Kelley School stock analysts demonstrate value\nFor more than 15 years, about 20 second-year students for the IU Kelley School of Business managed a stock portfolio. This year the analysts, who manage the Reese Fund portfolio, saw a 5.9 percent return on their investment.\nThe portfolio was established in 1986 with a gift of $100,000 from a successful Kelley alumnus. Despite the portfolio having bad years, the value has grown to $445,000.\nAccording to the IU news Web site, Charles A. Trzcinka, the James and Virginia Cozad professor of finance and director of the Kelley School's Investment Management Academy, the fund grew by about $27,000 last year. \n"This year, I think they were well-prepared, and they chose a wide variety of stocks. They weren't all concentrated in one sector or even one type," Trzcinka said. "They had some choices that were not common -- they weren't darlings of Wall Street. They had choices that some people knew about but were less covered by analysts, which means that the market may discover them. If they discover them while we own them, then we're happy campers."
IU adminstrators meet to discuss \nstate legislation \nIU administrators will discuss state legislation at 10 a.m. today in Bryan Hall 200. The group will include IU vice presidents, chancellors and other campus leaders. The group is meeting several times this month.\nFor information on how to call in to the teleconference, contact Larry MacIntyre, director of IU Media Relations, at 856-1172 or lmacinty@indiana.edu.
Iraq's ambassador to U.N. to visit IU Law school Monday\nFeisal Istrabadi will discuss the current situation in Iraq at noon Monday in the Moot Court Room of the Law School. The IU School of Law alumnus and Iraq's ambassador to the United Nations was the principle drafter of Iraq's interim constitution.\nIstrabadi returned to his former home, Iraq, to serve as vice president of the Iraqi Forum for Democracy and as an adviser to a member of the country's Governing Council. A former Valparaiso lawyer, he helped draft an interim constitution that would reconcile Iraq's divided religious and ethnic groups. The constitution also extended rights and liberties to Iraqi citizens, who had not known those freedoms under Baath Party rule. The constitution was approved in March 2004 and established a legal structure for Iraq until a permanent constitution is drafted. \nIstrabadi was born in Virginia but lived in Iraq for part of his childhood. He is currently on leave from his Valparaiso law practice to serve as the deputy permanent representative of Iraq to the United Nations. Istrabadi's paternal grandfather, Mahmoud, was a member of the assembly that wrote Iraq's first constitution in 1925. \nIstrabadi earned both his bachelor's and doctoral degrees from IU.
