8
r * "fl."1 AMERICAN GRADUATE SCHOOL OF INTERNATIONAL MANAGEMENT Vol. XXI No. 2 8 Pages Feb. 11. International Banking Redefined B% James Bo^in ' 'Any banker trained before 1975 is obsolete." The future of international banking has already arrived, as 60 students learned in Professor Jim Mills' wmtenm seminar in international banking, leading banks to undertake innovative strategies to maintain market share and profitability as they retrench and restructure in an era marred by recession, debt crises, and oil shocks Bankers, realizing that the days of 'free' deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag- gressive marketing and product differentia- tion. Rather than depend on interest income from loans, banks are relying more on new products and turning to fee based income, pushing trade finance products,-foreign ex- change transactions, foreign exchange risk management, project finance, and trade consulting. Liability management has taken on tremendous importance. Loan spreads narrowed by worldwide competition and relatively more expensive CD funding. compel hanks to balance their asset ami liability portfolios very carefully, mat- ctHag eunwacies, cn&lurtttes and interest rates. After all, a bank can never afford to be illiquid, even for one day. Gone are the days when a bank could be all things to all people. According to a re- cent article in The Banker, banks are selecting market segments using three bask approaches: the global network strategy, to facilitate transactions worldwide; a strategy of selected overseas niches, to take on foreign business in an op- portunitistic, case by case fashion; and the domestic oriented strategy, with a limited overseas presence to provide support to domestic customers abroad. Apparently, the world doesn't need 40 banks with extensive global networks. The number is likely to decrease as banks such as Manufacturers' Hanover pulls back. Citi becomes a stronger local bank abroad. Wachovia carefully consider where a small regional bank can show its strengths, and Chase Manhattan dwrides what it must do to maintain its preeminence while keeping a more wat- chful eye on the bottom line What changes have brought this about'.' Where are banks going from here' 1 Although international banking by US banks is hardly a recent phenomenon, the flag of expansion didn't unfurl until the late 1%0's Banks went abroad to service domestic customer needs, providing on- the-spot trade finance services and loans to foreign subsidiaries, in an era when the terms 'L'.S business' and 'international trade' were still interchangeable Banks increased shareholder RO1 by going after higher paying risks in foreign markets. and diversification offered some protec- tion against the vicissitudes of the American business cycle. And, as V.P. Thomas Flaherty of Manufacturers" Hanover pointed out, "Lending to LDC's was the safest thing to do at the time " Yet, the desire to avoid Regulation Q in- terest rate ceilings and the problems of in- dividual disintermediation provides the greatest due to international expansion Small investors, faced with inflation and eiiber non-interest beartog ubeeiung ac- counts or low savings rates, transferred their funds to a variety of money market instruments invested in the 1970's, Banks responded with NOW accounts, a variety of CDs, and developed an extensive eurodollar market. The lack of regulation. reserve requirements, or rate control pro- vided an attractive incentive to head overseas. Today, banks find themselves in an era of deregulation, blurring the line drawn by Glass-Stegall and MacFadden, branching nationwide in everything but name, com- peting with investment banks, insurance companies, and other institutions Bank of America now staffs offices in all fifty states. Prudential Insurance is the na- tion's fourth largest loan making financial institution. Last year, Merrill Lynch made more mortgage loans than Chase Manhat tan. Sears bought its own brokerage firm. U.SIM: \ frigid «a»i» in th«- il« «-rt'.' freeing customers to conduct a myriad of trflfWBrlfiTy 'fTiftar ntm r^W^agjfl^j^J^pilr, ney may yet become a household name in consumer finance. Bankers today must become marketers and focus on their particular strengths, paying more attention to profitability, developing new products in a rapidly changing financial world, and caning out a certain piece of the market. No bank can concern itself any more solely with the simple process of accepting deposits and making loans Lending has become less important as large corporations have entered the commercial paper market en masse, and the best countries m terms of risk require little commercial bank fun- ding. Banks must use fee-based income products more extensively, and develop more value-added, skill-based, and knowledge-based products and ideas in order to reduce funding costs. International banking has evolved dramatically during the past 15 years. sidianes and moving on to local company loans abroad and syndicated lending. The split between international and domestic banking is quickly disappearing. Bankers must become innovative thinkers; the time of the staid and stodgy banker is long since past. Nowhere is this trend made more manifest than at Citibank, where Walter Wnslon chose veteran marketer John Reed to succeed him Planning must be done at a decentraliz- ed level, giving people in the field more responsibility. Above all. bankers must grasp the nature of change They must focus on realistic goals, identify their customer base, develop new products, go after new business, establish an image their customers can relate to. and think marketing, marketing, marketing. The future of banking is NOW. New Food Services Director Promises Improvements. Complaints Continue "Open door policy with students" By Betsy Carr Students still pan the meat, pb & j sandwiches are as popular as ever and the new dining hall director wants to have an "open door policy" with students. Aranna Lubin. formerly an assistant director, has been employed at AGSIM since 1976. Before leaving on a long- overdue Caribbean cruise vacation, she discussed her new position. "There will be some changes," she remarked, pointing out the newly extended continental breakfast hours from 8:30 A.M. to 9 A.M. She encourages student suggestions on improvements. The reliable rumour mill, that AGSIM hotline of in- formation, attributed the dismissal of the previous direc- tor and the subsequent appointment of the new director to a mass exodus of students from on-campus housing at the dose of last term. Joyce Lage, housing director, denies this. "The decision came from above." she stated. The 40(4- students living on campus continue to balk at the food, although some have noticed improvements. "The scalloped potatoes the first week of school were ex- cellent," remarked Tom Burns, a returning student. "I've noticed improvements." Less complimenting. Dante Massi. also a returning student, is concerned about the grade of the meat 'Thej have to improve the quality "he emphasized. "The beef sucks," added hiscompanion. "1 can't say after one week," remarked Daphne Selby. another returning student "Ask me in a month or two." Other students are oblivious to the taste and quality of the alimentation in the mess hall. "Now that you mention it," Guy Hengesbaugh mused with a pensive expression on his face. "1 havenoticeda difference." One insightful T'Bird, Michael Wittenstein, who has restaurant management experience, commented on the change in staff attitude. "They appear to be in a better mood." The topic turned the high cost of the meal plan on campus, about which many students stridently express their discontent. "We could eat at Morrison's Cafeteria three meals a day for less.'' he calculating!)' concluded. Is the cafeteria cuisine a raw deal monetarily? The meal plan for on-campus students is $855 for the term, which many students find to be outrageous. According to the office of V.P. for Business Affairs,C.L. Stickland, Jr.. this works out to $7.70/day.' 'It doesn't average out to very much." Joyce Lage commented. The mood among the forty dining service employees, according to one employee, has improved "We're a hap- pier group." remarked one worker Aranita Lut*in I*IMM| Srr\ir**« l)irt»rt«»r

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Page 1: International Banking Redefined · deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag gressive marketing

r* "fl."1

AMERICAN GRADUATE SCHOOL OF INTERNATIONAL MANAGEMENT

Vol. XXI No. 2 8 Pages Feb. 11.

