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Carnegie Mellon Clips

September 23, 2005

This internal publication contains information about recent coverage of Carnegie Mellon that appeared primarily in national newspapers, magazines and online publications. Please note that some sources may require registration or a subscription in order to access their information online.

Please send comments and suggestions to thomas@cmu.edu
The media coverage archive is available at www.cmu.edu/clips


From September 16-22, Carnegie Mellon Media Relations counted 106 references to the university in worldwide publications. Here is a sample.

Contents:

Special Coverage: Business School Rankings

Business Schools: Recruiters' top picks
Carnegie Mellon University (Tepper)

The Wall Street Journal | September 21

Back on top
The Wall Street Journal | September 21

Carnegie Mellon business school
is ranked No. 3 in nation

Pittsburgh Post-Gazette | September 21

National News Stories

The end of the word as we know it
Newsweek | September 26

Bye-bye boomers?
The Wall Street Journal | September 20

Taking our chances
Fortune | September 19

IMF's clout and relevance wane
as nations turn to other lenders

Bloomberg News | September 19

:-) changed the way we express emotion
Rochester Democrat and Chronicle | September 18

Student Experience

For Evan Cummings, 22,
obstacles present opportunity

Rochester Democrat and Chronicle | September 18

Arts and Humanities

For costume designer,
it's a celebration of self expression

Pittsburgh Tribune-Review | September 22

Book fair set Saturday
Pittsburgh Tribune-Review | September 21

Hunt Institute exhibit plucks
botanical artists from obscurity

Pittsburgh Tribune-Review | September 18

Information Technology

Carnegie Mellon's robotic Hummer
flips in Nevada practice

Pittsburgh Post-Gazette | September 21

American robots face
spirited competition abroad

Pittsburgh Post-Gazette | September 19

Environment

Phase I of Nine Mile Run
restoration project finished

Pittsburgh Post-Gazette | September 15

Local News Stories

Allegheny County property
assessments to rise 5.8%

Pittsburgh Post-Gazette | September 21

Fearing inflation, Fed raises key rate
Pittsburgh Post-Gazette | September 21

Second Act: FreeMarkets founder
Glen Meakem contemplates future in politics

Pittsburgh Tribune-Review | September 18

Candidates seek new Downtown plan
Pittsburgh Tribune-Review | September 16

International News Stories

Wanted: psychopaths
to play the stock market

TimesOnline | September 19

 

Articles:

Special Coverage: Business School Rankings

Business Schools: Recruiters' top picks
Carnegie Mellon University (Tepper)

The Wall Street Journal | September 21
With the longtime motto "bringing science to the study of business," Carnegie Mellon's M.B.A. program focuses on quantitative decision-making skills and enjoys a sterling reputation for teaching information technology and operations management. Founded in 1949, it says it was the first business school to use computers for research and teaching -- an IBM 650 in 1955 -- and the first to create a wireless computing environment. Carnegie Mellon calls itself the "borderless business school." It recently created a series of "depth tracks for a customized academic experience" that reach beyond the business school and include courses taught by professors in computer science, engineering, industrial design and robotics. Among the tracks: wealth and asset management, biotechnology, computational marketing, integrated product development and operations management. ***The Wall Street Journal ranked Carnegie Mellon's Tepper School of Business third among national schools and third among international schools. Tepper also claimed the No. 2 spot for both Information Technology and Operations Management and ranked fifth for Finance and 10th for High Ethical Standards.
http://online.wsj.com/article/0,,SB112688
782860643026,00-search.html
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Back on top
The Wall Street Journal | September 21
Bill Eldredge, a consultant at management-consulting firm DiamondCluster International Inc., is an avid recruiter at Carnegie Mellon University in Pittsburgh because it produces M.B.A.s with the "critical combination" of business and technology skills, as well as unpretentious and practical students who fit his firm's culture. But he's concerned about his chances of landing top students at the school, which ranked third in both the National and International rankings."The principal challenge to recruiting at Carnegie Mellon is frankly the small size of the graduating class," Mr. Eldredge says, "resulting in a smaller pool of good fits from which we can draw." The M.B.A. program at the Tepper School of Business at Carnegie Mellon has shrunk to about 315 students from nearly 500 two years ago. The school says it received fewer applications at the same time that it wanted to reduce class size to achieve a better student-faculty ratio and lessen the strain on its facilities.
http://online.wsj.com/article/
0,,SB112688234637942950,00-search.html
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Carnegie Mellon business school
is ranked No. 3 in nation

