100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Download this Issue

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

This collection, digitized in collaboration with the Michigan Daily and the Board for Student Publications, contains materials that are protected by copyright law. Access to these materials is provided for non-profit educational and research purposes. If you use an item from this collection, it is your responsibility to consider the work's copyright status and obtain any required permission.

November 21, 2012 - Image 5

Resource type:
Text
Publication:
The Michigan Daily, 2012-11-21

Disclaimer: Computer generated plain text may have errors. Read more about this.

The Michigan Daily - michigandaily.com

Wednesday, November 21, 2012 - 5A

The Michigan Daily - michigandailycom Wednesday, November 21, 2012 - 5A

BIG TEN
Frorrr Page lA
Maryland, along with Nebraska
joining the conference in 2010,
has expanded the Big Ten foot-
print 200 miles east and 300
miles west in the past two years.
There are significant finan-
cial bonuses in the deal for both
Rutgers and the Big Ten. Each
Big Ten university earned $24
million last year from The Big
Ten Network, the most lucrative
television network in college
athletics. With the addition of
the Scarlet Knights and Terra-
pins, the network will enter the
New York City and Washington,
D.C. markets, a move that ESPN
estimated Monday could bring
the conference and its member
schools up to $200 million in
extra revenue.
Delany, however, said the Big
Ten's desire to exploit the East
Coast market has been "a little
overplayed."
"The assessment by us was
really one that there had been a
paradigm shift in conferences,
and we were maybe slow to take
it up," Delany said. "We lived
with11members for 22 years, we
weren't necessarily seeing our-
selves at 14 or 16 members when

we added Penn State in 1990.
We weren't seeking the New
York market, we were seeking
a great institution located in an
adjacent state with a prosperous
academic and athletic approach.
It wasn't a TV play."
The relationship between
the Big Ten and Rutgers has
been an ongoing one, Delany
explained, with conversations
dating back several years. Per-
netti described the relationship
as "the perfect storm of rela-
tionships."
"Our job starting today at Rut-
gers is going to be to help create
new value for the Big Ten con-
ference," Pernetti said, "to bring
new things to the party that's
going to help further this confer-
ence as the greatest conference in
college sports."
The announcement culmi-
nates a quick climb for Rutgers
athletics, and particularly the
football program. Rutgers was
0-21 in the Big East from 2000-
02 before then-head coach Greg
Schiano lifted them to six bowl
appearances from 2005-11.
The Scarlet Knights are 9-26
all-time against Big Ten football
opponents and have never faced
Michigan. They also have the
designation as the first victor in
college football history - Rutgers

beat Princeton, 6-4, on Nov. 6,
1869 in the first-ever intercolle-
giate football game.
Rutgers joined the Big East in
1991 and it has won six Big East
team titles in that time - three
comingin baseball and one apiece
in women's basketball, men's soc-
cer and men's track and field.
Similar to Maryland, the Rut-
gers athletic department cut six
varsity sports - men's tennis,
men's lightweight crew, men's
heavyweight crew, men's swim-
ming and diving, men's and
women's fencing - in 2006. Per-
netti said the university intends
to focus on bolstering the 22 var-
sity team it still fields before look-
ing to reinstate any of the teams it
cut in the last decade.
The eventual progression
for the Big Ten appears to be
a 16-team conference, but for
today the conference is con-
tent to celebrate its most recent
addition.
"It's the perfect place for Rut-
gers," Pernetti said. "For athlet-
ics, the Big Ten conference is
the model, it's the ultimate. It's
ahead of the curve, and it's set
the bar in so many areas.
"For us it means stability in
an unstable time, it has secured
our future as an athletics pro-
gram and a university."

NICK WILLIAMS/Daily
Washtenaw Community College student Ethan Hebree plays pool on Tuesday at the Michigan Union.

