The Michigan Daily - Friday, October 28, 2005 - 7
Continued from page 1
Michigan Difference campaign, designed to increase
charitable donations with the goal of raising $2.5
billion, has already raised more than $1.89 billion.
She hopes for $800 million of that to be funneled
into the endowment.
Last year, $25 million of Business School bene-
factor Stephen Ross's $100-million gift to the Uni-
versity went into the endowment.
The endowment has grown rapidly in recent years.
In 1995, it was worth $1.3 billion. It now ranks 11th
in the country among university endowments.
Still, it pales in comparison with Ivy League
heavyweights such as Harvard University, which
leads the pack with an endowment of about $25.9
billion. Yale University's endowment is $15.2 bil-
lion, a distant second to Harvard's.
Prestigious private universities have traditionally
relied more heavily on their endowments than public
universities, meaning the University of Michigan's
chances of catching up are slim.
"Harvard and Yale just had a hundred years on
us," Slottow said.
Continued from page 1
operating it won't be any problem even though Ben
hasn't had any experience in financial markets on
Wall Street," Gramlich said. "Even though he
doesn't know everyone on Wall Street, most
of his papers study markets, so he understands
them very well."
Bernanke will take over from Greenspan, who is
legendary in his handling of the nation's fiscal pol-
icy, at the beginning of February. Gramlich said he
doesn't expect major policy shifts when Bernanke
takes over, adding that the biggest challenge Ber-
nanke will face is the nation's large budget deficit.
"I think personally he can handle the problem
as well as anybody else," he said.
Former University Provost Paul Courant, who
now teaches economics and public policy at the
University, also voiced his support for Bernanke.
"He is a very able man and very articulate and
has spent several years on the Federal Reserve,
so only being in academia previously shouldn't
really affect his capability to perform well,"
Courant said almost everyone in the econom-
ics department is pleased with the decision to go
Business School Prof. Claes Fornell said Bernan-
ke's perceived weaknesses are actually strengths.
"The fact of Bernanke only being in academia
is actually a very positive aspect, because it will
be a fresh person without too many political ties in
Washington," he said.
In contrast with President Bush's other major
nomination - that of Harriet Miers, who yester-
day withdrew her bid for the U.S. Supreme Court
after failing to win the support of lawmakers from
both parties - the bulk of the initial reactions to
the appointment of Bernanke both in academia and
politics have been highly optimistic outside of the
University, with both Republicans and Democrats
praising the choice.
"We need a careful, nonideological person
who understands that the Federal Reserve's
main job is to fight inflation, and Ben Bernanke
seems to fit that bill," Sen. Charles Schumer (D-
New York), the highest-ranking Democrat on the
Senate Banking Committee, told The Washing-
ton Post on Monday.
the michigan daily
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418 E. Kingsley B 7 2
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909 Sylan 8 3J
927 S. State 6 2J
933S State 7 3
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817 McKinley 7 3J
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Spacious 4 bedroom apartment, 2 blocks to
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Campus 2 and 3 bedroom apartments
Furnished and reasonably priced
Call 734.668.1100 or stop
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CAMPUS 6 BDRMS. E. Univ. Sept. '06. 3
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kitchen, +dining area. Cable ready. Very
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company. $3090. 426-9437.
A wide variety of Eff.,1 & 2 bdrm.
apartments still available for next fall.
Quality and convenience have never looked
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Call Justin today @ 734-663-4101
or on the web at www.campusmgt.com
CLASSY 7 BDRMJ3 BATH HOME - Great
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COZY & CUTE 3 bdrm. Bums Park home,
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grocery, UM, No smoking. $1500/month.
DOWNTOWN, PRIVATE 2 bdrm. apt
Stove and fridge incl. Parking avail. Fall and
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EXTREMELY CLEAN! FURN. and unfum.
rms. & 2 bdrm.apts. in nice neighborhood on
campus. Prkg., free internet, wshr./dryer on
premises; well-maintained. Chris, 222-4700.
FOR FALL '06.4 bdnns, basement,
washer/dryer, no pets, no smkg., free prkg.,
furnished. $1995/mo.+utils. 734-424-2630.
