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February 02, 1995 - Image 3

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Publication:
The Michigan Daily, 1995-02-02

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The Michigan Daily - Thursday, February 2, 1995 - 3
Consulting group
members tell of
money strategies

GW students
challenge
gender-based
"lon pricing
.The gap in haircut prices for men
and women soon may narrow, thanks
in part to the efforts of four law students
at George Washington University.
To fill a course requirement on
legal activism, the four students filed
a complaint with the District of
Columbia's Department of Human
&ghts against seven salons, claiming
Tiaircut prices are unfairly based on
sex, and not on hair length or the
cofniplexity of the cut.
"The complaint challenges salons'
practices of routinely charging women
more than men.
"Even if a women has a short,
simple style she would have to pay
more than a man for a haircut," said
wight Eichenbaum, one of the stu-
Vnts filing the complaint.
To determine that gender was the
reason behind the gap in pricing, the
students called different salons and
found that even if a women wanted a
simpler cut than a man she would be
qdoted a higher price.
The students' efforts have proven
successful. Six of the seven salons
charged - including the chic salon
esident Clinton frequents, Cristophe
- have agreed to stop basing prices
on gender.
Prices will now be adjusted, so
that other factors, such as how long
the cut takes and the difficulty of the
cut will serve as a price basis.
Eichenbaum, along with the course
instructor, Prof. John Banzhaf, said
that prices may still be higher for
omen - if they require a more
ficult cut - but the higher price
will now at least not be set by a sex-
biased principle.
The women of
Miami University ...
A calendar now on sale at Miami
University in Oxford, Ohio, features
eguniversity women. But unlike a
calendar published there last year, the
women aren't bikini-clad.
The Association for Women Stu-
denits published the calendar in pro-
test of a 1993 calendar that focused on
wdmen's physical attributes. This
year's calendar focuses on university
women's merit and achievement.
Marna Ridenour, a junior who
ked to get the $5 calendar pub-
40hed, expressed the rationale behind
the calendar.
"Women in the Miami commu-
nity have made an impact. It (the
catendar) depicts the women doing
things on campus," Ridenour said,
adding that the women's service is
highlighted.
Female faculty, staff and students
are profiled in the calendar, with bio-
Aphical information and the reason
or their selection. The women are pho-
tographed in their offices, classes or
other settings in which they make con-
tributions to the campus community.
About 300 copies of the calendar
have been sold. The group published
1,000 copies. Profits made will cover
the costs of printing, and any money

left over will be donated to Dove
douse, a shelter for battered women.
- Compiled by Daily Staff Reporter
Kelly Feeney

And the sparks fly
Greg Glerke works on a steam turbine at the Central Power Plant.
Archer to visit campus for panel
discussion on political science

By James Elworth
For the Daily
Students in the Business School
had a chance to see investment theory
put into practice yesterday, in a lec-
ture delivered by representatives of
Smith Barney Consulting Group, a
national money management firm.
The talk, sponsored by the Michi-
gan Investment Club and titled "Pro-
fessional Money Management and
Multiplying Your Investment Re-
turns," took place in the Business
School's Hale Auditorium.
Senior Vice President Theodore
Kilar and Vice President Richard Ferri
of the firm's Troy branch office de-
livered the presentation.
Kilar, a medical doctor, cited his
early investment failures, including
buying a partnership in a coal mine
that didn't exist, as motivations for
devoting a significant portion of his
spare time to following the stock
market.
Eventually, he decided to leave
his medical practice to pursue invest-
ing full time. "It's a great profession,
and you can make it what you want,"
he said of money management.
Kilar, who was nominated in a
Wall Street publication as one of the
top 100 investors in the country, had
words of encouragement for those
considering a career in the field: "The
sky is the limit if you want to do well
in this business."
Students expressed an apprecia-
tion for the hard work and experience
necessary to become a successful
money manager.
"The advantage these guys have is
that they're following the market every
day, 9 to 5 . . . from 7 to 7, really," said
MBA student Paul Williamson. "It's
difficult even for a professional to pick
a sure bet, though." .
Ferri presented an in-depth look at

