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December 06, 1988 - Image 26

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The Michigan Daily, 1988-12-06
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Dollars And Sense NOVEMBER/DECEMBER 1988

NOVEMBER/DECEMBER 1988 Dollars And Sense


Walking for books
Sororities sponsor a
walk-a-thon to help their
school library.
Page 18

Driven to success
Engineering students
design and build a car from
junked parts.
Page 19

Liberal ideas
There are plenty of things
to do with a liberal arts
Page 21

One student says don't
write a letter, let him
videotape it.
Page 22



i for loan






By Matt Burgard
a The Voice
Georgetown U., DC
"Okay, Mr. Burgard, just go to
Station 17 and tell the man you're
GSL Status 2 and that you just
went, electronic today."
"Huh? I'm Status 2 and I just
went electronic today?"
"That's it. Next!"
I reach Station 17. I repeat the
"Well, that's just fine, son. Now,
do you have copies of the applica-
tion, signed, typed and, ofacourse,
in triplicate?"
Of course I don't. My mission
aborted, I slink in shame from
Station 17 while the man gives me
his best you-poor-dumb-slob look.
My resolve is firm, though. I
will not be daunted. I dig up the
required forms via Federal Ex-
press from my parents, who ex-
press reservations about my abil-
I must admit an
unapproved electronic
position does sound
rather uncomfortable,
as well as a little kinky.
ity to succeed bureaucratically.
But I will show them all. Especial-
ly the man at Station 17.
"Here are the forms," I say as I
return, smiling triumphantly. "I
believe you'll find them signed,
typed and, of course, in triplicate."
"So they are, my friend," he says
in a cheerful voice. Not a good
"So I can go home now, right? I
am free of you, right?"
His grin widens; I grow frantic.
"What more do you need? When
will this madness end?"
He folds his hands, mocking
sympathy, concern: "My dear fel-
low, these forms merely provide
clearance for you to receive more
forms, which must be filled out
before we can confirm your GSL 2
status. And I think you'd agree
that it is in everybody's best in-
terest that your electronic posi-
tion is approved, am I right?"
I am unsure, but I must admit
an unapproved electronic position
does sound rather uncomfortable,
See BURGARD, Page 23

When money, fun and stocks meet

Investment Club offers
students chance to learn
while making money
By Dina Alcure
The Brown and White
Lehigh U., PA
For those who have ever had a dream
of playing the stock market, and who
want just for a moment to be on the
corporate circuit of Wall Street, the
Lehigh Investment Club is for you.
The club offers students first-hand
experience in buying and trading stocks
within markets such as the American
Stock Exchange, the New York Stock
Exchange and Over the Counter stocks.
Members are armed with a $65,000
portfolio and a broker from Prudential
Bache Securities.
The membership, comprised of appro-
ximately 120 students, is divided into

groups of three or four. Each group is
given a set of money and has autonomy
to buy or to sell stock. Before a group
makes a trade, it must get approval
from the club's officers or from the club's
adviser, assistant finance professor
David Leahigh. The group which makes
the most money from the original port-
folio wins a cash prize.
"This way, people will feel closer to
their own investment," club treasurer
Karl Thunberg said. "They will have
more control over their money."
In addition to stock trading, the club
offers tips on how to look for a good stock
investment and about the investment
process itself.
"Students actively participate and
take this information into the classroom
and into the future. The ... club had
greater appeal for students," club presi-
dent Jeff Gendel said.
"Our goal is not so much for students
to make money, but for them to learn,"
Thunberg said.

