Maine Campus October 31 2016 Maine Campus Staff
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The University of Maine DigitalCommons@UMaine Maine Campus Archives University of Maine Publications Fall 10-31-2016 Maine Campus October 31 2016 Maine Campus Staff Follow this and additional works at: https://digitalcommons.library.umaine.edu/mainecampus Repository Citation Staff, Maine Campus, "Maine Campus October 31 2016" (2016). Maine Campus Archives. 5256. https://digitalcommons.library.umaine.edu/mainecampus/5256 This Other is brought to you for free and open access by DigitalCommons@UMaine. It has been accepted for inclusion in Maine Campus Archives by an authorized administrator of DigitalCommons@UMaine. For more information, please contact [email protected]. FREE Monday, October 31, 2016 mainecampus.com The MaineTe University of Maine studentCampus newspaper since 1875 Vol. 135, No. 8 Sports Culture Opinion Women’s Basketball wins exibition game. B1 “Zombies” return to old stomping grounds. A12 Natural disasters deserve more complete coverage. A6 Accounting and Finance alumnus Gerard Cassidy speaks at SPIFFY Gerard Cassidy speaks to the Student Portfolio Investment Fund (SPIFFY) on Oct. 26. Robin Pelkey, Staff. Jack Barber to invest in. sidy donated to the Maine have soft skills such as writ- ture, Cassidy said. fnd someone from SPIFFY Contributor His research led to the Business School. ing, math and teamwork. Cassidy also touched upon in here [Capital Investments development of the Texas Students involved in He suggested only investing the relationship between Lab] working on something. On Oct. 26, Gerard Cas- Ratio. The Texas Ratio was SPIFFY have a portion of what one can afford to lose the Wells Fargo scandal and This is all real world experi- sidy addressed the weekly originally applied during the the University’s endowment and following the trends of the health of the banking in- ence, we’re using real mon- Student Portfolio Investment 1980s oil bust, but is still money to invest. Investments industries. dustry as a whole. Cassidy ey, it’s all student run. The Fund (SPIFFY) meeting widely used today to predict are made based on group- During the ques- claimed the scandal would experience you get from it in Donald P. Corbett Hall likelihood of a loan failure. wide efforts in research, with tion-and-answer portion not be a huge hit to the mar- you can’t get in a classroom,” (DPC) 115. SPIFFY is an ex- Cassidy received a bach- members ultimately vot- of his discussion, Cassidy ket. The health of the banking Sementelli said. tracurricular group that gives elor’s degree in accounting ing on plans pitched during weighed in on the outcome industry would depend on the Sementelli explained how University of Maine students and fnance from the Uni- weekly meetings. UMa- of the 2016 presidential decisions of the Federal Re- pivotal Cassidy’s donation of the opportunity to get real versity of Maine and a mas- ine’s SPIFFY started with election and its effect on the serve. The Federal Reserve the Capital Investments Lab world investment experience. ter’s degree in business ad- $200,000 to invest in 1993. stock market. He attempted is a non-governmental insti- was to SPIFFY’s operation. Gerard Cassidy, a UMa- ministration from St. John’s Today SPIFFY is worth just to remain neutral while still tution that enacts monetary The lab provides student in- ine alumnus, is the director University. His insights on over $2.3 million. keeping investors’ best in- policy. It is monitored by vestors with nine monitors of equity research at Tucker markets are often featured Cassidy gave a summa- terests in mind, explaining congress and board members that stream Bloomberg data, Anthony Sutro Capital Mar- in mainstream media outlets ry of his background in in- that some of the taxes Trump are chosen by the president. which research and invest- kets, a subsidiary of the Roy- such as Forbes Magazine and vestment with stories about wants to lower may allow for Anthony Sementelli, a ment pitches are based on. al Bank of Canada. Cassidy The New York Times. hard work and humility. He more corporations to produce fnance student and co-pres- “I’m not really sure how travels to frms to present his Most of SPIFFY’s opera- stressed the importance of products in the U.S. This in- ident of SPIFFY, discussed they did it before they had research to fund managers. tions occur inside UMaine’s being passionate, even when crease in U.S manufacturing the advantages of member- this room, because it’s all This research aids fund man- state-of-the-art Capital In- the job becomes strenuous. could provide more invest- ship. we’ve known,” Sementelli agers in deciding what stocks vestments Lab, which Cas- Cassidy urged students to ment opportunities in the fu- “On any given day, you’ll said. UMaine climate Dr. Amy Fried discusses scientist passes