Editor’s Note: This story is the first installment in a two-part series on University President Emeritus Fr. Edward Malloy’s presence at Notre Dame. This series is also the second of three similar “From the Office of the President” series on the University presidency to appear in coming weeks. During the first semester Fr. Edward Malloy taught at Notre Dame, he taught more classes than any other faculty member at the time. “I taught six sections each semester because I was supposed to teach two semesters of seminar, and I had too many students,” he said. “So in a burst of young enthusiasm, I broke it into six sections. … I taught one seminar from midnight to 2:30 in the morning because I couldn’t find enough available time otherwise. But I loved it.” That semester as a seminar professor was Malloy’s first as a teacher at Notre Dame. His career eventually led him to the Office of the President, where he served from 1987 to 2005. During those 18 years in office, Malloy changed Notre Dame. The number of faculty members increased by more than 500. Notre Dame’s study abroad programs spread from nine countries to 17. He brought more diversity to the University, increasing the percentage of minority students from seven percent to 18 percent of the undergraduate population. Malloy changed Notre Dame. But before, during and after his tenure in the Office of the President, one constant remains. He teaches. As he sat in his office this week, Malloy looked back on his days as a high school basketball player and his one semester as an engineering major, his call to the priesthood on top of a mountain in Mexico and the beginning of his administrative life at Notre Dame years later. He leaned back in his chair, balancing precariously on its two wooden legs. “What I love about teaching in college is it’s a pivotal moment in people’s lives. They’re away from home, they’re refining their talents, they’re preparing to do all these things, choices about what they want to do with their lives, choices about the possibility of marriage and family. So I always thought about what a great opportunity it would be to teach at that level.” At the beginning of his presidency, Malloy decided he would continue to live in Sorin College among students. He would continue to make time in the classroom part of his routine, teaching a class on literature and film for the Department of English. The Board of Trustees bet he would move out of Sorin and change his mind after six months, he said. He never did. “I was always intrigued [by teaching], ’cause I loved my days at Notre Dame, about the possibility of teaching at a place like this,” he said. “I lived out my dream. The teaching style Malloy developed as a professor in English and theology began before teaching even crossed his mind, and it carried through to his leadership style at the head of the University. “I think from the days I was in high school, I was comfortable in public speaking,” he said. “I think a lot of it has to do with being a basketball player, where you can focus on shooting foul shots with all the people waving their arms trying to distract you. … I think you can learn how to focus on the activity as opposed to all the distractions that are around you.” As a teacher and lecturer, the former president stood in front of audiences of students, academics, alumni and others on hundreds of occasions. “I never use a text or an outline or notes,” he said. “So I talk before 10,000 people or 20,000 people or five people, and I mean, I prepare, but I do it from my head. … That’s my style.” Now, Malloy no longer teaches six classes per semester. His one course each term focuses on autobiographical or biographical books and movies, but that style he developed as a young teacher is still important. “I try to make it a true seminar so I get all the students engaged every class, they have to talk every class,” he said. “And I have to shut up the people that talk all the time and some people say nothing all semester, so I have to elicit their participation. So I think I came to appreciate because of that experience the seminar style of teaching.” In the same way he encouraged his students to participate in class and work together, Malloy pushed his administration to be a cohesive team. Everyone gets a turn, everyone speaks up. “I’m very group and collaboration oriented,” he said. “So I like to give a lot of effort to establishing our goals and set priorities and things like that, but then I would entrust the responsibility for the follow-through in different areas of the University to the people who were supposed to be doing it. … I really believe in group effort.” While he never teaches the same material twice, he said he does like to bring the coursework back to a Notre Dame connection. “I think it allows a kind of identification between the students and the student material we’re looking at,” he said. His curriculum has included “What Though The Odds,” an autobiography by Notre Dame alumna Haley Scott DeMaria, who came into his class and discussed the book with his students, Malloy said. “It was just unbelievably good,” he said. “And somebody asked her at the end, after her story of recovery and swimming again and now living a full life as a mother and coach and teacher and all that, what about pain? She says, ‘I live with pain. … But it’s better than all the other alternatives. You move on in life.’ It was a very powerful moment.” One of his former students, Alex Montoya, who has three prosthetic limbs, also became a part of Malloy’s class again when the former president included his book “Swinging for the Fences” in his syllabus. “[Montoya] was a valuable member of the class, but he also taught us something,” Malloy said. “We had to adjust. People had to come to class with him, help him up the steps with his books and all that stuff. Anyway, he wrote a book about his experience, which has a whole chapter on my class, so we used his book too.” But more important to Malloy than teaching his students about other people’s lives are the moments when he gets to learn about their own stories. After years as a University president, a Sorin Hall resident and a teacher, he still works to engage the students he meets in the classroom. “The first class, they have to tell their story,” he said. “We spent the whole class getting to know each other before we start talking about the elements of the class, and it’s a great opportunity. I really get to know my students.” He’s writing his ninth book. He serves on the board for Notre Dame Australia and a number of national organizations. He remains active with local organizations like the Robinson Community Learning Center and the South Bend Center for the Homeless. But for one class period a week, Malloy is still a teacher. “My job description now is I can do whatever I want basically, but I’ve kept teaching because I enjoy teaching,” he said. Tomorrow: Malloy on the voice of a University priest-president, facing controversy under the dome, looking ahead to Notre Dame’s next step at a top-tier college and more.
Paolo Saltarelli, whose tenure as chairman of the first-pillar fund ended in May this year, was pre-emptively jailed this week after Guardia di Finanza, the Italian financial crime police, were told by another suspect that he had received a €1m kickback.Andrea Toschi, former chief executive at Adenium Sgr, Sopaf’s asset management arm, told investigators Saltarelli had been “rewarded” for persuading the fund’s board to appoint Adenium as manager of a portion of the assets.CNPR’s current chairman, Luigi Pagliuca, said in a statement: “I feel humanly close to my colleague Paolo Saltarelli, and I hope he will be able to show he is completely unrelated to this matter.”He added that CNPR’s new governance structure immediately put “enhanced transparency towards trustees and members” as its primary objective.The investigation will establish whether Adenium subtracted CNPR the €52m by shifting the funds to tax havens and then back to the suspects’ bank accounts.Earlier this year, CNPR had said that, in 2012, its board tried to block part of Sopaf’s activities, after it had emerged the company was in distress. Prosecutors also identified journalists’ scheme INPGI and doctors’ scheme Enpam as potential victims of Sopaf’s fraudulent activities.Enpam said yesterday that it never appointed Adenium or Sopaf to manage any of the fund’s assets.However, in 2009, Enpam bought from Sopaf a €100m stake in Fondo Immobili Pubblici (FIP), a real estate fund backed by the Italian government, in an investment the fund says has returned 9% annually so far.Prosecutors are also investigating this transaction, saying Sopaf made an illicit profit from the sale of the stakes in FIP to Enpam and INPGI.In other news, a number of institutional investors including the first-pillar pension fund for Italian lawyers acquired a 6%, €313.5m stake in a vehicle controlling Italian gas transmission group Snam and power grid company Terna.State Grid Corporation of China (SGCC) was also among those acquiring a minority stake in the vehicle.The lawyers’ fund, Cassa Forense, invested €140m to own just under half of the 6% stake.Elsewhere, Italian pension regulator Covip released figures showing that, during the first nine months of 2014, the returns of Italian second and third-pillar funds beat the revaluation of the TFR (trattamento di fine rapporto), or employee severance pay.Due to low consumer price inflation, the TFR was uprated by 1% over the period.In comparison, second-pillar industry funds returned 5.8%, while open pension funds returned 5.9% and third-pillar plans returned 5.1%.However, the data does not take into account the higher tax rate on returns introduced from 1 July this year, when the rate was raised from 11% to 11.5%.The 2015 Budget law currently under parliamentary discussion foresees a further spike in taxation to 20%.By the same proposed measure, the tax rate on TFR, which is revalued annually by a fixed 1.5% plus 75% of inflation, will be raised from the current 11% to 17%. The former chairman of the Italian first-pillar pension fund for accountants, Casa di Previdenza e Assistenza dei Ragionieri (CNPR), has been arrested by Italian authorities and is under investigation for bribery.The arrest is part of a wider probe by Italian prosecutors involving Sopaf, an investment company with a track record in the Italian institutional investment sector.Prosecutors are trying to determine whether Sopaf embezzled €52m of CNPR’s assets.Sopaf’s owners, high-profile financiers Magnoni brothers, along with other external partners of the company, were arrested earlier this year as part of the investigation.
