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Thursday, October 11, 2012
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NATIONAL
SUPREME COURt Investigates ut Abigail Fisher questions the University’s use of affirmative action in admissions process
CAMPUS
WORLD
Iraq oil well may make UT regent a billionaire
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By Alexa Ura
OPINiON
A UT System regent’s day job could make him a billionaire thanks to a new oil well drilled in Iraq. ShaMaran Petroleum Corp. announced a new well last month in Iraq’s Kurdistan region could produce hundreds of millions of barrels of oil. UT System Regent Alex Cranberg is chairman of Aspect Holdings, LLC, whose subsidiary, Aspect Energy International, LLC, is a partner of ShaMaran and Houston-based Marathon Oil on the well. Aspect, which has the largest stake in the project, holds 53 percent of the oil exploration license for the land where the well was drilled. Aspect could see a combined return on investment close to $1 billion if it buys out ShaMaran’s stake in the project, estimated to reach $500 million, according to Forbes Magazine. Cranberg declined to answer The Daily Texan’s questions about the well in an email but told Forbes that partners involved in the project have invested more than $130 million. “I am a big believer in the Kurdish Region and its long-term prospects for
The Daily Texan and the OU Daily trade trashtalking columns before the big game. OU, as it happens, still sucks.
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Return of the PRI
Professor Sergio Aguayo discusses return of Mexico’s Partido Revoluciionario Institucional (PRI) in the Santa Rita Suite 3.502 at the Union.
Broken Books
Learn how to repair and preserve your personal book collection using readily available materials at 1 p.m. at PCL 1.124.
EDU continues on page 2
Seve nt Stree h t Sixth Stree t
Fifth Stree t
Fo
urth *Re-opening as: Stree t 3. Chicago House 5. Bourbon Girl 7. 404 8. Hyde Upscale Gay Lounge
es S treet
1. Pure Ultra Lounge 2. Treasure Island 3. Fuel* 4. Malaia World Lounge 5. Spill Bar* 6. Roial Night Club 7. Kiss & Fly* 8. Qua* 9. Stack Burger Bar
Nightclubs seized from Yassine Enterprises by the federal government.
Nech
Coinciding with a restructuring of UT’s career services on campus, MyEdu.com will now help students in the hunt for jobs and internships. The online higher education platform launched an overhaul of its website Wednesday morning and introduced “the student profile,” designed to connect students with potential employers. Students can search for jobs and internships, while employers can search for candidates who are matches for their company. “Our mission is to help students get a better return on higher education,” said Frank Lyman, senior vice president of products and marketing at MyEdu. “After a couple of years of doing a lot to help students on the academic side, we are now adding this career aspect.”
Last year, the UT system invested $10 million in the online platform. MyEdu executive board member John Cunningham is the son of former UT President and UT System Chancellor William Cunningham. Previously, MyEdu was a tool students could use to plan out their schedules for years in advance. The website has course data collected from more than 800 institutions, and Lyman said the scheduling service helps students graduate on time and save money. The scheduling service is still a part of MyEdu’s website, but now students can create a profile that shows their interests, skills and abilities. Lyman said MyEdu spent a lot of time talking to students and trying to figure out what kind of services they were not receiving. He said many
Formerly Yassine-run nightclubs
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By Bobby Blanchard
CITY
Stree
Participate in a performance art piece titled “The Void.” Participation takes about four minutes and will occur from 12 to 2 p.m. in the sculpture shed at the Art Building.
MyEdu evolves to include career services for students
REGENT continues on page 2
Trinit y
The Void
SCIENCE AND TECHNOLOGY
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s Str eet
TODAY
ROTC
prosperity,” Cranberg told Forbes. “I intend always to be an investor in Kurdistan one way or another.” Testing rates on the well totaled 42,212 barrels of oil per day, according to a statement from ShaMaran Petroleum. Average wells in the Middle East produce between 5,000 and 10,000 barrels of oil per day, said Erik Kreil, international petroleum expert for the U.S. Energy Information Administration. “That’s a sizable well anywhere in the world,” he said. “It could also push for an increased production rate in Iraq, who is trying to export 200,000 barrels of oil per day by the end of the year.”
