T H E I N D E P E N D E N T D A I LY AT D U K E U N I V E R S I T Y
The Chronicle
XXXDAY,FEBRUARY FRIDAY, MONTH XX, 22,2013 2013
Admins weigh SLG impact
ONE ONE HUNDRED HUNDRED AND AND EIGHTH EIGHTH YEAR, YEAR, ISSUE ISSUE 105 X
WWW.DUKECHRONICLE.COM
SLAM DUNK: Duke routs Virginia Tech 88-56
Board to discuss tuition, Duke Forward, value of higher ed
by Callie Gable THE CHRONICLE
Selective organizations can present positive and negative aspects of Duke social culture, depending on the role they play in students’ lives, administrators said. At a panel discussion Thursday evening, some 50 students gathered in the Gothic Reading Room for a discussion about the selective nature of the greek community, selective living groups and other University organizations. Moderated by Donna Lisker, associate dean of undergraduate education, and Gary Glass, assistant director for outreach and developmental programming for Counseling and Psychological Services, the pair engaged with students—including members of selective living groups and greek life in addition to those unaffiliated—in a conversation about the selective processes that impact students and the campus as a whole. The intent of the discussion—named “The Science of Selection”— was to bring together abstract ideas and present them on a “peer-to-peer” level, said senior Emily McGinty, a member of Team Kenan, a student group that works to highlight ethical issues in everyday student life. The pressure put upon new members to SEE SELECTION ON PAGE 4
by Julian Spector THE CHRONICLE
ADDISON CORRIHER/THE CHRONICLE
Mason Plumlee recorded his 15th double-double of the season as Duke earned its biggest win in ACC play this season. See story page 5.
McClendon cleared of wrongdoing An independent investigation of Aubrey McClendon initiated by Chesapeake Energy Corp. absolved the CEO of any “intentional” wrongdoing. McClendon, Trinity ’81, was accused of unethical business practices last Spring. The allegations stemmed from Reuters reports noting that McClendon borrowed against his stake in the company’s oil and gas reserves. The news led to internal, state and federal investigations. The interAubrey nal review, conducted McClendon by Locke Lord Bissell and Liddell LLP law firm, spanned 10 months and concluded Wednesday. McClendon will step down as CEO April 1, citing “certain philosophical differences” with the company’s board of directors. “The review of the financing ar-
rangements did not reveal any improper benefit to Mr. McClendon or increased cost to the company as a result of the overlap in the financial relationships,” the company said in a statement. The aim of the review was to investigate McClendon’s use of minority stakes in Chesapeake-owned wells as collateral for his personal loans. Additionally, the investigation found that McClendon did not violate antitrust laws when Chesapeake acquired rights to drilling a shale formation in Michigan. According to Chesapeake’s statement, the review process included more than 50 interviews with executives from Chesapeake and other companies, but the company did not release a full report of its investigation. Although the internal review is over, investigations by the Internal Revenue Service and the U.S. Securities and Exchange Commission are ongoing to examine McClendon’s financial transac-
tions and possible antitrust violations. Some analysts said Wednesday that the outcome of the Chesapeake investigation does not necessarily reflect what federal and state probes will find. “A finding of ‘no intentional misconduct’ still does not mean there was no misconduct,” Mark Hanson, an oil and gas analyst at Morningstar, Inc. told Reuters. “I think just the appearance of impropriety should be avoided, and I think that certainly wasn’t the case for either McClendon or the former board.” To date, he and his wife, Katie, Trinity ’80, have donated approximately $16 million to Duke. Their contributions have funded the Bryan Center Plaza and McClendon Tower. McClendon is also on the Duke Forward Campaign Steering Committee, a group of 22 alumni charged with leading Duke’s goal of obtaining $3.25 billion in contributions by June 2017. —from Staff Reports
ONTHERECORD
Alum’s foundation to host ‘Radio Show,’ Page 2
Duke gets $5M gift for athletics
“My cousin’s vengeance was in part fulfilled by me transcending a woman’s limitations....” —Pi Praveen in ‘Bro.’ See column page 11
The University announced a major gift to athletics on the eve of the latest Board of Trustees meeting. Roy and Merilee Bostock, who graduated from Duke in 1962, committed to a $5 million gift to fund facilities upgrades for Duke Athletics. The announcement comes as the Trustees are convening to discuss a tuition increase and the promotion of two areas of study: international comparative studies and neurology. The Trustees will also spend time in an interactive seminar “retreat” on the topic of the value of higher education. Bostock came to Duke on a football scholarship and earned varsity letters in both football and baseball. He also graduated Phi Beta Kappa with a degree in English. “I chose Duke because I thought it had the right balance between academics and athletics... I wanted to play Division I football and still have a very strong academic experience,” he said. “I look on Duke Athletics and particularly Duke football as giving me a huge opportunity to succeed going forward.” The gift will go into a $100 million fund for improvements to athletic facilities, particularly Wallace Wade Stadium and Cameron Indoor Stadium. President Richard Brodhead asked Bostock to lead this initiative as part of the $3.25 billion Duke Forward capital campaign, Bostock noted, adding that the athletics fund has gathered commitments totalling nearly a third of that so far. Both Trustee David Rubenstein, Trinity ’70, and Dr. Steven Scott and his wife Rebecca have committed $10 million to the athletics facilities campaign. The upgrades will focus on the two revenue sports, men’s basketball and football, with the goal of making Duke more competitive in attracting recruits and fans, Bostock said. By optimizing these facilities, Duke will be better able to “pay the bills” for other sports. “Wallace Wade is essentially the same facility I played in almost 50 years ago,” he said. “In order to compete in Division I athletics today, you have got to have great facilities.” As a student, Bostock had to balance academics with practice for two sports. The experience as a scholar-athlete taught him a lot about personal discipline, he said. “As a freshman, all I did was play football, played baseball and studied in Perkins SEE TRUSTEES ON PAGE 12
Women’s basketball takes on two ranked opponents, Page 5