0 NEWS Wednesday, Sept. 6, 2006 - The Michigan Daily - 3 ON CAMPUS Artist shows sculptures on South U The artwork of Gregory Bars- amian, a New York-based sculptor, will be on display today at 1301 S. University Ave. His work explores the subconscious state of mind and portrays dreamlike experiences in three-dimensional mediums. The convention center is open from 10 to 6 p.m., and $5 donations are appreciated. Hillel to hold open house Hillel will hold an open house today from 6 to 10 p.m. at their building at 1429 Hill St. Hillel accommodates more than 25 stu- dent organizations and presents per- forming artists, concerts, classes, symposia and Jewish religious ser- vices. The open house will offer free food and information about the group's organization's activities. Cultural group invites students to mass meeting The Indian American Student Association invites students to attend a mass meeting tonight from 7:30 to 9 p.m. in the Michigan Union Ballroom. The event will include a rundown of the many cultural and educational events planned for this year. CRIME Man repeatedly trespasses in hospital Hospital security guards encountered a trespasser near the main entrance of the University Hospital yesterday, the Depart- ment of Public Safety reported. After police told him to leave, he returned several times to different parts of the hospital before even- tually leaving the building. Vandal pays tribute to J.T. Someone scribbled "Bring- ing sexy back" in marker on the round floor of the East Quad Residence Hall, DPS reported. T, egraffiti was removed. Wallet lifted from laundry room A student's wallet was stolen from the laundry room in Bursley Residence Hall yesterday, DPS reported. THIS DAY In 'U' History 'U' gets new Bill Ford cedes CEO position to Boeing exec New CEO was extensive turnaround experience, who was a leader and a real team credited with Boeing's builder," Bill Ford said during an recent turnaround afternoon news conference. He called Mulally "ideally suit- DEARBORN (AP) - Bill Ford, ed" for the job. who struggled for five years to "He understands how tough steer Ford Motor Co. toward finan- a turnaround can be before the cial stability, has stepped down as results start to flow, and the neces- chief executive of the company sity of keeping the team together founded by his great grandfather and in focus," Ford said. and is being replaced by top Boe- Mulally, who has spent 37 years ing executive Alan Mulally. at Boeing, said he looked forward Ford will remain as executive to applying lessons learned at chairman, the company said yes- Boeing to Ford. terday in a surprise announce- While acknowledging he is not ment. an auto person, The change Mulally said: comes more than "I personally "I'm certainly a seven months product design- into a restructur- think we er and t care ing, which is the deeply about second under absolutely having a viable Bill Ford's watch business." and has so far can if we pull He said that failed to revive toether" some people the nation's No. 2 believe the U.S. automaker. Under can't compete the first plan, Ford - Alan Mulally, with the rest closed five plants Ford's new CEO, on of the world in and cut 35,000 whether American cars manufacturing, jobs, but its . adding: "I per- North American can compete in the sonally think operations failed global marketplace we absolutely to turn around. can if we pull The latest plan, together." announced in January, would cut Dearborn-based Ford, which up to 30,000 jobs and close 14 lost $1.4 billion in the first half of facilities by 2012. 2006, pledged in July to speed up Bill Ford said it was time for the restructuring. At the time, Bill someone with experience in turn- Ford said the company had been ing around a troubled company, caught off guard by the speed of tacitly acknowledging his own the consumer shift away from efforts were falling short. The pickups and SUVs to more fuel- company's stock price has fallen efficient vehicles - a shift that almost 40 percent since he became has largely benefited Asian auto- CEO, and its share of the U.S. and makers at the expense of domestic global car market continues to companies. drop. Bruce Clark, lead auto analyst Mulally, 61, was widely praised at Moody's Investors Service, said for being a key architect of the Mulally faces a "daunting task in resurgence of Boeing Co.'s com- attempting to reshape Ford's oper- mercial airplanes unit over the ating model" as demand shifts past couple of years. He was a top rapidly away from trucks. candidate for the Boeing CEO job "However, he comes to the com- last year, but the company went pany with a strong background in outside instead to select aerospace engineering, manufacturing and veteran Jim McNerney, then the product development," Clark said 3M Co. chief executive, in a statement."We think that this Boeing yesterday named Scott will be a valuable skill set as he Carson to replace Mulally as pres- fills the CEO position at Ford." ident of its commercial airplanes "It just shows you how tough unit. Carson, 60, had been vice things have gotten at Ford," said president of sales for the Seattle- George Magliano, an auto ana- based division and is a 34-year lyst at consulting company Global veteran of the company. Insight. He said the biggest task