GREAT ROOMS ABOUT U of M Campus
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340 S. Division
More hses. and apts. available on the website!
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HELP CREATE A FAMILY
We are looking for egg donors in the Detroit
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medication, and undergo a minor surgical
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ARR - Alternative Reproductive Resources
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JIMMY JOHN'S IS seeking delivery drivers
and sandwich makers for all Ann Arbor loca-
tions. Potential to make up to $20/hr. Apply
in person at any Jimmy John's location.
LOANS! LOANS! LOANS! Working or self-
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We can help! For fast approval and no up-
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NEED CLERICAL HELP! 10-5hrs/wk.
Flexible hours. Call 734-995-7246, ext. 245.
NETWORK DIRECT INC., est. 1971 is cur-
rently accepting applications for ambitious,
energetic, self-motivated individuals who
love to travel. As an account executive we
conduct public-speaking seminars at major
universities. If you can effectively interact
with college students this will be a career of
a lifetime. We have extensive training with a
great support staff and opportunity for career
advancement. Starting pay: 80K-120K. Con-
tact Heath Cole: 913-706-2254 or email at
Go to www.michiganpaidexperiments.org to
be notified about paid experiment opportuni-
ties! Multi-player games, marketing surveys,
etc. Pay $10-$50. New experiments posted
weekly on site. Non-students welcome.
PARTICIPANTS NEEDED FOR IN-
FLUENZk°VACCINE RESEARCH STUDY
The University of Michigan School of Public
Health is currently enrolling volunteers for
year two of a three-year study to compare the
flu shot with the newer nasal spray flu vac-
cine. Paricipants in this study will be paid at
least $100 for completion of 3 visits this year.
You may be a good candidate for this study
if you are:
* Between 18-48 years of age
In good health
* Willing to receive either the vaccine or
placebo - 5 out of 6 participants will receive
* Willing to provide a blood specimen on
three occasions this year and twice next year
* Willing to have a throat swab specimen col-
lected if you have a respiratory illness during
For more information contact study staff:
call 734-615-8331 or toll free 877-452-0012
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SALES/DESIGNER FULL OR part time.
Send resume or fill out application at Ken's
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SCOREKEEPERS IS HIRING cooks, wait-
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WE PAY UP to $75 per online survey.
WESTON ACADEMY, A charter school in
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leader to be a volunteer school board mem-
ber. Candidate should be pursuing a graduate
degree in education, social services, or politi-
cal science and be willing to participate in
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We need Paid survery takers in Ann Arbor.
BABYSITTER NEEDED FOR active 2 yr.
old boy. We are seeking an enthusiastic play-
mate w/ an understanding of how children de-
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Child development or teaching background
pref. We are w/in walking distance of UM.
$8-10/hr. Contact firstname.lastname@example.org
BABYSITTER WANTED FOR 6 mo. old
and 3 yr. old boys in our home 1 mile from
campus. Prefer Mon. afternoons, 3 hrs. Req.:
1 wknd. evening every other week and 4 day
time hrs. the opposite Sundays. Occas. addi-
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CHILD CARE/HOUSE HELP. 15/20
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RESPONSIBLE, PART-TIME NANNY
with flexible hours for 3 small children.
Must have car. Contact Jean. 734-944-7303.
SEEKING EXPERIENCED, DEPEND-
ABLE child care for two boys ages 2 & 4.
Sundays 10 am-12:30 pm. Good pay. 5 min.
from campus. 668-8510.
BAHAMAS SPRING BREAK
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SPRING BREAK - Early Booking Specials -
FREE Meals & Drinks - $50 Deposit -
WANTED: WILL BUY single and season
tickets to UM football. Will pay top dollar.
www.mtctickets.com & 866-682-8499.
FOR 8 year old. Call
FREE LONG DISTANCE phone service.
No cost, no obligation, no fooling.