Pittsburgh Post-Gazette | September 21
Carnegie Mellon University's Tepper School of Business once again ranked among the nation's best MBA programs in a survey released yesterday by The Wall Street Journal. The ranking is the latest in a series of PR wins for the Oakland business school. The Journal ranked Tepper No. 3 among national schools, behind Dartmouth College and the University of Michigan, and No. 3 among "international" schools, trailing Switzerland's International Institute for Management Development and ESADE in Spain. ... The Journal's ranking comes from a survey of corporate recruiters, the people who hire the graduates, giving the results added heft. The international rankings are from schools that draw recruiters from four or more countries -- this is Carnegie Mellon's first year on that list. "We know that our students make an impact in business and are glad to see that recognition extend to our corporate partners," said Carnegie Mellon business school dean Ken Dunn.
http://www.post-gazette.com/pg/05264/574935.stm | back to top

National News Stories

The end of the word as we know it
Newsweek | September 26
Visual media are, if anything, a more natural mode for humans than the written word, at least according to neuroscientist Marcel Just of Carnegie Mellon University in Pittsburgh, Pennsylvania. Evolution created Homo sapiens with a finely honed visual sense: an ability to take in the vast sweep of a landscape and pick out the smallest movement—a lion in the shadows?—or a partially hidden grove of berries. Whereas reading is a technically difficult skill that takes years to learn, our visual brains take almost effortlessly to videogames. "It's an accident that our culture invented writing and reading," says Just. "It's a cultural artifact we've developed, but it's not in the nature of man. Two hundred years from now, we won't need this medium to transmit knowledge."
http://msnbc.msn.com/id/
9378698/site/newsweek/
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Bye-bye boomers?
The Wall Street Journal | September 20
Across a wide swath of industries, companies are starting to address the impending exodus of baby boomers -- the 76 million Americans born between 1946 and 1964. ... Some sectors could be particularly hard-hit. About half the country's 400,000 electric-utility workers, such as those at Platte River, will be eligible to retire in the next five years, says Michael Ashworth, a researcher at Carnegie Mellon University in Pittsburgh.
http://online.wsj.com/article/
0,,SB112718141602545779,00-search.html
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Taking our chances
Fortune | September 19
... Katrina is an especially poignant study in risk because the catastrophe was so widely foreseen. The Army Corps of Engineers told anyone who asked that the chance in any given year that a storm would inundate New Orleans was between one in 200 and one in 300. Over the 77 years of the average American’s life expectancy, one-in-200 annual odds snowball to one-in-three. ... “This is a case where they did an exceptionally good job on the natural science and a really poor job on the social science,” says Baruch Fischhoff, professor of social and decision sciences at Carnegie Mellon University and current president of the Society for Risk Analysis. That’s partly because elected officials have another set of probabilities to consider. Say you’re at the beginning of a four-year term. Over that span the one-in-200 annual chance of a New Orleans flood grows to one in 50. That’s still slim odds that spending big bucks on better levees will pay off during your term—and you won’t get much credit even if it does. Force residents onto buses and drive them out of town only to see the hurricane miss the city, and you’re in real political trouble, guaranteed.
http://www.fortune.com/fortune/articles/
0,15114,1105649,00.html
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IMF's clout and relevance wane
as nations turn to other lenders

