term performance continues to
rank in the top quartile compared
to the performance of other
large university endowments,”
Kevin Hegarty, executive vice
president and chief financial
officer, said Thursday.
Erik
Lundberg,
University
chief investment officer, said
the investment return is down
due to lower energy prices —
the University allocates a large
number of its investments to
natural resources — and the
appreciation of the U.S. dollar,
which
resulted
in
lowered
foreign
investments.
The
endowment also suffered losses
due to high initial estimated
values for equity and fixed
income investments that did not
end up performing as well as
expected.
However, in a press release,
Lundberg
said
long-term
performance
“is
more
than
sufficient to sustain and grow
the endowment in real terms net
of spending.”
The University’s endowment
received
a
slightly
lower
ranking this year compared to
other university endowments.
National experts ranked the
fiscal year 2015 endowment as
the ninth largest in the nation,
down from the seventh largest in
2014, according to U.S. News and
World Report. It also went from
being the top endowment of any
public institution to being third.
When compared per student
the
University’s
endowment
rank actually increased this
year. The funds per student are
ranked at 88th in the nation,
compared to 94th in fiscal year
2014.
Despite
the
large
pool
of
money
the
endowment
represents,
the
University
is limited by how how the
endowment can be spent. Some
endowment funds are only used
for specific purposes — such
as
scholarships,
educational
programs or professorships —
and thus is not the University’s
only source of funding.
Twenty-one percent of the
total endowment distribution
is also restricted for use by
the University Health System,
while another $2 billion goes
toward student scholarships and
fellowships.
University spokesman Rick
Fitzgerald
said
Thursday
because of those limitations, the
University still needs financial
support from other areas to
fund other operations, citing
increases in tuition as one way to
make up those costs.
The University’s Office of
Public Affairs states on its
website
that
funding
from
external and internal sources is
critical for University functions:
“The endowment provides
a margin of excellence for
the University, but it does not
replace the unrestricted funds
coming from state support and
student tuition dollars.”
LSA
senior
Jonathan
Friedman, chair of Hillel’s Israel
Cohort, wrote in an e-mail
interview
to
The
Michigan
Daily that he wanted to plan the
event as a way to help the Jewish
community on campus respond
to the violence.
“More than just an outlet, (the
vigil) is an opportunity to be
aware of the tragedies and take
a step towards positive change,
however small it may be,” he
wrote.
Seven Israelis have died in
the last month in attacks carried
out by Palestinians, according to
The New York Times. Twenty-
eight Palestinians have also died
during the past two weeks in
clashes with Israeli forces, The
Washington Post reported.
A dozen of the Palestinians
killed were identified by Israeli
authorities as perpetrators in the
acts of terror, the Post reported.
As
recently
as
Tuesday,
attackers have used firearms,
vehicles, stones and knives to
carry out the assaults.
LSA
sophomore
Elana
Rosenthal, who also helped
plan the event, said she wanted
to emphasize Jewish solidarity
with Israel in light of the attacks.
“I felt that it was necessary
to create an event like this in
order to unite all Jews, and all
people, of moral conscience to
declare ‘enough,’ ” she said in an
e-mail interview. “Our brothers
and sisters in Israel are facing
incessant terror attacks. We
cannot remain silent. We must
declare that Israel is not alone-
we stand with you!”
At the vigil, students sang
Israeli
songs
such
as
the
country’s
national
anthem
“Hatikvah,” which means “the
hope” in Hebrew.
Engineering
sophomore
Kevin Wolf also recited a prayer
in honor of those who have been
affected by the terror in Israel.
Wolf said he thought having
the vigil was important because
many of the Jewish students at
the University know someone
personally or distantly who has
been affected.
“As I was taking the bus here,
I was just thinking how lucky I
am that, in this moment, I don’t
have to be worried about being
stabbed,” Wolf said. “For my
sister who lives there, I just want
her to know that I care and that
we all care.”
The names of the Israeli
victims of and those wounded
by the terror attacks were also
read on the Diag. The list of
names, which was updated as of
Wednesday, included 7 people
who have died from the attacks
and 21 people who have been
wounded.
LSA junior Inbar Lev read
part of the eulogy for Naama
Henkin,
an
Israeli
woman
who was killed along with her
husband Eitam Henkin. Lev also
read a statement from Joshua
Lankin, whose uncle, Richard
Lankin, is currently in critical
condition after being wounded
in one of the assaults.
When asked why she chose
to read the eulogy aloud to the
group, Lev said the acts of terror
have had a big impact on her
personally.
