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The Ticker, October 27, 1987

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The Ticker, October 27, 1987 *1932* TIle St8deats' VGice for OYer 50 Years *1987* Vol. S5 No.5 Barucll College, CUNY October 27, 19.7 ADLER DSSO·BUDOET ELECTED ..:'. '. ~ ·>·,·····-·······~···-:...Y:'···7:~··:'~:j:?~,·::~:<t~····.: ~,.~ ~::~:~~~. PASSED BY ... "'" .;:,o!" .••.• :.; .. -•.• .. - :" c' .. <.-' CHAIRPERSDN .............._".. -,..;', ::~.-· ... *-,x;. :A''';..:.:..~:.._...?~:; .. ~., ""';"~~' . BOARD ,By SUSAN ROBERTS By LINDA WEen John Adler. president of the Martial Arts Club became the se­ The Board of Directors of the cond student to be elected Bernard M. Baruch College Chairperson of the Board of Direc­ Association passed the 1987-88 Day tors of the Bernard M. Baruch Col­ Session Student Government lege Association. Inc. at the Oc­ budget at its October 8 meeting. tober 8 Board meeting. According to the minutes of the The Board of Directors is made . meeting, the budget passe.' with a up of seven students and six faculty unanimous vote of twelve in favor representatives. Adler was the" thirteem h member having left Joli. RIc Pftsidtat of die Day nominated by John Richards. presi-. before the vote was taken. Session S t Government. dent of the Day Session Student The Board must approve the allocations go to pay for the two Government and he ran against budgets of the student governments Professor Carol Seron from the before the allocations become of­ bursars the DSSG employs to pro­ cess the club vouchers that come in Department of Public Administra­ ficial. tion. The t-otal amount available to the and to pay the secretary in their of­ fice. Richards said. "It (the person­ According to the minutes of the OSSG for allocation was $73.359. nel allocation) was roughly double meeting. the vote was II for Adler. Several mandatory allocations were one for Seron. made from this fund before the that amount last year." budget was drawn up, such as Richards said, "We've allocated $5.000 for leadership training $79500 for election expenses. $4.000 Fee Increase Referendum Passes for an interim allocation. and weekend." This is a weekend trip $].400 for professional fees. that student leaders go on each year 1,298 Vote in Election- -.SS5.459 was passed as a new alloca­ which is run by the director of Stu- 1ioa_~, .~ was .Iefa, j,a..aa dent Acnvities. " . -~... .... ~- " unallocated ,reserVe.-----:-- ,--". ~'_-'~__ .; ~C:~e~ John Richards9 the presideRt. of PIlI : to . he -cOllijnlJticriiilii lit --- the DSSG said, "The iu "W3S-.nnfotbmarel:Y, .as' . _--tmetvr :.art.... bCeiCa ... aids ,Owidas _d tiMe 'SeSsIoo' -st1fCRnr. ae~ -reo ftOiIi .. everyone knows. Given that reality and program changes as well as S36.35 to SSO.OO passed by a 30 vote President Joel Segall expressed we were forced to make some ad­ other materials that come in concern over the small voter rur­ justments." margin. regularly from the clubs. Addi­ 1,298 students voted. according nout and victory margin which ap­ Richards said. HOne of our big­ tional money will make that to figures compiled by Carol Rob­ proved the referendum. He said. gest expenses is for the legal services easier.,. bins. advisor to the Student Election "The turnout was not a large program which costs S5,000...Last Review and Governance Committee number of students. about 13010 I week the attorney's time slots were (Continued on Page A JJ. Col. 3) (Continued on Page A JI. Col. 4) r--------------.-.:..----------------I and assistant director of evening ac­ think. This is certainly larger then it all taken. We've already developed tivities. The tally, 664 in favor of has been in the past though. Where a questionnaire that students fill out the increase to 634 against I can see a problem with this ap­ after meeting with the attorney to Student Company To Issue Stock represented approximately 14 per­ proval is in the very small positive see if their needs were being ~.. cent of the active Day Session margin with which it was The questionnaire was originally a Company Purpose Undecided population of 8.994 students.-Four­ approved.,. _ suggestion made during the Board teen percent of any population. not He will not decide whether or not meeting when the budget passed to jL1St Baruch's, explained Robbins, to back the fee increase until he insure that the money spent on legal By KENNETH BROWN "is a substantial number." Dr. talks to the Dean of Students. "It services was helping the students. will wait until I get the Dean of The president of Baruch's Invest­ tion." Ronald M. Aaron. associate dean According to Richards. "Our Students recommendation and pro­ ment Club will go public with his As most members of the Invest­ ofstudents, added, "The turnout is operating budget has been cut. As a bably go with his decision on it." company, Tridom, during ment Club invest in penny stocks. certainly the largest it's been for the result we've had to decrease the The president will