International Banking RedefinedB% James Bo^in

' 'Any banker trained before 1975 isobsolete."The future of international banking has

already arrived, as 60 students learned in Professor Jim Mills' wmtenm seminar in international banking, leading banks to undertake innovative strategies to maintain market share and profitability as they retrench and restructure in an era marred by recession, debt crises, and oil shocks Bankers, realizing that the days of 'free' deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag­ gressive marketing and product differentia­ tion. Rather than depend on interest income from loans, banks are relying more on new products and turning to fee based income, pushing trade finance products,-foreign ex­ change transactions, foreign exchange risk management, project finance, and trade consulting.

Liability management has taken on tremendous importance. Loan spreads narrowed by worldwide competition and relatively more expensive CD funding. compel hanks to balance their asset ami liability portfolios very carefully, mat- ctHag eunwacies, cn&lurtttes and interest rates. After all, a bank can never afford to be illiquid, even for one day.

Gone are the days when a bank could be all things to all people. According to a re­ cent article in The Banker, banks are selecting market segments using three bask approaches: the global network strategy, to facilitate transactions worldwide; a strategy of selected overseas niches, to take on foreign business in an op- portunitistic, case by case fashion; and the domestic oriented strategy, with a limited overseas presence to provide support to domestic customers abroad.

Apparently, the world doesn't need 40 banks with extensive global networks. The number is likely to decrease as banks such as Manufacturers' Hanover pulls back. Citi becomes a stronger local bank abroad. Wachovia carefully consider where a small regional bank can show its

strengths, and Chase Manhattan dwrides what it must do to maintain its preeminence while keeping a more wat­ chful eye on the bottom line

What changes have brought this about'.' Where are banks going from here'1 Although international banking by US banks is hardly a recent phenomenon, the flag of expansion didn't unfurl until the late 1%0's Banks went abroad to service domestic customer needs, providing on- the-spot trade finance services and loans to foreign subsidiaries, in an era when the terms 'L'.S business' and 'international trade' were still interchangeable Banks increased shareholder RO1 by going after higher paying risks in foreign markets. and diversification offered some protec­ tion against the vicissitudes of the American business cycle. And, as V.P. Thomas Flaherty of Manufacturers" Hanover pointed out, "Lending to LDC's was the safest thing to do at the time "

Yet, the desire to avoid Regulation Q in­ terest rate ceilings and the problems of in­ dividual disintermediation provides the greatest due to international expansion Small investors, faced with inflation and eiiber non-interest beartog ubeeiung ac­ counts or low savings rates, transferred their funds to a variety of money market instruments invested in the 1970's, Banks responded with NOW accounts, a variety of CDs, and developed an extensive eurodollar market. The lack of regulation. reserve requirements, or rate control pro­ vided an attractive incentive to head overseas.

Today, banks find themselves in an era of deregulation, blurring the line drawn by Glass-Stegall and MacFadden, branching nationwide in everything but name, com­ peting with investment banks, insurance companies, and other institutions Bank of America now staffs offices in all fifty states. Prudential Insurance is the na­ tion's fourth largest loan making financial institution. Last year, Merrill Lynch made more mortgage loans than Chase Manhat tan. Sears bought its own brokerage firm.

U.SIM: \ frigid «a»i» in th«- il« «-rt'.'

freeing customers to conduct a myriad oftrflfWBrlfiTy 'fTiftar ntm r^W^agjfl^j^J^pilr,ney may yet become a household name in consumer finance.

Bankers today must become marketers and focus on their particular strengths, paying more attention to profitability, developing new products in a rapidly changing financial world, and caning out a certain piece of the market. No bank can concern itself any more solely with the simple process of accepting deposits and making loans Lending has become less important as large corporations have entered the commercial paper market en masse, and the best countries m terms of risk require little commercial bank fun­ ding. Banks must use fee-based income products more extensively, and develop more value-added, skill-based, and knowledge-based products and ideas in order to reduce funding costs.

International banking has evolved

dramatically during the past 15 years.

sidianes and moving on to local company loans abroad and syndicated lending. The split between international and domestic banking is quickly disappearing. Bankers must become innovative thinkers; the time of the staid and stodgy banker is long since past. Nowhere is this trend made more manifest than at Citibank, where Walter Wnslon chose veteran marketer John Reed to succeed him

Planning must be done at a decentraliz­ ed level, giving people in the field more responsibility. Above all. bankers must grasp the nature of change They must focus on realistic goals, identify their customer base, develop new products, go after new business, establish an image their customers can relate to. and think marketing, marketing, marketing. The future of banking is NOW.

New Food Services Director Promises Improvements. Complaints Continue

"Open door policy with students"

By Betsy CarrStudents still pan the meat, pb & j sandwiches are as

popular as ever and the new dining hall director wants to have an "open door policy" with students.

Aranna Lubin. formerly an assistant director, has been employed at AGSIM since 1976. Before leaving on a long- overdue Caribbean cruise vacation, she discussed her new position. "There will be some changes," she remarked, pointing out the newly extended continental breakfast hours from 8:30 A.M. to 9 A.M. She encourages student suggestions on improvements.

The reliable rumour mill, that AGSIM hotline of in­ formation, attributed the dismissal of the previous direc­ tor and the subsequent appointment of the new director to a mass exodus of students from on-campus housing at the dose of last term. Joyce Lage, housing director, denies this. "The decision came from above." she stated.

The 40(4- students living on campus continue to balk at the food, although some have noticed improvements. "The scalloped potatoes the first week of school were ex­ cellent," remarked Tom Burns, a returning student. "I've noticed improvements." Less complimenting. Dante Massi. also a returning student, is concerned about the grade of the meat 'Thej have to improve the quality "he

emphasized. "The beef sucks," added hiscompanion."1 can't say after one week," remarked Daphne Selby.

another returning student "Ask me in a month or two." Other students are oblivious to the taste and quality of the alimentation in the mess hall. "Now that you mention it," Guy Hengesbaugh mused with a pensive expression on his face. "1 havenoticeda difference."

One insightful T'Bird, Michael Wittenstein, who has restaurant management experience, commented on the change in staff attitude. "They appear to be in a better mood." The topic turned the high cost of the meal plan on campus, about which many students stridently express their discontent. "We could eat at Morrison's Cafeteria three meals a day for less.'' he calculating!)' concluded.

Is the cafeteria cuisine a raw deal monetarily? The meal plan for on-campus students is $855 for the term, which many students find to be outrageous. According to the office of V.P. for Business Affairs,C.L. Stickland, Jr.. this works out to $7.70/day.' 'It doesn't average out to very much." Joyce Lage commented.

The mood among the forty dining service employees, according to one employee, has improved "We're a hap­ pier group." remarked one worker

Aranita Lut*in I*IMM| Srr\ir**« l)irt»rt«»r

Page 2: International Banking Redefined · deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag gressive marketing

2-4>AS TOR—Feb. 11,1985

Unfurl Those Fabulous FlagsEditor:

Caught your attention, eh?! Scathing, did I hear"" My report naturally had no in­ tentions of bringing about permanent malicious damage ' I am too mellow for such), but merely to raise consciousness among the student body. I reported only as a casual observer (those who know me know "casual" is an understatement! > and an observer who enters campus daily via the mam gale. Granted, as pointed out to me. I missed a few featurtngs in early September and October and certainly have yet to experience spnng and summer in Arizona a state known for its rich colors and beauty (You must leave Glendale. however! >.