implications of ranked- away in Antarctic choice voting Ryan Cox “An Act to Establish Ranked- neth M. Curtis in 1966. If snowmobile accident Contributor Choice Voting,” will appear Question 5 passes, Maine cit- on the ballot as follows: “Do izens would use RCV to vote Nadia Rashed rapid outlet glacier fow in vice expedition across Ant- Political Science professor you want to allow voters to for Governor, the U.S. Senate Contributor Greenland, ice-ocean interac- arctica. They both joined on Amy Fried held an open lec- rank their choices of candi- and House of Representatives tions in Greenland, subglacial at UMaine in 2000. ture to discuss what will ap- dates in elections for U.S. and the Maine Senate and Gordon Hamilton, 50, foods and their effect on Ant- Mayewski said sea level pear on the ballot as Question Senate, Congress, Governor, House of Representatives. passed away Saturday, Oct. arctic outlet glacier fow and rise was Hamilton’s specialty 5, along with the rest of the State Senate, and State Repre- While certain cities, such as 22, in a snowmobile accident spatial and secular patterns in and that he spoke to the me- Maine’s 2016 statewide bal- sentative, and to have ballots Portland, already use RCV while conducting research polar snow accumulation. dia often as a spokesperson lot, as part of the University counted at the state level in today, if Question 5 passes, on White Island in The Ross Hamilton hit a crevasse for climate change and sea of Maine’s Socialist-Marxist multiple rounds in which last- Maine would be the frst state Archipelago in Antarctica. in an ice sheet on his snow- level rise. Studies fall lecture series. The place candidates are eliminat- to adopt the system statewide. Hamilton had been conduct- mobile and died after falling Mayewski described event occurred on Wednesday, ed until a candidate wins by Currently, the Maine Con- ing research in this region 100 feet according to the Na- Hamilton as a professional Oct. 26 in the Bangor Room majority?” stitution strictly defnes that for many seasons prior to his tional Science Foundation, who made those around him of the Memorial Union, from Ranked-Choice Voting a candidate needs to reach a death. for whom he was conducting better. 12:30 to 1:50 p.m. (RCV), also known as In- plurality of votes, not a ma- Hamilton was a profes- research at the time of his “Whenever he [Hamilton] Fried is chair of the De- stant-Runoff Voting, is the jority of votes, to be deter- sor for the School of Earth death. would walk in the room, it partment of Political Science proposed solution to the mined the winner. This means and Climate Sciences at the The National Science was clear that the room would at the University of Maine, “spoiler effect” commonly the candidate with the largest University of Maine and a Foundation coordinates all lighten,” Mayewski said. focusing her studies on the seen in Maine state elections, number of votes, not neces- researcher with the Climate U.S. research on the south- “He had a great sense of historical and political effect where one candidate would sarily the one with an absolute Change Institute. He was also ernmost continent through humor and was the type of of public opinion in the Unit- win, despite not earning the majority. a physical glaciologist inter- the Antarctic Program. man that made people feel ed States. 50% majority of the vote, due After the explanation of ested in the dynamics of gla- Dr. Paul Mayewski, good. He was a very ac- “Question 5 is different to votes being split between the voting system, Fried de- ciers and ice sheets and how the director of the Climate claimed scientist and expe- from the other referenda on two or more opposing candi- scribed its potential benefts. they interact with the climate Change Institute at UMaine, rienced feld worker, which the ballot,” Fried said. “Be- dates. “Research seems to show system. was Hamilton’s fellow re- is why this is so tragic. The cause it’s not just about the The last time a Maine gu- that yes, you do have more Some of Hamilton’s in- searcher and colleague. The work we do is dangerous regular policy, it’s really about bernatorial election was won civility in elections and less tricate research included two professionals met while the process of voting.” by a majority of votes in their dynamics and kinematics of Mayewski was leading a ser- See Hamilton on A2 Maine’s Question 5, titled frst term of offce was Ken- See RCV on A2 Tuesday High: 50° Wednesday High: 55° Thursday High: 53° Friday High: 49° Saturday High: 49° Sunday High: 46° Low: 38° Low: 40° Low: 40° Low: 30° Low: 36° Low: 33° Police Beat - A3 Opinion - A6 Diversions - A8 Reviews - A11 Culture - A12 Sports - B1 A2 • News Te Maine Campus Monday, October 31, 2016 RCV Hamilton a caring mentor and well- from A1 from A1 known teacher to undergrad- uate and graduate students,” Hunter said in a statement.