Image provided by: University of Oregon Libraries; Eugene, OR
About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (Oct. 3, 2005)
Oregon demolishes Stanford 44-20 I 9 Oregon Daily Emerald An independent newspaper at the University of Oregon www. dailyemerald. com Since 1900 \ Volume 107, Issue 28 | Monday, October 3, 2005 New program gives busted students a choice The SAPP has developed an alternative to its all-day Saturday class that emphasizes peer counseling and one-on-one meetings BY KATY GAGNON NEWS REPORTER For the first time, students living in residence halls who are cited for on-campus drinking or drug use can choose to forgo an eight-hour drug and alcohol class and instead attend a peer counseling session as punishment. The eight-hour Busted course, which discusses the risks of substance abuse, is not appropriate for many students because it isn’t individualized enough, said Tom Favreau, director of the Substance Abuse Prevention Program. The new program was developed after a huge rise in on campus alcohol and drug citations, Favreau said. Statistics from the Student Judicial Affairs office show that 1,063 students were cited for possession of alcohol in the 2002-03 school year, up from 354 the year before. In 2002-03, 784 students were cited for drinking alco hol; 173 students were cited the previous year. Last year, the Student Judicial Affairs office was “over loaded” with alcohol offenses, Favreau said. The new program will hopefully reduce the number of on-campus alcohol violations, he said. It’s “a way that students can get information in a non threatening environment,” said Darcy Ketchum, a gradu ate student and one of the program’s counselors. No interviews have taken place yet, but Favreau expects them to begin in the next few weeks. ALCOHOL, page 4 Financial dub's success attributed to teamwork Left to right: Consumer Goods Analyst Jeff Mecredy, Financial Sector Leader Bernie Fox and Director of Human Resources Justin Buell converse over breakfast at the Glenwood Cafe. The University Investment Group manages more than $650,000 and affects students' investment choices BY EVA SYLWESTER SENIOR NEWS REPORTER By managing large amounts of other peo ple’s money, members of a University stu dent group are gaining valuable experience navigating the financial industry. The University of Oregon Investment Group placed second in a national contest this summer and traveled to New York City to learn about the financial industry from Wall Street executives. The Davidson Student Investment Pro gram, sponsored by the brokerage firm D.A. Davidson & Co., put the group in competi tion with similar groups at 17 other universi ties. The group received a $5,000 bonus for getting the second-highest return on a $50,000 investment. According to the group’s Web site (uoig.uoregon.edu), a few students started the group in 1998. In 1999, the group was accepted by D.A. Davidson & Co. to manage a $50,000 portfolio; in 2001, four Lundquist College of Business alumni and the Univer sity of Oregon Foundation gave the group a $500,000 portfolio to manage. The group now manages $650,000, plus a $100,000 donation from Howard Svigals, a University alumnus who is the retired chief financial officer of Verizon International. Justin Buell, the investment group’s direc tor of human resources, said the group’s investments have been posting larger returns than what major mutual funds would predict. “I think we credit it a lot to the process that we use, how we vote as a group,” Buell said. In this process, a group member gives a company presentation, including a written report approximately 15 pages long, and the group then votes on whether to buy, hold or sell shares of the company’s stock. “The actual generation of a report can take up to 40 hours,” senior business ad ministration and economics major Bernie Fox said, adding that usually members write one report per term. Members of the group all have specific roles. There are three directors, three portfo lio managers, and a number of sector lead ers, equity analysts and analysts. Members must apply and be interviewed to advance from the entry-level analyst position, just as at a real business. FINANCE, page 8 International Resource Center expects remodel The IRC hopes that a renovated meeting place for international and University students will foster appreciation for diversity BY JOE BAILEY NEWS REPORTER When Remi Nagata came to the University from Japan three years ago, weekly coffee hours at the International Resource Center helped her make new friends. Anders Hansen, a student from Norway, joined the International Student Association through IRC. He said it has helped him feel more involved at the University. Naoya Yamada, a Japanese student, said IRC has simply been a refuge from the residence halls. All three said IRC has enhanced their experi ences at the University. The University hopes to expand the appeal and utility of IRC by remodeling the current facility, which is located in the EMU on the mezzanine level. In a Sept. 30 e-mail to University development directors and administrators, Associate Vice Pres ident for International Programs Tom Mills said more than $800,000 has been donated to the re modeling project and approximately $400,000 more is needed. Mills expects the additional money to be raised through donations and said he hopes construction will begin in 2006. The project will update the carpet ing, furnishings and heating and cool ing systems in the room, which has not been remodeled for more than 50 years. Space will also be added for international student of fices, and a new catering station will better ac commodate events. Sound and technology en hancements will allow for improved multimedia presentations. After the remodel, IRC will be called the International Center. “We will be able to provide better services for the groups that want to use it,” Mills said. Mills added that he anticipates the remodeling will be a “recruiting aid for the University.” Mills said IRC currently serves three general purposes: It offers a meeting place for foreign stu dents, it provides information to non-internation al students about foreign travel and study-abroad programs, and it allows students to attend inter national events and find international news. Every Friday afternoon IRC hosts an open reception with coffee and tea for international students. Nagata said she met “a majority” of her Uni versity friends at the Friday coffee hour. “Every coffee hour I have been here, and during the day it is just a nice place to study,” she said. IRC serves as a headquarters for international student groups and also helps facilitate study abroad, Mills said. “The number of our American students who study abroad is p I just shooting up,” Mills said. By hosting international events and IRC, page 8 Courtesy The Eugene firm Robertson/Sherwood Architects designed the floor plan for the proposed remodel of the International Center.