SEC
From Page 1A
Intrinsic. The Journal reported
that people close to the, investi-
gation have identified Cohen as
"Portfolio Manager A."
Gilman - who served as safe-
ty monitoring chair for the tri-
als - is believed to have been
rewarded about $100,000 for
providing Martoma with infor-
mation, including detailed results
of the trial before the July 2009
public announcement. According
to the SEC, Martoma received
a $9.3-million bonus in 2008,
much of which can be attributed
to sales of Elan and Wyeth stock
allegedly prompted by Gilman's
information.
According to the SEC, Gilman
received about $79,000 from
Elan Coporation for his work on
the trials for the drug, Bapineu-
zumab.
Gilman was paired with Mar-
toma through an expert network
firm, which is a common occur-
rence for connecting investors
or consultants with industry
experts for analysis. The SEC
complaint does not name the
expert network firm, but Gil-
man's resume, posted on the
University of Michigan Health
System website, notes that he
held a consulting position with
Gerson Lehrman, among several
other firms, since 2002. The Wall
Street Journal reported Tuesday
that individuals familiar with
the case have confirmed that the
expert network firm used by Gil-
man and Martoma was Gerson
Lerhman.
GAME
From Page 1A
Swimming and Diving team also
helped facilitate the event.
University Regent Katherine
White (D-Ann Arbor), the event's
grand marshal, gave the opening
remarks. As a lieutenant. colonel
in the U.S. Army reserves and a
reserve instructor of law at the
United States Military Academy
at West Point, N.Y., she said she
feels a personal connection to
the veterans and to Wednesday's
game.
"We are here tonight to raise
awareness in our community
about those with disabilities and
to celebrate the veterans we have
within our community," White
said.
In addition to praising the vet-
erans, White took time to thank
the families and relatives of the
veterans, many of whom were in
attendance at the event.
"The demands placed on those
who serve in the armed forces
deeply affect family members and
most service members and vet-
erans could not accomplish what
they do without family support,"

The case notes that, after deal-
ing with Martoma through the
firm for several years, Gilman
saw him as a "friend and a pupil."
According to the SEC com-
plaint, Gilman scheduled his
consulting appointments with
Martoma around meetings of the
Safety Monitoring Committee
for the clinical trials, and would
share with Martoma what he
learned from the meetings.
Martoma was arrested by the
FBI and charged Tuesday with
conspiracy to commit securities
fraud and two counts of securi-
ties fraud. He was released on $5
million bail.
Gilman has entered a non-
prosecution agreement with the
SEC in which he has agreed to
settle the charges and cooperate
in this case and related investi-
gations in return for not being
criminally charged.
In the civil case, the SEC seeks
for the court to order Gilman and
the other defendants to desist
from the illegal activities, pay
civil monetary penalties and dis-
gorge all profits resulting from
the scheme. Gilman has already
agreed to pay $234,000 in set-
tling the case.
The SEC claims that the case
is the largest insider trading
case it has ever charged. Rob-
ert Khuzami, the director of
the SEC's Division of Enforce-
ment, said ina statement that the
actors involved took great risk in
engaging in illicit activities.
"Today's record-setting
insider trading case reinforces
the cold, hard lesson of so many
other recent cases that when
you trade on inside informa-
White said.
White also commented on the
positive impact that veterans con-
tinue to make on the University
community.
"It is your life experiences that
significantly broaden the per-
spectives of our campus commu-
nity," she said. "There are certain
things learned in military service
and experienced in military ser-
vice that are very difficult to learn
and experience anywhere else."
Teams for the event were com-
prised of student-veterans from
the University of Michigan and
Eastern Michigan University, as
well as veterans from the Washt-
enaw County Sheriff's Office.
Four official wheelchair team
players were also on each team.
While many of the veterans
competing actively embraced the
enjoyable nature of the event,
there was no lack of competitive
drive on either side. The Navy
Midshipmen looked to defend
their 2011 title, while the Army
Cadets looked for a repeat of their
2010 victory.
Navy scored the first points
of the game after rebounding off
a failed shot attempt, but Army
quickly evened the score with a
breakaway basket.

