NEW HAVEN, CONNECTICUT · TUESDAY, JANUARY 20, 2015 · VOL. CXXXVII, NO. 70 · yaledailynews.com
INSIDE THE NEWS MORNING EVENING
SUNNY CLOUDY
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CROSS CAMPUS Thief! Reports of thefts on,
around and beyond campus have been multiplying of late. Several incidents inside the residential colleges preceded the ambush announced in Yale Police Department Chief Ronnell Higgins’ Monday night email to the community. Can never be too safe, kids.
MORE MONEY MORE MORALS, SAYS NEW STUDY
REMEMBERING KING
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In speech, Brown’s pastor says “to love the hell out of your haters.”
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PAGES 10-11 SCI-TECH
PAGE 5 UNIVERSITY
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MEN’S BASKETBALL
Bulldogs rout Bears
It’s not magic — it’s science.
The Cushing-Whitney Medical Library is hosting a YUL Ball & Exhibit Opening to celebrate the beginning of its “Harry Potter’s World: Renaissance Science, Magic and Medicine” showcase today. Do you have to be 21 in the state of Connecticut to drink butterbeer?
Too buttered up. The TD Butt (of 50-most fame) opened a new, renovated facility last night in an event that secured nearly 200 online RSVPs after promising tater tots and a credit card swipe machine. And far too much toilet humor — could be the Rumpus influence getting to them. You can try. A Sunday article
by investment research firm Morningstar analyzed David Swensen’s legendary portfolio management strategy to explain why others taking similar approaches shouldn’t necessarily expect success. Reading Swensen’s book, the writer said, does as much for an investor as wearing Michael Jordan’s shoes does for a basketball player.
Handing it off. Tonight, FOOT
leaders are hosting an info session for new devotees of the outdoors. Indoor homebodies need not apply.
Attn: Scott Walker. According
to an article in yesterday’s New York Times Upshot section, you can still drop out of college and have a shot at the U.S. Presidency. As recently as the Grover Cleveland days, a diploma wasn’t wholly necessary, the article noted, before commenting on Yale’s success in the Oval Office (we already knew that part).
Cry Wolff. Back in the political little leagues, the YPU will be debating “America’s most prominent Marxist economist,” Richard Wolff, tonight on the issue of nationalizing banks. THIS DAY IN YALE HISTORY
1989 Department officials announce that three YPD officers will be reassigned to the New Haven Police Department. Follow the News on Twitter.
@yaledailynews
ONLINE y MORE goydn.com/xcampus
Basketball and hockey squads make quick work of the Brown Bears. PAGE 12 SPORTS
Freshman injured in fall from Bingham BY STEPHANIE ADDENBROOKE, RACHEL SIEGEL AND VIVIAN WANG STAFF REPORTERS
Knock on wood. As brutal as
last winter was, data from both NASA and the National Oceanic and Atmospheric Administration released this weekend indicate that 2014 was the warmest of the last 134 years. Not making any promises for this winter, but forecasts are pointing to something more tolerable than the Polar Vortex or Blizzard Nemo we’ve dealt with before.
