Major gifts to help expand Olin Business School

Lead gifts totaling $25 million by two of Washington University in St. Louis’ most dedicated benefactors will support the university’s Olin Business School and its plans for two new innovative facilities for graduate education. The gifts — $15 million from Charles F. and Joanne Knight and $10 million from George and Carol Bauer through the Bauer Foundation — will provide the capital foundation for Olin’s second century of top-ranked undergraduate and graduate business programs, which have grown steadily since the establishment of the school in 1917.

College of Arts & Sciences’ dean search committee announced

Gary S. Wihl, PhD, dean of the faculty of Arts & Sciences, has appointed an eight-member committee to identify candidates for the position of dean of the College of Arts & Sciences. James E. McLeod, longtime dean of the College of Arts & Sciences and vice chancellor for students, died Sept. 6. Wolfram Schmidgen, PhD, associate professor of English in Arts & Sciences, has been appointed chair of the search committee.  

Career Center takes operation on the road

This winter break, the Career Center is providing all WUSTL students with several opportunities to network with industry professionals and interview for jobs and internships in cities across the country. To take advantage of these opportunities, students need to sign up or apply by Monday, Nov. 28.

‘Occupy’ protests a First Amendment balancing act

The Occupy protests present a classic First Amendment problem: balancing political dissent against government control of property. “In theory, the government has very limited authority to curb expressive activity in what the law calls ‘public forums,’” says Gregory P. Magarian, JD, constitutional law expert and professor at Washington University in St. Louis School of Law.

Football university

WUSTL international students recently learned the intracacies of Amercian football in a workshop organized by the Office of International Students and put on by Bears football player Jonathan Paramore. The main goal was to give students enough basic knowledge so they could enjoy games with their American peers.

Fannie and Freddie ‘ticking time bomb’ for U.S. economy

Fannie Mae, the biggest source of money for United States home loans, said last week it will need another $7.8 billion in federal aid following a third-quarter loss of more than $5 billion. As long as Fannie Mae and Freddie Mac are receiving subsidies, say banking experts at Washington University in St. Louis, there exists potential for another economic meltdown.

Health insurance non-benefit expenditures unnecessarily excessive

The U.S. remains on track to spend twice as much for health care as for food, yet millions are without insurance or uninsured. “Health insurance premiums also continue to rise – on average another 9 percent in 2011,” says Merton Bernstein, JD, leading health insurance expert and the Walter D. Coles Professor of Law Emeritus at Washington University in St. Louis. “Medical care costs can change direction if policy makers stop whistling past a significant contributor – non-benefit costs.”
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