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January 22, 2008 - Image 3

Resource type:
The Michigan Daily, 2008-01-22

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The Michigan Daily - michigandaily.com

Tuesday, January 22, 2008 -- 3A

Int'1 stocks fall
sharply on U. S.
recession fears
Stocks fell sharply worldwide
yesterday following declines on
Wall Street last week amid inves-
tor pessimism over the U.S. gov-
ernment's stimulus plan to prevent
a recession.
U.S. markets were closed for
Martin Luther King Jr. Day, but
the downbeat mood from last
week's market declines there cir-
cled through Europe, Asia and the
Americas. Britain's benchmark
FTSE-100 slumped 5.5 percent to
5,578.20, France's CAC-40 Index
tumbled 6.8 percent to 4,744.15,
and Germany's blue-chip DAX 30
plunged 7.2 percent to 6,790.19.
In Asia, India's benchmark stock
index tumbled 7.4 percent, while
Hong Kong's blue-chip Hang Seng
index plummeted 5.5 percent to
Mike Huckabee,
Bill Clinton honor
King in Atlanta
More than 2,000 people crowd-
ed Ebenezer Baptist Church yes-
terday to honor the Rev. Martin
Luther King Jr.'s commitment to
peace and equality and note the
importance of his legacy in this
election year.
Former President Bill Clinton,
Republican presidential candidate
Mike Huckabee and Atlanta Mayor
Shirley Franklin were amongthose
attending the service.
King's birthday is Jan.15, but the
federal holiday bearing his name
is observed on the third Monday
in January. It has been a national
holiday since 1986, but his birth-
day has been observed at Ebenezer
Baptist every year since his assas-
sination in Memphis, Tenn., at age
39 on April 4,1968.
Clinton, Obama
clash in S.C. debate
Democrats Hillary Rodham
Clinton and Barack Obama clashed
bitterly yesterday over Bill Clin-
ton's role in his wife's campaign
and Obama's recent praise for Re-
publicans in a presidential debate
five days before the pivotal South
Carolina primary.
After a brief discussion of the
nation's economic woes, the debate
devolved into an angry exchange
between the two senators, with
Clinton noting Obama had taken
campaign contributions from a po-
litical patron facing fraud charges
and Obama calling Clinton a "cor-
porate lawyer sitting on the board
of Wal-Mart."
As Obama tried to defend his
comments about Republicans and
Ronald Reagan, Clinton interrupt-
ed and said she has never criticized
his remarks on Reagan.
"Your husband did," said
Obama, who has accused the for-
ier president of misrepresenting

his record.
"I'm here. He's not," she
AUCKLAND, New Zealand
About 500 pay
final respects to
Sherpas laid prayer scarves on the
coffin of Edmund Hillary Tuesday as
thousands across New Zealand bid
farewell to the Mount Everest con-
About 500 New Zealand and
international dignitaries joined the
Hillary family at a state funeral in
St. Mary's Anglican Church in this
northern city, while thousands gath-
ered at big screen venues in cities
nationwide to pay respects to Hill-
- Compiled from
Daily wire reports
Number of American service mem-
bers who have died in the war in
Iraq, according to The Associated
Press. The following service mem-
bers were identified yesterday:
Sgt. Justin R. Whiting, 27, Han-
cock, N.Y
Spc. Richard B. Burress, 25,
Naples, Fla.

From Page 1A
the Ann Arbor Police Depart-
At this point, it's unclear
whether Myrick will be
charged for his role in the
shooting death.
The Detroit Free Press
reported that police have
saying that the Washt-
enaw County Prosecutor's
Office declared the shoot-
ing a "justifiable homicide."
The Washtenaw County
Prosecutor's Office could not
be reached for comment yes-
Police added that they
have been in contact with
Myrick's family to per-
suade Myrick to cooper-
ate in the investigation.
"We still want to talk to
him and it's still under
investigation," Sgt. Paul
Curtis of the AAPD said.

While there may be no
criminal charges stemming
from the shooting death,
Myrick was charged with a
misdemeanor possession of
marijuana in the case, police
"Normally, residential
robberies have more to them
than just a robbery. Somehow
the victim is targeted," Kin-
sey said. "Robbers don't just
knock on a door and decide
to rob a house randomly.
They're going to have some
information or some reason.
Many times that involves
some type of illegal activ-
ity they've got information
On Saturday evening,
a person claiming to be
Andrew Myrick left a com-
ment on an article posted on
The Michigan Daily's web-
site expressing remorse for
the shooting.
"I would give ANYTHING
to have not been home at
the time," the message says.

The message also says that PRYOR
Myrick is "NOT some crazed
lunatic" and that he doesn't From Page 1A
have any ill intentions.
The message writer Office of Compliance, which
claims to be unarmed and to monitors athletic depart-
be making arrangements to ment activities and reports
approach the police with the violations to the appropriate
assistance of Student Legal governing body - either the
Services. Myrick posted the Big Ten Conference or the
same letter on his Facebook NCAA.
profile. Judy Van Horn, associ-
Doug Lewis, the director ate director of athletics, told
of Student Legal Services, Breece that the party, as
said he couldn't disclose advertised, should be can-
whether Myrick was a client celed.
or not. "We felt like it was a bad
The AAPD was informed concept," said Matt Stolberg,
of the comment and plans to assistant athletic director for
begin investigating it today, compliance.
police said. The NCAA implemented
DPS issued a third crime tighter recruiting practices
alert yesterday, saying that in 2005 after the University
the AAPD was still seeking of Colorado football program
both Myrick and Bailey. It was accused of engaging in
also said there were several illegal recruiting practices.
reported sightings of Myrick Theseincluded casesinwhich
on campus, but none of the Colorado football players had
reports resulted in correctly bought alcohol, drugs and
identifyinghim. hired strippers for recruits.

Numerous female students at
Colorado also filed lawsuits,
accusing Colorado football
players of rape while recruits
were visitingthe campus.
Stolberg said it was the
first time in his memory that
students at the University
of Michigan have planned a
party for a recruit.
Rather than scrapping
the party altogether, Breece
worked with the athletic
department to change the
party's theme to be "in sup-
port of Michigan football" so
it wasn't specifically aimed
at Pryor. Frey said he was
willing to cooperate with the
Athletic Department because
he didn't want to do anything
to jeopardize Pryor's eligibil-
ity should he decide to come
to Michigan.
"The original intent was to
show him how much support
the Michigan communityhas
for the football team and its
players," Frey said.
Breece and Frey tried sev-

eral times to cancel the origi-
nal Facebook events, but the
site wouldn't allow them to
delete the listings. Breece
created a new group called,
"Greenwood Block Party
Showing Support for Michi-
gan Football" and posted
messages on pages for the
previous events, explaining
that the events were can-
celled and that the new event
would take its place.
message to members of the
event explaining the NCAA
policies and the changes to
the party.
In the end, though, the
block party wasn't the blow-
out Breece and Frey envi-
sioned. The bitter, 10 degree
weather kept most party-
goers home and confined the
few who showed up to a cou-
ple of houses along the block.
Breece admitted that he
failed to take the weather into
account when he planned the

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