THE UNIVERSITY HARLEY KANSAS
NEWS
5A
COMPUTERS
(CONTINUED FROM 1A)
ria State University since 2005. Of the three, the University had implemented the fewest policy recommendations.
Rep Virgil Peck (R-Tyn), chairman of the legislative post audit committee, said he was "disturbed" by the University's lack of effort to correct the problems noted in the 2005 audit.
Peck said the problems had the potential to affect sensitive information of students and faculty members at the University.
"It's like they didn't take us seriously at all." Peck said.
Scott Frank, audit manager for the Legislative Division of Post Audit, said most of the 33 recommendations were kept confidential for security reasons. Many recommendations were discussed in the
committees' executive session and sent to the universities privately.
Bill Myers, director of assessment and outreach for information services, said the University would meet all 33 recommendations by the legislative committee's January 2010 deadline.
"We've made progress on them," Myers said, "They're just not complete"
The University has 11 recommendations in draft form, according to the report. Myers said the size of the University made it a difficult and lengthy process to implement new policies.
Myers said the policy recommendations did not indicate compromised security or problems with students' or faculty members' records. He said information services had not had a security breach in more than five years.
ommandment that the University hadn't followed through with was increased security training for central and departmental technical staff. Frank said the University had drafted new computing policies, but had not implemented them vet.
"We're continually enhancing our computer safety," Myers said.
"While drafts indicate progress, it's been three years and these aren't super controversial things we're addressing here," Frank said.
Frank said an example of a rec-
Frank said some of the audit's recommendations addressed potential computing problems with network access and hardware security. Although the recommendations are not binding, Peck said the University could face consequences if upcoming deadlines were not met.
"We can always do things when it comes to funding." Peck said. "We can delay it or withhold it. So, we've got a hammer here."
Peck said he was unsure as to whether the University was serious about correcting potential computing problems.
by the numbers
In a follow-up to a 2005 computer-security audit, the state reported the progress of the three audited universities.
Kansas State University Implemented 7 of 33 recommendations
University of Kansas implemented 5 of 33 recommendations
Emporia State University Implemented 28 of 41 recommendations
"They appear to be cooperating," Peck said, "but we're going to wait and see."
Edited by Sonya English
be disciplined and you also learn to be hard-working.
Softball coach Tracy Burge was inducted into the Kansas Athletics Hall of Fame as an athlete in 1987. Burge, who played four years of softball at the University, said she had seen a growth in opportunities for women in athletics throughout
40 YEARS (CONTINUED FROM 1A)
the past 35 to 40 years.
"I am so grateful for the people who came before Title IX in women's sports," Bunge said. "You look at women's sports starting when they did 40 years ago; they weren't funded hardly at all, they were an afterthought, and then Title IX hit all of a sudden and as a result of that, we are where we are today."
Katie Brosious, Keller, Texas senior, rower, witnessed the improved facilities for women's sports during the past four years.
Brosious said the boathouse was a prime example.
"The boathouse was being built around the same time the new football facility was built so I think this is one example that men's and women's sports are equaling out," Brosious said. "I think this is probably the biggest example because this was the biggest step that the Athletics Department had taken for a women's team in a long time."
In addition to the facilities;
"We've seen a growth obviously in facility improvements, financial growth and the commitment of the Athletics Department and the University to all women's sports," Bunge said.
other upgrades have been made to improve women's athletics. Bunge said when she arrived as coach, the salaries for coaches were some of the lowest in the Big 12, but had improved greatly.
Edited by Realle Roth
GOVERNMENT
AIG to receive fourth bailout this week
BY IEVA M. AUGSTUMS
Associated Press
The new infusion is intended to prop up AIG - once the world's largest insurer - as it expected to announce 600 billion in quarterly losses early Monday, a person said on the condition of anonymity because the discussions are still ongoing.
CHARLOTTE. N.C. Struggling insurer American International Group, inc., will receive up to $30 billion in additional federal assistance in the fourth government rescue of the company, people familiar with the matter told The Associated Press on Sunday.
The company, which is considered too large to be allowed to fail, previously received about $150 billion in loans from the government, which currently holds an 80 percent stake in the company.
AIG has already received $40 billion from TAPR.
Under the new deal, the U.S. Treasury and the Federal Reserve would provide about $30 billion in fresh capital to ALG from the government's Troubled Assets Relief Program, or TARP. The money would be provided as a standby line of equity that ALG could tap as its losses mount, the person said.
The new plan also calls for the Federal Reserve to take stakes in two international units, the person said.
Instead of paying back $38 billion in cash with interest that it has used from a Federal Reserve credit line, AIG now will repay
that amount with equity stakes in Asia-based American International Assurance Co. and American Life Insurance Co., which operates in 50 countries.
The $20 billion to $25 billion remaining on the Federal Reserve credit line will be available for borrowing, the person said.
In order to strengthen the company, AIG also plans to combine its U.S. and foreign property-casualty insurance operations into a new unit, with a new name and separate management, the person said. About 20 percent of the property-casualty business would be taken public.
To further reduce its debt, AIG will turn $5 billion to $10 billion worth of debt into new securities backed by life insurance assets.
The decision to approve a third revision of the AIG bailout is a continued bet by the federal government that there would be even greater risk to letting AIG fail, a person familiar with the Treasury's decision told The Associated Press on Sunday.
Federal officials feared that a bankruptcy of AIG could be disastrous for the global economy, which is in worse shape than it was six months ago, the person said, requesting not to be named because the talks are ongoing.
Nearly six months after American International Group Inc. got its first massive bailout from the government, it is still stumbling. Expectations are that AIG and the government will announce soon, maybe Monday, their latest plan to drop up the company.
AIG spokesman Nick Ashooh declined to comment on the rescue package. The Federal Reserve Bank of New York, which is handling the government loan, did not return requests for comment Sunday evening. Treasury Department spokesman Isaac Baker also declined to comment.
The company's board met Sunday to vote on the revised bailout plan.
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AIG has been forced to seek more help in part because of the ongoing recession and its falling stock price, now well under $1. Among its biggest problems: It can't sell assets to pay back government loans because the credit crisis is preventing would-be buyers from getting financing to complete such deals.
In November, the U.S. government restructured previous loans provided to AIG, giving the company about $150 billion in
total as part of a rescue package to help the insurer remain in business amid the worsening credit crisis. That package replaced earlier loans, including the original $85 billion lent in September, after it became apparent the insurer needed more funds.
Shares of AIG closed at 42 cents on Friday. The stock, which traded at $49.50 a year ago, has lost nearly all of its value since the market meltdown began in September.
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