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In baccalaureate speech, longtime Obama aide Chris Lu '88 discusses U. education as an "inheritance"

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In baccalaureate speech, longtime Obama aide Chris Lu '88 discusses U. education as an "inheritance"

Jacob Donnelly

Receiving a Princeton education makes one privileged, even if that person was not privileged before, Christopher Lu ’88, Deputy Secretary of the Department of Labor and former White House Cabinet Secretary, told the Class of 2014 in his Baccalaureate addresson Sunday,titled “The Inheritance of a Princeton Education.” After one has received this inheritance, Lu said, one should give back to society. “Your education is your inheritance,” Lu said.

NEWS | 06/01/2014

At reunions panel, alumni discuss service in light of Princeton's unofficial motto

The Daily Princetonian

At reunions panel, alumni discuss service in light of Princeton's unofficial motto

Ruby Shao

Anthropology professor João Biehl noted the importance of recognizing recipients of aid as dynamic individuals while moderating the Friday panel “Princeton Alumni in the Service of All Nations.” “If we work with people on an everyday basis, we understand them as much more complex beings,” he said.

NEWS | 05/30/2014

Future bankers learn how to "get around every rule" at Princeton, says Volcker '49

The Daily Princetonian

Future bankers learn how to "get around every rule" at Princeton, says Volcker '49

Jacob Donnelly

The compensation system gives too much incentive for bankers to take risks, and the University has promoted the view that the markets generally take care of themselves, Paul Volcker ’49, former chairman of the Federal Reserve, said in a panel discussion on Friday. "We have a department at this great University ... teaching people how to get around every rule you can conceive of to make big bonuses at big banks," Volcker said, referring to the Operations Research and Financial Engineering department. Richard Herring GS ’73, professor of international banking at the University of Pennsylvania's Wharton School, said governments typically bail out banks for one of four reasons: they are too big, they are important to key markets, they are interconnected with other important financial institutions or they're complex.

NEWS | 05/30/2014

In surprise event, Flo Rida performs at Princeton reunions

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In surprise event, Flo Rida performs at Princeton reunions

Angela Wang

Flo Rida, a hip-hop artist, performed at the 25th reunion tent in Whitman College on Thursday night, a concert that was initially restricted to Class of 1989 guests but was eventually opened to all Reunions attendees. The decision to open up the concert was a “class decision,” according to a source familiar with the situation. Multiple members of the Class of 1989 told The Daily Princetonian earlier on Thursday evening that Flo Rida was expected to perform. The concert took place on early in the Reunions schedule, on a day when most attendees have yet to arrive on campus.Entertainment chair for the 25th reunion Stephen Consentino ’89 explained that this was due to the artist's schedule, who was unavailable any other day. One of Flo Rida’s most famous songs is “Low,” featuring T-Pain, which became popular around 2008.

NEWS | 05/30/2014
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Alumni entrepreneurs discuss most promising investment opportunities

The Daily Princetonian

Alumni entrepreneurs discuss most promising investment opportunities

Jacob Donnelly

The world’s 25 fastest markets account for only 0.4 percent of market capitalization in the world’s stock markets, but also make up 30 percent of the world’s population, Thanassis Mazarakis ’84, COO of Southern Star and former president of Chase Merchant Services, said in a panel discussion Friday about the best investment opportunities.

NEWS | 05/30/2014

Q&A: Former Federal Reserve chairman Paul Volcker '49

The Daily Princetonian

Q&A: Former Federal Reserve chairman Paul Volcker '49

Jacob Donnelly

The Daily Princetonian spoke to former chairman of the Federal Reserve Paul Volcker '49 following a panel discussion in which he participated, titled "Are financial institutions too big or too big to fail?" At the panel, Volcker criticized universities like Princeton for allegedly teaching students how to cheat the financial system. The Daily Princetonian: Do you think the Federal Reserve went far enough in stabilizing the banking system? Paul Volcker ’49: No, I'm not going to answer a question like that. DP: Pretty recently, some economists have suggested that the central bankers took [the threat of] inflation too seriously. PV: I'll give you a simple answer.

NEWS | 05/30/2014

Princeton holds dialogues on mental health following lawsuit, op-eds

The Daily Princetonian

Princeton holds dialogues on mental health following lawsuit, op-eds

Jacob Donnelly

Following a lawsuit and an outpour of op-eds in The Daily Princetonian, University mental health policy has been at the forefront of campus conversation, prompting administrators to hold dialogues to hear students’ concerns and, in some, cases consider reform. In March, a student filed a lawsuit in federal court against the University alleging that it had engaged in discrimination when handling a case of attempted suicide. In April, a student published an anonymous op-ed in The Daily Princetonian criticizing the administration’s practice of demanding detailed medical records from students who have taken time off for mental health reasons. “If I ever want to return to Princeton as a student, I will have to ‘voluntarily’ waive my right to doctor-patient confidentiality by signing … two forms,” the student wrote.

NEWS | 05/28/2014

TI elects new officers post 21 Club scandal

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TI elects new officers post 21 Club scandal

Lorenzo Quiogue

Tiger Inn elected four new officers on March 31 after all but two officers resigned earlier that month following a party, deemed unauthorized, of the heavy-drinking group called the 21 Club. The elections came after what was officially called a “security breach” at the club on March 9, according to an email obtained by The Daily Princetonian that was sent to members by the club’s graduate board president Robert “Hap” Cooper ’82. Former president Ryan Cash ’15, house manager Dror Liebenthal ’15, treasurer Will Siroky ’15 and safety czar Victoria Majchrzak ’15 offered their resignations to the club’s graduate board of governors after the incident. Oliver Bennett ’15, the vice president prior to the incident, was elected president.

NEWS | 05/28/2014

At Columbia, suit alleges sexual assault investigation discriminated against male student

The Daily Princetonian

At Columbia, suit alleges sexual assault investigation discriminated against male student

Daily Princetonian Staff and Anna Windemuth

Amid a backdrop of intense activism, a male Columbia student is retaliating in federal court against an internal disciplinary conviction of sexual assault. The student, who is only identified as John Doe in the suit filed Monday, alleges that Columbia administrators sought to make an example out of his case, that his rights under Title IX were violated and that administrators succumbed to external pressures from student activists in determining his guilt.

NEWS | 05/19/2014

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