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Show THE .,.. rj'--- fUTAH 'NICLE U)Vb t r7T7SO ;r. ' t i .1 ... The Search Continues: i The cnromcies Matt Hatfieldlittens me Elizabeth Smart story in photos. . . . 11 it- - 11 11 v Not a Drop: Chronicle Opinion Columnist Casey Jacketta examines American society's latest , abuse: water conservancy. m.m mm ui jBjai.j . umm Put Me in Coach: Four Utes were drafted into the bigs in last week's or League Baseball draft. The University of Utah's Independent Student Voice Since 1890 WEDNESDAY, JUNE 12, 2002 , VOL 112 NO 4 u Involved With Eur on Investigation Regents Allow Diversity 10 ue Finance Professor Admission Factor in ly sold electricity in California and other parts of the West. "Congress had asked the regulato investigate tory commission Enron and others about the actions of other companies, and they wanted outside expertise," Bessembinder said. Bessembinder believes the regulatory commission recognized his a expertise because he a U Mike also with Lemmon, paper finance professor, about business models for energy companies, which will appear in the June issue of the Journal of Finance. "We started the paper a few years ago, when energy markets weren't so Electricity markets are fairly complicated and relatively new, so we're learning along with everyone else." he said. "We needed a new model because the old business models assume you can store the product, which isn't true with Participates JAKE PARKINSON Chronicle Asst. News Editor Federal Committee During a meeting in May, the state Board of Regents agreed on a policy update aimed at increasing diversity at the state's colleges and universities. The policy, originally set in 1977, stated the Utah System of Higher Education prohibits discrimination on the basis of race, color, religion, national or ethnic origin, gender, pregnancy or military service while promoting equal opportunity and diversity. At the same time, the policy called for affirmative action in the hiring of faculty and staff, but it said nothing about the admittance of students. The new policy states: "Equal opportunity and diversity strengthen the institutions of higher education, stimulate creativity, promote the exchange of ideas and enrich campus life." It also states that the Regents "value equal opportunity and diversity" while directing institutions "to seek qualified students, faculty and staff from diverse backgrounds." Regents decided to their own stance on the issue after the state Legislature released the audit of the U School of Medicine, which claimed that the school possibly admitted minority students and female students over white male students, Regents decided to their own stance on the issue. diversity Regents say their new policy is free of quotas and is simply a suggestion to seek out applicants who are different. But this kind of policy has angered many state lawmakers, including Rep. Carl Saunders, who said this type of policy should be categorized as SHEENA MCFARLAND Chronicle News Editor Saunders, whose son and grandson were not admitted to the U medical school, called for the audit of the school. He was even more disappointed to learn the Regents decided to adjust their own views on their diversity policy. But U officials stand behind the board's policy. "The decision the Regents have made is the right decision," said Dave Pershing, U senior vice president for academic affairs. "And it always will be." Pershing said it is evident by a recently made decision upheld in Michigan courts that diversity is something universities have the ability to consider in the admission process. The 6th Circuit Court of Appeals overturned the decision of a lower court that ruled against a school's right to consider iace in the admissions process. jparkinsonchronicle.utah.edu The U may soon have deep impact on the investigation of the now defunct energy company Enron. U finance professor Hendrik Bessembinder will aid federal investigators in determining if Enron and other energy giants followed fair competition rules. Bessembinder, the Blaine Huntsman presidential chair in finance at the School of Business, is part of an investigating committee appointed by the Federal Energy Regulatory Commission assessing whether Enron and other power traders fair energy." Hendrik Bessembinder will serve on a federal energy investigating committee. Because both the business model and energy markets are so new, many of the situations Bessembinder will look at have no precedent. "'V ' Teach Short Course in Cuba IJ LAURA B. WEISS Chronicle Editor in Chief For the first time ever, a member of the U law school faculty will travel to Cuba to teach and conduct research. Erik Luna, an associate professor specializing in criminal justice, will teach a three-wee- k course at the of the country's Havana University oldest and most prestigious institution. "This is something new. There have been research scholars, but this may be one of the few occasions where American academics have taught university students in Cuba," LJ J - Jw X ':F J I, see ENRON, page 3 To If ft?A " U "We're looking at what sort of strategics were used in these markets because they aren't perfectly Law Professor LENDING A HAND: n ! f h ' n ' 1 '" s Luna said. However, securing the opportunity was not easy. Only certain groups S i, CZ J I football players Mark Veatupu, Josh Savage and James Tupcia help to unload food donated by local businesses to help with the effort to find missing Elizabeth Smart. Smart was taken from her home at gunpoint cn June 5, 2C02. See photo story cn page 6. U are allowed into Cuba, including humanitarian aid organizations and those in academia. And even these opportunities arc few and far between, making Luna's presence in the country a rare occurrence. "The embargo prevents any ongoing interaction between Cuba and see LUNA, page 4 AS UU Appoints New Supreme Court Justices dent of ASUU last year, Nelson' worked on many ADAM BENSON Chronicle News Writer It appears Mike Nelson can't pull himself away from student government Only a few short months off the job as student body vice president, Nelson received an appointment to serve as Associated Students of the University of Utah's Supreme Court chief justice next year. ASUU President Billy Edwards appointed Nelson because of his extensive understanding of RedBook, ASUU's policy manual, Nelson said. As vice presi the daily utah chronicle is copy! high-profil- e. on amendments to the policy manual. "He's had tons of experience with RedBook. With all of his experience, no one is more qualified than him to serve on the Supreme Court," Edwards said. The candidates were appointed by Edwards and await official approval by the Student Senate before they take office. The Senate is expected to vote on the appointees June 25. Though the other three appointees Jenifer Heather Thuet, Mark Barela and the additional three justices appointed last year are law stu the world vide Tom-cha- web at k, dents, it is not necessarily a prerequisite for serving on the court, Edwards said. In fact, Nelson is a communication major. But despite this difference, Edwards believes Nelson is the best man for the job. "He's a very smart and capable person, and he has such a great understanding of what goes on around campus...Of all the people that applied, he's the man to lead them," Edwards said. Serving a second year as Senate Chairwoman, see ASUU, page 4 www.DailyUtahChronicle.com |