“I’m Israeli, so it hits very
close to home,” she said. “I feel
as though we just want to show
that we respect the lives that
have been lost because of this.”
LSA sophomore Josh Blum
said the vigil was a way for those
affected on campus to pay their
respects to the victims of the
attacks.
“A lot of Israeli lives have
unfortunately ended very early
and I think we need to pay our
respects for those who have
died because of terror attacks,”
he said. “This is not a way to
get peace. You get peace by
diplomacy. You do not get peace
by killing one another.”
3-News
The Michigan Daily — michigandaily.com
News & Arts
Friday, October 16, 2015 — 3A
Oscar winner stars
in ‘Antigone’ at UMS
By COSMO PAPPAS
Daily Arts Writer
Few plays in the history of the-
ater have attracted so much atten-
tion for their political resonances
as much as
ancient
Greek
play-
wright
and
statesman
Sophocles’s
“Antigone.”
From its role
as a parable
of anti-fascist
resistance in
Jean Anoihl and Bertolt Brecht’s
1940s re-stagings to its reception
as a feminist call-to-arms against
state power, the questions that
this 441 BCE work poses will find
new life yet again this week at the
Power Center for Performing Arts
in Ann Arbor with a star-studded
cast of collaborators.
French Academy Award-win-
ning actress, dancer and artist
Juliette Binoche will star in this
production directed by Ivo van
Hove, former director of Het
Zuidelijk Toneel in Eindhoven
and Toneelgroep Amsterdam and
winner of various international
theatrical awards. This perfor-
mance features a new transla-
tion by poet, translator, essayist
and former UM professor Anne
Carson, who has also previously
translated “Antigone,” the second
of Sophocles’s Theban trilogy,
in an idiosyncratic, thoughtful
and poignant rendering entitled
“Antigonick.” However, at van
Hove’s request, Carson-the-poet
took a backseat to Carson-the-
classicist, with the script for this
production a more literal, word-
for-word translation.
“I think this is an analogy for
the difference between them (the
two translations),” Carson said at
a Penny Stamps Lecture on Oct.
13. “In Antigonick, I tried to take a
photograph of an apple tree from
an angle that would capture the
essence of that apple tree at a cer-
tain moment that I thought beau-
tiful. And in the second version,
it’s more like I’m taking hold of
the tree and trying to shake every
apple down, get every apple off it.”
These performances, as well
as the dialogue between Binoche,
Carson and Montreal-based nov-
elist Will Aitken that took place
at the Penny Stamps lecture are
a high watermark in Ann Arbor
arts. This week, local audiences
have the opportunity to experi-
ence genuinely world-class talent
bearing upon questions of transla-
tion, performance and interpreta-
tion of this centerpiece of ancient
Greek theater.
Briefly
summarized,
“Anti-
gone”
presents
the
conflict
between Antigone, daughter of
the incestuous marriage between
Oedipus and Jocasta and thus
princess of Thebes, and Creon,
king of Thebes. In the course of
a civil war, Antigone’s two broth-
ers, Eteocles and Polyneices kill
each other over claims to the
throne. However, Creon declares
Eteocles a hero and a Polyneices
a traitor, forbidding that the lat-
ter be buried. Antigone, whose
love for her brother borders on
incestuous (“yet how sweet to lie
upon my brother’s / body, thigh to
thigh,” Carson renders in “Anti-
gonick”), refuses his decree and
buries her brother. Eventually,
Antigone and Haemon (Creon’s
son and Antigone’s fiancée) com-
mit suicide before Creon is able to
deliver the news that he will bury
Polyneices and will spare Anti-
gone because of the gods’ anger
over his decree since the burial of
the dead is sacred.
Van Hove is sensitive to the
political implications of burial
and to the nuances of this play as
a political work overall. He says
in the University Musical Society
program booklet that “ ‘Antigone’
develops from a play about a bru-
tal war into a play about politics
and public policies and ends as
a play about the helplessness of
humans, lost in the cosmos.”
Philosopher and gender theo-
rist Judith Butler’s 2000 book
“Antigone’s Claim” is significant
for its engagement with the play’s
political,
potentially
feminist,
meanings that every performer
brings their own perspective to
bear on.
“There’s something in the play
that is very reachable, accessible,
you understand immediately in
your life and our society, because
we need to heal something about
our family, about our society,
about our world,” Binoche said
in an interview with UMS. “Anti-
gone is a healer somehow, even if
she chooses to sacrifice herself.”