meet with the November as expected, despite the the October 19 stock market drop last few years." Aaron added that amount allocated for stipends. the largest turnout he could Dean before the end of the week. Last year the allocation was,$7.700. October 19 stock market "crash." .of over 500 points had no effect on According to club secretary Josh them. "People already expect pen­ remember was a umail-in ballot Dr. Samuel Johnson, dean of. which represented just under 12 where about 20 percent of the percent of the operating buaget. Holzer. suspectives for Tridom will ny stocks to be more speculative Students. will recommend that the students voted." student fee be increased in line with This year the allocation was $6500 be given soon to Investment Club and to fluctuate." said Holzer. "It The results of the ballot have the approved referendum. He stated, which represents just under 9 per­ members, for the November stock (the crash) bad absolutely no effect been turned over to President Joel "We looked over the procedures cent of our operating budget. Not issue. JohnnyTse, the Investment on them (the club members)." ~ Segall by SEGRC. according to (the voting process) and everything only have we taken a drop in real Club president, will use his com­ Most stocks are issued by Robbins. the president will take this seemed on the up and up. I am .l~o1ng terms. but in absolute dollars as pany to raise capital for as yet new companies just going public. undecided purposes. said Holzer. These stocks usually appreciate very illformation and present his recom­ well. I hasten to point out that the mendation before the next CUNY (Continued on Page A JJ. -cot.s) stipends are wholly within the "In 'the meantime, it (Tridom) 'quickly after they are issued. "You guidelines set tip by the Board of will serve as a drawing pool. That can jisually make a profit im­ Directors and wholly consistent means there is no purpose in mediately of·about 25 percent to with CUNY bylaws ... »e feel that mind." he said. 100 percent-" said Holzer. "In fact. we are totally justified in our re­ Neither Holzer nor dub members I made over SI,OOO while the quest.,. know what Tse's company will yet market was crashing," He indicated Richards said, "We've earmark­ do. "After we are published we WIll that other members also did fairly ed $4.000 towards publication of .either acquire otoo companies. or weD. Members were "'looking to the yearbook so the students who merge with a larger company, or pick up options on IBM and Ford" buy the yearbook will have part of start a business of our own,n said during the &"money making time for the cost deferred." Holzer. Holzer was unable to those with money" on Tuesday. According to Richards,-"Thebig- disclose what Tse's possible plans said Holzer. gest (budget) line by far is the per­ are. "He's given slight hints but The Investment Club Was known sonnel line. This year we will be that can't be revealed at this time:' (Co1fti1fJltd on Page AJ1. Co/:3) he said. "It's not public informa- "pending over $8 9 000." Personnel * CENTERFOLD: T . "-"AS October 27, 1917 TlleTkker ....... .- .. ..- .. ~... PageAZ The Ticker . 'October i7, 1987 OP~ED"."" EDITORIALS LETTER.S PLASMA DE STIMULI/CHRISTOPHER A. WARD PRESIDENT'S RESPONSE Addressing the Real Problem DISLIKES EDITORIAL To The Eduor: Vietnam Round Two TO OPINION COLUMN - anonymously was a bad judgment. The Reporter, Baruch's evening session college newspaper has recently found itself in the midst of I was upset with the editorial in Was his life in danger? Was his job some particularly dire straits. It is common knowledge that many of the organizations involved with stu­ the October 13 issue of The Ticker, in danger? Was there any valid dent activities face difficult financial setbacks due in some respects to expansion and overspending of partly because I have a great love HIn this corner, weighing forty-five: strike unless they strike first. This tells Iran, By JOHN RICHARDS reason to protect his identity.·· To pounds, with a record of no decision what­ whenever they need or can undertake an ef­ previous semesters. Although budget cuts are by no means uncommon to other associations, according to 'and affinity for Helpline but also make matters worse he suggested The Reporter; their publication has been dealt a lethal hand. The forecast in their latest issue alluding to because I feel it was a stark soever, Bob "Allah' Islami. In the other \fective but measured offensive maneuver that the "three Chinese clubs", (he comer, weighing 265 pounds, with a record they can expect the U.S. to retaliate with an "The Reporter's Demise" defines the underlying situation and foreshadows the relevance of increased misrepresentation of the facts and got the number wrong also) should Thanks for providing me the opportunity Be that as it may, as a result of the reduc­ of five wins, one loss, one tie and countless honorable, lawful response to their attack.
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