Jacin to Blvd
LIFE & ARTS
Get to know three ACL artists before you see them on stage.
officer candidate. The 86-member UT battalion began the first leg of the 200-mile trek to Dallas on Monday, alternating groups of runners until the entire group reaches Dallas the Thursday before the game. “This tradition also reminds us that we as a student
UT System Regent
Brazo
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Every year the Naval ROTC battalions from UT and OU run the game balls for the Red River Rivalry game to Dallas. When the two batallions meet in the middle, they hold their own rivalry football game. The tradition, which began 30 years ago, continued
this year when UT head football coach Mack Brown tossed the game ball to the UT Naval Reserve Officer Training Corps at Wednesday night’s Torchlight Parade and Rally. “The tradition allows every midshipman in our unit to come together and carry out a highly challenging yet highly rewarding event,” said Rene Perez, a UT NROTC
Alex Cranberg
San
Texas point guard Myck Kabongo under NCAA investigation.
By Taylor Hampton
Cong ress Aven ue
SPORTS
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Naval ROTC treks on foot for rivalry game against OU
a St reet
Offensive protest outside Student Union sparks controversy.
Pearce Murphy | Daily Texan Staff Mack brown, head coach of the Texas football team, tosses the official game ball to a member of the Navy ROTC at Wednesday night’s torchlight rally.
Lavac
NEWS
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INSIDE
FISHER continues on page 5
Andrew Messamore | Daily Texan Staff UT President William Powers Jr. stands in front of the the United States Supreme Court building with the family of Heman Sweatt. After successfully winning a lawsuit against the University in 1950, Sweatt became the first black law student to attend the University of Texas.
ado
WASHINGTON – The Supreme Court pressured UT to justify its use of race in admissions Wednesday as the justices picked apart the meaning of racial diversity in court. Arguments in Fisher v. Texas centered on whether UT’s use of race creates essential and meaningful diversity on campus. Supporters of affirmative action, including civil rights leader the Rev. Jesse Jackson and the Rev. Al Sharpton, convened in the capital to show support for UT’s position during the proceedings. The hearing kicked off the last stretch of the legal saga of Abigail Fisher, now a graduate of Louisiana State University. UT rejected Fisher in 2008 and she later sued the University, claiming her right to equal protection was violated because race was a fac-
tor in her application. Fisher attended the hearing and issued a brief statement supporting her case when arguments concluded. A decision on the case is expected sometime next year. Bert Rein, Fisher’s counsel, said he did not intend to challenge the current precedent that race may be used to further diversity — a position affirmed in the court’s decision in Grutter v. Bollinger in 2003. Instead, Rein said he intended to challenge Grutter’s “unlimited mandate” to use race classifications that discriminate against some applicants without creating measurable diversity. “What we are concerned about is universities like UT that have read [Grutter] to be a green light to use race with no discernible target — critical mass,” Rein said.
Color
By Andrew Messamore
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Yassine Enterprises trial continues By David Maly & Tiffany Hinman Jury deliberations began Wednesday in the trial of former downtown nightclub owners Hadi Yassine, Hussein “Mike” Yassine and Mohammed “Steve” Yassine. The three face money laundering charges that could carry a hefty jail sentence if they are found guilty. Their trial began Oct. 1 and is the result
of a five-year FBI analysis of the dealings of Yassine Enterprises, a family-run company co-owned by the defendants. The company operated nine downtown nightclubs, which were seized by the federal government last spring. The government also seized the site of a future club earmarked by Yassine Enterprises in the west downtown area. A fourth defendant originally charged along with the three Yassines, Marisse Ru-
ales, did not stand trial with the three defendants. Her case is still pending, officials said. The trial of the three defendants focused on testimony and evidence from their cousin, Mohammed “Mo” Yassine, an FBI informant during the investigation. According to the Austin American-Statesman, Mo Yassine was paid $340,000 throughout the investigation for his undercover work.
TRIAL continues on page 2