Celebrating 100 years of journalistic integrity
Women’s March
Milwaukee event part of larger movement, 250 others across nation NEWS, 4
MUBB’s brotherly bond Matthews comments on long-lasting relationships between players
Volume 104, Number 15
SPORTS, 12
Tuesday, January 21, 2020
WWW.MARQUETTEWIRE.ORG
2010, 2011, 2012, 2014, 2015, 2016, 2018 SPJ Award-Winning Newspaper
Gaps in knowledge President, former provost claim limited understanding of investment in obtained recording By Beck Salgado
beck.salgado@marquette.edu
In an audio recording provided to the Marquette Wire from 2018, university leaders express limited knowledge about university investments and refute negative accusations about involvement with a hedge fund tied to Puerto Rican debt. The recording, created Oct. 9, 2018, and obtained from an anonymous source, refers to the Boston
hedge fund Baupost, which owns nearly $1 billion in sales tax bonds of Puerto Rico’s debts. The recorded meeting occurred between University President Michael Lovell, former provost Dan Myers, chief investment officer Sean Gissal and a group of students. It was provided to the Marquette Wire by an anonymous source, who requested anonymity for fear of retribution from the university. The students formed a coalition to protest the university’s
investments in Baupost. They then held a rally in October 2018 in Westowne Square, asking the university administration to reconsider its involvement with the hedge fund. The coalition claimed the hedge fund was profiting off hurtful measures toward an island recovering from Hurricane Maria, which killed thousands and left survivors without access to basic needs. The recorded meeting came about after students requested to raise the issue with
administrators. Students voiced concern that Baupost, in hopes of buffering the $70 million debt in Puerto Rico, promoted cost-saving austerity measures on the island. These measures could include cuts to the pension system, prison closures, school closures, reductions in subsidies to the University of Puerto Rico, cuts to sick and vacation pay and consolidation of police stations and state agencies, among others.
During the meeting, Lovell and Myers claimed to have limited understandings of Marquette’s investments. Myers was hired as American University’s provost and chief academic officer after his departure from Marquette in October 2018. “I don’t know exactly what Baupost holds or what kind of bonds or how they work,” Myers said during the meeting. See GAPS page 4
Trump visits Milwaukee Students speak against rally Impeachment, health care among protesters’ concerns By Nicole Laudolff
nicole.laudolff@marquette.edu
AP Images/Evan Vucci
President Donald Trump speaks during a campaign rally at UW-Milwaukee Panther Arena, Tuesday, Jan. 14, 2020.
POTUS comes to city for 7th time in office, first in 2020 By Shir Bloch
shir.bloch@marquette.edu
Members of the Marquette community attended a Jan. 14 campaign rally hosted by President Donald Trump at the University of
While President Donald Trump’s supporters packed the University of Wisconsin-Milwaukee Panther Arena awaiting his 7 p.m. speech on Jan. 14, his critics prepared to march in opposition just blocks away at Red Arrow Park. Some Marquette students were in attendence. Among these protesters was Eric Rorholm, a senior in the College of Arts & Sciences and chair of Marquette College Democrats. “I think, generally, Donald Trump has brought an unprecedented level of lowness to the presidency,” Rorholm said. “I believe democrats are looking for someone who can serve as a leader not just in terms of policy but of moral character as well.”
The anti-Trump protest was organized by the Coalition to March on the Democratic National Convention in addition to 12 other groups. According to its website, the coalition is an organization of “left and progressive forces” rallying for liberal ideals at the 2020 DNC in Milwaukee July 13-16. Since being elected in 2016, Trump has operated under his “America First” platform which, according to his campaign website, consists of strengthening border security, repealing and replacing the Affordable Care Act, lowering taxes, deregulating the economy and reinforcing the military, among other goals. Rorholm said he believes health care will take center stage in the upcoming 2020 presidential election. In 2018, the U.S. Census Bureau reported the majority of Americans to be insured under private healthcare plans, meaning most do not utilize healthcare
Wisconsin-Milwaukee Panther Arena. Attendees had to preregister for the free event through the Trump campaign website to get tickets. Due to the number of people registered for the event, organizers sent an email Tuesday morning to those registered advising them to arrive early to secure admission to the event. The event space, which holds 12,000 people, was full. There were
overflow areas where the crowd was able to observe the speech from TVs outside, according to Heavy Inc., a private digital media organization that focuses on news coverage. The Marquette Wire requested media passes for the rally, but did not receive a response. Reporters covered this event from the overflow area.
INDEX
NEWS
ARTS & ENTERTAINMENT
OPINIONS
National MU Day
Museum, meditation
Position still empty
CALENDAR......................................................3 MUPD REPORTS.............................................3 A&E..................................................................8 OPINIONS......................................................10 SPORTS..........................................................12
See TRUMP page 2
Schedule of annual basketball celebration faces change
PAGE 5
Haggerty’s atmosphere to allow students to unplug, be mindful PAGE 8
See STUDENTS page 2
Campus, community suffering from no sustainability coordinator PAGE 10