Maroon

              THE LOYOLA MAROON VOLUME 69, NO. 7 LOYOLA UNIVERSITY, NEW ORLEANS, LOUISIANA 70118 October 12,1990 Scariano sues Loyola for damages By Kevin Shank Editor in Chief A year after the university notified him of his suspension from teaching. Dr. Stephen Scariano, associate professor of mathematical sciences, has filed suit against Loyola to recover damages suffered in wake of the suspension. Scariano's suit, filed Aug. 27 in Orleans Parish Civil District Court, seeks reparation for "present and future injury to his professional and personal reputation, mental anguish, humiliation, embarassment, invasion of privacy, and such other damages as may be shown at trial..." Scariano's troubles began last fall when the Rev. George F. Lundy, S J., senior vice president and dean of Faculties, sent a letter to Scariano Ocl 11, notifying him of his impending termination on grounds that he omitted and falsified academic credentials. Lundy's letter also immediately suspended Scariano from the classroom because his "outbursts in the Department of Mathematical Sciences have caused some concern on the part of some people in the Department for their personal safety." After considering the academic charges against Scariano, the College Rank and Tenure Committee in November 1989 unanimously recommended against Scariano's dismissal; in April of this year, the University Rank and Tenure Committee did likewise. Scariano returned to teaching last spring. Scariano would not comment on the suit, nor would his attorney, William Miles. The suit addresses allegations from university officials that Scariano posed a physical threat to others. Security Photo by Charles Baker Got a light? — Will Viramontes, communications senior, shares candlelight with a Tulane student at the Night of a Thousand Stars: Candlelight Vigil Against Hate in the Tulane University Quadrangle Oct. 2. Loyola searches for investments after WWL sale By Kelly Davis Staff writer Diversification of economic resources is Loyola's primary concern after the sale of WWL-TV, the Rev. James C. Carter, S J., university president, said. Carter said the broadcast industry had ceased to be a secure investment base, and Loyola was too heavily involved in that industry. This was the primary reason for the university's decision to sell WWL-TV. Now that Loyola no longer relies on the broadcast industry as a major source of financial support, the university faces a wide range of choices about how to invest its money. Carter said there are two primary goals with regard to future financial moves: to invest with a socially just mindset, and to relieve the burden of tuition increases. Carter said this means finding other investment opportunities that will provide Loyola with the same income level as WWL-TV, but will also offer a much stronger growth rate. Additionally, the university must follow its mission and goals statement and choose companies devoted to social justice, he said. The sale of WWL-TV brought Loyola $102,850,000, John Eckholdt, vice president for Business and Finance, said. Eckholdt said Loyola reinvested $850,000 in WWLTV to buy a five percent limited partnership in the station. The remaining $102 million from the sale of the station, in addition to some other funds, was distributed among six equity managers, who will choose investments for the university, Eckholdt said. The six companies handling Loyola's equity funds are Husic Capital Management, Richard Fontaine and Associates, W. P. Stewart, Columbus Circle, Southeastern Asset Management and Carl Domino and Associates, Eckholdt said. These companies were designated by Cambridge Associates, a Boston consulting firm who has been employed by the Loyola Board of Trustees' endowment Vatican document defines role of Catholic colleges in Church By Charles Lussier News Editor The Vatican has released a new document outlining the identity and mission of Catholic universities to Catholic universities around the world. Loyola received a copy of the document entitled "Apostolic Constitution of the Supreme Pontiff John Paul II on Catholic Universities" two weeks ago. The Rev. James C. Carter, S.J., university president, said he is mostly satisfied with the document, except for an overabundance of regulations in the document. Carter said that over the past 10 years, the document has been revised and improved, and Loyola now meets its present requirements. One section added to the final document addressed the . ,n§ed for g m&ority of Catholic teachers m Catholic universities. According to the document, "In order not to endanger the Catholic identity of the University or Institute of Higher Studies, the number of non-Catholic teachers should not be allowed to constitute a majority within the Institution which is and must remain Catholic." The Rev. Raymond Schroth, S.J., professor of communications, said the stipulation was surprising, but probably won't have much affect on Catholic colleges. "That's one of the things that probably won't be enforced," Schroth said. Carter said he thought that Catholics now comprise approximately half of the faculty, but Loyola does not have the means to find out whether there is a Catholic majority or not "An institution like Loyola would tend to attract more Catholic faculty than not," Carter said. See Scariano/page 7 . SeeJnvestmenU/page 9 rt.wwwwoMniu- -..See .Vaticaa/patf&jfi. ewrwer