Bloomberg News | September 19
The International Monetary Fund is facing an identity crisis. As finance ministers from around the world gather in Washington this week for the IMF's annual meetings, the organization finds its relevance waning. Private capital markets are increasingly supplanting it as the main source of credit for developing nations, and participation in its loan programs has fallen to the lowest level since the 1970s. ... Founded at the end of World War II to promote international economic stability, the IMF typically makes loans to countries as part of a program in which the borrower promises to change policies -- to adjust its balance of payments, for example, or to reduce inflation. "The IMF has a less-than-favorable reputation because they have insisted on Draconian measures,'' says Allan Meltzer, a professor at Carnegie Mellon University in Pittsburgh who led a U.S. congressional commission on the IMF in 2000.
http://www.bloomberg.com/apps/news?pid=
10000086&sid=aG4AX5bvAr2A&refer=latin_america
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:-) changed the way we express emotion
Rochester Democrat and Chronicle | September 18
Internet users have been typing "emoticons" in messages for more than 20 years. On Sept. 19, 1982, the first emoticon is considered to have been invented, making Monday the emoticons' 23rd birthday. Scott E. Fahlman, a former computer scientist at Carnegie Mellon University, claims to have typed the first smiley face. He thought the original e-mail message was lost. But, a group of the university's technical support staff tracked down the magnetic tape with the original message recorded. Fahlman started using the emoticon at a time when young researchers and graduate students were raised on telephone calls. They were not trained in letter-writing, and expressing irony clearly in their messages was difficult. Some phrases that were understandable when spoken lost their meaning without the tone of voice. After receiving a series of misread communications, Fahlman suggested that people who post online sarcastic messages should label them as humor. So, he suggested the smiley face for humor :-) and the frowny face :-( to indicate unhappiness.
http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=/
20050918/BUSINESS01/509180351/1001/BUSINESS
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Student Experience

For Evan Cummings, 22, obstacles present opportunity
Rochester Democrat and Chronicle | September 18
Like most people who serve as an inspiration to others, Evan Cummings' only aim is to find a way that works for him. He's not in the inspiration business. ... He is paralyzed from the neck down, although he can move his arms. From the motorized chair that became his legs, Evan excelled academically at McQuaid Jesuit High School, and then went on to study drama at Pittsburgh's Carnegie Mellon University — from which he graduated in May magna cum laude. ... It might be easier to find work, he muses, had he graduated with an engineering or computer science degree, but Evan's life is theater, and he has been trained as a director. ... Carnegie Mellon drama seniors visit theatrical alumni in both Los Angeles and New York to size up career opportunities. "New York is where I belong," Evan says. ... All he sees is his dream, a life spent directing plays, or maybe one day, making movies. We can only live and make the most of the life we have. That's what Evan Cummings has always done — and that's why he inspires, however inadvertently, so many people who cross his path.
http://www.democratandchronicle.com/apps/pbcs.dll/
article?AID=/20050918/NEWS0201/509180336/-1/COLUMNS
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Arts and Humanities

For costume designer,
it's a celebration of self expression

Pittsburgh Tribune-Review | September 22
When it came time to choose a costume designer for "Crowns," Susan Tsu was a natural choice.
"I love hats. I always have. I wear them myself," says Susan Tsu, a professor of costume design at the Carnegie Mellon University School of Drama, whose designs have been seen in theater, opera and television productions that include the Pittsburgh Public Theater's recent production of "Anna in the Tropics," the 1976 Broadway production of "Godspell" and a stage adaptation of Amy Tan's "The Joy Luck Club" that played in both Shanghai, China and New Haven, Conn. ... "The thing that's marvelous about this play is that (its adaptor) Regina (Taylor) celebrates hats. But it's not simply a celebration of the art of wearability. It's a celebration of women through history and self expression," says Tsu.
http://pittsburghlive.com/x/tribune-review/
entertainment/arts/s_376525.html
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Book fair set Saturday
Pittsburgh Tribune-Review | September 21
From tales of forensic science, Pittsburgh's early sports legends, and how to cook up ethnic dishes, readers of all ages will find something to take home from a book fair Saturday.
The sixth annual Greater Monessen Historical Society and Monessen Heritage Museum Book Fair will take place noon to 4 p.m. at the Monessen Civic Center. Dozens of authors from southwestern Pennsylvania, including noted forensic pathologist Dr. Cyril Wecht, will participate. ... Among some of the other authors will be KDKA television's Dave Crawley with his book, "Cat Poems;" noted sports author Jim O'Brien, who has written 10 books about Pittsburgh sports; and Hilary Masters, a Carnegie Mellon University professor and the son of Edgar Lee Masters, author of "Spoon River Anthology."
http://pittsburghlive.com/x/tribune-review/
trib/newssummary/s_376418.html
| back to top