tion, you're not just betting your
money, but also your career, your
reputation, your financial secu-
rity and your liberty," Khuzami
said.
Law prof. Adam Pritchard
said information about clinical
trials is used in insider-trading
schemes frequently.
"The value of that sort of
information is potentially very
substantial," Pritchard said.
Pritchard said $276 million
is a very significant profit for an
insider-trading scheme.
"That is a lot of money, and
a lot of money for insider trad-
ing," Pritchard said, adding that
the stock exchanges and the
SEC often look for unusual, sub-
stantial trading prior to major
announcements.
Pritchard said it's not unusual
for the SEC to investigate a leak
of information prior to a public
announcement, but the use of
physicians or other experts as a
source seems to be a new trend
and new investigative priority
for the SEC.
"You'd more frequently see
somebody inside the company,
but the SEC has been looking
hard at some of these expert net-
works, and the line between the
experts providing expertise and
information can be a bit blurry,"
Prtichard said, referring to the
consulting firm through which
Gilman and Martoma met.
UMHS spokesman Pete Bar-
key declined to comment on the
case, citing an "ongoing federal
investigation."
Neither Gilman nor his law-
yer, Marc Mukasey, could be
reached Tuesday evening.
As time wore on in the first
period, both the pace and physi-
cality of the game increased, with
several more breakaway baskets,
including an early score by Scot
Severn, a U.S. Paralympic ath-
lete and former Army reservist at
Camp Graylingin Grayling Town-
ship, Mich.
The back-and-forth action lead
to a tied score of 8-8 at the end of
the first quarter. A pair of steals
and clutch baskets in the last 30
seconds of the half, however, gave
the Midshipmen an 18-14 lead.
Even and consistent play in the
third quarter brought the score to
24-21 in favor of the Midshipmen.
They controlled the remainder of
the game and won their second
second consecutive title with a
final score of 32-27.
Event organizer Gerald Hoff,
an insurance verification repre-
sentative for the University of
Michigan Health System, said the
event served as a means for the
University to support veterans,
both with and without disabili-
ties, and urged students to get to
know veterans at the University.
"The veterans that we have
here on our campus are second to
none," Hoff said. "They are ter-
rific young men and women."

FACULTY
From Page 1A
tees for executive officers and,
particularly, the search commit-
tee for the University's next pres-
ident, include representatives of
the Faculty Senate chosen from a
list of names selected by SACUA
and approved by Senate Assem-
bly," the resolution read.
According to Masten, the
recent search for the Universi-
ty's new general counsel, Timo-
thy Lynch, did not include any
non-administration faculty. The
resolution is meant to reaffirm
and reinforce the University's
tradition of including non-exec-
utive members of the faculty on
search committees for various
positions.
"Unlike the last time there
was a search for general counsel,
it didn't include any representa-
tives from the official faculty
bodies," Masten said. "This reso-
lution was just to encourage the
administration and the (Board of
Regents) to include those faculty
in the future."
Masten was cautious not
to criticize the actions of the
search committee and said the

focus of the resolution was sim-
ply to broaden the inclusiveness
of future search committees for
executive positions. He added
he didn't think the exclusion of
non-administration faculty was a
conscious decision by the admin-
istration, but that the resolu-
tion expressed faculty concerns
regardless.
"We think that generally the
administration probably wants
to have faculty opinions," Masten
said. "These are important posi-
tions, they will be interacting
with faculty while they're here
and the faculty have a long-term
interest inthe success of the Uni-
versity."
At the next SACUA meeting,
Masten said the group will meet
separately with University Pro-
vost Philip Hanlon and Coleman,
noting it is possible that the reso-
lution will be discussed with the
officials.
Kimberlee Kearfott, the
SACUA chair and an Engineering
professor, said the group's prima-
ry objective in passing the reso-
lution was to ensure faculty were
included inthe search committee
for the next University president,
but the motion fully extended
to search committees for other

executive officers as well.
Kearfott emphasized that the
resolution was not meant to rush
the selection process, praising
Coleman's tenure as University
president.
"(Coleman) is not a lame duck
president and has several initia-
tives that she's putting forward,"
Kearfott said. "It's not appropri-
ate for me to be speculating on
a search committee ... We have
an active president with a very
healthy relationship with faculty
governance."
Inclusion of students on
search committees for Universi-
ty executive officers was another
change that Kearfott said she
would personally like to see in
the future.
"I've had no one ever say (to
me) they were resistant to such
an idea," Kearfott said.
Both Masten and Kearfott said
they had not received a response
to the resolution from the Uni-
versity's administration. Kear-
fott said it is likely that the next
SACUA meeting will focus par-
tially on athletics, particularly
in light of the recent expansion
of the Big Ten conference to
include the University of Mary-
land and Rutgers University.