Go to: http://www.myadcalls.com/6341
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ACT NOW - SPRING BREAK 2006
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Destinations. BOOK 15=2 FREE TRIPS
OR CASH. FREE MEALS/PARTIES BY
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PREGNANT? CONSIDER ADOPTION.
Michele and Rick seek to adopt a newborn
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AVAIL. NOW. WILLIAM & Division,
Large eff. apt. w/ security buzzer & ldry.
FEMALE NEEDED - Room for sublet near
N. Campus in clean furnished apt., all utils.
incl. + cable/intemet. Pool & gym access.
$565/mo. OBO. 805-689-1866.
STUDIO APT. FROM Nov. 1 2005 to Aug.
2006. $795/mo. U Towers, 12th fir. Fum.
Heat & H20 incl. Robert: 734-997-8839.
NEED HOUSING FOR FALL 2006?
Fantastic Apartments, Great Houses.
Convenient Central Campus locations.
Stop by our office for a complete brochure!
NOW LEASING 2006-07
Efficiencies, 1, 2, & 3 Bedrooms!
Fumished, heat & water included,
FREE parking and Ethernet!
Call today for an appointment to see!
Prime Student Housing
*Varies by location.
NOW LEASING FOR
Studio, One and Two Bedroom apartments
Please see our website for more information:
Call us today at 734-761-8220.
* Minutes from U of M, downtown,
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* 1-2-3 bedroom apartment homes
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* Unique, Spacious floor plans with
vaulted ceilings and wood-burning
* Heated Pool, hot tub, dry sauna,
CAMPUS CLEANERS: PROF. Dry Clean-
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University next to Campus Rental. 662-1906.
THESIS EDITING. LANGUAGE, organiza-
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WISE HEALTHCARE CHOICE. 4 treat-
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For Friday, Oct. 28, 2005
(March 21 to April 19)
Avoid religious and political argu-
ments today. You can't help feeling
vehemently about something. You'll
attack anyone who argues with your
beliefs. (I suggest you climb down off
(April 20 to May 20)
You feel passionate today. You might
feel passionate about financial matters;
you might feel passionate about inti-
mate, romantic matters. Either way,
don't lose your cool.
(May 21 to June 20)
You're unusually attracted to someone
today. Existing partnerships can be very
intense now, but in a good way. You
want to get to the bottom of things.
(June 21 to July 22)
You'll demand that co-workers be
honest and clear with you today. You
don't want superficial explanations
about anything. You want the solid truth.
(And you'll get it!)
(July 23 to Aug. 22)
Romance is hot and heavy today! (Be
still, my beating heart.) Relationships
that begin now will be memorable!
(Definitely good diary material.)
convincing. If you're in sales, you're
(Oct. 23 to Nov. 21)
You might feel a bit obsessed about
buying something today. You feel you
have to have something. Similarly,
you're aggressive about earning money
as well. Try to be more detached.
(Nov. 22 to Dec. 21)
In a way, you're bigger than life today.
You feel passionate about everything.
People notice your emotional nature.
You're so magnetic today that others are
actually attracted to you. (Whew!)
(Dec. 22 to Jan. 19)
You have a secret. It might be a secret
love affair. It might be a secret of a dif-
ferent kind. Whatever it is, it seems to be
very important to you today.
(Jan. 20 to Feb. 18)
You might encounter someone who
blows your socks off today. This person
is convincing, magnetic and mesmeriz-
ing. How thrilling! (You might impress
others in the same way.)
(Feb. 19 to March 20)
Bosses and authority figures are
highly receptive to your suggestions
today. You're like a hot knife cutting
through butter. You'll get your way in
practically anything that you want.
!!!BARTENDER WANTED!!! $300 a day
potential, Age 18+ ok. No experience neces-
sary, training provided. 800-965-6520 x 125.
$9.00/HR. MICHIGAN TELEFUND is now
hiring. Awesome Resume Builder! Apply on-
line: www.telefund.umich.edu or 763-4400.
BARTENDER POSITIONS! MAKE UP TO
$300/shift! No exp. req., flexible hours, great
pay! Call 800-806-0085 ext 1445.
DENTAL ASSISTANT P/T Fri. mornings.