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June 13, 2013 - Image 1

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Michigan Daily Summer Weekly, 2013-06-13
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Thursday, June 13, 2013
The Michigan Daily - michigandaily.com
LaPlante retires after 16 yars

Daily Sports Writer
Michigan men's head track
and field coach Fred LaPlante
announced his retirement on
Monday, marking the end of a short
head-coaching career as the 11th
coach in program history
After 16 years of service to the
University, LaPlante has decided
to move on with the next phase of
his life.
The Wolverines will begin
their search for his replacement
During his 36 years of coaching,
LaPlante has helped with 18
athletes earning Olympic berths,
and has coached 25 national
champions and 83 All-Americans.
But the three-time NCAA District
Head Coach of the Year knew it was
time to take off his running shoes

and continue his life in Ann Arbo
with his wife, Nancy.
"I have enjoyed my experience
with all of University of Michigan
Athletics and especially the men'
track and field program," LaPlant
said in a statement to the athleti
department. "I want to thank th
student-athletes and fellow coache
that I have been fortunate enougl
to work with as well as all thos
who work and have worked in th
athletic department, includin,
administrators and support staff.
"I'm sure the program will mov
forward with great success in th
future, and I wish the very best fo
LaPlante was the head coach o
the men's team since 2008. Befor
that, he served as an assistant hea
coach from 1997-2008. In his las
year as an assistant coach, he wa
named 2008 NCAA Great Lak


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r Region Assistant Coach of the Year
after the team won the Big Ten
e championship that season under
n former coach Ron Warhurst.
s The 2013 season concluded Sat-
e urday, when the Wolverines fin-
c ished tied for 44th at the NCAA
e outdoor championships in Eugene,
s Ore. LaPlante's best finish dur-
h ing his tenure as head coach was
e in 2009 when Michigan finished
e a program-best second at indoor
g championships and third at out-
door championships. His best fin-
e ish in the ensuing four years was a
e 33rd-place finish in 2012.
r Before coming to Ann Arbor,
LaPlante was the head coach of the
f Lehigh men's and women's track
e and field program, a position he
d held from 1992 to 1997.
t LaPlante first began his coaching
S career as an assistant men's coach
e at Columbia University in 1977.
After one season he was hired as
the head coach at San Diego State
University, where he was the head
coach of the women's track and
field team and led the Aztecs from
1978 to 1983. LaPlante thentraveled
across the state and held the same
position at USC from 1983 to 1988
before he moved to the Midwest,
where he held took an assistant
men's head coaching job for his
alma mater, Eastern Michigan.
LaPlante remained in the position
from 1988 to 1992.
Since his time as the Wolverines'
head coach, LaPlante has had three
runners compete in the Olympic
games, including Adam Harris
(200-meter dash, Guyana, 2008),
Stann Waithe (4x400-meter relay,
Trinidad, 2008) and Jeff Porter
(110-meter high hurdles, USA,
2012). In addition, he coached
the USA's Jerome Singleton, who
competed in the World Paralympic
Championship 100-meter dash in
LaPlante has already finished
recruiting for the 2013-2014 season,
after he inked 10 athletes in March.

'M' settles for 44th
By ZACH SHAW The All-American honorable
Daily Sports Writer mention honors continued on
Day two when junior Ethan
After spending the last nine Dennis took 20th in the hammer
months training, eating, com- throw with a distance of 60.97
peting and living as a team, the meters.
Michigan men's track and field Fifth-year senior Kurt
team of over 60 sent five individ- Reichenbach concluded his col-
uals to compete in five separate legiate career with a score of
events in the NCAA Champion- 7,013 in the decathlon to take
ship meet. But they all had one 21st and also walk home with the
goal in mind: To put Michigan similar honor. Leaving it all on
back on the track and field map. the track in an event that already
Once a mainstay at the top of makes one do just that, Reichen-
the Big Ten and even National bach posted his best scores in
leaderboards, Michigan has the pole vault, javelin and 1,500-
failed to place as a team in meter run, the final three events.
an NCAA Indoor or Outdoor "To get to this meet is a
Championship meet in six tries, tall order - he broke the
The Program that owns 30 school record and had a great
Outdoor Big Ten titles sunk to performance just to get here,"
10th place in the Big Ten outdoor LaPlante said. "I was really
championships just three weeks proud of his performance from
ago, a low hit only once before in beginning to end, and really
101 seasons. proud of his whole career,
But after competing against especially coming back his fifth
the best in the nation, the Wol- year to accomplish what he did."
verines mustered a 44th-place The hero of the weekend
finish behind the fourth place proved to be Arastu. After falling
finish of junior Ali Aratsu in the mere hundredths of a second
400-meter hurdles. short of first-team All-American
Freshman Mason Ferlic kicked last year in a ninth-place effort,
off Michigan's weekend, riding Arastu made the trip to Eugene
the momentum from May, but determined to improve.
didn't have enough juice to carry He didn't disappoint. After
into June. After running the runningthe fifth-besttime in the
3,000-meter steeplechase for the semifinals, Arastu ran a career-
first time in Toledo, Ohio on May best time of 49.37 to take fourth
2, Ferlic found himself a natural place. In doing so, he became
to the event. The same distance the top Wolverine finisher in the
runner who suffered through a hurdles since 1997, when Neil
broken foot, mononucleosis and Gardner also placed fourth.
an iron deficiency a few short "Usually when I run that fast
months ago dropped 10 seconds I don't even remember the race,
at regionals to earn a trip to which is a good thing," Arastu
Eugene. said. "I got out hard, but those
But at historic Hayward Feild, guys were still right on my tail.
Ferlic posted a career-best time I knew I had a strong finish, and
of 8:47.09 totake 13th. He earned I could just compete the last 100
second-team All-American, meters and give everything I
falling 0.2 seconds short of a spot had."
in the finals in just his fourth While 44th place is nothing
time competing in the event. to celebrate about at one of
"You can always tell these the nation's most storied track
great success stories, but they programs, the weekend was
mean a lot more when it's some- still viewed as a success. In
one on your team showing that a long season of rebuilding,
you can do it," Michigan coach Arastu, Riffle, Ferlic, Dennis and
Fred LaPlante told the athletic Reichenbach feel they've laid the
department. foundation for years to come.
Junior Cody Riffle took ninth "Added LaPlante: "We've
place in the shot put with a touched all areas of our team
distance of 18.62 meters, falling in terms of guys making it to
just one spot short of first-team nationals. So now each guy goes
All-American. Already a school back to their event area and
record-holder in the event, Riffle that makes the link closer for
will return next year with his everybody to really believe they
eyes set on the first team. can get to this level."

