Although there is obviously political gridlock in the government right now, it can be remedied, alumni panelists said in a discussion moderated by associate politics professor Paul Frymer.
Receiving a Princeton education makes one privileged, even if that person was not privileged before, Christopher Lu ’88, Deputy Secretary of the Department of Labor and former White House Cabinet Secretary, told the Class of 2014 in his Baccalaureate addresson Sunday,titled “The Inheritance of a Princeton Education.” After one has received this inheritance, Lu said, one should give back to society. “Your education is your inheritance,” Lu said.
Anthropology professor João Biehl noted the importance of recognizing recipients of aid as dynamic individuals while moderating the Friday panel “Princeton Alumni in the Service of All Nations.” “If we work with people on an everyday basis, we understand them as much more complex beings,” he said.
The compensation system gives too much incentive for bankers to take risks, and the University has promoted the view that the markets generally take care of themselves, Paul Volcker ’49, former chairman of the Federal Reserve, said in a panel discussion on Friday. "We have a department at this great University ... teaching people how to get around every rule you can conceive of to make big bonuses at big banks," Volcker said, referring to the Operations Research and Financial Engineering department. Richard Herring GS ’73, professor of international banking at the University of Pennsylvania's Wharton School, said governments typically bail out banks for one of four reasons: they are too big, they are important to key markets, they are interconnected with other important financial institutions or they're complex.
Flo Rida, a hip-hop artist, performed at the 25th reunion tent in Whitman College on Thursday night, a concert that was initially restricted to Class of 1989 guests but was eventually opened to all Reunions attendees. The decision to open up the concert was a “class decision,” according to a source familiar with the situation. Multiple members of the Class of 1989 told The Daily Princetonian earlier on Thursday evening that Flo Rida was expected to perform. The concert took place on early in the Reunions schedule, on a day when most attendees have yet to arrive on campus.Entertainment chair for the 25th reunion Stephen Consentino ’89 explained that this was due to the artist's schedule, who was unavailable any other day. One of Flo Rida’s most famous songs is “Low,” featuring T-Pain, which became popular around 2008.
A globe inside Guyot Hall caught on fire Friday afternoon during an alumni reception. University Vice President and Secretary Bob Durkee ’69 was on the scene, but deferred comment to Geosciences Department Manager Nora Zelizer. At approximately 6 p.m., the motor on the globe caught fire and triggered the fire alarm, Zelizer said.
The world’s 25 fastest markets account for only 0.4 percent of market capitalization in the world’s stock markets, but also make up 30 percent of the world’s population, Thanassis Mazarakis ’84, COO of Southern Star and former president of Chase Merchant Services, said in a panel discussion Friday about the best investment opportunities.
The Daily Princetonian spoke to former chairman of the Federal Reserve Paul Volcker '49 following a panel discussion in which he participated, titled "Are financial institutions too big or too big to fail?" At the panel, Volcker criticized universities like Princeton for allegedly teaching students how to cheat the financial system. The Daily Princetonian: Do you think the Federal Reserve went far enough in stabilizing the banking system? Paul Volcker ’49: No, I'm not going to answer a question like that. DP: Pretty recently, some economists have suggested that the central bankers took [the threat of] inflation too seriously. PV: I'll give you a simple answer.
A panel of female alumni discussed the question "Should women do it all?” at a Reunions discussion on Friday moderated by politics professor Tali Mendelberg.
Brian Reilly ’14 won the Young Alumni Trustee election and will begin a four-year term as a University trustee on July 1, the University announced on Friday.
While the media and public often take a short-term view of the benefits of a college education, the University is a long-term enterprise, University President Christopher Eisgruber ’83 told an alumni audience on Thursday at the Class of 1959 Reunion Seminar.
Flo Rida, a hip-hop artist, is currently performing at the 25th reunion tent. The concert is expected to last no longer than an hour and a half.
The annual Daily Princetonian Reunions issue compiles the biggest stories of the year on Princeton’s campus.
