The Michigan Daily - michigandaily.com Friday, February 6, 2009 - 3 The Michigan Daily - michigandailycom Friday, February 6, 2009 - 3 NEWS BRIEFS WASHINGTON Geithner plans to unveil bailout plan on Monday TreasurySecretaryTimothyGei- thner and other top officials are put- ting the finishing touches on a plan to overhaul the government's $700 billion financial rescue program. A Treasury official said Geithner will deliver a speech on Monday outlining the new plan. But Treasury officials would not comment on a report Yesterday that the administration is consider- ing changes to the current account- ing standard that requires banks to carry assets such as mortgage- backed securities on their books at fair value, a process known as "mark to market." Critics 'of this process contend that it has made the current finan- cial crisis worse by forcing banks to slash the value of assets that are currently depressed because of market conditions. Treasury offi- cials said the administration's plan was not yet complete and would be revealed in Geithner's speech in Washington next week. . The idea of modifying the cur- rent rules on marking down bank assets is being considered by some key lawmakers as a possible way to address the banking crisis. BAGDHAD In provincial vote, bloc of Iraqi prime minister wins Prime Minister Nouri al-Maliki's allies swept to victory over Shiite religious parties during last week- end's provincial elections in Iraq- a rousing endorsement of his crack- down on extremists, according to official results released yesterday. The impressive showing, which must be certified by international and Iraqi observers, places al-Mali- ki in astrongpositionbefore parlia- mentary elections late this year and could bolster U.S. confidence that it can begin withdrawing more of its 140,000 troops. The results were a major blow to Iraq's biggest Shiite religious party - the Supreme Islamic Iraqi Coun- cii - which trailed in every Shiite -provinre including its base in the holy city of Najaf. Still, the margin of victory in a number of Shiite provinces was nar- row, indicating the prime minister's supporters will have to cut deals with their rivals in order to govern. WASHINGTON Justice Ginsburg has cancer surgery Supreme Court Justice Ruth Bader Ginsburg had surgery yester day for pancreatic cancer, raising the possibility that one of the ideo- logically divided court's leading lib- erals - and its only woman - might have to curtail herworkorevenstep down before she had planned. Ginsburg, 75, has been a justice since 1993. She has been increas- ingly vocal in recent years about the court's more conservative stances, especially after the appointments made by President George W. Bush. Pancreatic cancer is often dead- ly, although the court said doc- tors apparently found Ginsburg's growth at an early stage. In 1999, she had colon cancer surgery, underwent radiation and chemotherapy, and never missed a day on the bench. Statistics suggest this could be a tougher fight. WASHINGTON Labor pick deals with spouse's tax problems Labor Secretary nominee Hilda Solis became the latest Cabinet nominee to face questions about unpaid taxes Yesterday as a Senate panel abruptly postponed a sched- uled vote on her confirmation. The postponement came after rev- elations that Solis' husband settled tax liens on his California auto repair business this week that had been outstanding for as long as 16 years. The discovery posed another } political headache for a White House already chafing after tax problems and other controver- sies derailed some administration appointments, including former Sen. Tom Daschle's nomination as health secretary. President Barack Obama pledged in TV interviews this week that he would "make sure that we're not screwing up again" in the vetting process. - Compiled from Daily wire reports RECYCLING From Page 1 nomic storms." "Thetcost of bringing recycla- bles to the MRP for sorting and transfer to factories for reuse is still cheaper than sending the same tonnage to the landfill to bury," she said in an e-mail inter- view. The decrease in the value of recyclables coincides with the University's promotion of recy- cling through RecycleMania - a 10-week recycling competition between 513 schools in the United States, Canada and India. The contest, which ends Mar. 28, ,challenges schools to produce the least amount of waste. Allison Richardson, projectcoor- dinator for RecycleMania at the University, said all recyclables from the University's residence halls and buildings are loaded into trucks and are then weighed at the MRP. "The trucks are weighed sepa- rately for paper, mixed containers, trash, and then I take those weights atthe end ofeveryweekand submit those," Richardson said. While the competition encour- ages students and faculty to recy- clemorethanusual,the University will not receive greater revenue from the surplus materials. "It's not any different from the FASHION From Page 1 girls have serious style, it's about time they show it off," she said. Schreiber said that the website not only allows University stu- dents to show off their fashion knowledge, but also gives them a chance to connect with fashion- conscious students around the country. - "Your