Now, I have been enlightened to the mystery <not to be confused with mysti­ que!! I felt dutifully obliged to promote accurate journalism, so I excitedly ac­ cepted an invitation by Nelda Crowell of the AGSIM Promotion Department. 1 was given the grand tour I must say it is a department that they have even right to be proud of In this department. Nelda and two assistants are not only responsible for a rather complicated flag schedule, but also all the brochures and fliers that we received prior to our arrival at AGSIM.

They also publish the Thunderbird Magazine As the editor staled, flags are featured by request and in observance of national holidays. The list is initially one of alphabetical order, then some shuffling for national holidays, student and faculty re­ quests, and then last minute changes for visiting gacsti. I'Oiiiicai neutrality is a key ingredient to scheduling decisions. The list comes from a published list put out by the U.S. Government and containing only

those countries that are diplomatically recognized.

1 hope that, if nothing else. I have gotten the message across as to how important flags really are, what they each really say. and their origins. We all know what the flag of the USA ts screaming out as we see it waving in the breeze; we know what it has gone through. But. do all of us know the meaning behind the other flags we have seen flying over the AGSIM campus'1 I invite some of the foreign students to enlighten us more through the use of Das Tor with this relevant information.

Henceforth, we shall know the ground upon which we walk and conduct our business around the world So, next time when the Libyan flag goes up, blood will not rush to your forehead because you believe AGSIM lobe celebrating Khadafi's birthday, but instead you will know it is Libya's national holiday: and. when you are in a tense part of the world and have noticed a new flag flying, you will know you missed your requested flight home! I sincerely hope everyone of you will take 10 minutes to just drop into the Promotion Department m Founders' Hall, check the flag schedule, and understand the significances ... maybe you will have a re­ quest ! My emphasis is in equal represen­ tation which 1 strongly now feel the Pro­ motion Department is attempting, and not a political farce ... hut still, reporting from the Free World and having once again found it, Howard Beck.P.S 1 soon hoop to provide 3 !;sl country's flags at the Promotion Depart­ ment desires or needs to replace so that, those who want to make a donation or con­ tribution mav do so.

Hey T-Birds. Leave the Profs Alone

Editor.Our internationally-known graduate

school, which, to quote its president, H ranked "in there wilh WharUm. and Start ford, and Harvard" is presently facing a serious crisis: a number of its students are suffering from elementary-school refuta­ tion, and the disease is spreading!

The medical definition of the respective disease is as follows: "Elementary-school refutation: disease usually discovered in its chronic stages: caused by severe dissatisfaction with a grade: its symptoms can be noticed when the subject childishly cries and complains about the grade, or. in extreme instances, dissects the professor who awarded the grade, cuts him into pieces, and then feeds him to the campus pussycats: treatment: laser surgery of the frontal lobe combined with assemblyline work, which will prevent the disease from evolving into peripheral neuropathy."

A medical manual suggests a number of ways to prevent the occurrence of the disease, tuo will Ix mentioned here. I' impress upon students that D's and F's are acceptable grades. They either mean that one didn't study, or ... that one didn't study. For either of the two cases there are remedies to be found at the AGSIM Health Center. 2» Design a mandatory AGSIM course that would deal extensively with the Theory of Positivism, using Zen and the Art of Accepting as textbook.

It is important that both students and faculty take measures against the spreading of this disease. If not. unlike at Wharton. Stanford, and Harvard, our AGSIM professors may have to be bound to the permanent company of bodyguards. This, most certainly would result in skyrocketing tuition forT-Birds.

—Dana-Nicoleta Lascu

AM£RICANC.BAOU»tE iCMOOt Of INI f KMAIIOMAI MANiCf

THE GATE

At The American Graduate School of International Management

978-7119

Editor: Betsy Can- Assistant Editor: Jim Bogin Copy Editor: Sharene Refcow Business Manager: Reflate Rippa Assistant to the Editor: Chip Pothill Staff Photographer: MarcGallin

DAS TOR accepts and encourages letters lo be submrtted on any subject with relevance to the

Thunderbird communityTo ensure the maximum expediency in publishing, ali submissions should be typed, double-

spaced and margins set 20 and 70Letters should be signed and are subject to tevision at the editor's discretion.

Fascist rughy players?

Commie Flags. Capitalist CampusDear Editor.

This letter is in support of Howard "ln- Searchx.f The-Free-World" Beck I too fee! that we should not allow any commie flags to fly over AGSIM. If we continue to display the flags of red puppet regimes on our fair camp»js. we ran the risk oi inspir­ ing a communist coup d'etat.

The Ultimate Frisbee Players (Maoist Phalange > will seize control and declare all dorm windows bourgeois artifacts which must be eliminated. Pitched battles with the fascist Rugby Players will break out over control of the Pub. When the local commies start to lose, they will call on Cuban troops to support the Revolution. If that happens, we might as well change the name of our school to The American Graduate School of International Revolu­

tion (AGSIRi here.

In spite of my agreement. I fed compell­ ed to point out that, in bis zeal to suggest the names of Free World countries ur flags we can fly, H.B. made a few tiny mistakes. England. Scotland. Wales, and Northern Ireland all share the same na­ tional flag, namely that of the United Kingdom. Much to the chagrin of Argen­ tina, the same flag tiies over the Falkland Islands. Manila is. as yet, a city in the Philippines and does not have its own na­ tional flag. It does, however, have its own envelope, which is a step in the right direc­ tion.

Yours, in search of sanity. Trigger de Bodtsco

A hit Reactionary...Editor.

Barry Goldwater never learned the art of modern political speech. He doesn't manipulate words such as compassion, f need, exploitation, fear, guilt, or any of the other platitudes and demands that come whining or hissing from the mouths of the modern collectivist political beast.

This perhaps explains the offense that some students took to his recent com­ mencement speech When Goldwater men^* tioned pride in America, and spreading the message of freedom, some in the audience * were insulted. After all. what can a capitalist dinosaur like the U.S. teach to such enlightened states as Ethiopia. Angola, and Nicaragua?

The sentiments of these students would certainly have been echoed by one con­ gressman who spoke bitterly of Reagan's paltry offer of $491 million to feed our needy brethren in Ethiopia. "They need at least a billion." he howled, turning a re­ quest into a demand, Ronnie, how can you live with yourself?

But times have changed in the U.S., and the rise of Goldwater's prodigy to the presidency has seen the rebirth of an America which refuses to prostrate itself upon a temple of communal need. Americans may still be feeding tens of millions who are "protected" by benefac­ tor socialist regimes, but the)1 are less will­ ing to fed guilty or ashamed that they are not starving themselves.

All this may seem a bit reactionary, but to many of us who grew up in the 1970's and 80's the ideals of the left, in and outside of the U.S.. have come to be seen as twisted and ungovernable.

The left denies any role in the disintegra­ tion of Mack families, their rising poverty and unemployment and urban decay. Un- fortunately the road to hell is often paved with good intentions. Reasonable men and women can only accept responsibility for the results of their thoughts and actions

Of course the social gospel has gone band in hand with the cry of the hungry in toe third world. Many have prided themselves on the aid the U.S. government has given. Yet one grows tired of failed plans, endless talk of the future, and development in perpetuity. Meanwhile, those nations which have pulled themselves up. such as Taiwan and South Korea are seen as economic miracles, as if man had no say in his own destiny.

