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Western Carolinian Volume 64 (65) Number 08
Item
Item’s are ‘child’ level descriptions to ‘parent’ objects, (e.g. one page of a whole book).
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2 Carolinian NEWS October 6,1999 September 27 At 2:39 p.m., officers assisted WCU EMS with a staff member who had a severe asthma attack at Dodson Cafeteria. I At 3:30 p.m., officers assisted with a report of a cat inside a furniture storage room in Hoey. No contact with the cat. At midnight, a student in Leatherwood reported that he had been threatened by a male non-student. Officers attempted to locate the subject, but it appears that he had left campus. September 28 In District Court in Sylva, charges were dismissed against a former head resident on payment of restitution to the victim as a part of a plea bargaining arrangement between the District Attorney and the defendant's attorney. At 7:07 p.m., a female student reported that her $60 in cash and a personal check had been stolen from her back pack after it was left at the University Center between 1:30 p.m. and 7:07 p.m. At 9:45 p.m., officers reported that an Aramark employee was struck by a vehicle and injured while riding a bicycle near the bridge on NC 1002 in Cullowhee. September 29 At 1:00 p.m., a student reported that he had been threatened by other persons who live near him off campus. The information report was filed and he was referred to the Sheriff's Department. At 3:35 p.m., a student reported that someone had stolen his shorts, wallet and keys from the mens locker room in Reid Gym. Investigation is continuing. September 30 On 9/27 at 6:15 p.m., a student reported that a basketball he had signed out at Reid Gym had been stolen along with ten dollars from his wallet. At 5:00 p.m., officers filed a report on several incidents of confrontive behavior committed by a student and referred the matter to Student Affairs. October 1-3 At 9:45 p.m. on 9/30, officers investigated a traffic accident where a pedestrian walked in front of a car at the crosswalk on Centennial Drive at Dodson. No injuries resulted. The pedestrian, a male visitor, was intoxicated. At 9:35 p.m. on 10/1, officers received information that a male WCU student may have run away with a 17 year old female he met on the Internet in Indiana. The investigation is continuing. At 2:30 a.m. on 10/2, a male and female student reported that they were sprayed with a liquid from a window in Benton Hall. The investigation is continuing. At 8:05 p.m. on 10/3, a detective from Wake County asked officers to check a room in Harrill to see if a 17 year old male who had been reported as a runaway was there. Officers found the subject there and asked that he call his parents. No papers were filed in Wake County to hold him. Quinn Speaks on Personal Finance by Jeffrey Sykes Asst. News Editor As part of the Chancellor's Speaker Series, columnist Jane Bryant Quinn spoke Monday night in the Ramsey Center to an attentive crowd eager to make the most of her economic advice. Quinn is the author of two books on personal finance, "Making the Most of Your Money" and "A Hole in the Market," which examines the effect of Generation X on the American economy. Her column is syndicated in 250 newspapers, Newsweek, and Good Housekeeping. The topic of her address was "Fast Economy, Fast Money: How to Invest and Control Your Risks in Markets That Are Off the Charts." Quinn's address was lively and full of advice peppered with a smattering of one-liners. "The chief function of economists is to make astrology look respectable," quipped Quinn to the delight of the many business professors and students in attendance. "This is an amazing time to talk about investments, though the future is unknowable," she added. Quinn spoke of the seemingly unstoppable growth of the American economy. She pointed out that the risks in the current economic environment include personal and institutional debt, high interest rates and the risky investment policies of many banks. She next spoke on the effects of e-com- merce on regular business. Quinn stated that e-commerce was healthy for the consumer, as it drove prices down by forcing local retailers to cut prices to meet the competition of the internet. On the topic of US trade deficit, she explained that an imbalance of imports ATTENTION ALUMNI OF The National Young Leaders Conference, Washington, DC -or- The National Youth Leadership Forums on Law, Medicine or Defense If you are a first or second year student, there is a prestigious on- campus leadership opportunity we have been asked to discuss with you. Please call Toll Free at 1 -877-282-4952 no later than OCtODer 1 3th and ask to speak with one of the program co-founders: Barbara or Richard would eventually turn in favor of American manufacturers. "As [emerging economies] grow, we can export more," Quinn stated. She next dispelled fears investors might have concerning Y2K and the economy. Many distributors are stockpiling goods in advance of Y2K fears. This was the impetus behind the economic boom in the third quarter of this year, she stated. The Federal Reserve Bank has amassed $50 billion in cash reserves, mutual funds are raising cash for anticipated Y2K redemptions, and many money managers are exhibiting liquidity trends because they are unsure about investor reactions to Y2K, Quinn explained. "The moment investors decide the world is not coming to an end, there will be an opportunity for a stock market boom," Quinn stated. "Good investors always keep a part of their money safe," she added. As for the recent currency crises overseas in Asia, Latin America, and now Russia, Quinn stated that these usually mean growth in US stocks, as money freed up to ease these crises usually finds its way to the American stock market. Next, Quinn turned to address personal financial issues. Her first advice was for young people to invest in stocks exclusively, easing into bonds as they close in on retirement. "You cannot afford to live on wishful thinking," Quinn stated. "You are responsible for saving yourself. The economy and investments do not greatly respect our wishes. They lead, we follow." Quinn, explained that Generation X was relatively small in size, compared with the Baby Boomers and their children, the Millennium Generation. "As new workers coming into the work force, you are in great demand," Quinn stated. She went on to explain that today's students could expect higher levels of entry pay, faster advancement, and higher income potentials than the generations on either side of Generation X. Quinn's plan for investment success is to split your money into short-term, hedge, and long-term money. "Short-term money is for immediate needs. Good financial management secures your short-term obligations," stated Quinn. Hedge money is to "bullet proof your standard of living," while long-term investments are such things as retirement and saving for college tuition for children. Diversification is important in long- term investments, according to Quinn. "There is no known system that beats the market every time," she said. "The more important the money is to you, the more important it is to diversify."
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The Western Carolinian is Western Carolina University's student-run newspaper. The paper was published as the Cullowhee Yodel from 1924 to 1931 before changing its name to The Western Carolinian in 1933.
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