Following a lawsuit and an outpour of op-eds in The Daily Princetonian, University mental health policy has been at the forefront of campus conversation, prompting administrators to hold dialogues to hear students’ concerns and, in some, cases consider reform. In March, a student filed a lawsuit in federal court against the University alleging that it had engaged in discrimination when handling a case of attempted suicide. In April, a student published an anonymous op-ed in The Daily Princetonian criticizing the administration’s practice of demanding detailed medical records from students who have taken time off for mental health reasons. “If I ever want to return to Princeton as a student, I will have to ‘voluntarily’ waive my right to doctor-patient confidentiality by signing … two forms,” the student wrote.
Tiger Inn elected four new officers on March 31 after all but two officers resigned earlier that month following a party, deemed unauthorized, of the heavy-drinking group called the 21 Club. The elections came after what was officially called a “security breach” at the club on March 9, according to an email obtained by The Daily Princetonian that was sent to members by the club’s graduate board president Robert “Hap” Cooper ’82. Former president Ryan Cash ’15, house manager Dror Liebenthal ’15, treasurer Will Siroky ’15 and safety czar Victoria Majchrzak ’15 offered their resignations to the club’s graduate board of governors after the incident. Oliver Bennett ’15, the vice president prior to the incident, was elected president.
Amid a backdrop of intense activism, a male Columbia student is retaliating in federal court against an internal disciplinary conviction of sexual assault. The student, who is only identified as John Doe in the suit filed Monday, alleges that Columbia administrators sought to make an example out of his case, that his rights under Title IX were violated and that administrators succumbed to external pressures from student activists in determining his guilt.
Forbes College Director of Studies Patrick Caddeau will become the next dean of Forbes, Forbes College Master Michael Hecht announced in an email to Forbes students on Wednesday.Caddeau will replace retiring dean John Hodgson, who has worked within Forbes since 1994.
Officers from the Department of Public Safety and the Princeton Police Department responded to a call about a student holding what appeared to be a toy gun in Butler College shortly after 9 p.m.
Music professor Paul Lansky will retire this month. Lansky was one of the first composers to choose a machine as his main instrument, having specialized in computer music since 1973, NJ.com reported.Initially a French horn player and guitarist, he began digitally composing on an IBM mainframe with one megabyte of memory in the 1960s.
While approving members of the Honor Committee and Committee on Discipline, the Senate debated some of these groups’ practices in its final meeting of the year on Sunday night. Under current protocol, members of the Honor Committee contact students to meet with the committee but do not inform students of whether they are being called in because they are suspects or witnesses. U-Council chair Elan Kugelmass ’14 raised the idea that students should be informed of their position as soon as possible in order to ensure their rights are protected. “When we’re trying to build a system on trust … it doesn’t make sense that we would treat all students with some kind of impression that they’re not going to tell us the truth if we don’t give them the time to think of what to say,” he said. Honor Committee chair Luchi Mmegwa ’14 responded to Kugelmass’ claim saying when a student is called in, the student is able to call in a representative at any point during the meeting and, in some situations, the committee members themselves do not know if the student called forth is a suspect or a witness. U-Councilor Zhan Okuda-Lim '15 noted that when this is the case, it creates a gray area for students who neither fit the description of a witness or a suspect. Although some members of the senate described this “gray area” as troubling with regard to ensuring the student's right to representation, Mmegwa said, “With regards to gray area, what I was meaning to say was that we never have a situation where we are calling someone who may be a suspect, but not treating them with their rights.” He added that when students are called into the office, the student is able to decide which course of action to take before proceeding with the investigation and case. “Students who come before the Honor Committee, even in investigatory phase, should be informed of status and rights and should not be left wondering if there were charges brought against them,”Kugelmass said. According to Kugelmass, Associate Dean of Undergraduate Students Victoria Jueds, who serves as secretary of the Committee on Discipline, said that she didn’t think it was necessary for students to have representation during the first meeting. Kugelmass asked the six nominees for the Honor Committee whether they “support all efforts to quickly inform all students whether they are suspects or witnesses.” He proceeded to ask the same question to the five nominees for the Committee on Discipline. All nominees agreed and were approved for their positions. The Senate also elected two new Council of the Princeton University Community executive committee representatives — U-Councilors Danny Johnson ’15 and Okuda-Lim.