 

Hunt Institute exhibit plucks
botanical artists from obscurity

Pittsburgh Tribune-Review | September 18
In the history of American botany, one family has played a key role. Yet, until now, little has come to light about them. They were Joseph Prestele (1796-1867) and his three sons, Joseph Jr. (1824-1880s), Gottlieb (1827-1892) and William Henry (1838-1895). ... Now, the lives and careers of Prestele and his three sons who followed in his footsteps have been laid out in an unprecedented exhibition currently on view at the Hunt Institute for Botanical Documentation on the campus of Carnegie Mellon University.
http://pittsburghlive.com/x/tribune-review/
entertainment/arts/s_374620.html
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Information Technology

Carnegie Mellon's robotic Hummer flips in Nevada practice
Pittsburgh Post-Gazette | September 21
In scene that smacked of deja vu for Carnegie Mellon University's Red Team, a driverless Hummer rolled over near Carson City, Nev., late Monday afternoon as it practiced for the upcoming $2 million Grand Challenge race. "It hit a berm, dug in on the driver's corner, then spun and rolled," team leader William "Red" Whittaker reported in an e-mail sent to team members at 1 a.m. yesterday. ... Michele Gittleman, Red Team project manager, said the team members aren't nearly as flustered by this year's accident as last year's. "I think everyone's still feeling good," she said, noting the team already had been working on a round-the-clock schedule and had a number of spare parts at the ready. And, in contrast to last year, the team has two vehicles, not just one. Sandstorm is also entered in the race and, despite a run-in with a tree branch that broke its sensor dome during a test run last week, remains at the ready.
http://www.post-gazette.com/pg/05264/575073.stm | back to top

 

American robots face spirited competition abroad
Pittsburgh Post-Gazette | September 19
Matt Mason, director of the Robotics Institute at Carnegie Mellon University, expressed reservations about adopting the models of coordinated research such as those used in Japan and Korea. Though those programs are effective -- both countries are clearly preeminent in the development of walking, humanoid robots and robots to help care for the elderly and infirm -- their uniform approach to problems would not mesh well with U.S. culture. "I actually value our tradition of independent thought," Mason said. "I think it would be a big mistake for us to seek the kind of unity of purpose that we see there." A diversity of ideas is one of the strength's of the U.S. research community, he argued.
http://www.post-gazette.com/pg/05262/573956.stm | back to top

Environment

Phase I of Nine Mile Run restoration project finished
Pittsburgh Post-Gazette | September 15
Once a short time ago, a 2-mile-long stream of smelly storm runoff shot through the eastern suburbs, the Pittsburgh section of Regent Square and into the Monongahela River. During the rainy season, oily sewage spewed from the stream's mouth into the river. During dry, cracked-mud summers, the stream almost disappeared, leaving tiny minnows -- the only fish that lived in the polluted rivulet -- without a haven. ... Almost a decade since its inception, the [Nine Mile Run Stream Restoration] project is meant to reconfigure and, by natural means, filter filth from the waterway. ... Billed as the "largest urban stream restoration project in the entire country," the $7.7 million effort compelled the cooperation of Pittsburgh, Swissvale, Edgewood and Wilkinsburg; the Army Corps of Engineers; the Nine Mile Run Watershed Association; the Allegheny County Sanitary Authority; 3 Rivers Wet Weather Inc.; a group of Carnegie Mellon University artists; housing planners and contractors.
http://www.post-gazette.com/pg/05258/571624.stm | back to top