As we watch the desertification of Africa when methods are available to stop it, and population growth in the southern hemispheres far in excess of increases in agricultural output, should we feel respon­ sible for others who feel no responsibility for themselves? Perhaps, but one thing is certain. The ideals of economic and political freedom that have given the West the greatest prosperity and opportunity in the history of the world, are worthy of any nation or people. They are justifiably ex­ posed by men and women who feel no shame for the accomplishments of these ideals, and intend to see reason, produc­ tion, and innovation pull humanity into the 2ist century and beyond.

Scott D.Laux

Among other things, Taiwan and South Korea have received billions of dollars in U.S. aid since WWII. Editor

O 3Ve£Ts Secretarial Service• Cover letters • Special Student Rotes

• Notary • Quality Typing

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938-33973 » 8 O.8. tgtBCQBflflflBoooeaBinBoeaa MJ

Page 3: International Banking Redefined · deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag gressive marketing

Campus NotesFeb. 11. WtS-DASTO«—3

j Presentation Mays

Cw?i$e$ to Examine

Cmistenee of Sod and Pwple

HabakkakA 55-minute roadshow to be presented on

college campuses will seek to reconcile the question if God is loving, why is the world full of misery?

Habakkuk, a multi-media production based on the Old Testament book or the same name, examines this and similar issues.

It will be in the TAG Feb. 12,13, & 14 at 7:30. It is free of charge. We'll see you there.

ASLC AuditorsThe ASLC needs auditors for the soon to

be formed Audit Committee. Respon­ sibilities will include examining the records of the ASLC, Das Tor, and For­ tune.

Individuals with an Accounting degree or bookkeeping or auditing experienc<> are preferred. Funnermore. due to the fact that auditors will be prime candidates for the Treasurer position at the end of the semester, first semester students are preferred.

If interested, please contact Jeff Kiehl at the ASLC off ice

Das Tor

All faithful and aspiring contributions are invited to our first open house in the DAS TOR office, Friday afternoon. February 15, at 5. Watch your box and keep the hour free.

Soccer

The T-Bird soccer team is back again with the best looking legs on campus (that's right rugby > The season opens up on Sunday, Feb. 10. here on campus - un­ fortunately after this article comes to print. The following two weekends the team moves on the road. With 3rd semester player/coach/spiritual guru Ed Ramirez at the helm, the kickers are look­ ing forward to a successful campaign. Come out and support your fellow T-Birds on Sundays in their quest for victory.

Vincent Fitzgerald

First Semester Representative Elections

All First Semester Students interested in running for First Semester Representative for ASLC are encouraged to pick up a peti­ tion at the ASLC office. Seven represen­ tatives will be elected.

Petitions for First Semester Represen­ tatives are due at the ASLC office Thurs­ day, February 7 at 4:00 p.m. There will be a mandatory meeting of all candidates Thursday. February 7 at 5:00 p m at the ASLC oiiice All candidates MUST attend this meeting or send a delegate. Other­ wise, he/she will not be permitted to par­ ticipate in the election. Any questions? in­ quire at the ASLC office. Elections will be held on Tuesday. February 19.

Ruggers and HuggersThe official photo book of the Fall 1984

hot match between the AGSIM men and women Ruggers is in the ASLC office, so come on in and see all the action. Orders for reprints can be placed with Tammy, the ASLC secretary during regular business hours, so order yours today.

rfr£rtrtrt!rtrJV6^^

Jfr «• £ JS-

Women Ruggers...The lirst women's rugger practice was a

success last week after extensive recruiting on club day. Although twelve ambitious scrummers attended, we still need additional bodies out there. Coach "Boy" Kerry and his new assistant. Coach Gow. an ace at starbursts. led the ex­ uberant crew through passing and naming drills. The female ruckers will be out even, Monday and Wednesday at 5 pm on the field. Congratulations to all you raffle winners and thanks to all who made the qutf function happen, especially our male counterparts.

Chinese ClubThe Chinese Club is for those who are in­

terested in Chinese culture and language. The club will hold its first meeting at 7:30 p.m. on Monday. February 11 in Room 33. We are planning an activities-filled semester and club officers will be elected during the meeting.

; pyjiJWJ^s^^tVWVW^^V^

Talent ShowThe event of the semester is here!!! The

Spring Talent Show will lake place on April 20th 1985. Sign up for acts, waiters, waitresses, and emcees will take place from Fri Feb. 8th to Fn. Feb. 15th at the ASLC office. Anyone interested in helping out with production, lights, publicity should contact me. Anita at extension 7600.

Marketing ClubMr. Jos Anshell will speak on advertis­

ing and consumer marketing at 7:00 p.m.. Monday in Room 21. Mr. Anshell is a part­ ner in the Moses Kimicata AnsheU Adver- lismg Agency and is a former brand manager. Remember to bring your AMA membership applications.

Say and Lesbian Oasis

The Gay and Lesbian Oasis will be holding it's first get together of the Spring semester this Saturday. Feb. 16. at 8:00 p.m. at a convenient off campus location. All are welcome. For further information please call 978-8395. Confidentiality respected.

African Forum

All members of the AGSIM community are invited to join with other civic, educa­ tional, media, and religious represen­ tatives as participants in AFRICA: CON­ TINENT IN CRISIS, beginning February 16. and continuing on each of the three suc­ cessive Saturday mornings through March 9th. from 9:30 a.m. to noon, in tbeCoconino Room, on the second floor of the Memorial Union, at Arizona State University. There is no charge for this forum, which is spon­ sored by Arizona Society for International Development.

Each Saturday session will consist of a guest speaker, a panel presentation, and a discussion period. Guest speakers now scheduled include: Robert Batt. Director. The Hunger Project, San Francisco: Robert Cales. Center for Economic Development, Clark Univ.. Worcester. Mass.: Peter Davies, President. IN­ TERACTION, New York City: C. Payne Lucas. Director. AFRICARE. Washington. D.C.: and Michael Lofchie. Director. African Studies Center, Univ. of California. Los Angeles.

Feb. 16: SOCIAL DILEMMAS - growth in population, urbanisnv. children, family. employment, education:

Feb. 23: POLITICAL CONFLICTS - na­ tionalism, ethnic separatism, militarism, civil war. international pressures:

March 2: ENVIRONMENTAL DESTRUC­ TION deforestration. desertification.«rid Lands technology:

March 9: WHAT'S BEING DONE? - the role of Arizona, the private, public and religious organizations in America and throughout the world.

BYU SingersThe City of Glendale Recreation Depart­

ment and Apollo High School proudly pre­ sent the Brigham Young University Singers" on February 14, 1985. Bring your whole family to enjoy this beautiful Valen­ tine's Day Concert.

Two performances will be given. 6:00 p m and 8:30 p.m.. in the new auditorium at Apollo High School. 8045 N. 47th Avenue in Glendale. Tickets are on sale NOW at the Glendale Recreation Department. 5850 W. Glendale Avenue, Basement, and Apollo High School. The cost is StOO/child and $3 00 adults

The choir, under the direction of Dr. Roland J Stanch, travels with 36 of the very finest voices at the University. In­ cluded in their repertoire are numbers like "This Is One of Those Moments" from Yentl. a Gershwin medley, a medley from the musicals of Steven Sondheim. musk from the Broadway musical "Cats." and many more. They will be performing several Bach pieces in honor of the tri- centenmal celebration of the composer's birth, including Motet No. 6 and "Lobet den Herrn." Compositions from Brahms and Schutz are also included in the well rourtdei! performance.

