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 $700 million richer. A corporate takeover involves trying to gain control of a company by acquiring a majority of the stock. In Picken's case, the takeover was done against the wishes of management. After the speech, Pickens engaged in a 45-minute question and answer period. Most all of the questions revolved around his activity in cor- porate takeovers, and quite a few Drrie 542 LSA Budding 764-9216 INSTANT: Passport - visa - .$pplca des, 'Photos while U wait hrs. - 1:00-4:30 Mon - Fri 10% STUDENT DISCOUNT 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." DAN JILEK 450 S. Main ASuite 3 Ann Arbor 761-2666 STATE FARM Like a good neighbor, 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 TELEPHONE ANSWERING for ONL Y $7.50a month -24 hours every day. & >' Don't wait for a little bird to bring you messages Get a voice mailbox U. S. NEVER MISS A CALL! Pi1VOICE Call Now 455-6390 MAIL. 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 14 A Arthur Andersen& Co. hxation Needs Your Representation If your specialty is tax, you should be talking to ArthurAndersen & Co. We offer direct entry into our Tax Division for qualified graduates. Arthur Andersen & Co. will I , ., n _. Sendays evning§s, 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... S - s - _ E