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MIT's The Weather Oldest and Largest Today: Light rain, 56°F (13°C) Tonight: Rainy, windy, 44°F (70C) Newspaper _..:;::t.- Tomorrow: Cloudy, wann, 63°F (17°C) Details, Page 2 Volume 122, Number 22 Cambridge, Massachusetts 02139 Tuesday, April 30, 2002 MIT, Hanrard Fac1ilty Petition Universities' Israel Investments By Vicky Hsu lar petition submitted to the admin- "insane. " STAFF REPORTER istration of Princeton University on "This is basically shooting at the Members of the MIT and Har- , April 18, said Professor of Brain wrong target," he said. "Many of us vard University faculties are peti- and Cognitive Sciences Nancy Kan- are not happy with the policies of tioning both universities to stop wisher '80. Kanwisher is coordinat- the state of Israel, but I don't see investing in U.S. companies that ing the joint effort between the ,uni- why we would punish the workers, currently invest in Israel. versities. firms, and scientists who do Their proposal- calls for the ")'he conditions are very reason- research in Israel. This is avery, removal of financial support for able, and are ones that any law very stupid reaction that makes no Israel by the universities until Israel abiding state should follow," Kan- sense. I wish the U.S. government "withdraws aU forces and vacates wisher said. "The divesting num- would do more, and put more pres- all existing settlements in the occu- bers are going to be substantial for sure' on Israel, but this is the wrong pied territories, ends legal torture, MIT and Harvard, but if there exists way to go about it." ..aDd either allows refugees to return a cost for supporting human rights, Institute Professor Noam A . to their homeland or compensate I am fine with that." Chomsky said that "It is really the them' for their losses." United S~ates and Israel versus ,To date 32 MIT faculty mem- Faculty opinions differ Palestine. The ratio of the amount bers and about 12 Harvard faculty Professor Olivier Blanchard, of U.S. aid to Israel and to Palestine members hl!ve signed the joint peti- head of the Department of Eco- tion, which is modeled after asimi- nomics, ,called the campaign Divestment, Page 8 Posing-as Reporter for Crimson, , MIT Junio};~;RecoversBeaver,-..~ "'...~ ~. Paw 'By Dan Cho ~1' ~hich point he fled. He took the paw said. "You don't raise an army to go WAN }VSOF WAN MORSHIDI-THE TECH STAFF REPORTER . y back to his brother's apartment in over there and attack these guys. Mark McGrath of Sugar Ray performs Saturday night in Johnson as The paw of Tim the Be'aye.r, Central Square.' Clearly a little more finesse was in part of the Spring Weekend festivities. stoien in Harvard on March 17,was' ~ ~'Fries decided to reclaim the mas- order." brought back to MIT last Thursday. cot's foot after readIng about a failed After learning about, Creighton's by John A. Fries '03, a stugent in -- 'mission to storm a Harvard student's expedition, Fries phoned Harvard stu- Spring Concert, Junoon Course XVIII'(Mathematics). dormitory room and retrieve the paw, dent Paul Gilligan' on Wednesday Posing as a reporter for The Har:... led by Rhett Creighton '02. afternoon, telling the freshman that yard Crimson, Fries, tricked the "It really seewed that Rhett had. he was a reporter from the Crimson. Play to Capacity Crowds ~eves into hl!ll~g ~ the paw~ at made 'some strat.egic errors," Fries Fries said,Gilligan and his roommates were enticed by Fries' promises of By Christine R. Fry Majumdar said that Johnson was campus-wide fame and agreed to an ASSOCIATE NEWS EDrrOR filled to capacity. interview with him. Spring Weekend 2002 was a "The capacity for Johnson was "They basically went wild about melange of sold-out crowds and 3,000. We tried to situate the stage so that," Fries said. "They loved it." below expectation attendance. Over- that it had a more filled look to it," he With a notebook and disposable all, the event organizers were happy said. camera, Fries traveled Thursday to with outcomes of their diligent plan- Daniel B. Jonas '02, also a con- , Holworthy Hall, the dormitory where ning, but each could see room for cert co-chair, said that the Spin Doc- the paw was being kept. Fries also improvement for next year. tors' tour manage~' was ':very purchased a Harvard t-shirt to further impressed" by the MIT concert .. corroborate his false identity. Spring Concert successful "The fact that Mark McGrath The Spin Doctors and Sugar Ray, [lead singer of Sugar Ray] jumped Outnumber~d Fries bides time, the two bands featured at the Spring off the stage and went into the crowd Fries said approximately 12 Har- W~ekend concert on Friday night, meant that he thought the