LOCAL/S TATE The Michigan Daily - Wednesday, October 18, 2000 - 7 Regens tohold m~eting n Flint By Jen Fish lion. This figure is an increase of almost )ailyStaffReporter $1 billion and gives the University the fourth largest endowment of all public She University Board of Regents is universities. cheduled to discuss several financial The University Investment Pool, flatters at its monthly meeting tomor- which is the asset holding for the Uni- ow and Friday. versity's construction funds and other Representatives from the auditing working capital, is valued at $1.55 bil- irm PricewaterhouseCoopers will pre- lion. Signs of autumn ;ent the University's financial state- lnents to the regents. The meeting is set to begin tomorrow ifternoon at the University's Flint cam- >us and will resume Friday morning in Fleming Administration Building. niversity Chief Investment Officer Erik Lundberg plans to present the Uni-. iersity's annual report of investments ar Fiscal Year 2000, which ended in une, to the board. The report reflects an ilmost unprecedented growth in the Jniversity's portfolio. "We have a nice, diversified profile hat did exceptionally well last year," udberg said. ccording to the report, the market alue of the University's financial assets xceeded $5 billion. Included in this are ndowment funds, which total $3.47 bil- BushGore GREENS Continued from Page 1 The Green Party is an international party that began in New Zealand dur- ing the l960s and made its way into the United States I 0 years ago. The party stands on four main pillars - social justice, ecology, non-violence and grass-roots democracy. LSA senior Scott Trudeau said the last pillar is a large reason why, as a student, he is running for a spot on the University Board of Regents under the Green Party platform. The University community, he said, "is the students. It is the faculty." The regents tend to be elected based solely on partisanship, Trudeau said, leaving the University with what he said is false representation. Most of the regents "are CEOs from major corporate backgrounds," he said. "The University is not a corpora- tion. It is a university, not the Universi- ty of Michigan Incorporated." Trudeau said he believes student representation would remove corporate influence from the University and give the community valid representation - an idea that falls under the Green Party's grass-roots democratic ideals. Reichardt applied the idea to the national level. "We would prefer the return the U.S. to what it idealistically was," he said. 'Power in the hands of the people - not just the people who have the most money." The Green Party currently has no members serving as elected officials in Michigan - but that may change next month. Charlevoix drain commissioner can- didate Joanne Beemon is running unopposed, although Republicans are mounting a write-in campaign. "We think we've got a pretty good shot at that one," Reichardt said. But Reichardt also said Green Party candidates stand a good chance in other races around the state, including the 11th Congressional District in southern Oakland County. Marilyn MacDermaid of the Green Party is one of six challengers secking to unseat Rep. Joe Knollenberg (R-Bloomfield Hills). Nationally, Reichardt said, Green Party candidates are holding their own in several races in Maine and Alaska. "It's an uphill climb," Reichardt said. No matter how the vote tallies fall, Reichardt believes there will be a place in the future for the Green Party. "I think if things continue to deteri- orate the way they are today, there will be a general upsurgence" he said. "We will reach a point where one of the parties will fall apart and it's feasible to think of the Green Party replacing it.' "This is an opportunity to put all the decisions that the regents have made in context," Chief Financial Officer Robert Kasdin said, The nearly $I billion increase in the endowment, he said, is composed of about "$101 million in new gifts and the rest reflects good investment performance." The regents also will be on hand for the naming of the David French Build- ing. French was the Flint campus' first Chancellor. "I think for those of us who live in the Flint area, that's really wonderful," Regent Olivia Maynard (D-Goodrich) said. Maynard added that the regents will begin their annual evaluation of Univer- sity President Lee Bollinger, which will be held in a closed executive session. s uabble AP MOTO A pedestrian walks along Kearsley Street yesterday on the University's Flint campus. Many trees in Flint and other areas of the lower peninsula of Michigan have begun to change color. duringS. I .EBATE Gontinued from Page 1 ashington University represented the st;, best chance for one man or the ther to gain the support of a large ritical bloc of undecided voters. In a debate that ranged broadly over ampaign topics, a question about the eath penalty provided an emotional noment. *ush was told by one questioner, a lack man, that in an earlier debate he ad seemed proud of the fact that Texas ad executed more criminals than any ther state. "I'm not proud of that," lush said in soft-spoken reply. "Some f the hardest moments since I've been he goovernor of Texas is to deal with mose cases." Several times he referred > his questioner as "sir," and several mes, stressed he wasn't proud, merely ouSi debate carrying out his responsibilities as gov- ernor. In all, Texas has executed 145 inmates since Bush took office in 1995. The debate began with a moment of ,reflection in memory of Missouri Gov ,Mel Carnahan, killed along with his son and a campaign aide Monday night when his small plane went down in bad weather. Bush and Gore both bowed their heads and closed their eyes when moderator Jim Lehrer asked for a brief period of silence. With the somber moment over, Gore seemed eager to carry the fight to his Republican rival in a debate that per- mitted members of the audience to ask questions. The decision to permit questions from the audience created a more freewheeling series of exchanges between Goie and Bush than in their earlier two debates, and they interrupt- ed one another at will. 