THE Mendoza Adapts in Response to Financial Crisis
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.--------------------------- THE The Independent Newspaper Serving Notre Dame and Saint Mary's OLUME 44: ISSUE 41 THURSDAY, OCTOBER29. 2009 NDSMCOBSERVER.COM Mendoza adapts in response to financial crisis Business College expands focus on ethics in Professor founds center curricula, continues leadership programs to examine regulation What's important to us at Notre By BOB SINGER Dame is that this be viewed as a By IRENA ZAJICKOVA Assistant News Editor way of life, as a cornerstone of News Writer what a business education Amid widespread scrutiny of should be," Leo Burke, When the stock market corporate management and with Mendoza's Director of Integral began sliding in September the financial collapse in recent Leadership, said. "In the spirit of 2008, Notre Dame Finance memory, the business college is the place, through many of our professor Paul Schultz said expanding its approach to teach courses and our professors, we financial regulators took sev ing ethics, Dean of the Mendoza want to emphasize this need for eral futile measures that College of Business Carolyn Woo ethics." resulted in undesired side said. The College's MBA program effects. To prevent this from This fall, in addition to offering includes two courses in ethics, happening again, he decided more courses on ethics and con one required and one selected to create the Center for the tinuing its Executive Integral from a list of topics like market Study of Financial Leadership program, the College ing ethics, financial ethics in Regulation to examine the is hosting the annual Berges banking and global sustainability, effects of regulations and Lecture Series, which features Professor of Marketing Patrick provide input for future deci senior executives speaking about Murphy said. On the undergrad sions. their experiences in the ethical uate level, the College requires "There's a lot going on in dimensions of business. students to take a course on Observer F1le Photo financial regulation right "Some colleges have courses in The Mendoza College of Business has broadened its business ethics in their curricula. see ETHICS/page 6 ethics curricula as a consequence of the financial crisis. see CENTER/page 4 Study abroad rate ranks seventh in U.S. Lake path versation because she knows so By SARAH MERVOSH many students who are apply closed for News Writer ing. "I feel like it's just kind of • Sophomore Erin Wurst said something that everyone does. her study abroad application is It's not really an issue of it you repairs weighing on her mind more and are going abroad, it's like where more, not just because of the you are going abroad," she said. approaching deadline, but With 59.5 percent of Notre By KRISTEN DURBIN because everyone is talking Dame students earning credit News Writer about it. abroad, Notre Dame has the sev "All of my friends are apply enth-highest study abroad rate The east area of the Saint ing," she said. "Everyone is kind in the country, the 2008 Open Mary's Lake footpath was of talking about where are you Doors report said. closed Monday to allow for in your applications and what's "Our percentage is very high," functional and aesthetic your essay about because you Director of International Studies improvements on the path have to stand out to everyone Kathleen Opel said. "I would say and the surrounding else who's applying." higher than Ivy Leagues." lakeshore. Wurst, who is applying to Opel said Notre Dame has had This area, located just north study in Toledo, Spain, for a a long-term commitment to of the Grotto at the northwest year, said study abroad has intersection of Saint Mary's become a favored topic of con- see ABROAD/page 8 Road and St. Joseph Drive, has been a popular gathering spot, so heavy use coupled with erosion caused the STUDENT SENATE asphalt in the area to deterio rate, according to Daniel Younggreen, distribution supervisor for Notre Dame Ideas proposed to improve intellectual climate Utilities. "The main reason for Plato or great American replacing the path is that the By SARAH MERVOSH works," Duncan Hall senator walkway on the edge of the News Writer C.J. Kelly said. lake deteriorated due to wave Knott Hall senator Andrew action on the lake, which Senators discussed a per Bell said he had a professor caused erosion in that area," ceived lack of intellectual who came from Princeton, Younggreen said. discussion among students who said at Princeton, Notre Another factor contributing outside the classr.oom at Dame students were consid to the deterioration of the Notre Dame, as compared to ered inferior