For further information contact Chris Girardi at 435-4100.

Free MovieFREE MOVIEDiane Kurys' PEPPERMINT SODA Fnday.Feb. 15; 7:30 in the Auditorium Winner of the Prix Louis Deiluc

Draughts from the Pab

Well fellow PUBBERS. you may have missed my column last week due to the policies of this rag. That is: a compromis­ ing of journalistic integrity for the sake of something as obtuse as advertising revenue. Stop by the office of DAS TOR and ask our fearless editor for an explana­ tion if you are confused.

News of interest to you out there is that we have eight (count them 8) new bartenders this semester. They represent the best and the brightest that this campus has to offer ... nah, I cant tell a lie. They are part of my alcoholic rehab program. I try to keep them sober and off the streets two nights a week. So far it seems to be working. Stop in and test their knowledge of world affairs, foreign pojky, or campus gossip. They are truly enlightened in­ dividuals who will easily tell you where to

While on the subject of bartenders, an unfortunate incident occured last week which I am compelled to write to you about. The Saturday night shift bartender had $20.00 stolen from his tip jar. These guys and gals who work here are students just like you. and they work damn hard to serve you. the customer, in the best possi­ ble way. It is truly unfortunate that so­ meone out there felt it necessary to steal from them. If you who did this act are reading this column, return the $20.00 to the PUB box. 769. through campus mail, and no questions will be asked. There are better ways to obtain funds if you need them than to steal from your fellow students.

On to better things ... the beer special this week is Kirm beer from Japan, for the moderate price of $1.00. Now you may be asking. "Why does this guy put a Japanese beer on special on Valentine's, Day?" WeU to you I say "Because 1 want to." Actually, it was a request from the fearless three who inhabit the area behind the bar on Thursday night. They wanted a special beer that night because in addition to their fine service and the low prices 1 offer you. these three guys are the definition of the word "ROMANTIC" So. for each beer you buy. a kiss will be offered at no extra charge. Therefore, enter our humble establishment and take advantage of this once in a lifetime offer

Thanks for; our kind attention, and send someone flowers this week, after all it is Valentine's Day. Think about it and see you in the PUB!

Page 4: International Banking Redefined · deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag gressive marketing

4—DAS TOR—Feb. 11.1HSBeer Menus Twstt

Fellow PUBBERS, here is wbat you have been asking for: a BEER MENU!

Read this, study it and SAVE it Perhaps then you also can aspire to that plateau of

greatness sought by so many, but achieved by so feu- here at our desert paradise. This will not make receiving your degree any easier, but it sure as bell will make it FUN!

\n PUBBERS. you nteti tor u aad ken * tx. m asboat fade to itio* you to tie abonuns • aBw lanpujrs as ocU « vote o*n We here u Me fcsert «*ra foody refer lama as (tffiapvadmmnBif yoe

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OBJECTIVE: A position in international marketing that will allow roe to apply my communication and analytical skills to the very best of my ability in order to contribute towards meeting company objectives.(Really means: - Look I need a job when I graduate. I have no real experience but want a job that will let me travel at company expense, i

QUALIFICATIONS: Fluent in Spanish and German (Who looks at transcripts anyways. Nobody will spot that C.)

Cross-cultural communications skills <a reliable cliche)

Saved my department $13,000 «Getting fired never sounded so good.»

EDUCATION: AGSIM. May 1SS5. M l.M degree. Coursework included: marketing, advertising, finance, area studies, accounting, computer science. Extra curricula^ Spanish. German and Marketingdubs. Member m good standing AMA, IFA.4-H Played rugby, soccer and tennis. < Maybe they won't notice that 1 still don't know what I want to do.)

EXPERIENCE: FOOD & BEVERAGE SUPERVISOR; Coordinated production of kit­ chen help, met clients special needs and performed marketing activities. (Worked for Burger King as a shift captain. Special needs means "Hold the pickle, bold the lettuce"...>

ADMINISTRATIVE ASSISTANT: Actively assisted entrepreneur in developing new sales strategy for $5 billion company (Helped Dad make telephone calls to sell insurance for State Farm.)

NORWAYPAKISTANPHlLIKPINKbPOLANDPWRTIGALKOMANIA

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Management InternshipsThere will be a meeting for students in­

terested in participating in the THL'N'DERBIRD GRADUATE MANAGE­ MENT INTERNSHIP (W.B. »3 and W.B. 591 INTERNSHIPS! during Summer Term, 19® This meeting will be held at 1:30 p.m on Monday. February 11,1985, in theThunderbird Auditorium.

The THUNDERBIRD GRADUATE MANAGEMENT INTERNSHIP is organized into two regularly offered courses. W.B 591 provides part-tone {parallel) and W B. 593 provides full-time (alternating* internship experience, to both cases, students work on a meaningful, professional-level job with industry or government.

A student information sheet further ex­ plaining the program and description of

aVailotuc are OTi QJC iB uk:

be present to

Placement Center Library

Returning interns will discuss their experiences.

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Page 5: International Banking Redefined · deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag gressive marketing

Book CoopFor those who did not pick up unsold

books on Monday, Feb. 2, you have another opportunity to claim them. Any books not picked up before Feb. 20 will become pro- party of the Book Coop and the money from the books will be donated to the school. Books may be picked up in the TV lounge next to the post office on the follow­ ing days: Monday and Tuesday, Feb. 11 & 12, Monday and Wednesday, Feb. 18 & 20, The hours for pickup are 1 :»-2:30 PICK UP YOUR BOOKS.

AA MeetingAA meeting-

8:00 pm A-V1 (next to Aud. > Tuesday, Feb. 12th

Lecture Series cont.Feb. 11 - Monday, 1:30-2:20 p.m. - Thunder- bird Auditorium; Topic: Thunderbird Graduate Management Internship; Sneaker: D.R. Belisle, Director, Internship EducationFeb. 13 - Wednesday, 1:30-2:20 p.m. - Thunderbird Auditorium - MANDATORY FOR ALL FIRST SEMESTER STUDENTS. This lecture will be given twice in order to accommodate all first semester students' schedules. Topic: Introduction to Career Services: Speaker: Carol Hazelett, Direc­ tor, Career ServicesFeb. 14 - Thursday, 5:15-6:15 p.m. - Thunderbird Auditorium - MANDATORY FOR ALL FIRST SEMESTER STUDENTS. Topic: Introduction to Career Services; Speaker: Carol Hazelett, Director. Career ServicesFeb. 25 - Monday, 1:30-2:20 p.m. - Thunder- bird Auditorium: Topic: Career Plann­ ing/Objective/Battle Plan/Research: Speaker: Carol Hazelett, Director, Career ServicesFeb. 27 - Wednesday, 1:30-2:20 p.m. - Thunderbird Auditinum; Topic: Resumes (Preparation/Use) awl Cover Letters; Speaker: D.R. Belisle, Director, Internship EducationMar 4 - Monday. 1:30-2:20 p.m. - Thunder- bird Auditorium; Topic: Interviews/Selec­ tion Process/Corporation Flybacks; Speaker: D.R. Belisle, Director, Internship EducationApr 17 - Wednesday. 1:30-2:20 p.m. - Thunderbird Auditirium; Topic: Job Search After Graduation; Speaker: Carol Hazelett, Director. Career Services

Mandatory Lectur for First Semester Students

All first semester students intending to use the Career Services Center must attend the MANDATORY "Introduction to Career Ser­ vices" lecture. Placement registration cards will only be banded out at that lecture. See schedule above for time and date.