'VIGI L Continued from Page 1 "We're here tonight simply in com- memoration of those who've died not only in the last three weeks but since the inception of the state of Palestine," Zahr said. Zahr, a member of MSA and the ADC, then led supporters to Michigan Student Assembly chambers, where the assembly was voting on a resolu- tion that would ask the University to disclose investments in Israeli compa- nies. The vigil marked the fourth public event held by these three groups since Sept. 28. Zaim Bengali, vice president of the Muslim Students Association, said he is urging members of his group to do more to show their sup- port otf Palestinians in addition to attending rallies. "Letters are being sent to represen- tat ives like Lynn Rivers ( D-Ann Arbor) and Spence Abraham (R- Mich.}, as w ell as to (President) Clin- ton and to (\'ice President) Gore," Bengali said. "We're voicing our concern over the proposition resolution in the Senate to cut aide to Palestine and urging our Senate not to assign the blame on the Palestinians," he said. Muslim Students Association Presi- dent Ahmed Nassar said he believes it is time for the focus of Palestinian support events to move beyond the informational level. "Funds are being raised for relief," Nassar said. "We've raised money for medical supplies. In addition to sending letters and raising money, the Muslim Students Association held a teach-in last week to further educate students on both the Israeli and the Palestinian sides of the debate. "At the teach-in we raised upwards of $500 for Palestinian hospitals in the West Bank and the Gaza Strip," Nassar said. Nassar said he hopes to schedule future town-hall meetings like the one held Wednesday at Hillel, for students on both sides of the issue to sit down and discuss the crisis in Israel. Business senior Kevin Berman, who is .Jewish, did not attend last night's rally, but said he would also like to see rational debates between piro-Israel and pro-Palestinian students. "Hillel wvants to see how we can more forward ... toward the goal of peace:' Berman said. "We want to be facilitators for a two-sided discussion on the topic:' Are yon intrested n $JbE 3irbI8 I ii1 is now accepting applications for the position of Account Executive. The Michigan Daily will give you the opportunity to gain valuable business experience in display advertising. As an Account Executive, you will sell advertising to local and national businesses, manage your own account territory, create ad copy and layout, and earn commission-based pay. Pick up an application at The Student Publications Building 420 Maynard, 2nd Floor or call 764-0662 for more information. Application Deadline is Monday November 6th EACTION ontnued from Page 1 athered last night in the Michiguan .nion to watch the debate. "I think young people feel politics ;n't necessarily the route they want to ake to get things done," Public Policy raduate student Kate Brady said. They're not going to the same mecha- s of government to get things done. 'hey're going elsewhere. The route iany of my friends took was more ands on like Americorps ... and the 'eace Corps." "I think the apathy of young voters omes from the comfort of the good conomy, of all the jobs that are avail- ble," Public Policy student Dana Hop- ngs said. "I feel young people think iey don't have to care." While young people in general may golitically disengaged, those in the Jnion last night seemed to be more iclined to head to the polls next month. And judging by the cheers and jeers -om the audience, most of them were iclined to cast their ballot for Al Gore. "I just think Gore talked more about ie issues," said Public Policy senior nnie Maxwell, who added that it didn't other her that Gore may have come off o aggressive. "I didn't think he was mean. I liked that things weren't softened by politics. A lot of time in political discussions the candidates don't talk freely about what they support,' Maxwell said. Before last niuht's face-off, Gore and his advisers had made much of the fact that the vice president would not be as restrained as he was in last week's debate. "It was the last opportunity for them to be on the same stage together, and Gore needed to outline the important political differences between the two," said communications studies Prof. Michael Traugott, who watched the debate from his home. "The general belief is that the partisans have already committed so the election will be decid- ed by a relatively small group in the middle and they need to know the can- didates aren't the same. College Republicans held a gathering of their own last night at Cottage Inn restaurant to cheer on their candidate. "1 think Bush articulated a clear vision," College Republicans president Barb Lambert said. "Particularly, he answered a lot of questions about taxes. I think he made it clear he's giving tax cuts to everyone," Lambert said. "Overall Bush came across like a normal, down-home guy." THE DAILY. READ BY MORE THAN 40,000 PEOPLE DAILY. *EARLY SPECIALS! Spring Break , Bahamas Party Cruise! 5 Days $279! Includes Meals, Parties! Awesome Beaches, Njghtlife! Departs From Florida! Get Group - Go Free!! springbreaktravel.com 1-800-678-6386. .!ISELL all MSU vs. U of M football tickets at 517-351-1992 or ww.jamestheticketman,com. All Major edit cards accepted. O DIRECT=Savings! #1 Internet-based ompany offering wholesale Spring Break Packages (no middlemen)! 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