum, also a second year
MBA in the business school, agreed.
"He's going to be a tough act to
follow," he said referring to future
speakers.
About the way Pickens conducted
himself, Scott said that he was "very
down to earth, very insightful, very
candid ... and very honest." She was
impressed by the way he stressed that
you can't cheat and win and that you
should never be ashamed of making
money honestly. She also liked the
way he was "so well-organized .
and so successful," yet he was "not
arrogant or intimidating."
Business Week has called Pickens
an "advocate of shareholder rights
and of oil industry restructuring" of
what he has been a part of for the past
few years. Explained Pickens:
"Somewhere along the line,
stockholders saw themselves as in-
vestors, now owners, and the
management started to see them-
selves as owners, not employees. That
has got to change."
Pickens also said,U"We have more
entrepeneurs in the U.S. than the rest
of the world combined." He added
that there was "plenty of room to go
"Good service.
good coverage.
mod price-
That's State Farm
insurance."
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JILEK
450 S. Main
ASuite 3
Ann Arbor
761-2666
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State Farm is there.
me State Farm
INSURANCE HomeOffices
'nsuroane onmanies
i NS UR AN CE@ Bloomington .Ilhinois

out there and do whatever you want to
do ... The sky really is the limit."

IN BRIEF
COMPILED FROM ASSOCIATED PRESS AND
UNITED PRESS INTERNATIONAL REPORTS
Caller says Soviets held until
superpowers end Lebanon war
BEIRUT, Lebanon - A caller saying he represented the extremist
group holding three Soviet Embassy personnel as hostages said yester-
day they would not be freed until the Soviet Union and the United States
end Lebanon's 10-year-old civil war.
The anonymous caller told a Western news agency that the group
holding the Soviets, the Islamic Liberation Organization, also appealed to
another terrorist organization not to free the American and French
hostages that it kidnapped.
Guerrillas of the Islamic Liberation Organization, a Moslem fun-
damentalist group, kidnapped three Soviet diplomats and a Soviet Em-
bassy doctor on Monday and the body of one, Cultural Attache Arcady
Katkov, was found Wednesday in a West Beirut suburb. He had been shot
in the head.
In its initial report of the abductions, the Islamic Liberation
Organization threatened to kill all four Soviet hostages unless Syrian-
backed militias halted their offensive against the Moslem fundamentalist
Tawheed militia in the northern port city of Tripoli.
Senate blocks budget plan vote
WASHINGTON - The Senate, meeting in a rare session yesterday,
rejected please from President Reagan and refused to kill a Democratic-
led filibuster blocking action on a balanced budget and an emergenct
boost in the national debt limit.
From his retreat at Camp David, Md., Reagan called for an end to a
Democratic-led filibuster and urged approval of the proposal that would
balance the budget by 1991 and lead to passage of a bill raising the debt
ceiling from $1.8 trillion to $2 trillion.
Splitting along party lines, the Senate voted 57-38 - 6 short of the two-
thirds needed to crush the rebellion - leaving the fate of the budget
proposal hanging and moving the federal government to the brink of a
financial crisis.
Senate Republican leader Robert Dole, refusing demands for ad-
ditional time to consider the far-reaching implications of the budget
package, called a weekend session in an effort to crack the filibuster.
Dole scheduled a second vote today on ending the debate.
Expert probes miliAr buildup
WASHINGTON - The Reagan administration's Pentagon buildup has
produced only "minuscule improvement" in national defense despite
large budget increases in the last four years, a leading congressional
military expert said yesterday.
"Only in the personnel area do the figures clearly demonstrate real im-
provements for the money invested," said Rep. Les Aspin, (D-Wis.),
chairman of the House Armed Services Committee.
Aspin's report is the latest example of growing congressional resistan-
ce to large increases in the defense budget and tougher scrutiny of the
Pentagon.
Starting tomorrow, Aspin's committee will begin a series of hearings in-
tended to be a wide-ranging examination of Pentagon policy and whether
the Defense Department is wisely ipending its money and buying the
right weapons. -
In 1981, President Reagan entered office calling for large increases in
defense spending that he said were needed to "rearm America" and
reverse what he called "a decade of neglect" of the Pentagon.
U.S. toughens I.M.F. policy on
loans to Third World nations
SEOUL, South Korea - Treasury Secretary James Baker told the
governing panel of the International Monetary Fund and World Bank
yesterday that new U.S. proposals to solve the Third World debt crisis do
not include more money.
He also said the United States must put its own economic house in order
before it can help developing countries grow.
Baker, who will open the formal session of the 40th annual meeting of
the IMF and World Bank tomorrow by outlining new U.S. proposals, told
the 22-member governing committee that Washington remains firmly
committed to phasing out a temporary increase in access to IMF lending
resources enacted in 1981.
Finance Minister Dilson Funaro of Brazil, the biggest debtor nation,
told the committee that sustainable growth is impossible unless major
industrial countries coordinate their economic and monetary policies.
Youth, police riot in London
LONDON - More than 500 youths clashed with police in fierce street
fighting last night in north London, and Britain's domestic news agency
reported three police officers had been shot and wounded.
Police did not confirm the report by Press Association.
Scotland Yard spokeswoman Gillian Humphrey said earlier that six of-
ficers had been injured during the rioting in the Tottenham district, but
she did not say how the wounds were inflicted.
Press Association said one officer was seen being dragged away uncon-
scious. It quoted another as saying, "They are now using shotguns."

