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Ann Arbor, Michigan
Thursday, October 6, 2011
michigandailycom
NATIONAL NEWS
'U' professors:
Occupy Wall
Street may not
have big impact
* Occupy Ann Arbor
to hold protest on
Diag tonight
By ANDREW SCHULMAN
Daily StaffReporter
The Occupy Wall Street
movement that originated in
New York is spreading quickly
across the nation and the state
of Michigan, but according to
University experts on political
and economic reformation, the
protests may not have much of
an impact.
The protests, which began in
Manhattan's Financial District
on Sept. 17, have spurred move-
ments in the state of Michigan,
such as the Occupy Michigan,
Occupy Southeast Michigan and
Occupy Ann Arbor. The momen-
tum from the demonstrators
has the potential to convince
politicians to heed the protest-
ers' calls for economic equality,
but the outcome may not be as
favorable as supports of Occupy
Wall Street and its counterparts
hope.
Since the start of Occupy Wall
Street, numerous people have
been arrested, including 700
protesters who marched across
the Brooklyn Bridge on Satur-
day. Yesterday, union members
protested in Manhattan and
hundreds of college students
across New York participated in
class walkouts.
As of 10 p.m. yesterday, the
Occupy Southeast Michigan
Facebook page had 269 "likes,"
Occupy Ann Arbor had 787
"likes," and Occupy Michigan
had 3,677 "likes." Occupy Ann
Arbor, which aims to support
the other Occupy groups across
the nation, is planning to host
a "general assembly" event
tonight on the Diag to bring
together resources of the local
community, spread informa-
tion about what people can do to
support economic equality and
show solidarity.
Law School Prof. Michael
Barr, who helped write the
Dodd-Frank Wall Street Reform
Consumer Protection Act,
which was signed into law on
July 21, 2010 to protect consum-
ers and investors by providing
financial reform, said the pro-
See WALL STREET, Page 6A
ADAM SCHNITZER/Daily
University President Mary Sue Coleman speaks with attendees of her annual address at the Ross School of Business yesterday.
'U' t invest $25M in,
startups in next 10 yrs.
Faculty businesses
with capital to get
up to $500,000
By KAITLIN WILLIAMS
Daily StaffReporter
University President Mary
Sue Coleman announced two
new major initiatives aimed at
strengthening the University as
it moves toward its bicentennial
in her annual address to campus
yesterday morning.
Speaking from the Colloqui-
um of the Ross School of Busi-
ness, Coleman told the audience
of mostly University adminis-
trators that the University wit,
launch a new program, Michigan
Investment in New Technology
Startups, which will invest up to
$25 million in University startup
businesses over the next decade.
Through the MINTS pro-
gram, the University will pro-
vide up to $500,000 to any
faculty member whose startup
business has already secured an
initial source of capital. Coleman
said the University is making a
"passive investment" because it
won't pick winners and losers.
Rather, it will provide funding to
any startup that meets the eligi-
bility criteria.
Funding for MINTS will come
from the University endowment.
Coleman said the new invest-
ments will allow the Univer-
sity to add some variation to its
investment portfolio.
"Now I want to be clear: This
is not a new expense on the part
of the University," Coleman said.
"Rather, we are diversifying our
assets."
Coleman said University offi-
cials looked at investments that
could have been made in the last
20 years and decided the endeav-
or would be advantageous. She
said one of the best aspects of
the new initiative is that it will
generate economic activity in
Michigan.
"We are helping to acceler-
See STARTUPS, Page 6A
UNIVERSITY OF MICHIGAN HEALTH SYSTEM
UMHS planning to double
number of complex care cases
Goal is to increase
statewide cases from
7 to 15 percent
By CLAIRE GOSCICKI
Daily StaffReporter
When Ora Pescovitz joined
the University of Michigan
Health System in 2009, she envi-
sioned having a team that would
make new discoveries and shape
the future of health care.
Two years later, Pescovitz, the
executive vice president for med-
ical affairs, is outlining her goals
to achieve this vision.
At the annual State of the
Health System address last
week, Pescovitz challenged her
staff to double its share of com-
plex care cases like heart bypass
surgeries before the close of the
decade. Pescovitz plans for her
staff to achieve this by increasing
patient referrals and looking for
partners to share resourceswith.
"It isn't enough to do a lot
of things well," Pescovitz said
before an auditorium of UMHS
staff. "We need to do some things
better than anyone else."
UMHS handles about 7 per-
cent of complex care cases
statewide and tends to about
45,000 inpatient stays each year.
Increasing complex care cases
to 15 percent will help UMHS
gain "market leadership" and
maintain financial stability in
its hospitals and health centers,
Pescovitz said in her speech.
See UMHS, Page 6A
ALLISON KRUSKE/Daily
Ann Arbor City Council member Stephen Kunselman (D), left, and candidate David Parker (R), who are running for the
Ward 3 seat on City Council, take part in a debate at the CTN studios last night.
A2 council candidates
dscuss public safety
UNIVERSITY RESEARCH
'U' professors receive Presidential Early
Career Award for Scientists and Engineers
Incumbents, 5 also discussed contentious
issues, including the status
challengers debate of Ann Arbor's annual street
mileage, the
proposed mileage, Fuller Road
Station project y
public art funding and funding
for public art oc
By ADAM RUBENFIRE at a League of
DailyStaffReporter Women Voters r
debate last night
Public safety was at the fore- at the city's Community Televi-
front of a debate among candi- sion Network studios.
dates forAnnArborCityCouncil In his opening statement,
last night. Republican Ward 3 challenger
Candidates for Ann Arbor David Parker criticized the city's
City Council Wards 2, 3, 4 and cuts to public safety depart-
ments.
"Are we 35 percent safer with
35 percent less police?" Parker
said. "I don't think so."
Parker's opponent, incum-
bent City Council member Ste-
phen Kunselman (D-Ward 3)
said he stands firmly against
public safety cuts and is working
to prevent further decreases in
funding.
Continuing the discussion
on public safety were the Ward
5 candidates, incumbent City
Council member Mike Anglin
(D-Ward 5) and Democrat chal-
See COUNCIL, Page 6A
Profs. Anne
McNeil, Christiane
Jablonowski to get
five-yeat, grants
By SABIRA KHAN
Daily StaffReporter
Instead of teaching classes
today, two University professors
will travel to Washington, D.C.
to receive presidential awards for
their achievements in science.
Anne McNeil, an assistant pro-
fessor of chemistry, and Chris-
tiane Jablonowski, an assistant
professorofatmospheric,oceanic
and space sciences in the College
of Engineering, were among 94
scientists selected to receive the
Presidential Early Career Award
for Scientists and Engineers for
their work in structure-property
relationships and climate model-
ing, respectively.
The award was commissioned
by former President Bill Clinton
to honor the achievements of
young science professionals in
their independent. Nominees are
selected by government agen-
cies, and winners receive a five-
year grant to put toward their
research.
McNeil and Jablonowski were
nominated for the award by the
U.S. Department of Energy in
April. Jablonowski said it is a
very competitive award because
the DOE nominees have a 2 to 3
percent chance of receiving it.
McNeil wrote in an e-mail
interview that she was original-
ly drawn to chemistry because
See AWARD, Page 6A
WEATHER HI:77
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