By Jennifer Harvey
Daily Staff Reporter
Detroit Mayor Dennis Archer will
be on campus tonight to share his in-
sights about careers in political science.
Archer is one of a number of pan-
elists appearing as part of a program
sponsored by the Career Planning and
Placement center in conjunction with
the political science department and
the Undergraduate Political Science
Association. The panel will speak
from 6-8 p.m. in the Kuenzel Room of
the Michigan Union.
"We're very positive about this
program. There's lots of excitement
about it," said Sara Turner, a senior
counselor and supervisor of CP&P's

Wyoug90
Who: Dennis Archer
Where: Michigan Union
When: Tonight, 6-8 p.m.
Public Service Internship Program.
Tonight's program will involve
people with experience in public ser-
vice, law, media and business. The
panelists will relate how their politi-
cal science degrees prepared them for
their careers.
Other panelists include: Jeff
Gourdji, legislative assistant to state
Sen. Alma Wheeler Smith (D-Ann
Arbor); Bhavin Shah, management
consultant for McKinsey and Com-
pany; Erica Munzel, assistant direc-

tor of admissions for the University's
Law School; Ken Goldstein, Univer-
sity political science instructor; and
political science Prof. Christopher
Achen.
Event organizers expect a high
number of students to turn out. "We've
had publicity all over campus ranging
from flyers and ads to announcements
in classes," Turner said.
Turner added that students may walk
away from tonight's program with more
than just a better understanding of the
benefits of a political science major.
"We've (CP&P) sponsored the Public
Service Internship Program for 25 years.
This is another event recognizing that
commitment to public service."

State House to review
single-bunking policy

LANSING (AP) - Michigan's
goal of returning prison cells to single
occupancy is impractical and should
be repealed, a House committee said
in a vote yesterday.
Doubling bunking has been in
place inmost state prisons since 1991,
according to the Department of Cor-
rections. The practice was initially
approved as a temporary measure to
deal with growing prison populations.
Cells were supposed to go back to
single bunks as quickly as possible.
But that has yet to happen, and
lawmakers have extended several
deadlines for returning to single bunks.
Now, lawmakers on the House Judi-
ciary and Civil Rights Committee have
approved a plan to dump the goal.
Richard McKeon, a corrections
official, told the committee that Michi-
gan was one of the last states to accept
the double bunking concept because
of prisoner and guard safety concerns.
But he said there haven't been any
increases in assault cases since 1991,
and there may have been some de-
creases.
"It's worked very well," he said.
There are about 30,000 prisoners

either double-bunked, triple-bunked
or living in dormitory-style rooms,
Corrections Department spokesman
Warren Williams said. Between 8,000
and 9,000 inmates have single occu-
pancy cells, according to department
figures.
McKeon added that returning to
single bunking in 1997, the current
deadline, would force the state to build
space for about 11,000 new beds.
That would be on top of new beds the
department needs to meet current
population expectations.
"We're not in the position to go
back to single bunking," he said.
The measure passed the commit-
tee, 13-3.
Rep. Nelson Saunders (D-Detroit)
argued that aside from economic is-
sues. the department presented no in-
formation on how double bunking
affects prisoner rehabilitation and
guard safety. He voted against the
bill.
He proposed amendments to ex-
tend the single-bunking deadline to
2000 and to require a report on the
noneconomic effects of double bunk-
ing. The committee rejected both.

