August 25, 2003

Here is a sampling of links and notes about Carolina
people and programs cited recently in the media:

Current National News

Former Dot-Commers Are Adjusting, Painfully
The New York Times
In 2000, when Michael Drexler was 61, he walked away from a
40-year career in traditional advertising to join Media- smith, a
young agency that specialized in Internet ads. ....Far worse, said
Daniel Cable, an associate professor of organizational behavior at
the Keenan Flagler Business School of the University of North
Carolina, they must view their former habits as unacceptable.
"The true reality shock," he said, "comes from trying to unlearn
ways of doing things that you've been socialized into believing were
the norm."

Out of the Shadows, Hedge Funds Take a Bow
The New York Times
HEDGE funds, those lightly regulated investments for the very affluent,
have traditionally kept a low profile. But these funds are increasingly
the subject of coming-out parties. Wall Street investment banks are
sponsoring hundreds of invitation-only gatherings a year in places as
near as their own boardrooms or as far as Versailles, France, and St.
Moritz, Switzerland, to help the funds find new investors....Mark W.
Yusko, president and chief executive of the UNC Management
Company, which manages the $1.4 billion endowment of the University
of North Carolina system, said the events were "not for us a primary
screen; it's more for us a validation" of his own research.

State and Local Coverage

Duke, UNC-CH drop, NCSU rises in ranking
The News & Observer
Duke and UNC-Chapel Hill each slipped a notch while N.C. State
University climbed a bit in the U.S. News & World Report college
rankings out this week...."It doesn't matter whether we pay attention to
these things. A lot of people do," said UNC-CH Chancellor James Moeser .
He said the ranks are looked at by students and parents more than by
faculty members or potential employers.

Rankings don't tell us what we need to know (Editorial)
The Chapel Hill Herald
No one -- not administrators, not faculty, not students -- at UNC
or Duke should be bemoaning the results of the latest edition of
U.S. News and World Report's "Guide to America's Best Colleges."

2003 freshmen are full of optimism
The News & Observer
The college freshmen of 2003 -- about 10,000 of whom start classes
at Triangle campuses this week -- seem to be more optimistic, more
selfless and more tolerant than the generations that preceded them.
That's the word from the professors who teach them, from the parents
who raised them and from the students themselves....At UNC-Chapel
Hill, the incoming class's average SAT score is 1,282, up 16 points over
last year. At N.C. State University, the SAT scores are about the same
as last year's, but still high with an average of 1,192, said Tommy Griffin,
the admissions director.

UNC freshmen: Book assignment OK
The Herald-Sun
Most of the UNC freshmen who lugged belongings to their South
Campus dorms Saturday said they didn't mind their summer reading
assignment.

Welcome back to the fray (Commentary)
The News & Observer
Welcome back to school, Carolina students. "I'm a Tar Heel born,
I'm a Tar Heel bred" ... yada, yada. While you were away during the
summer, there was another flap over what incoming freshmen are
required to read. Last summer the controversy was over an Islamic
reading. This summer, conservative critics charge, the reading
assignment is an anticapitalist screed.

An early lesson in college admissions (Editorial)
The Chapel Hill News
We're sorry for Mark Edmonson that he won't be starting school
at Carolina this week, but boy are we pleased for all the other kids
who didn't get in and even more so for those who have yet to apply.

Admissions decision obviously correct (Editorial)
The Chapel Hill Herald
The case of Mark Edmonson is an object lesson in a number of
disciplines....Edmonson, of course, is the Greensboro high school student who
is suing UNC because it rescinded its offer of admission to him.
The university did so after Edmonson's grades plunged dramatically during
the latter half of his senior year, following his receipt of the letter of
acceptance.

Study: Women aren't nicer
The News & Observer
Women make better bosses -- more flexible and employee-
friendly -- right? ... The new study was co-written by a professor
at the University of North Carolina-Chapel Hill and recently presented by
the Academy of Management, a research organization based
in Briarcliff Manor, N.Y.

Issues and Trends Affecting Carolina

Parking deck showdown looms
The Herald-Sun
After a summer of negotiations, the Town Council will take
another crack Monday at deciding whether UNC's proposal
for two new parking decks and a chilled-water plant will go
ahead.

UNC modifies Cobb plan
The Chapel Hill News
University planners spent much of last week working on a new
design for a controversial chiller plant and parking deck
proposed for an area between Cobb Hall and the Old Chapel
Hill Cemetery.

Town eyes expansion of Mason Farm Road
The Chapel Hill News
On the heels of a review on development plans at the university,
the Chapel Hill Town Council on Monday is expected to name
a set of priorities for a proposed relocated and redesigned Mason
Farm Road that would run from Fordham Boulevard to South
Columbia Street.

UNC offers to improve deck access
The News & Observer
University planners propose three roads into and out of a combination
parking deck and chiller plant near the Paul Green Theatre and the Old
Chapel Hill Cemetery, a change designed to disperse traffic more
and prevent gridlock at the entrance of the Gimghoul Historic District.

Note: If you have any questions about Carolina in the News, please call Russell Campbell or Mike McFarland at News Services, (919) 962-2091 or russell_campbell@unc.edu or mike_mcfarland@unc.edu

Note: Web links on this page are time-sensitive, so stories might not be available after the day they first appeared.