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FRIDAY

IN VIEWPOINTS

IN SPORTS

Tea Party

UAA title battle

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Conservative movement could influence viable candidates.

Women’s basketball faces off against Wash U with championship on the line.

FEBRUARY 26, 2010

CHICAGO

AROON

VOLUME 121 ISSUE 30

CHICAGOMAROON.COM

The student newspaper of the University of Chicago since 1892

DISCOURSE

CRIME

Former Treasury secretary describes first days after crisis

Student arrested in Reg UCPD, witness reports at odds over arresting officer’s actions By Asher Klein News Editor University police arrested a student in the A-Level Wednesday night for criminal trespass and resisting arrest. While UCPD claimed the student was charged because he refused to show officers his identification or leave the library for unruly behavior, witnesses deny that police asked the student for ID or that the student was causing a disturbance. They also said the arresting officer was inappropriately aggressive. Witnesses identified the suspect as fourth-year Mauriece Dawson, who was taken into custody at around 8:30 p.m. and spent the night in jail. UCPD officers were responding to a

SHANE COUGHLAN/MAROON

Former Treasury Secretary Henry Paulson criticized Congress’s inaction leading up to the recent financial crisis and defended how he handled in a talk Tuesday in Max Palevsky Cinema. “We have an outmoded, outdated regulatory system in this country that needs to be fixed,” Paulson said to a packed Ida Noyes crowd. Paulson based his talk on his new book, On the Brink: Inside the Race to Stop the Collapse of the Global Financial System. Paulson described the days leading up to the crisis as full of anxious attempts to kick-start governmental action. “We [Paulson, current Treasury

Secretary Timothy Geithner, and Federal Reserve Chairman Ben Bernake] had a situation where we knew the arteries were clogged but members of Congress didn’t had to convince them we needed to act,” Paulson said. “I’m proud of what we did as first responders.” While Paulson has been described as an influential force in keeping the crisis under control, in Tuesday’s talk he expressed his disappointment that the government wasn’t able to stop it all together. “We were racing against time to get reform,” Paulson said of the Treasury during the days preceding the crisis. “And it took the impending meltdown to get Congress to act.” Although Congress prevented a

ARREST continued on page 2

ACADEMICS

Former Secretary of the Treasury Henry Paulson speaks about Congress’s slow reaction to the recession in Max Palevsky Cinema Tuesday.

By Adam Janofsky News Staff

complaint by a Regenstein clerk that said Dawson and his friends were making too much noise. “The policeman put the young man in a choke hold and wrestled him to the ground. The young man did not resist,” according to an account written by first-year Ariel McCleese and signed by more than 10 other students who were in the A-Level at the time. The incident began when clerk Lynn Franco heard Dawson and fourth-year Sahara Robinson laughing loudly as they walked from the first floor to the A-Level, Robinson said. According to Robinson, Franco told the two to be quiet without identifying herself as a library employee. Dawson and Franco declined to comment. “We were baffled [at Franco’s reaction] and continued down to

quick reaction, which Paulson would have preferred, he recognized that things could have been much worse. “Today we have unemployment at 10 percent, which is a very serious problem. But if the system collapsed we’re looking at...easily 25 percent unemployment,” Paulson said. Congress eventually passed the Troubled Asset Relief Program, providing an unprecedented $700 billion for the bailout that Paulson said helped stabilize the financial sector. “I think it’s remarkable we got action from the Hill in the period we were dealing with,” Paulson said. Paulson was quick to mention that true reform would require a change in corporate ideals as well as a change

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University puts reading lists on Time Schedules Web site By Amy Myers News Staff Listing course texts online could close the book on students’ quarterly trips to the Seminary Co-op. The University now links course listings on the Time Schedules Web site to course reading lists at Barnes and Noble and the Seminary Co-op, in preparation of a federal law allowing students to see how much their textbooks will cost before they register for classes. While a number of spring quarter courses have book lists, many professors still haven’t posted their

required books. The Higher Education Opportunity Act requires universities to publish both the retail price and ISBN numbers of textbooks before students choose courses. The change is effective this July, but the University began providing book lists a quarter early so that students can begin using the service as they pick their spring quarter classes, Associate University Registrar Jacqualyn Casazza said. “The focus of this provision was to give students time to find cheaper books, so we felt that the sooner the

LISTINGS continued on page 2

DISCOURSE

America still important in Middle East peace, panelists say By Hannah Fine Senior News Staff Two Middle East policy experts criticized black-and-white depictions of the Arab–Israeli conflict and emphasized America’s crucial role as a mediator during a talk Tuesday in Kent Hall. David Makovsky, director of the Washington Institute Near East Policy Project, and Ghaith al-Omari, advocacy director at the American Task Force on Palestine, said that while policy makers in Washington have been able to focus on the shared concerns of each side, college campuses are often more polarized. Makovsky and al-Omari are traveling to American colleges to encourage moderation and support for a two-state solution brokered by the United States. Al-Omari, who was an adviser to Palestinian Prime Minister Mahmoud Abbas, said the conflict had gone on too long to be resolved without a thirdparty mediator. “Both sides are hostage to their history,” he said. “In some ways,

both sides need adult supervision.” Al-Omari said the United States is a necessary part of any negotiation process because of its special relationship with Israel, which would have to make major concessions in any peace plan. Both speakers noted some good signs from the region. “Today we are poised at the beginning of a new phase. Those of us in Washington follow... things that are unpublished and we know that things are moving,” he said. Al-Omari expected to see negotiations through proxy talk in the next two to three weeks. Makovsky said he saw signs of cooperation from both Palestinian Prime Minister Salam Fayyad and Israeli Prime Minister Benjamin Netanyahu. In order to achieve a lasting peace, both leaders will need to “[change] the ethos from that of victimhood and entitlement to an ethos of accountability,” he said. The event was sponsored by Chicago Friends of Israel, Chicago Society, SGFC, and the Israel on Campus Coalition.

F

irst-year Lorca Sloan teaches a psychology class to high school students on the last day of the University’s Winter Cascade program Tuesday night.

CAMILLE VAN HORNE/MAROON


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