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INSIDE
Monday, October 22, 2012
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Haunted house depicts end-ofworld horror.
Texas bounces back against Baylor in classic Big 12 style.
LIFE&ARTS PAGE 10
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SPORTS PAGE 6
OPINiON
The debates stink but they don’t have to. UT professor Jeremi Suri explains.
SYSTEM
Endowment’s value rises to $13.5 billion By Alexa Ura
5 NEWS
Huston-Tillotson and UT students discuss society’s racial biases.
6 SPORTS
Texas’ defense didn’t show up Saturday, but made plays when they mattered.
The value of the Permanent University Fund, a state endowment that funds a portion of the University’s budget, increased by $194 million since last year despite receiving lower returns on investments compared to similar educational endowment funds. The Permanent University Fund is now valued at $13.5 billion as of Aug. 31, according to a report released by the
University of Texas Investment Management Company earlier this month. The Permanent University Fund underperformed compared to other university educational endowments valued at more than $1 billion in 2011, obtaining 12.9 percent less than the average return rate, according to data compiled by the National Association of College and University Business Officers. The association reported the average return rate was 20.1 percent in 2011.
Following a request for comment, a UTIMCO spokesperson said all of the company’s employees were travelling. The UT System created UTIMCO in 1996 as a nonprofit corporation that oversees investments for the UT System and the Texas A&M System. UTIMCO invests sale profits from semiannual land lease sales of 2.1 million acres that make up the Permanent University Fund. The land is
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Francisco Cigarroa
Paul Foster
UT Chancellor
UT Regent
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CITY
WEST CAMPUS
Swastikas concern off-campus dormitory residents
10 LIFE & ARTS
UT artists portray the violence along US-Mexican border.
By Jordan Rudner
TODAY Hip hop, mass media and racial storytelling The Senior Fellows Honors Program of The College of Communication hosts a talk by Tricia Rose, a professor of Africana Studies at Brown University in BMC 5.208 from 1:30 to 2:30 p.m.
Bevonomics 302B
Attend a session on how to make smart invests toward the things you want in life from 4 to 5 p.m. in BUR 224.
College of Fine Arts resume review In preparation for the Arts Internship and Networking Fair, the Fine Arts Career Services will be reviewing resumes in DFA 1.101 (the Co-Op Student Lounge) from 12 to 1 p.m. and 5 to 6 p.m.
Today in history In 1836
Sam Houston was inaugurated as the first president of the Republic of Texas.
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Quote to note “This is the offense we wanted. It’s who we want to be — very balanced. It’s who we were the first two games.” — Mack Brown, head coach SPORTS, PAGE 6
Maria Arrellaga | Daily Texan Staff Three men gather at the starting point for the Austin Thong Jog Saturday morning. The event was in commemoration to Leslie Cochran, and proceeds went to support services for Austin’s homeless.
Run and bare it
Downtown Thong Jog in icon’s honor supplies homeless with food, clothing By Tiffany Hinman Thong-clad Austin joggers filled the streets of downtown Austin Saturday in efforts to raise proceeds for the homeless and in memory of the Austin icon Leslie Cochran, a homeless man who died in March. More than 150 people registered for the one mile and
5k routes to raise proceeds for Mobile Loaves & Fishes, a social outreach ministry that provides supportive items such as food and clothing to the homeless. Cochran, who arrived in Austin in 1996, usually wore a thong while advocating for peace and against police brutality against the homeless. Many considered him the face of Austin’s
ELECTION 2012
Leaders urge students to vote early, prepare By Christine Ayala
Early voting begins Monday, allowing registered voters to cast their ballots at their convenience throughout the county at any polling location, including the Flawn Academic Center at UT. The FAC will be open for early voting from 7 a.m. to 7 p.m. until Nov. 2. During the last three days of early voting, two locations at Highland Mall and Lamar Plaza Shopping Center will be open until 9 p.m. and will have more ballot boxes than other locations. Students will need to show some form of identification, including driver’s licenses, or their voter registration card to vote. A full list of acceptable documents is available on the Travis County Clerk’s website. Michael Winn, Travis County Elections Director,
said voters should check if and where they are registered. Winn said there can be confusion about where students need to cast their ballot. Those registered outside of Travis County can request a mail-in ballot as long as the application is recieved (not postmarked) by Oct. 30. Applications are provided by Travis County online but must be addressed to the student’s home County Clerk’s office. “If you do vote early you can check that there are no problems, and if there are, you still have time to go vote,” Winn said. “It gives you a couple of days if you need to go to your home jurisdiction and vote there, or apply for a ballot by mail.” Danny Zeng, goverment and finance senior and College Republicans
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homeless community. Austin city officials estimate that more than 2,300 homeless people lived in the city in 2011. The Thong Jog was a joint effort to commemorate Cochran by Dean Baldwin, owner of the personal training company Austin F.I.T., and Sara Henry, owner of the event planning company Oh, Henry Events. Baldwin said he worked with Henry to create a fun event to honor Cochran’s positive impact on Austin residents. “Everybody really enjoyed
him in Austin,” Baldwin said. “Everybody sees him in a positive way. He influenced corporate people, college students, anybody visiting from out of town and specifically me and Sara to do this. It is important to keep his memory alive.” Cochran ran for Austin mayor three times, most recently in 2003. In 2009, Cochran was attacked and suffered a head injury. It is believed he died because of complications from
THONGS continues on page 2
Austin police received a report Saturday that swastikas had been carved into the doors of two suites in the University Towers private dorm complex located at West 24th and Rio Grande streets. Three Jewish students live in one of the suites. Students from the two suites said the swastikas, which each measured about a foot in diameter, were carved into their doors around midnight Friday. No arrest has been made in regard to the carvings and police say the investigation is ongoing. Undeclared freshman Andrew Kleiman, resident of one of the vandalized suites, said this was not the first anti-semitic incident he has seen while living at Towers. He said roughly a month ago, a brief verbal altercation occurred between members of his suite and members of the suite across the hall. Kleiman said he heard them use anti-Semitic
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UNIVERSITY Laura Bush, Julius Glickman, Charles Matthews, Adm. William McRaven, Melinda Perin and Hector Ruiz are recognized as distinguished alumni by the Texas Exes.
Courtesey of Mark Rutkowski
Distinguished alumni awarded By David Maly Six of UT’s most distinguished alumni, including former first lady Laura Bush and Adm. William McRaven, traveled to campus Friday to be honored for their accomplishments. For more than 50 years, Texas Exes, the University’s
alumni organization, has annually honored as many as six UT alumni who have distinguished themselves professionally and through service to UT with a Distinguished Alumnus Award. This year, the organization recognized Laura Bush, former first lady and 1973 alumna; Julius Glickman, philanthropist, attorney and 1962 alumnus;
Charles Matthews, former vice president and general counsel of Exxon Mobil Corporation and 1967 alumnus; Adm. William McRaven, commander of NATO Special Operations Command, leader of the military operation that resulted in the death of Osama bin Laden and
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