Theodore V. Kilar, M.D, speaks at
the Business School.
the performance of a number of dif-
ferent investment strategies. Using a
series of graphs and charts, he argued
in favor of stability and long-term
perspective in a portfolio.
Like his colleague, Ferri had ad-
vice for prospective money manag-
ers. "Try to get a summer internship.
And start now, because by May,
they're all taken up," he said.
Students saw the talk as an oppor-
tunity to apply theory learned in the
classroom to real-world market situa-
tions. "This is everything we've
learned in class applied," said Busi-
ness School senior Corey Tobin, a
vice president of the Michigan In-
vestment Club.
The event also provided an oppor-
tunity for "networking."
"Any time a company comes on
campus, if you want to be cynical,
you can look at it as a job opportu-
nity," said Mitch Schlesinger, an MBA
student.
Scientists see
eries as
possible food
additive
ACME, Mich. (AP) - With
health-conscious consumers turning
up their noses at artificial food addi-
tives, Michigan State University sci-
entists say prospects are bright for an
all-natural alternative: the cherry.
A year of research into Plevalean,
a mixture of ground beef and tart
cherries, suggests cherries might be.
used to reduce fat and preserve flavor
in a variety of foods, the scientists
said yesterday.
"We see a whole new opportunity
for cherries," Bill Haines, director of
MSU's Food Industry Institute, told
growers and marketers at the annual
Northwest Michigan Orchard Show.
The fruit might become popular
not just as an "intact food" in pies and
other products, but as a "high-value
food additive," Haines said. "This is
the kind of thing we want to spend
more time in our laboratories taking a
look at."
Michigan is the nation's top pro-
ducer of tart cherries, which are used
primarily for pie filling, and a leading
producer of sweet cherries, used for
juices, canning and table fruit.
Michigan State began its study of
Plevalean in December 1993 at the
request of its creator, Leelanau County
butcher Ray Pleva, who touts it as a
tasty, low-fat alternative to regular
hamburger.

Airborne
Andy Ragalyl, a sophomore at the University's Dearborn campus, skates
with some friends on the stairs of the Business School. Ragalyl broke his
board when he landed from this jump.

GRouP MEETINGS
Q Bible Study and Fellowship, spon-
sored by ICM, 763-1664, Baits 11,
Coman Lounge, 6-8 p.m.
Q Eye of the Spiral, informal meeting,
747-6930, Guild House Campus
Ministry, 802 Monroe, 8 p.m.
[ Golden Key National Honor Soci-
ety, Campus Awareness Informa-
tion Tables, Angel Hall, Fishbowl,
10 a.m.-4 p.m.
0 intervarsity Christian Fellowship,
764-5702, Dana Building, Room
1040, 7 p.m.
EVENTS
Q "Astronaut Training Video Presen-
tation." sponsored by Ann Arbor

p.m.
J "Food and identity: 'Japanese Rice'
in Cross-Cultural Perspective,"
sponsored by Center for Japanese
Studies, Lane Hall Commons
Room, 12 p.m.
Q "Fort Ancient Archaeology In Ohio:
Conceived in Error, Perpetuated
by Conceptual Rigidity," brown bag
lecture, sponsored by Museum of
Anthropology, Museum of Natural
History, Room 2009, 12 noon-i
p.m.
0 "IDS, American Express Financial
Advisors information Session,"
sponsored by CP&P, Michigan
Union, Pond Rooms ABC, 7-9 p.m.
Q "Lecture by U-M Alumnus Sen. Alma
Wheeler Smith," Black History

Chemistry Building, Room 1640, 4
p.m.
Q "Sister Souljah On Her Book 'No
Disrespect,'" sponsored by Bor-
ders Books, Borders Books and
Music, second floor, 7:30 p.m.
D "Winter Blood Drive," sponsored by
Alpha Phi Omega, Markley, 1-7 p.m.
STUDENT SERVICES
s 76-GUIDE, 764-8433, peer coun-
seling phone line, 7 p.m.-8 a.m.
U ECB Peer Tutorial, Angell Hall Com-
puting Site, 747-4526, 7-11 p.m.,
Mary Markley, 7-10 p.m.
Q Campus information Center, Michi-
gan Union, 763-INFO; events info
76-EVENT or UM*Events on
GnnherRI L IF

Wondering what you can do with your mador?
Explore your options b attending:

Thursday, February 2 6:00-7:30 pm
Sponsored with Political Science Department
Michigan Union Kuenzel Room

I I

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