Is AA for you?Confidentiality Maintained

Only you can decide whether you want to give A.A. a try whether you think it can help you,

We who are in A.A. came because we finally gave up trying to control our drink­ ing. We stll hated to admit that we could never drink safely. Thai we heard from other A.A. members that we were sick. (We thought so for years! > We found out that many people suffered from the same feel­ ings of guilt and loneliness and hopelessness that we did We found out that we had these feeltap because we were sick with alcoholism

We decided to try and face up to what alcohol had done ot us. Here are some of the questions we tried to answer honestly. If we answered YES to four or more questions, we were in deep trouble with our drinking. See how you do. Remember, there is no disgrace in facing up to the fact that you have a pro­ blem.1. Have you ever decided to stop drinking for a week or so. but only lasted for a couple of days?2. Do you wish people would mind their own business about your drinking stop telling you what to do?3. Have you ever switched from one kind of drink to another in the hope that this would keep you from getting drunk?4. Have you had a drink in the morning dur­ ing the past year?5. Do you envy people who can drink without getting into trouble?6. Have you had problems connected with drinking during the pasl year?7. Has your drinking caused trouble at home?8. Do you ever try to get "extra" drinks at a party because you do not get enough?9. Do you tell yourself you can stop drinkingany time you want to, even though you keepgetting drunk when you don't mean to?19. Have you missed days of work because ofdrinking?11. Do you have "blackouts'' ?

Feb. 11,1915-DAS TOR-5

Career Corner...brought to you by Career Support Committee

The Career Services Support Commit­ tee, a student committee of the ASLC. is the liaison between the Career Services Center and the student body. As an addi­ tional means IB keeping AGSlMs aware of and up-to-date on job search information this weekly column will provide you with helpful hints and interesting bits of news concerning your career hunt.

Career books - they are a good source of information and also offer a wide range of ideas. The more you know, the better off you'll be at that important time. Take a look at these NOW before your other books are the ONLY ones you have time to read!'

What Color is your Parachute by Richard Nelson. Considered by many to be the New Testament of career planning. Bolles's book preaches that career plann­ ing is a lifelong process requiring active introspection and research. The "Quick Job-Hunting Map", an appendix to the book, creatively shows you how to identify your hidden skills, values, and interests in order to then identify the kind of career or major you should pursue.

The Complete Job-Search Handbook by Howard Figler. Offers the quickest and most enjoyable way to plan a career and find a job. For each kind of career pro­ blem. Ptgler outlines shortcut solutions He also addresses the problem called "I've been in school and have little work ex­ perience." There's special advice for the shy and for people job hunting by "remote control" from places miles away from their desired job locations Who's Hiring Who by Richard Lathrop. Lathrop gives you the tnck to it all find out what an organization's problems and needs are. and show the organization that y-ju can solve its problems and fulfill its needs. Lathrop's resume samples zero in on the specific problems of college grads.

He also teaches you bow to write effectivecover letters and stresses that those letters should be creative enough to tare the reader to take not iceGo Hire Yourself an Empioyer by R;chard K. Irish. Answers questions abort the myths of career planning Does grad school really mate you more marketable? Offers resume tips, including ways to translate your past experience Wo resume jargon. And he teaeHes yoa to in­ terview tte interviewer and not vice versa. For the busy student, this concise book may be very worthwhile. Sweaty Patas: The Neglected Art of Be­ ing Interviewed by Anthony Medley. You've got the Jot» interview and you also have cold feet about the interview. What happens if the interviewer stops talking and starts staring? What should you wear? How do you answer personal questions about your love life? Can you tell little. white lies'* How do you negotiate for salary-? Reading Sweaty Palms will prepare you for all these sticky situationsand more.

All of these books are available in theCareer Services Library.GROUP MEETINGS - open to all in­ terested students:Mon.. Feb. 11 - Goodyear Intl. 8a.m.-AVlMon.. Feb. 11 Bank of Nova Scotia -7p.m.-Aud.Wed,. Feb. 13 - Martens Corp. - 7p.m.-Rm,21Thurs.. Feb. N Valley NaU. Bank of AZ"p.m.-AudMon., Feb. 18 - American Express - S p.m.-Aud,Tues.. Feb. 19 - Manufacturers HanoverTrust Co. -Sp.rn.-Rm.2lTues.. Feb. 19 - Continental Grain Co. - 7p.m,-Rm.21Wed.. Feb. 20 - Continental Illinois Bank - 5p.m.-Aud.

• Computer searches on any subject Select from many references• Document retrieval• Available within 48 hours

"information specialists" 266-0403

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BECOME MRl'OF THE FUTUREOF A NEW WORLD:

GLOBAL INVESTMENT BANKINGThe future of investment banking is, unquestionably, global.

And one institution atone stands for Global Investment Banting: Citicorp Investment Bank.

Right now, Vckers Da Costa, a subsidiary of dtJcorp, is looking for entry level investment banking associates in Japan.

The Japanese Ministry of finance and the U.S. Treasury recently made an important agreement which accelerates fl» growth of mest- merit banking in Japan. By entenrg this field now, you could acceterate your own future success.

If you have an MBA degree (orequivalent work experience), fluency in Japanese, and, if possible, securities or investment-related exper­ ience, send a resume to Pamela Brown, Citicorp Imestment Bank, 399 Park Aenue, Whftoor, New fork, NY 10043.

The future is global investment banking. And you could be a part of it now.

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Page 6: International Banking Redefined · deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag gressive marketing

*—DAS TOR—Feb. 11,19«5

Valentine

CoupleOur nomination for this year's Valentine's Day couple is given to Professor Dick Mahoney of the IS department and Chan­ nel 3's anchorwoman Mary Jo West. New Times beat us to it but we want to offer our congratulations According to our sources, they are tying the knot. Our resident politico sure does know how to stay on lop of the media

Mary Jo Westf

Dick Mahoney Jf

More Greetings From The OfficersAcademic Affairs (.hairnian

Welcome back. T-birds, to the academic grind. Aftger several semesters of dramatic debate over academic standards and the future of the "Thunderbird Mysti­ que", a number of important steps have been taken for the continued progress of AGSIM. The core curriculum has been ap­ proved by the faculty senate and will go in­ to effect in the Fall of '85. Administration, faculty and students are aware of the danger of "grade inflation" and the need to upgrade and maintain academic stan­ dards for the future of the school and our professional marketability.

1 have been very impressed by the awareness of the administration, faculty

and students to the real problems facing AGSIM and their collective willingness to bite the bullet" and do what is necessary.

During its 38 year history, from AIFT (American Institute of Foreign Trade) to AGSIM. this school has continued to im­ prove its standards and its reputation while maintaining its unique position among graduate schools.

