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April 07, 1998 - Image 2

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The Michigan Daily, 1998-04-07

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2 - The Michigan Daily - Tuesday, April 7, 1998
Continued from Page 1
excitement about industrial organization," Adams said.
Adams also lectured about his interest in the European
economy. He spent a year in France with his family - a time
he called "magical."
"By the time I began traveling to Europe with my wife, I
knew France better than the United States, and I spoke French
fluently," Adams said.
Both of Adams' sons, Matthew and Zachary, were influ-
enced by the year the family spent in Aix-en-Provence.
Matthew acquired a fleeting French accent, and Zachary
mixed French and English together in his speech.
The link between beer and the economy was another topic
of Adams' speech. Although Adams said he prefers French
wine, he spoke about the tariffs between Germany and the
Dutch in 1968.
"As a result, even though many people in this room might
be prepared to swear on a stack of six-packs that Heineken
makes a pretty good beer, the Dutch brewer could not nec-
essarily sell its brew legally in Germany," Adams said.
Adams discussed his admiration for some of the previous


Golden Apple winners who were in attendance for the lec-
"Being placed with professors I admire such as Sidney
Fine, Ralph Williams and Eric Mann is a tremendous honor,"
Adams said. "I also think its especially important since the
students choose the award."
Williams, who won the award in 1992, said he enjoyed the
personal nature of Adams' lecture.
"I thought it was deeply interesting to the extent that he
reflected on the formation of his own mind," Williams said.
That more intimate look at Adams through his lecture was
of interest to most of his students, but some in attendance said
they did not appreciate it as much.
"I thought it was pretty interesting, but I thought it was a lit-
tle pompous," said LSA first-year student Amanda Hultin, who
has never had a class with Adams. "He seemed to be bragging."
Other students said they like the personal touch of his last
"I thought it was cool that it was personal," said LSA
senior Jeffrey Baker, who took an economics class with
"I think he's extremely bright and I enjoyed figuring
more out about his experiences and philosophies."

Continued from Page 1
Nevertheless, tests of the drug,
first reported this past weekend,
mark "the first time in history that
we have evidence that breast cancer
can not only be treated, but also pre-
vented," said Dr. Bernard Fisher, an
Allegheny University professor and
scientific director of the study that
involved more than 13,000 women.
Tamoxifen has been used for 25
years to treat breast cancer, but the
study is the first to show the drug
can prevent the disease in some
The drug is known as an "anti-
estrogen" because it blocks the
effects of the hormone in some tis-
sues and retards growth of cancer
cells that depend upon estrogen.
Federal officials said the breast
cancer benefits from the drug are so
clear that they cut short a long-term
clinical trial and notified the 13,388
women participants of the findings.
The 6,707 women in the study who
had been taking a placebo, or
dummy drug, will be told they could
now start taking tamoxifen, officials

Court refuses to shield tobacco memo
WASHINGTON- Tobacco companies lost their fight to keep some of thei
most closely guarded documents secret yesterday when the Supreme Court denie
cigarette makers' emergency request to keep them confidential.
As a result, the industry sent more than 100 boxes containing 39,000 documents
including secret communications among industry law firms and between the com
panies' lawyers and executives, to lawyers for the state of Minnesota and BI
Cross and Blue Shield, which are suing the tobacco industry. The papers co
begin appearing in court as early as tomorrow.
"This landmark decision puts an end to the most egregious corporate fraud i
American history" Minnesota Attorney General Hubert Humphrey Ill said in
The industry also delivered copies to Rep. Thomas Bliley Jr. (R-Va.) who ha
demanded the documents as Congress grapples with tobacco legislation. Blile
said he would conduct a bipartisan review of the documents and hopes to releas
them to the public on the Internet.
The documents could play a pivotal role in congressional debate over nationa
tobacco legislation. Last year, the release of documents suggesting that R.
Reynolds Tobacco Co. for years had targeted teen-agers in its marketing inte
fied the opposition to granting the industry broad protection from lawsuits.

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Citicorp, Travelers
agree on merger
Citicorp and Travelers Group yester-
day struck a $82 billion deal that would
create the world's largest financial ser-
vices company and change the face of
banking in the United States and
The merger - double the previous
record of $37 billion - stunned Wall
Street and quickly raised concerns
from consumer groups, bank experts
and lawmakers because it would chal-
lenge Depression-era laws barring
banks, securities and insurance firms
from getting into one another's busi-
nesses. Citibank is the nation's second-
largest bank, and Travelers is the parent
of Salomon Smith Barney Inc.
Assuming the regulatory hurdles can
be cleared, the combined entity will
usher in a new era in financial services
in which global financial supermarkets
battle for customers by providing "one-
stop" shopping. Consumers eventually
could take out life insurance, buy
stocks, pay bills and obtain credit

cards, all with a phone call or a visit t
a branch office.
"This is a transforming merger," sai(
John Reed, Citicorp's chairman an
chief executive, who will serve as co
chairman and co-chief executive witi
Travelers' chairman and chief execu
tive, Sanford Weill.
New 'ae shows
details o Mars''Face'
PASADENA, Calif. - A new high
resolution portrait of the so-calle
"Face on Mars," released yesterday b:
NASA' s Jet Propulsion Laboratory
reveals the enigmatic feature in 1l
times greater detail than previous
available, showing the eroding feat
of what appears to be a natural geolog
ic formation.
Even so, it is unlikely to sttl<
completely a 20-year controvers:
over whether the formation is a fluk
of weathering, as most planetary sci
entists believe, or the work of ai
ancient alien civilization, as som

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Ii I


Hamas bomb maker
killed by rivals
JERUSALEM - The master bomb
maker for the militant Hamas group
was killed by fellow members of the
Islamic resistance in an internal power
struggle, Palestinian officials declared
yesterday, exonerating Israel of
involvement in his death.
An investigating committee has
identified the killer and some of the
accomplices in the killing of Mohiedin
Sharif, said Nabil Shaath, a Palestinian
Cabinet minister and peace negotiator.
"They are people inside Hamas, they
are very close to Sharif," Shaath told
reporters in the West Bank town of
Palestinian officials said five mem-
bers of Hamas's Izz el-Din al-Qassam
military wing were under arrest in con-
nection with the killing and a sixth was
still at large.
Hamas rejected the findings as
"lies" and renewed threats to avenge
Sharif's death. "They told us the
same story they gave to the media,
which is that they arrested five

Hamas people who are behind th
assassination of Sharif," Abdel Azi
Rantisi, a Hamas political leade
said after Palestinian official
briefed him on the investigation
Gaza City. "We told them that th
an unacceptable story."
Mitchell seeks draftt(
deliver compromise
BELFAST, Northern Ireland -A
what one negotiator called "the mot
pivotal point in Northern Ireland's his
tory," the American guiding peace talk
agonized yesterday over details
draft accord spelling out how Nort
Ireland will be governed.
Former Senate Majority Lead
George Mitchell worked into the nigl
yesterday to complete the draft an
deliver it to the eight participating pai
ties, which would cap a 22-mont
effort to broker a compromise.
Mitchell postponed publishing h
document all day in hopes that he coul
reduce divisions between the north
two biggest parties.
- Compiled from Daily wire report

The October LSAT has been
moved to September...

...which means BACK TO SCHOOL: moving in,
buying books, and class scheduling problems...



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