)Le \IIL an IaIl ()N E--1UNDI RED-r ,T N t Y ', jT 1A S OF ll Kl 4 YR EDSo 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 TOMORROW LO: 55 GOT A NEWS TIP? Call 734-418-411s or e-mail news@michigandaily.com and let us know. 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