Anyone who would like to serve on the ASLC Academic Affairs committee or has suggestions to make may contact me

ASLC Viee-PresidentHi. my name is John Bloomquist. I

would like to welcome all new and old students to AGSIM and wonderful Glen- date. It is very important for any student government to have input from the students in order to work and solve any problems that may arise within the stu­ dent body, the faculty, and administration. I would like to take this opportunity to en­ courage all students to stop by the ASLC office. (Next to the post office), to become involved and/or to voice concerns. As Vice President. I am responsible for clubs and club activities. It is important that our work/study environment be mixed with some fun and culturally stimulating ac­ tivities. If you have any suggestions or even advice for improvement, please con­ tact me. My office hours are posted in the ASLC office. Don't stand in the background and accept things as they come. Plan to be involved and set the course for the future. I am excited about the upcoming semester. Let's make it a great one! John Bloonu|uist

Prize Papers CompetitionThe National Association for Campus Ac

tivities announces its first Prize Papers Competition offering cash prizes totaling S1.290, according to Chairman of the Board of Directors Max V. Vest. Open to undergraduate and graduate students, as well as faculty or staff of a business related to the college entertainment market, the competition is designed to recognize outstanding research and opinion papers in the field of campus activities.

Competition papers must be original, un­ published works on a topic about or related to campus activities programming, such as management, volunteerism. leadershiptraining and development, fine arts, dim'video, contemporary entertainment, travel, recreation leisure. proie^Mor.ai ri- ivwpment and special constituencies

Papers must be eight to fifteen pages, typed and double-spaced.

Cash prizes of $250 and $150 will be award­ ed for first and second place winners, respectively, in each of the three categories ol undergraduate, graduate, faculty or pro­ fessional staff. Papers will be judged by an anonymous panel on these criteria: originality and research, usefulness and ap­ plicability to the field of campus activities, content, composition and writing style, and thoroughness

Kntry deadline for the competition is July I, Ht8.~> Winners will be- announced on or about September I. i<fK>. and winning en­ tries will be published in a Prize Papers Competition issue of Programming in December 1S»8."> For further information, contact \AC.A. P O Box 6828. Columbia. SC _".<>iU. 8UJ-7H2-712I

through the ASLC office or my P.O. Box 170

As we enter this relatively quiet and studious semester, 1 hope that the Academic Affairs committee will have an opportunity to focus on problems that may have been neglected in the recent, more vociferous, semesters. A number of sug­ gestions have been made on ways to im­ prove student/faculty relations, and I would appreciate input from students or faculty on this subject, or on any area of academic affairs that you feel could benefit from our attention.

Warren Bradshaw Academic Affairs Chairman

The KillerB\ Lisa Lobur

and tht- 84 IKKT Class

To all who take finance next term We have advise to give: Beware of one called "killer" Who mav not let vou live.

If you survive, your grades will not His class the best we know To make you leave finance behind And into marketing go.

If one should be conservative And not hold labor dear. There's sure to be a wild shout "You Facist" in your ear.

If no one knows the answer The subject hard thus far. Sure enough out comes the phrase: A Njnc^ oOfliterate^ y>*j 3n? "

We cannot claim the worst For he has his good points too. He really knows his finance From which our knowledge grew.

He's brilliant and he's tough So you better just prepareBut we promise that you'll fearn If you take the time to care.

Please support the* AMERICAN GVNCER SOCIETY

More people have survived cancer than now live in the

City of Los Angeles. We are winning.

Page 7: International Banking Redefined · deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag gressive marketing

CarnavalCarnaval Enlightenment

by Roberta Machado. a secretana do clube

With Carnaval '8S/Fantasy AtTAK less than 2 weeks away on Saturday, February 16th. 9 PM to 2 AM at-TAC < now you've got it!!), the Portuguese Club wanted to "set the mood" with a little enlightenment on an event which promises to be f antastico!!

Below is my translation < plus a few other little tidbits) of Carnaval information taken from the chapter. "Brazilian Music", writ ten and published by Selense Language In­ stitute.

Carnaval. the grandest and most popular party in the world, was introduced by the Portuguese under the name. "Entrudo". and was originally characterized by a religious procession marking the coming of Lent, the Christian holiday of penance observed for the forty days preceding Easter. Many pre-Lent festitivities arc celebrated throughout the world at the same lime as Carnaval i.e. Faschmg in Germany and Mardi Gras in New Orleans.

In Brazil. Carnaval metamorphosed into a monumental festival celebrated in every nook and cranny of the country In Rio de Janeiro, "a Cidade Maravilhosa". the city parties for four days and four nights - an event unparalleled by any other under the Mm; it is 3 .T.agnificaiu expiosao 01 which members of even' social class take part Whilst the day-to-day activities of the city are put on hold, more than five million peo­ ple, enveloped in the warmth of a tropical sun and donned in the most brilliant and ex­ otic of costumes, sing, dance, and parade in the streets which are adorned oh so festive­ ly

From everywhere can be heard the music of Carnaval: the quick, cheery march of the "cordoes" dines of musicians) andthesam- ba. sweet and sentimental. Around 1500 musical compositions are written for each Carnaval - some of a romantic flavor, others which poke fun at social customs., and still more with reference to the year's most sen­ sational news. Much of the music is per­ formed in a burlesque-type manner and is coasidered by some to be obscene. For those who are "not amused", their option is to in­ ter themselves for the four days in religious institutions or to travel to the smaller cities of the interior where the festiviUe^^re "in-f

Feb. 11, ins—DAS TOR-7

significantes" in comparison to those of Rio and other big cities The samba schools, clubs made up of 'ordinary folk", descend from the hills and the "favelas" < slums i for the grand party of the people As they parade through the avenues on Carnaval Monday, each school presents their magnus opus of music, handmade costumes and choreography, all motivated by a specific theme - an event for which the group has been planning all war. The signing is ac­ companied by instruments characteristic of Afro-Brazilian music: the "tambor" i drum . the "tarnbonm" (sort of like a mini-drum played with one stick i. the "pandeiro" (tambounne>. the "reco-reco" i? i. the "chocalho" <a type of belli, and the "cuica" i a kind of echo box).

For the Brazilian, Carnaval is a spon­ taneous liberation from the daily routine. The revelers enjoy themselves totally - they

*> dance in the streets, they sing, they make

noise, and they exhibit unique costumes Carnaval. four days of happiness and en chantment. is well expressed in this popular phrase: "Entre no cordao e esqueca as magoas " or "Come and party and forget your sorrows

Ash Wednesday arrives It is the end of Carnaval At dawn, the city is dead It is the largest "ressaca". or hangover, of the year. At noon, the shops begin to open their doors The merrymakers have already taken off their masks The reality of life returns: the princess of the parade returns to the kit chen: the emperor, still sleeping, drives the taxi in Copacabana < Remember, feminists. I'm only the translator >

Keep in mind...Thunderbird's escape from reality is set for the 16th. Just imagine what fun we'll have packing four days worth of revelry into 5 hours. Yeah!!

On behalf of the entire Portuguese Club, hope to see you there.