The London ambulance service reported 27 people were taken to
hospitals.
It was the fourth outbreak of violence in Britain in as many weeks,
following riots last weekend in the south London district of Brixton and
earlier disturbances in the industrial cities of Birmingham and Liver-
pool.
The latest trouble came a day after a black woman died while police
were searching her home. Police said the woman apparently suffered a
heart attack, but her family disputed that.
There was no immediate report of arrests.
0 Ie hclhtgan atgi
Vol XCVI-- No. 23
The Michigan Daily (ISSN 0745-967 X) is published Monday through
Friday during the Fall and Winter terms. Subscription rates: September
through April - $18.00 in Ann Arbor; $35.00 outside the city. One term -
$10.00 in town ; $20.00 out of town.
The Michigan Daily is a member of The Associated Press -and Sub-
scribes to United Press International, Pacific News Service, Los Angeles
Times Syndicate, and College Press Service.

14

4

14

Pickens
... focuses on success

STUDENTS
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f

Career Planning &
Placement
Recruiting Schedule
The following employers and
representatives from
graduate/professional schools
will be on campus to conduct in-
terviews. The following is the
schedule for the next three
weeks.
October 7
Harvard & Princeton Kennedy
School of Govt.
Public Policy Program
Michigan Citizens Lobby
October 8
National Bank of Detroit
October 9
Michigan Citizens Lobby
October 10
Cullinet
Electronic Data Systems (EDS)
October i4
MIT/Lincoln Laboratory
Mutual of Omaha
October 15
Davison's
Monterey Institute of Intl. Studies
National Security Agency
Ohio College of Podiatric Medicine
Peace Corps
Sears, Roebuck & Co.
October 21
Chevron
K-Mark Apparel
Software Decisions, Inc.
M' tailback receives
deferred sentence
Thomas Wilcher, a University senior
and football team tailback, was or-
dered to perform 72 hours of com-
munity service and pay $479 in
restitution and court costs in connec-
tion with a February incident in which
he allegedly punched two other
students after an intramural basket-
ball game.
Wilcher received the deferred sen-
tence Friday morning in 15h District
Court. He entered a plea of no contest
last month to two charges of
aggravated assault. Athletic officials
said Wilcher had been disciplined by
the team last year and would continue
to play.
DO YOU DRINK
A SIX-PACK OF
BEER A WEEK?
If yes, and you are 21 years of age, male,
and plan to watch the World Series ...
U00 taam a MIE

4

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Sendays evning┬žs,
W e e aac8iie
* Skildirutrudae

Editor in Chief...................NEIL CHASE
Opinion Page Editor ............ JOSEPH KRAUS
Managing Editors.......GEORGEA KOVANIS
JACKIE YOUNG
News Editor ................THOMAS MILLER
Features Editor.............LAURIE DELATER
City Editor ..................ANDREW ERIKSEN
Personnel Editor............TRACEY MILLER
NEWS STAFF: Jody Becker, Laura Bischoff, Nancy
Driscoll,Carla Folz, Rachel Gottlieb, Sean Jackson.
David Klapman, Vibeke Laroi, Carrie Levine, Jerry
Markon, Eric Mattson, Amy Mindell, Kery Mura-
kami, Christy Reidel, Stacey Shonk, Katie Wilcox.
Magazine Editor .............RANDALL STONE
Arts Editor ..................CHRIS LAUER
Associate Arts Editors ...........JOHN LOGIE
Movies .................. BYRON L. BULL
Records ......................BETH FERTIG
Books .....,.............. RON SCHECHTER

Sports Editor ...................TOM KEANEY
Associate Sports Editors ............. JOE EWING
BARB McQUADEADAM MARTIN,
PHIL NUSSEL, STEVE WISE
SPORTS STAFF: Dave Aretha, Eda Benjakul, Mark
Borowsky, Emily Bridgham, David Broser, Debbie
deFrances, Joe Devyak, Rachel Goldman, Skip
Goodman, Joh Hartmann, Steve Herz, Rich Kaplan,
Mark Kovinsky, John Laherty, Scott Miller, Brad
Morgan, Jerry Muth, Adam Ochlis, Mike Redstone,
Scott Shaffer, Howard Solomon.
Business Manager .........DAWN WILLACKER
Sales Manager ............ MARY ANNE HOGAN
Assistant Sales Manager ..............YUNA LEE
Marketing Manager ..........CYNTHIA NIXON
Finance Manager ..............DAVID JELINEK
DISPLAY SALES: Sheryl Biesman, Diane Bloom,
Gayla Brockman, Debbie Feit, Jennifer Heyman,
Greg Leach, Debra Lederer, Beth Lybik, Sue Me-
L aav. KritineMiler.Kathle..nO'r...

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