show was vard students were waiting for him in played to a sold-out crowd in John- going well," Jonas said. the Holworthy Hall room, including son Athletic Center. The concert co- Sam Kwei 'OS, a concert-goer, Gilligan and the student who alleged- chairs both agreed that the concert called it a "very lively concert." ly took the paw. Fries had initially was "fantastic." "It was a little crazier than I planned to grab the paw and run from ,"We've had a very tight-knit thought," Kwei said. He also pointed the building as soon as he saw it; but group of people w~rking on this since out that the sound-quality in Johnson he was unprepared for the number of November. It seemed that by 7 p.m. was substandard. students who showed up to take part on Friday night, everything came "I thought the location could have in the interview. together. Everything seemed to go been better., The acoustic environ- Fries began taking photos and completely as planned. We didn't get ment in Johnson isn't as conducive to very many curve balls,"'said Co- Paw, Page 7 C~air Devdoot Majumdar '04. Spring Weekend, Page 11 MIT Almnnus,- Nobel Prize Wmner Merton 'DiscuSses Use of Derivatives for Markets By Brlan'Loux Sloan School of Management until crowd. NEWSEDrrOR 1988. ' Nobel Laureate Robert C. Mer- "I was pleased to ~ee th~t 'I Enron failed to manage pensions -ton PhD '7{r discussed future uses could find 10-250 without any Merton's talk was heavily techni- of ,financial derivatives Monday help," he said. cal, focusing almost entirely on future night in 10-250. , "Merton laid the foundation of uses of derivatives in markets. l:he Harvard professor of eco- the rapid growth of derivative mar- In finance, derivatives are essen- nomics returned to MIT after a kets in the past 10 years," said tially contracts requiring the seller to WAN YUSOF WAN MORSlllDl-THE TECH long absence, receiving his PhD in Undergraduate Economics Associ- pay a certain amount of money, based John A. Fries '03,wears Tim the Beaver~s paw, which he recovered economics at M~T and then serv- ation ,Treasurer Jason R. Broeder from a Harvard dormitory by posing,as a Harvard C'rJmson reporter. ing' on the Finance facuIty at the '02, who introduced him to the Merton, Page 18 Dramashop's production of One Comics .oPINION World & Nation .. ~ ' 2 Flea Spare opens Thursday. Akshay Patil shares his wisdom Opinion 4 on the art and science of snag- Arts 6 ging free t-shirts. On the Town .11 Events Calendar .19 Page 9 Page 13 Page 5 Page 2 THE TECH April 30, 2002 WORLD & NATION Arafat Stays in Compound As Deal Being Implemented ~raclRemliaresbySenmmg l.OS ANGEl.ES TIMES RAMALLAH, WEST BANK Tanks,. Gunships Into Israel said Monday that, after weeks of confinement, Yasser Hebron Arafat is free to "go where he chooses," but the Palestinian leader By Doug Struck to stay," he said. "We went there to enter the guarded enclave and ran remained in his battered compound as elements of the deal for his and John Lancaster damage the terror infrastructure anct shooting from house to house, release fell into place. THE WASHINGTON POST to leave." Unlike Israeli raids into killing a 5-year-old girl, a mother in "We have guarantees that the siege on President Arafat will be HEBRON, WEST BANK other West Bank towns, Monday's her bed and two men. lifted, and that he will be able to leave the country and return at any Israel sent dozens of tanks, assault did not inflict heavy damage. "If it hadn't been for Adora, we time," said Yasser Abed Rabbo, minister of information in the Pales- troops, helicopter gunships and on Hebron, and Palestinian police wouldn't have done anything in tinian Authority. Israel has restricted Arafat's movements since armored personnel carriers into this did not fight the Israelis, as they had Hebron," said the deputy comman- December and has confined him to his offices for four weeks. West Bank city before dawn Mon- done elsewhere. der of the Israeli operation, Col. Expectations for Arafat's imminent departure came as a large day in another thrust against Pales- In Ramallah, Israeli tanks contin- . Moshe Hager Lau. Hebron had been force of Israeli troops, backed with nearly two dozen tanks, rolled tinian militants, killing at least nine ued to surround the compound of relatively quiet, and was the only into the West Bank city of Hebron and as a standoff continued at the people and arresting dozens. Israel Palestinian leader Yasser Arafat as major city excluded from Israel's Church of the Nativity in Bethlehem: where an estimated 180 mili- said the raid was in retaliation for preparations were made to end the military charge into the West Bank tants and civilians have been holed up for a month.