Carnaval Costumes

by Warren Bradshaw Portuguese Gub President

.Around the world, one universal aspect of Carnaval celebration is the elaborate costumes This year, the Portuguese Club is planning an exceptional party and is en­ couraging everyone to get info the spmt of Carnaval with really outrageous costumes

The Carnaval theme this year is "Fantasy AtTACk" which leaves tots of room for im­ agination and originality There will be prizes given for Best Costume. Smallest Costume. Best Interpretation of the Theme. Funniest Costume (each with male and female counterparts >. Best Group Effect PLUS a $30 grand prize for the Best Crowd Pleaser The party will be in the TAC ' if you haven't already guessed i and a coat check service will be provided - so don't worry about the cold'"

For those interested in the best place to nt or buy costumes or costume materials, here are a few recommendations

Arson* Ctolume Mouse 4240 N 19th Ave Largest and fanciest selection; deposit re­ quired Prices $:£> and up 10% discount to T birds Also has a big selection of special accessories, materials, etc

Character Costume Co. 2S2U N isih Si This guy is really going after business offer­ ing special group rates t$3S - your choice) and sen-ices 2U% discount to all T-birds i Call Warren x~494 for info»

Trotter Brothers Theatricals - 620 W Van Buren Another good selection. The are changing locations soon and will sell costumes at 50% off. Prices $35 and up. will negot late group rates and discounts

Costume Originals - 2221 C. Indian Schoo, A smaller operation; she makes her own costumes and will negotiate a good deal G roup rates of $25 - your choice. And of course there is the good ale Salava- tion Army or St. Vincent dePaul plus lots of imagination.

W.E.B. DuBois (1868-1%3)Educator/ Writer

Booker T. Washington (1856-1915)

Educator

Dr. Martin Luther King, Jr (1929-1968)

Minister/Civil Rights leader

N-obel Pn/e Winner

George Washington Carver (1864-1943)

Agricultural Scientist

Harriet Tubman (1820-1913)

Clack Hiitory Month. Frederick A. Douglass (1817-1895

Orator/Publisher

Page 8: International Banking Redefined · deposits are mostly a vestige of the past, and with healthy loan opportunities far and few, are witnessing a trend toward ag gressive marketing

S-DAS TOR-Feb. 11,19S5

Gatch a Tour of the Career Services CenterCareer Service Support Committee will be

conducting tours of the most important place at AGSIM. This is a good opportunity for you to be introduced or reacquainted with the Center. You will learn about job postings, library resources, recruiting pro­ cedures, and much, much more. Tours will be conducted on an informal basis; that is come as vou are, when it is most convenient

for you! The tours last only 20 minutes. So.. Catch a tour of the Career Service Center

TOL-R TIMES:Feb. 13, Wednesday 9 30.10:00,2:00.3:30 Feb. 14, Thursday9:30.10:00.2:00.2:30 Feb. 15, Fnday 11:00.11:30.1:30. 3:00 Feb. 18, Monday 10:30.11:00.1:00.2:30 Feb. 19. Tuesday 9:00.11:00.3:00.3:30

Fill in the BlankThe blank space in this newspaper needs

to be filled. Your contributions of news stories, letters to the editors, prose, etcetera is what makes DAS TOR more than DAS RAG. We don't want this publication to be all advertising, nor do we want to hog all space with copy generated solely by the staff For these first two issues we did receive letters to the editor, the first issue instigated follow-up letters for today's issue. Those writers are to be commended for their editorial-efforts.

The staff members of this weekly are en­ thusiastically encouraging the student body by word-of-mouth to put pen to paper. Ver­ bal editorializing in daily conversation is rampant on this campus: unfortunately, few are willing to express these important observations and opinions for all in the one public forum we have. The two editors have already received feedback for constantly badgering people to contribute copy

Students have come up with numerous sug­ gestions for copy. By doing a minimal amount of research, one can gather enough information for a story. We need some good international business-oriented copy to keep us reminded of the fact we are a business school. Professor Dickie of the W.B depart­ ment has provided us with good copy in the past, and staff member Jim Begin wowed us with his international banking insights this week We will certainly see more from both of these prolific writers/business-heads.

Enough said.

For those of you who missed it in campus notes, we are having our first 'reporters club" gathering this Fnday to introduce those who have never visited us, to the lux­ urious DAS TOR suite It will be a happy hour of .sorts, starting around 5 p m and refreshments will be served' All are welcome

- Betsv Carr

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to Uwacr.

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rrv tM* on rSr wfrk-

«-nJ . >* *e a: «our ov?» ri*- . (T-w r i-*fe lrxr^a>«-<" df J-Uit i i .11 3 v .t«i ^«ir>1.l% n;rur •>»vs,*s )

Seven Ways To Avoid Getting A Ticket...

bv Beau Kennedy Ombudsman

Above is a map that Dick Groves, our previous Ombudsman, drew up last semester. It shows where parking is available to students and where it is reserv­ ed for our faculty and staff. It's a good idea to study the map now so you don't have to learn from experience. Our Campus Securi­ ty really does try to give students a break, but they still have to give tickets. A club is a better way to spend your money. So. "let's

be careful out there."

Intramurals will be starting soon. If you are interested in putting together a team, in­ formation should be in next week's paper. I hope everything is going well. If you have any suggestions or if I can answer any ques­ tions you can n»arh m» 3* 843 8575 or through campus box No. 1536 Until next time...

ClassifiedASK FOR BERNADETTE. your student travel agent at Global Travel. Free Delivery, Financing for flybacks, and cheapest rates. Office: 843-3900. Home: M3- 8468. Box 722.4352 W. Thunderbird.

SPANISH STUDENT (SP 401) seeks native speaker of Spanish for conversation. Will trade for English instruction. Michael 978- 7391. Box 20%

FEMALE ROOMMATE NEEDED:

Great cosy two bedroom apt. over at Villas Glendale. Five minute bike ride to school. It is all furnished with TV. stereo, kitchenware and community pool. No landlord problems! There is parking reserved for you. It is a very quiet, clean neighborhood. Rent is only Sieo.oo/month plus utilities! Please call 938- 2460. (usually you can call after 10 p.m. too i

10% Discount to all AGSIM studentsAGSIM Staff & Faculty

(I.D. Required)Complete Domestic & Foreign Car Service

Towing & Insurance Work Available

CHASIAIN'S fiUIO SIBYICE, IK. 6826 N. 56th Ave.Just South of Glendale on 56th

937-3051

calls to campus

Open Mondays thru Friday7a.m.to6p.m.

Saturday 8 a.m. to noon* SERVING T-BIRDS SINCE 1968 •

CONSTITUTION t>AY' F£B 5'

^QUEBEC'v>1Vfnter Carnioal'

BALLROOM DANCE LESSONSWoltz. Foxtrot. Swing,

Cha-Cho, Rhumba. Tango, Polka, etc.Starts Monday, Feb. 25

Every Mon. of 7 pm in the Sobo Lounge. 8 weeks $20

"Dancers Are Made. Not Bom "Sid and Morsha Levine, Dance Instructors

Sign Up At ASLC Office Today

^ { IH\I ^ H

I new veAR I• ,-IIAK Of THI 0\l •

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PROFESSIONAL RESUMES AT A REASON ABLE COST

$15.00 FOR ONE-PAGE RESUMESALSO OFFERING:

• consulting/writing services • typing service • copy facilities

CALL WINDY today at 866-0826THE RESUME STUDIO(in the Lincoln Plaza. Suite 104)_____

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