SPORTS
In the Bulldogs’ biggest Ivy road win since 2009, the men’s basketball team thrashed Brown on the strength of doubledoubles from forward Justin Sears ’16 and guard Javier Duren ’15. PAGE 12 SPORTS
A Calhoun freshman was admitted to Yale-New Haven Hospital Monday afternoon with injuries sustained in a fall from the fourth floor of Bingham Hall, a freshman dormitory on Old Campus. University spokesman Tom Conroy confirmed in an email to the News that the Yale Police Department and New Haven EMTs responded to a 911 call shortly after 2 p.m. on Monday about a student who “had fallen from Bingham Hall.” “YPD and medical personnel arrived to find an injured student,” Conroy said. “The student was transported to Yale-New Haven Hospital, and is receiving treatment.” Yale College Dean Jonathan Holloway confirmed the incident in an email to Yale College students late Monday afternoon. According to Holloway, the student was conscious and alert when emergency responders arrived. At 2:45 p.m., a reporter for the New SEE BINGHAM PAGE 4
JAMES BADAS/CONTRIBUTING PHOTOGRAPHER
Falling oil prices recast divestment debate BY LARRY MILSTEIN STAFF REPORTER With global oil prices plummeting in recent months, environmental sustainability experts say fossil fuel divestment may now carry greater financial appeal for the University. Since University President Peter Salovey’s August announcement that Yale Corporation’s Committee on Investor Responsibility had decided against divestment from fossil fuel companies, the price of oil has dra-
matically fallen, causing the price of energy stocks to slide. Although Fossil Free Yale — a student group advocating for divestment — has relied most prominently upon the social and ethical justifications for their cause, a financial rationale to divest has gained increased relevance in past months, according to experts interviewed. Still, it appears unlikely that the recent tumult in the energy market will cause the University to reverse its decision. “With high-cost drilling projects being canceled, stock
Yale and QuestBridge deepen relationship BY TYLER FOGGATT STAFF REPORTER After admitting a record-high 40 QuestBridge students early to the class of 2019, the University continues to extend resources to QuestBridge students and strengthen its ties to the organization, in accordance with the commitments University President Peter Salovey made to the White House last year. QuestBridge is a national organization that connects high-achieving, low-income students to colleges, scholarship providers, enrichment programs and other resources. One of QuestBridge’s trademarks is the National College Match, a program that helps talented lowincome students gain admission and full-ride scholarships to selective universities like Yale, Princeton and Columbia. Students who participate in the College Match are able to rank preferences from QuestBridge’s list of partner colleges and apply to up to eight schools through a single application. The National College Match is binding, and students who “match” to the school ranked highest on their list that also wants to admit them through
the program are then promised scholarships covering 100 percent of their financial need. If a student does not match with Yale or another QuestBridge partner college, the student is then transferred to Yale’s regular decision pool, Dean of Undergraduate Admissions Jeremiah Quinlan said. He added that Yale is very enthusiastic about having deepened its partnership with QuestBridge by “matching” to more QuestBridge scholars. “It is always an incredibly strong group of applicants who apply to us through the [National College] Match, and who we consider in our regular decision round, but this year was even stronger than it has been in previous years,” Quinlan said. “So we were very excited to respond and match with 40 students, which is a significant increase over what we had done in the past.” This year’s 40 matches are a 67 percent increase from last year’s figure of 24 students. This increase is, in part, the result of a commitment University President Peter Salovey made at the White House Summit on College Opportunity last January. At the summit, Salovey committed to SEE QUESTBRIDGE PAGE 4
prices falling and demand not showing signs of responding, divestment is sounding more and more like the smart play for investors,” Brett Fleishman, a senior analyst at 350. org, an international environmental organization that advocates for divestment, wrote in an email. “The debate over fossil fuel divestment has now entered the conversations of investors who refuse to consider the moral implications of their portfolios; there is a new dynamism to the financial side of the argument.” Fleishman said that institu-
tional investors generally have a low risk tolerance, meaning that they are aiming to minimize volatility in their portfolios to invest for the long-term. He added that the dramatic drop in oil prices — over 60 percent since June — signifies volatility and the larger instability of the industry. Andrew Logan, Director of Ceres’ Oil & Gas Program, a sustainability advocacy group, said the oil industry is more vulnerable now to a price decline than it was during the previous five or 10 years. He said the industry’s reliance on
high-cost projects, including offshore drilling and tar sands oil extraction, may no longer be profitable with reduced oil prices. Unless the industry takes a different long term approach, investors have good reason to be pessimistic, he said. Logan added that the high price of oil in the past five years was built on a “fragile foundation” and on high assumptions about global demand growth. “A lot of the counterarguments against divestment were SEE OIL PAGE 6
Yale Record stages satirical Milano protest
MICHELLE LIU/CONTRIBUTING PHOTOGRAPHER
The Yale Record staged a protest calling for a second Kiko Milano store on Broadway. BY MICHELLE LIU STAFF REPORTER Roughly 20 students gathered at the corner of Broadway and York last Saturday to protest the Italian cosmetics store Kiko Milano, which opened as a part of The Shops at Yale last November. The satirical protest, organized by The Yale Record, called for Yale administrators to bring a second Kiko Milano store
to the same block on Broadway. Protesters painted “KM” onto their faces with lipstick purchased from the store, and held up signs with slogans such as “Kiko Mila-Yes!” and “What do we want? KIKO MILANO!!! When do we want it? KIKO MILANO!!!” The flyers handed out by protesters to passers-by listed nine demands, which ranged from turning Blue Jay Cleaners into a third SEE KIKO MILANO PAGE 6