Local News Stories

Allegheny County property
assessments to rise 5.8%

Pittsburgh Post-Gazette | September 21
Allegheny County Chief Executive Dan Onorato yesterday rolled out his latest 2006 assessment plan, calling for increases of nearly 6 percent in residential property values. In a top-to-bottom rewrite of the first countywide reassessment in more than three years, the values assigned to 500,000 residential properties would go up an average of 5.8 percent, a sharp drop from the 19 percent average increase that the county posted online eight months ago. ... Robert Strauss, a professor of economics and public policy at Carnegie Mellon University, said commercial property owners may complain that homeowners would receive a bigger break under the new numbers. That seems to be saying that the commercial market is stronger than the residential market," he said. "But vacancy rates Downtown don't support that."
http://www.post-gazette.com/pg/05264/575090.stm | back to top

 

Fearing inflation, Fed raises key rate
Pittsburgh Post-Gazette | September 21
Investors hoping the Federal Reserve would take a break from raising interest rates in Hurricane Katrina's aftermath got a cold dose of reality yesterday when policymakers not only nudged up short-term rates but signaled more increases are on the way. ... When push came to shove, the Fed weighed the evidence and felt inflationary pressures trumped concerns about growth, said Marvin Goodfriend, an economics professor at Carnegie Mellon University's Tepper School of Business who until recently served as senior vice president and policy adviser to the president of the Federal Reserve Bank in Richmond, Va. The Fed's action "tells us that the circumstances produced by Katrina have inflationary consequences as well as growth consequences." And policymakers, in reviewing both sets of somewhat contradictory consequences, saw no reason to alter the direction in which it began moving some 15 months ago, he said.
http://www.post-gazette.com/pg/05264/575117.stm | back to top

 

Second Act: FreeMarkets founder
Glen Meakem contemplates future in politics

Pittsburgh Tribune-Review | September 18
Luke Skurman was a recently minted graduate of Carnegie Mellon University last year who, together with a handful of former classmates, had launched a business selling college guides to high school students and their parents. ... Skurman asked for a meeting with Carnegie Mellon President Jared Cohon to find out what he thought of his company, CollegeProwler. Cohon, likely sensing kindred spirits between Skurman and Meakem, who sits on the board of trustees at Carnegie Mellon, arranged for the two to meet. ... "Six weeks later he invested $500,000 in our company, and we named him chairman of our board" Skurman said. Skurman said Meakem has been the ultimate mentor for him and his company.
http://pittsburghlive.com/x/tribune-review/
election/s_373918.html
| back to top

 

Candidates seek new Downtown plan
Pittsburgh Tribune-Review | September 16
Pittsburgh needs a new strategy for bringing life back to Downtown's failed Fifth and Forbes retail area, candidates for mayor and critics of the current administration said Thursday. Madison Marquette, a national real estate company based in Washington, D.C., is the latest developer to take a crack at creating a master plan for the once-thriving city center, said Herb Burger, chairman of the Pittsburgh Task Force, a private group charged with reinvigorating Fifth and Forbes. ... Even if Madison Marquette comes up with a plan for the area, it's not likely they would move forward during the transition from one mayor to the next, said Robert Strauss, a public policy professor at Carnegie Mellon University. "At the other end of this, who's going to be taking as serious any commitments that are made?" Strauss said. "The reality is nobody is going to sign up for anything that will serve the public's interest until afterwards."
http://pittsburghlive.com/x/tribune-review/
trib/pittsburgh/s_374672.html
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International News Stories

Wanted: psychopaths to play the stock market
TimesOnline | September 19
In a study of investors’ behaviour, the team from three US universities suggest that people with brain damage can make better financial decisions than the rest of us. Market traders may feel slighted, but this study comes from the growing field of neuroeconomics, which investigates the mental processes that drive financial decision-making. The experts found that emotions can make investors play it too safe. They claim the emotionally impaired are more willing to gamble for high stakes. The US team found that people with certain brain injuries which suppress their emotions could make the best stock market traders. They took a selection of 41 people of normal IQ, 15 of whom had suffered lesions on the areas of the brain that affect emotions, and made them play a simple investment game. Those with brain damage significantly outperformed those without, the researchers from Stanford Graduate School of Business, Carnegie Mellon University and the University of Iowa found.
http://www.timesonline.co.uk/article/
0,,11069-1786949,00.html
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