in their ability path is that the area was pre peer institutions, and dis to have intellectual discus viously coated with three-inch cussed suggestions for sion. diameter field stones, and improvement at the Student "But we were really good at people most likely threw Senate meeting Wednesday. taking notes and taking many of these stones into the "We can talk about sports, tests," Bell said. "It sort of lake. The gradual loss of field our internships, our study offended me at first, but it stone in the area led to fur abroad programs and the got us thinking. What do peo ther erosion of the shoreline. jobs we want to pursue later ple say about us and how can QUENTIN STENGER I The Observer Younggreen also noted safe- in life at lunch at dinner Senate leadership fields suggestions for ways to time, but we don't talk about see SENATE/page 6 enhance intellectual discussion among students. see LAKE/ page 8 INSIDE TODAY'S PAPER CCAC meeting page 3 • Paranormal Activity review page 12 • Men's soccer falls to MSU page 24 • Viewpoint page 10 page 2 The Observer+ PAGE 2 Thursday, October 29, 2009 INSIDE COLUMN QUESTION OF THE DAY: WHAT IS YOUR FAVORITE KIND OF HALLOWEEN CANOY? No hope for Ohio sports As a general rule, I like to remain opti mistic in life. However, when it comes to my sports teams, that is downright near impos Catie Baransky Mairin Talerico Mike Petravick Spencer Bruce Nick Berlin Cailin Ann Connolly sible for me, especially now. That is because I am an Ohio sports fan, not freshman freshman freshman freshman senior sophomore including Oncinnati, Lewis Lewis Duncan Morissey off-campus Lewis which I don't consider part of Ohio anyway. ,, ,, Growing up in "Kit Kat.,, "The Reeses "Dots." "Any King size "Milk Duds. "Candy Corn. Columbus, I have pumpkin.'' candy bar. ,, been a die-hard Ohio sports fan for my entire life (and yes, I still have some affinity to THE Ohio State University) but I Chris Michalski can't remember a time when my teams Sports were this bad. Production Let's start with the Editor Have an idea for Question of the Day? E-mail [email protected] NFL, where the Oeveland Browns have once again fallen to the bottom of the standings and show no signs of improving. IN BRIEF Even the beloved Brady Quinn couldn't save the abysmal Browns and has now sold The Kroc Institute for his house and will likely be traded. What's International Peace Studies is most depressing that the other guy, Derek hosting a panel discussion on Anderson, is even worse. Silver lining: he "Globalization, Social actually won a game. Unfortunately for Movements & Peacebuilding" hnn, though, going 2-for-17 with 23 passing today at 4 p.m. in 104 McKenna yards and an astounding 15.1 passer rating Hall. actually doesn't normally get you a win, go figure. The Gender Relations Center The front office attributes much of the is hosting "Sex Signals," an struggles to sickness and injury, with the flu improvisational two-person play, bug running through the team almost as in the Jordan Auditorium of the well as opposing offenses through their Mendoza College of Business porous defense. I'm no doctor but I do today at 7 p.m. The play offers know what makes me sick: watching the an irreverent take on dating, but Browns try to run an offense. Knowing is meant to provoke serious dis that, I'm not surprised that over a quarter cussion about sexual violence. of the team missed practice this last week due to illness. The Society for Women And then we have MLB's farm team, the Engineers will sponsor the Oeveland Indians. With the Tribe being Trick-or-SWEet 5K Run/Walk eliminated from playoff contention in late today at 7 p.m. The race fee is April, I haven't had much to watch as far as $10 and benefits the Miss Wizard baseball goes. I didn't even notice that they Day Charity. Prizes will be almost fell below the Kansas City Royals. MAGGIE O'BRIEN/The Observer awarded to the winner and per That being said, I was glad to see the Band members, who will be in San Antonio during Halloween, dressed up on son wearing the best costume. Indian's all-star team play this October. Too Wednesday as characters from the "Wizard of Oz." bad the Dodgers' ex-Indians Jim Thome, Friday is the last day to drop a Ronnie Belliard, Casey Blake, and Manny course. More information is Ramirez couldn't take down the defending available online at champs, the Philadelphia Phillies. But wait, http://www.registrar.nd.edu that's okay because manager Charlie Manuel will represent the Tribe (it's been a OFFBEAT The Notre Dame Men's while but I still remember him). And then of Hockey team will play Ohio State course the World Series features the Too fat to kill? Fla.