December 14, 1998 Volume 88, number 12 Prev | Next | Index Contents • Spies asks real-world questions • History professor testifies for Clinton • Words of the one, words of the other • Graduate student plays ocarina -- professionally • Calendar • Grants available • In print • Athletics Update • Employment Happy holidays! This issue of the Princeton Weekly Bulletin covers four weeks, December 14 through January 10. The copy deadline for the next issue, which covers January 11 through 31, is Wednesday, December 30. Editor:    Sally Freedman Associate editor:    Caroline Moseley Calendar and    production editor:    Carolyn Geller Contributing writers:    Mary Caffrey,    Justin Harmon,    Ken Howard,    Maria LoBiondo,    Peter Page Photographer:    Denise Applewhite Web edition:    Mahlon Lovett The Bulletin is published weekly during the academic year, except during University breaks and exam weeks, by the Communications Office, Stanhope Hall, Princeton University, Princeton NJ 08544. Permission is given to adapt, reprint or excerpt material from the Bulletin for use in other media. Subscriptions. Anyone may subscribe to the Bulletin. Subscriptions for the academic year 1998-99 are $24 ($12 for Princeton parents and people over 65), payable in advance to Princeton University. Send check to Communications, Stanhope Hall. All members of the faculty, staff and student body receive the Bulletin without charge. Office of Communications Stanhope Hall Princeton University Princeton NJ 08544 USA Tel 609/258-3601 Fax 609/258-1301

Spies asks real-world questions How are stocks and bonds priced? What factors might determine asset allocation? How do you take account of risk and uncertainty in making financial decisions? And how in the world is interest compounded?     These are among the very real-world questions addressed in Introduction to Financial Economics, a course taught by Richard Spies, who is vice president for finance and administration and lecturer in economics. [>>more] History professor testifies for Clinton From the New York Times, December 9, 1998 The White House opened its formal defense of President Clinton Tuesday, addressing in greater detail than before the facts and issues of the impeachment case against Clinton.     Clinton's lawyers and three panels of anti-impeachment witnesses conducted a grueling day-into-night tutorial for the 37-member committee on why Clinton should not be removed from office for his admitted misconduct in the Monica Lewinsky affair.     The morning session before the committee included scholars from Harvard, Princeton and Yale who had previously expressed opposition to impeachment, as well as Nicholas deB. Katzenbach ['43], who served as Attorney General under President Lyndon B. Johnson.     Sean Wilentz, professor of American history at Princeton, angered several Republican members of the committee by warning them that what he characterized as an unjustified vote to impeach Clinton would bring them the opprobrium of history. [>>more]   Traditional Jewish texts and reference books in the Bet Midrash Words of the one, words of the other It's 7:45 a.m., and all the chairs are taken. Around the table are professors of chemistry, economics, philosophy, physics; an editor; a business manager; an administrative assistant; and a rabbi.     "'Over and above all, there is the question of 'opening,' of life and meaning,'" says the rabbi, reading from The Burnt Book, by Marc-Alain Ouaknin. "'It is a somewhat political question, since it is the place where liberty takes root and it provides the most striking expression of the refusal of closure. The Talmud is the 'anti-ideological' discourse par excellence.'" [>>more] Graduate student in Atmospheric, Oceanic Sciences is also a professional ocarina player A sound "much like a baroque flute" Giulio Boccaletti, first year graduate student in the Program in Atmospheric and Oceanic Sciences, plays the ocarina professionally. He performs both as a soloist and as a member of the Gruppo Ocarinistico Budriese, which is based in his native Budrio, Italy.     The ocarina is a flute-like instrument made of clay and shaped something like a sweet potato. [>>more] Isles campaign President Harold Shapiro (l) hosted a reception at Prospect December 3 to benefit the $3.5 million "Building Communities" campaign for the Trenton-based housing and community empowerment agency Isles Inc. With Shapiro are campaign chairs Samuel Hamill (r), Dan Napoleon and Isles founder Martin Johnson '81. (photo courtesy of The Times of Trenton)

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