are often less strict than in the
ProCPaeURUnited States, creating a dis-
From Page lA connect for students studying
abroad.
sity's Career Center, said the David Brawn, an adviser in
pre-health students she primar- the Newnan LSA Academic
ily advises often want to boast Advising Center, said while it is
about their procedural experi- under advising regulations not
ence in applications. to publicly share the experienc-
She noted that medical and es of other students, counselors
dental schools don't priori- seek to ensure that students are
tize these qualifications, and aware of sources for concern as
engaging in foreign procedures they seek experiences abroad.
"reflects poorly on the appli- ' MEDLIFE, an organiza-
cant's judgement." tion working to provide health
According to Mecozzi, while care and education to develop-
certain medical volunteer ing areas in Peru, Panama and
groups were more prone to Ecuador, allows students to take
encouraging students to make vitals and observe licensed doc-
unethical decisions in exchange tors. The program's CEO, Nick
for experience, many have "got- Ellis, said the group was cre-
ten their act together." She ated to provide better health
noted that increased attention care than other medical mission
has been paid to the problem, models that allow students to.
and said it seems to be improv- perform procedures they aren't
ing under more severe supervi- qualified to conduct.
sion. "In this new model, students
"We were absolutely aware of participate to learn about pov-
an issue, but compared to where erty, how to combat the root
we were three or four years ago, causes of disease and partner
there is definitely a greater level ' with individuals in poor com-
of awareness," Mecozzi said. munities to increase their
The University of Michigan access to (medicine, education
Pre-health Advisors Vorum and development)," Ellis said.
released a list of recommenda- LSA junior Melanie Askari
tions last year, in response to went on a mobile brigade with
an increase in student desire for MEDLIFE, and said she is
hands-on medical experience, unaware of anyone who violat-
particularly abroad. The guide- ed medical ethics codes while
lines point out that "without abroad with the program. Pro-
adequate training, licensure, gram protocol dictates that
and/or attention to appropriate patients must provide consent
legal parameters, these 'hands for students to sit in on appoint-,
on' clinical experiences can ments and appointments only.
pose a variety of risks," includ- The University's chapter of
ing endangering a patient and ATRAVES US Inc., an inter-
sabotaging the chances of being national nonprofit focused
accepted into one's medical on providing health care aid
school of choice. to underprivileged areas, has
The American Association of continued to work to advance
Dental Schools, the American access to health care in coun-
Association of Medical Col- tries like Nicaragua. In 2007,
leges and other colleges also the organization helped build
developed similar recommen- a primary school and clinic in
dations in 2011. The AAMC Managua., the country's capital.
acknowledged that health code Brady Dunklee, the execu-
regulations in other countries tive director of ATRAVES

US Inc., agreed that students
working abroad can find them-
selves treating a patient without
proper training, but added that
such an incident would vary
by country and organization.
Dunklee said his program has
never been involved in a case of
an unlicensed student treating a
patient.
He noted that, in the clinic,
undergraduate volunteers, "are
strictly limited to helping with
logistics and administration."
Though students are occa-
sionally interested in partici-
pating in advanced procedures,
program staff and volunteers
are on-site to enforce limita-
tions, Dunklee added.
LSA sophomore Hayley Mar-
tin, the vice president of pub-
lic health for the University's
Honduras Health Brigade, also
described how volunteer stu-
dents served mainly as shadows
to licensed doctors while par-
ticipating in the program.
"They don't just drop us off
and leave us to set up shop. We
are accompanied by at least
eight staff members everywhere
we go," Martin said.
Students are responsible for
establishing a triage system to
record the weight, tempera-
ture and blood pressure of new
patients, as well as to make a
list of these patients' symptoms.
According to Martin, those that
assist dentists are only permit-
ted to handle the dentist's tools
and to observe, and to occasion-
ally provide fluoride treatment.
LSA sophomore Adam Eick-
"meyer, fellow member of the
Honduras HealthBrigade, said
the most important policy to
remember is that if it's not some-
thinga student should be doing
in the U.S., they shouldn't be
participating in it while abroad.
"Just because the patients
don't have the same access to
quality health care doesn't
mean we can exploit them,"
Eickmeyer said.

TIRED OF TURKEY?
JOIN DAILY NEWS.
E-mail Rayza Goldsmith at
rayzag@michigandaily.com

A

Back to Top

© 2024 Regents of the University of Michigan