fashion support base isn't limited to your friends or by geography: you can hear from the girl in your Econ 401 class whose Goyard tote you drool over, or one of your friends from study abroad or a sophomore at (New York University) that you've never met," she said. David Reinke, the company's president, said he came up with the idea for the site after years of working for Liz Claiborne Inc. THE FALLING PRICE OF RECYCLED MATERIALS 250br *October 2008 5210 Man arraigned for using car to hit another man 200j- irn 1 150 - $150 $85 $25 $30 Old Corrugated Newspapers & Cardboard Magazines December 2008 $85 $5 Mixed Paper - 50 0 Sorted Office Paper DOLLARS PER TON SOURCE: TRACY ARTLEY, RECYCLING COORDINATOR FORTHE UNIVERSITY Incident said to have taken place in a campus parking lot By JILLIAN BERMAN Daily NewsEditor A 21-year-old man from Detroit was arraigned yesterday for hit- ting another man with his car in a University parking lot Tuesday. The incident occurred while the 21-year-old man was visiting a Uni- versity student. At about 9 p.m. Tuesday, the University student left her resi- dence at the Northwood Apart- ments with the 21-year-old visitor. They discovered the student's for- mer boyfriend in a parking lot at the corner of Murfin Avenue and Plymouth Road, Department of Public Safety spokeswoman Diane Brown said. Brown said the two men were involved in a physical fight, after which the 21-year-old man drove his car in such a manner that he hit the student's ex-boyfriend, who was a 19-year-old visitor from Plymouth. The 21-year-old man fled the scene in his car and was pulled over by the Ann Arbor Police east of the parking lot on Plymouth Road, Brown said. University Police arrived at the scene and arrested the man. The victim was taken to the University Hospital emergency room and was evaliated, treated for non-life-threatening injuries and then released, Brown said. The offender was taken to the Washt- enaw County Jail. Brown said University Police submitted their investigation to the Washtenaw County Prosecu- tor's office yesterday. The prosecutor's office autho- rized three charges: one charge of assault with intent to murder, which carries a maximum sen- tence of life in prison; one charge of assault with intent to commit great bodily harm less than murder, which carries a maximum penalty of 10 years in prison or a $5,000 fine; and one charge of felonious assault, which carries a maximum penalty-of four years in prison or a $2,000 fine. The man was arraigned yester- day afternoon on $100,000 bond, Brown said. A preliminary exam is' scheduled for Feb. 18 at 1 p.m. rest of the year, the 10 weeks of RecycleMania, as far as paying for (the recyclables) and how much you get for (them)," Richardson said. This is the University's fourth year participating in the event. While the University has never won the trophy made out of recy- He said he realized that in the fashion world, women don't have a place to say what they like and don't like. "Fashion is really dictated by what's happening on the cat walks, New York, L.A., and through celebrities," he said. "There's really no place for women to say what they like and don't and that should be a part that defines fashion." Reinke said that the goal of the website is to offer students a place to get quick information on what is fashionable in their location. "It's a fun destination where women who are interested in fashion can go to find other college women interested in fashion to see what's ranked fashionable," he said. "It's also a place where women not so into fashion can go and don't have to think about it and quickly see clable materials, it has done well in the Gorilla Prize category of the competition, which measures total recycling tonnage. The University is currently ranked fourth in the competition, with a little less than two months remaining in the competition. what's trendy." Reinke added that the website offers users the ability to sort through items based on how pop- ular they are at a specific location, instead of by price. "Wouldn't it be cool if you could see the topped ranked tank tops from U of M?" he said. "Not that you were necessarily going to buy it, but at least see what's cool." Right now, the website pri- marily focuses on party tops but Reinke said it will be adding cate- gories like handbags, dresses and shoes soon. "Basically what we're trying to do is bring in the best stuff and of the best have the college women decide what's the best of the best," he said. "We think that it's going to be fun and interesting to compare and con- trast the rankings from different schools." DIRECTOR From Page 1 "Working with a studio you ultimately have to succumb to the studio executives who are worried about how to market the film and pressure you because of the mil- lions of dollars they are spending on your project," he said. In independent filmmaking, he said, "you have total creative free- dom. However, financing a movie independently is just diabolically difficult." A student asked if it was better to pursue a career in independent or studio production. Goldwyn emphatically said, "Both." "Pursue everythingyou have the energy to pursue;" he said: "The more that you can do, the better