“Antigone”
by Sophocles
Oct. 14-17
Power Center
$12 (students) -$90
INVESTMENT
From Page 1A
VIGIL
From Page 1A
that students have already taken
advantage of more than during
past reviews. Rider-Milkovich
said while only 70 students
responded to an online feedback
form during the last update
to the policy, this year more
than 225 people have already
responded in the three weeks it
has been online. The form will
remain open until Nov. 6.
During Thursday’s discussion,
attendees raised concerns about
several definitions in the policy
relating to ability to give consent.
The current proposed draft
does not set to change the
definition of consent, but it
does
propose
changing
the
definition of coercion, force
and incapacitation, the former
of which was a main focus of
discussion.
The proposed definition for
incapacitation reads, “A person
who is Incapacitated cannot
Consent
to
sexual
activity.
A person is Incapacitated if
they are asleep, unconscious,
intermittently
conscious,
unaware that sexual contact is
occurring, or lack the physical
and/or mental ability to make
informed, rational judgements.
Incapacitation
may
result
from
the
consumption
of
alcohol or other drugs. Where
alcohol or drug use is involved,
Incapacitation is a state beyond
intoxication,
inebriation,
impairment in judgement or
‘drunkenness.’ ”
Attendees said they believed
the current draft definition does
not specify clearly enough the
amount of drinks it takes to be
incapacitated and thus unable to
provide consent.
Patty
Petrowski,
associate
vice
president
and
deputy
general
counsel
for
the
University, offered a second
potential definition in response
to the concerns.
“A
person
who
is
incapacitated
is
unable
to
temporarily
or
permanently
give consent because of mental
or physical helplessness, sleep,
unconsciousness
or
lack
of
awareness that sexual activity
is taking place,” she said. “A
person may be incapacitated as
a result of the consumption of
alcohol or other drugs, or due
to a temporary or permanent
physical or mental health issue.”
Several
attendees
were
more responsive to the second
definition. LSA senior Anna
Forringer-Beal,
volunteer
at
SAPAC and Relationship Remix
facilitator, said a question often
brought up is how much alcohol
is too much alcohol.
“We
always
get
people
questioning, ‘Well what if one
person had, like, a drink and
they’re totally fine. Does that
mean they can’t give consent?’”
Forringer-Beal said. “I think the
distinction on that sliding scale
is so important, and I think that
it’s really great that you’re taking
into account what’s going on
in terms of how alcohol affects
people differently.”
Rider-Milkovich said it was a
difficult issue to put into words.
In particular, she said the hardest
cases
to
handle
regarding
incapacitation are ones in which
the victim appears lucid but is in
fact very intoxicated.
“That’s one of the most
difficult
situations,”
Rider-
Milkovich said. “When someone
is in total blackout but operating
normally, and especially when
we’re looking at the test of did
the respondent know? Or should
the respondent reasonably have
known?”
When the topic was revisited
at the end of the discussion,
LSA senior Laura Meyer made
a suggestion to help clarify the
definition of drunk.
“You know how the Inuit have
like 200 words for snow? I feel
like college students have 200
words for when they’re drunk,”
Meyer said. “Maybe using other
words like tipsy or buzzed, and
beyond buzzed or beyond tipsy.”
Several other draft changes to
the policy, including improving
interim measures to protect
parties
in
an
investigation,
increasing
academic
support
for survivors, deciding who
should choose the student who
would be on the advisory board
and whether or not to identify
witnesses in cases were also
discussed Thursday.
LSA senior Fabiana Diaz said
she would like to see the creation
of a position to deal specifically
with student needs while a case
is still being processed and
sanctions haven’t been decided.
For example, Diaz said, under
the current situation, students
living in the same dorm as an
alleged assailant have to inform
University Housing if they want
to change their living situation,
who then contacts someone
else and so on, drawing out the
process.
“It’s not just like you contact
somebody and I think that’s
frustrating for the survivor —
it’s like we’re going in circles
to make sure these things are
actually enforced,” Diaz said.
Rider-Milkovich agreed with
Diaz and suggested following
a model other campuses use of
assigning one person to work
with the survivor of a sexual
assault throughout the entire
process instead of having to go to
several different contact offices
to address different issues.
The suggestion found favor
with the room, with several
people verbally responding yes
and others clapping in result.
SAPAC
From Page 1A
DELANEY RYAN/Daily
University President Mark Schlissel runs the University Regents meeting that is hosted annually by the Flint
campus at the Riverside Banquet Center on Thursday.
REGE NTS GO TO FLINT
@michigandaily
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