WieffidI 9an Mhal.&
WekySummer Edition MichiganDailycom

Ann Arbor, MI


i e
Betsey Stevenson
Economics professor
appointed to Obama's
Council of Econ Advisors.
Medical Rankings
U.S. News & World Report
released 2013-14 Best
Children's Hospitals list.
Textual Tension
Hookup culture has gone
virtual, says Zak Witus in
this week's Viewpoint.
'Z' Conference Call
The Daily sits down with
director Mark Forster to
discuss his film.
Coach Retires
Men's track and field
coach, Fred LaPlante,
retired Monday.
>> SEE PAGE 12
mcgn i s.co ms 2013 iue oily
NEW S .............................. 2
OPINION ...............................4
CLASSIFIEDS................... 6
SPO RTS............. ................10


Patients and their families observe Monarch and Painted Lady butterflies at the opening of the new Healing Butterfly Garden
outside the old C.S. Mott Children's Hospital on Tuesday.

for grad
University buys
final two properties
needed for building
Daily StaffReporter
Graduate students, get
ready. The University's plan to
provide a housing complex just
for graduate students is moving
right along.
The Michigan Daily report-
ed in April that the residence
hall would house 600 students
in a 370,000-square-foot,
eight-story building on South
Division Street. The project
was made possible by a dona-
tion of $110 million from Uni-
versity alum Charles Munger.
The location was secured
by acquiring the current site
of Blimpy Burger, four houses
previously owned by former
Athletic Director Bill Martin
and two houses that Copi
Properties leases to students.
University President Mary
Sue Coleman first announced
plans for construction at a Uni-
versity Board of Regents meet-
ing in April. As of Tuesday, the
University reached an agree-
ment with Copi Properties and
closed on the purchase of two
houses. The University will pay
$1.5 million for both properties.
After the April board meet-
ing in which the project
was approved, a resolution
that would have allowed the
administration to use eminent
domain - the state's power to
take private property for pub-
lic use - if necessary was also
See HOUSING, Page 6

Thursday, June 13, 2013


Keyword search of
laptop could help
insider trading case
Editor in Chief
There may be a new break-
through in the five-year-old
insider trading case against hedge
fund SAC Capital. The University
is working out a tentative deal
with the U.S. Attorney's office to
allow access to former Neurol-
ogy Prof. Sidney Gilman's laptop
computer, which could provide
evidence of insider trading.
Gilman retired in November
after being accused by the U.S.
Securities and Exchange Com-
mission of assisting traders with
inside information. It is alleged
that he provided non-public infor-
mation regarding a clinical trial of

an Alzheimer drug produced by
Elan Corporation and Wyeth, Inc.,
owned by Pfizer, Inc.
Gilman's information on the
negative effects of the drug
reportedly allowed Matthew
Martoma, a hedge fund portfolio
manager for CR Intrinsic
Investors, to short sell the drug
company's securities, turning
a profit of over $276 million.
Martoma's firm is a subsidiary
of SAC, whose CEO, Steven A.
Cohen, has been under scrutiny
for insider trading by the SEC.
According to an SEC press
release of the Nov. 20 trial, Gil-
man, who was moonlighting at
an expert network firm, gave
Martoma information on the
Phase II trial two weeks before
it was to go public in July, 2008.
Expert firms came into
existence after the SEC issued
the Regulation Fair Disclosure
rule in 2000 - known as "Reg.

F.D." - mandating public
companies to release to all
investors simultaneously
"market-moving" information.
These firms allow hedge funds
to do their own research into
the fields in which they invest
instead of waiting for the infor-
mation to go public. While such
independent research is legal,
acting on knowledge classified as
non-public is not.
The release also stated that,
after receiving the information,
Martoma had a number of funds
sell $960 million in Elan and
Wyeth securities in about a week.
According to the release, Gil-
man and Martoma discussed
confidential PowerPoint presen-
tations regarding the trial, and
Gilman received $100,000 from
Martoma for the information -
he made $1,000 per hour for his
consulting work at the firm.

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