National contest gives
competitors opportunities
to win cash, prizes, trips
By Stacy Sweazy
Kansas State Collegian
Kansas State U.
While Wall Street tycoonssare con-
cerned with the buying and selling of
stocks, a national corporation has come
up with a similar diversion for college
The First Annual AT&T Collegiate
Investment Challenge is a competition
open to college students across the
Contending for the $200,000 in cash
and prizes are thousands of students
who began play in the stock market
challenge game this month. For an en-
try fee of $49.95, students take control
See CHALLENGE, Page 23

GRAND PRIZE: How does a fabulously free-and-easy ski week in Aspen grab you
Not just round trip airfare, six exciting nights and seven incredible days in a great hotel, two ski resort lift tickets
good for a whole week, but two, that's right, two brand new pairs of K-2® skis as well!!
FIRST PRIZE: Five East Pak® backpacks for toting all those heavy-duty library books back to your dorm!
SECOND PRIZE: 100 pairs of groovy shades emblazoned with our very own Grape-Nuts® brand logo!
THIRD PRIZE: 500 "University of Grape-Nuts®" T-shirts. Perfect attire for T with the dean, right?!
TO ENROLL IN THE U. OF GRAPE-NUTS®: Forget those nasty entrance exams you need sky-high
scores on in order to enter most universities. All it takes to make it into Grape-Nuts® U. is to
completely fill out the attached application (have you ever seen such easy questions??)
and return it to the address listed in the rules below. Or follow the rules below...you
know, the usual sweepstakes kind of stuff. Good luck!
POST GRAPE-NUTS* CEREAL SKI SWEEPSTAKES OFFICIAL RULES. NO PURCHASE NECESSARY. 1. On a pre-addressed official entry form or plain postcard, hand
print your complete name and address including Zip Code. Affix first class postage and mail your entry to POST GRAPE-NUTS Cereal Ski Sweepstakes, P.O. Box
"4A *i p.; OAAA A.-- -ed for lost, late or misdirected mail. No photocopied or mechanically
:onducted on or about 1/2/89 from among all eligible entries received
iy L We iinc it iu gan 'has 'ns r nal. Prizes and their approximate retail values areas follows: one (1)
s of skis and lift tickets. Prize includes round trip airfare and hotel
izes-a pairof sunglasses bleach); 500third prizes-aTshirt ($3
ngiate Network, General Foods Corporation, their subsidiaries,
-eligible. Limit one prize per person. Winners will be notified by
ico and where prohibited by law. Taxes on prizes are the sole
umber of eligible entries received. No substitution ortransfer
...-..r- O % .A - &n v-r d return an Affidavit of Eligibility within ten (10) days of




Ethics curriculum getting
the nod in business schools

Campus Address/Phone:
Home Address/Phone:
Grad. Date Degree:
1. if you eat cold cereal, how many times per week do you eat it?
a. Q 4 times a week or more. b. [ 1-3 times a week. c.LQ less than once a week.
2. Where do you eat breakfast?
a. Q in the cafeteria. b. Q prepare on my own. c. Q eat breakfast out d.i don't eat breakfast.
i i b kfast cereals you eat and circle the one you eat most often.

By Hector Herrera
The Signal
Georgia State U.
Highly publicized accounts of white-
collar crime have reached an alarming
level during the 1980s. To combat the
problem, corporate and academic Amer-
ica are now attempting to educate peo-
ple about the importance of ethical be-
havior in the modern world.
Revelations about Drexel Burnham
Corp. have rekindled media attention
that reached a peak more than a year
ago. More and more universities are im-
plementing ethical training as an integ-
ral part of their curriculum.
"If ethical training is applied to a
number of business situations, the stu-
dent develops a method of making value
judgments," said Nancy Marshfield, a
Georgia State professor of legal studies.
"And that will be carried far into their
business lives."
For a school to gain accreditation, the


3. LIST me ereams raryvw-au -,° -
4. What kind of person do you think eats/would eat Grape-Nutse? DE
5. Why do you like/dislike Grape-Nuts®?
6. What cereal do you think is most similar to Grape-Nuts®? What nr
7. Besides as a cold breafast cereal, how else do you/would you eat Grap
other meal occasions?

nakes Grape-Nuts® different or better?
e-Nuts®; with what other foods or at what

American Assembly of Collegiate
Schools of Business requires it main-
tain an active ethics program.
Some companies have also launched
attacks against unethical practices.
Chemical Bank has put high-ranking
associates through extensive ethics
seminars, with the hope that subordin-
ates will learn by example.

© 1988 General Foods Corporation. POST® and GRAPE-NUTS® are registered trademarks of General Foods Corporation.

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