Bill Ford said he began talking facing Ford is to reshape its prod- with Mulally in July, which sug- uct strategy to cope with high gas gested the chan e was something prices and said Mulally should he had some ti e to plan instead bring in a new product guru. of it being abruptly forced on "I think the feeling was they him. Ford is the great-grandson of needed to show the financial com- company founder Henry Ford, and munity and the rest of the industry his family still owns a 40 percent that they're ready to make sweep- voting stake in the company. Any ing changes," Magliano said. leadersip pla Wotld require its Bill Ford said he would con- assent. tinue to be highly involved in the Ford, 49, has served as CEO company as executive chairman. since October 2001 and been He said the "executive" in the title chairman since 1999. He owns reflected the active role he would more than 10 million shares that take. have a market value of more than "I'm not going anywhere," the $70 million. The Princeton-edu- Ford said. "I was born with the cated vegetarian and environmen- Ford Motor Company and I'll die talist took control of the company with the Ford Motor Company. when it was mired in losses and Ford shares rose 12 cents to close plagued by eroding sales, ques- at $8.39 in trading on the New York tions about vehicle quality and the StockfExchangebeforetheannounce- Firestone tire crisis. ment. Its shares rose another 39 cents "We needed somebody who had to $8.78 in after-hours trading. MIRROR IMAGE House finalizes deal on OT, minimum wage Minimum wage for employees under 18 would be a dollar less than other employees' LANSING (AP) - Michigan will have a youth-specific minimum wage when the rates rise in October. The state's current minimum wage is $5.15 an hour. It would rise to $6.95 for most workers next month, but employees under 18 would get $5.91 an hour under a bill that got final approval from the Legislature yesterday. The House passed the bill by a 92-14 vote. The Senate passed the bill last week. The legislation is headed to Gov. Jennifer Granholm, who sup- ports the deal. Both minimum wages are set to rise again in 2007 and 2008. The House yesterday also wrapped up other parts of a package designed at keeping the status quo for overtime eligibility in Michigan while raising the minimum wage. Legislation passed by a 103-3 vote would pro- vide a state tax credit for low-income workers. The legislation, which also is headed toward Gra- nholm's approval, would allow a state earned- income tax credit on top of the existing federal credit. The credit would start at 10 percent in 2008 and rise to 20 percent in 2009. In 2004, about 663,000 families with incomes below $35,458. received er, checks for earned income tax credits, averaging $1,764. Based on those numbers, families would get a refund check from the state for just above $350 on average once the tax credit rises to 20 per- cent. The agreement also will keep salespeople, truckers and many other types of workers ineligi- ble for overtime pay. Both the Senate and House passed the legislation restoring the status quo on OT eligibility last week. Fourteen House members, all Democrats, voted against the youth minimum wage bill. They were Frank Accavitti of Eastpointe, Glenn Anderson of Westland, Doug Bennett of Muskegon, Steve Bieda of Warren, Matt Gillard of Alpena, John Gleason of Flushing, Alexander Lipsey of Kalamazoo, Bill McConico of Detroit, Andy Meisner of Ferndale, Fred Miller of Mount Clemens, Alma Wheeler Smith of Ypsilanti, Carl Williams of Saginaw, Lisa Wojno of Warren and Paula Zelenko of Burton. Some Democrats were not in favor of having a separate minimum wage for young workers. Three Republicans - Leon Drolet of Macomb County's Clinton Township, Bob Gosselin of Troy and Chris Ward of Brighton - voted against the earned income tax bill. Shelley Taub, a Republican from Bloomfield Hills, did not vote on either bill. representation re pr.s.ation university unions- in affirmative almost Bs good as action case Sept. 6, 2002 - The Univer- sity chose Maureen Mahoney as its defense attorney in the case against the law school's use of race in admissions. Mahoney has won 10 of the 11 cases she[I has argued in front of the U.S. M University Supreme Court.'- Unives Mahoney will join John Pay- ton as lead co-counsel repre- senting the University. Law School Dean Jeffrey Lehman "I love chose Mahoney above the other BIGWORD5.coml applicants interviewed because This is mY 2nd of her prior experience with the Supreme Court. semester using it and "She's a very experienced once again I saved Supreme Court litigator and is OVET $200 on mY boc widely respected in the legal field," University General Coun- sel Marvin Krislov said. "We Jobanna from think she will add some strength University Of to our team." Michigan Mahoney has worked for the Washington firm Latham and Watkins for more than 20 years. University spokeswoman Julie Peterson said Mahoney was hired solely as preparation for the case and not in anticipation of the Supreme Court taking the case. "We're trying to do all the things to make sure we're pre- pared," Peterson said. protecting the universe high textbok price We bake our own cookies.] i BW52 (priCe Compare from textools, DVDs, isli music, and games> r