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December 06, 1988 - Image 27

Resource type:
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




for loan







By Matt Burgard
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, of course,
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

t:DAmn DD17C u _.

v -

- -

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 tycoons are 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

I ~ ~ 0V6 V Im6IIuu1m3IIuaIIsItIIIIII IIIItm

.zooms Pas

6laIas uww JOng~

id-easy ski week in Aspen grab you
edible days in a great hotel, two ski resort lift tickets
ew pairs of K-2® skis as well!!
se heavy-duty library books back to your dorm!
,d with our very own Grape-Nuts® brand logo!
irts. Perfect attire for T with the dean, right?!
se nasty entrance exams you need sky-high
akes to make it into Grape-Nuts® U. is to
e you ever seen such easy questions??)
)elow. Or follow the rules below...you
)d luck!

saim~s Pai!uf
e6elsod ON

jadu~dsma1mN ~floD UN aL 'UJJfl
SMlXVZS&dmS IIS LVma () sjnN-adV9 (VLSOd
33SS3)30OV Ag OlVd 38 IIIM 30VISOd
90b'06 d VOI'V~NOWN VINVS t'L "ON ilffl3d SSV1O IS813
lIVI A- Ad3U SS~Nisf8




Ethics curriculum getting
the nod in business schools

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


:ESSARY.1. On a pre-addressed official entry form or plain postcard, hand
mail your entry to POST GRAPE-NUTS Cereal Ski Sweepstakes, P.O. Box
ed for lost, late or misdirected mail. No photocopied or mechanically
:onducted on or about 1/2/89 from among all eligible entries received
nal. Prizes and their approximate retail values are as follows: one (1)
s of skis and lift tickets. Prize includes round trip airfare and hotel
izes-a pairof sunglasses ($7each); 500third prizes-aT shirt ($3
giate Network, General Foods Corporation, their subsidiaries,
respnsahtyof innes. he ddsof wnnig aprie wil dpen upn telumbe.f Liibloe enrizereive.n rsitutio notanferb
. VUeVU ,moie ana iocai laws and regulations apply. Void in Puerto Rico and where prohibited by law. Taxes on prizes are the sole
resp n i ii o in*"e"" s T h r d ds of w inning a priz i eb pq en toup o nthe nu mberof elig ble enries r eeve d .N ow substutio n o r r nsfer
ofpiepermitted. The Grand Prize winner will be required to sign and return an Affidavit of Eligibility within ten (10) days of
notification. Grand Prize winner and his/her travelling companion
will also be required to sign and return a ialease of liability within
the same period. Noncompliance within the time allotted may
result in disqualification and an alternate winner may be se-
lected. Any prize or prize notification returned to sponsor
D.L.Blair/West Inc. as undeliverable will be awarded to an
alternate winner. By acceptance of a prize, winner consents
to the use of his/her name and/or likeness for purposes of
advertising or trade without additional compensation.
Grand Prize travel must be accomplished within one year
of notification. 4. For the name of the Grand Prize win-
ner, available on or about 3/3/89, send a separate self-
addressed stamped (#10) envelope
Winners, P.O.
BlIa ir, N E '

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.

O 1988 General Foods Corporation. POST* and GRAPE-NUTS* are registered trademarks of General Foods Corporation.

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