off you are if you want to get into this business." He also advised students to take advantage ofnetworking opportuni- ties after a student asked him about how to break into the business. "Networking, which sounds like a superficial thing; is actually very powerful," he said. Goldwyn said that networking is not just about talking to someone to get something out of them, but rather "it's about connecting on a creative level, even if it's a business level." LSA junior Patrick Crumb, an English major interested in screen writing, said he was able to take away a lot of information from Goldwyn's talk. "I came out here because I just think it's a really cool opportunity we have and it's interesting to see what's -happening in Michigan-in general as theybring in movies like this," he said. NUTRITION From Page Han said. "We felt that it wa our obligation to lower the price and serve students at U of M an around Ann Arbor a lower price. And after a week' of busines they reported more than $750 i sales. 23 Hour Nutrition is uniquea it provides delivery of most proi ucts within 23 Hours of onlin purchase. The products that ar delivered within this timefram are those that Myers and Ha stock in their three locations i the Ann Arbor area. Other proi ucts take three to five days f delivery. But Myers and Han did the research regarding what prod ucts to market and which t keep stocked. With over 1,30 products on their website, th inventory is composed of prod ucts recommended by student friends and frequent gym-goer through surveys conducted i the fall. "Because we go to the gym a lo PAKISTAN From Page 1 Ahmed Zaidi, the presi- dent of the Pakistani Stu- dents' Association, which is hosting the event, said the goal of the lecture is to cre- ate awareness about Pakistan for the benefit of the campus community and the larger Ann Arbor area. "We hope that by hav- ing lectures and discussions like these we can achieve our goal of dispelling misconcep- tions and raising awareness about the political system and Pakistani society's problems," Zaidi said in an e-mail inter- view. Zaidi added that it is impor- tant for students to see an unbiased and personal view of Pakistan, noting that while the group primarily serves Pakistanis, all can benefit from knowledge about the country and region. "For members of the audi- ence not directly associated with the country, I hope this serves as a learning experi- ence, one that will instill in them a more personal and understanding view of Paki- stan's and Pakistanis' prob- lems and replace a reliance on stereotypes and preconceived notions," he said. as es id [0 s, in as d- 'e re ne n in d- r ,ir d- to 0 ze d- :s, rs n t, we know what is popular and what works for us. We look at different people and their goals," Myers said. "We carryproducts based on their goals and different products for different goals." Based on the orders they have already received, Myers and Han project that the protein and Cre- atine supplements they sell will be their most popular products. But as the business becomes more popular and the number of orders increases, they plan to stockpile more popular items, which will also help to lower their costs. They are currently market- ing toward athletic groups, clubs, Intramural sports and Greek life. Ultimately, they said they plan to expand to professors, graduate student instructors and then other locations. At present the two seniors have a promotion plan with students in the Greek community, offering a $5 coupon on their website. "We are running a rewards pro- gram fortheGreek system," Myers said. "If someone from a fraternity or sorority purchases products, they can put in their fraternity or sorority's rewards code. We are runningthis up until spring break, and-after springbreakwe-will give" them a check based on the amount they have spent." To keep their prices lower than any other major retailer, Myers and Han get their products from five different distributors. The pair also employs some drivers to ensure deliveries are made on time. As they expand, they said delivering within their guaranteed timeframe will be impossible without additional drivers taking their products to their varied destinations. Once 23 Hour Nutrition starts profiting from its sales, Myers and Han said they plan to expand the distance to which they mar- ket their products and influence the nutrition supplement indus- try. "We are looking to expand to EMU and MSU," Han said. "We feel like this is the future of vita- min shops across the country. We do everything as efficiently as possible and hope our name will be out there in the future." KNOW HOW TO USE FLASH? WANT TO GET INVOLVED AT THE DAILY? E-mail graca@michigandaily.com. -7 i /' - : F RIDAYS Domestic Bottles are only by Ceorqe 1MUi 310I ia d St#?343A.MIOO" NLoced Ae"x #o #h Orid Par I S'#r4w Bravado abounds in l his 1908 4omed5 1i where d itl~e bit of94 56 i i blurt goes a ong wayI M IK: I'RI I I I I 1 Directed by Philip Kerr Department of Theatre & Drama February 12 at 7:30 PM February 13 & 14 at 8 PM February 15 at 2 PM Mendelssohn Theatre Tickets $24 & $18 Students $9 w/ID League Ticket Office 154-164-2558 University of Michigan schv i of MusicTheatre&Dance www.music.umich.edu t