Comments Published on February 7, 2012 at 12:00 pm After another game in which a poor half of basketball condemned Syracuse against one of the best teams in the country, Carmen Tyson-Thomas rallied her teammates to discuss what just happened.Each player agreed.The Orange players beat themselves in the first half. And after stumbling out of the gate, the bad beginning negated the fact that SU hung with the nation’s No. 2 team the rest of the way.‘As a team we need to put both halves together, we have to play as a whole, as a unit, and we’ve got to do what makes us,’ Tyson-Thomas said. ‘We have to rebound the ball, we need to get it high-low, and we know we have to do those things to put two halves together.’After a lousy first half in which Syracuse (15-10, 4-7 Big East) shot just 18.8 percent from the field, the Orange played well against the No. 2 Fighting Irish (24-1, 11-0 Big East) for the entire second half, but it wasn’t enough. SU had already dug a 19-point hole largely due to its shooting woes that it couldn’t climb out of and fell 74-55 to Notre Dame in front of 998 in the Carrier Dome Tuesday.AdvertisementThis is placeholder textIn the first half, the Irish neutralized SU’s frontcourt attack led by Kayla Alexander and Iasia Hemingway. Hemingway, SU’s leading scorer, was determined to attack the rim in the first half but missed on numerous close looks.Hemingway went 0-of-8 from the field in the opening half, including four missed layups. The Orange opened the game shooting just 2-of-14, allowing the Irish to take a 15-6 lead eight minutes into the game.‘I give a lot of credit to Notre Dame,’ Hemingway said. ‘They made sure they kept forcing me and sagging on me going to the rim, digging on me, so they did a great job making sure I didn’t get to the basket, and if I did they were always there.’And even though the Orange contained the Notre Dame’s offense in the first half, Syracuse didn’t have a chance as its offense scuffled.SU’s final offensive set of the first half captured its struggles. After Notre Dame forward Natalie Achonwa hit a layup, the Orange pushed the ball quickly upcourt.La’Shay Taft had a wide-open 3-point attempt from the top of the key sail to the right and hit the bottom half of the backboard. Hemingway collected the rebound and missed a layup from right underneath the rim.And Notre Dame went into halftime leading 38-19.‘I thought that was the difference in the game,’ SU head coach Quentin Hillsman said. ‘We shot 18 percent in the first half and we didn’t make shots, and in the second half, we came out 41 percent and played an even half, so that’s the game.’SU limited the Big East’s best 3-point shooter, Natalie Novosel, to just 2-of-9 shooting from the field in the half. And the Orange held Skylar Diggins scoreless.But the Irish stretched Syracuse thin with quick ball movement opening the paint up for ND’s frontcourt players. The Orange was outrebounded 33-18 in the first half and allowed the Irish to score 26 points in the paint in the opening half to give SU headaches.As Syracuse closed in on the shooters on the perimeter, Devereaux Peters and Achonwa grabbed easy offensive rebounds as SU players floated out of the paint, leaving a hole underneath. Peters and Achonwa combined to grab nine offensive rebounds and 19 points in the half.‘They’re really good at gliding through their offensive sets, getting cuts, backdoors,’ Alexander said, ‘so for us it was mostly about staying in our positions and trying to stay between the ball and the basket and not let them get too many open shots.’SU opened up the second half on an 11-3 run to cut Notre Dame’s lead to 11, but it could not take advantage. Turnovers cost the Orange and allowed the Irish to increase its lead back 15, and Notre Dame held off Syracuse.A strong-willed performance helped the Orange keep pace with the Irish in the second half, as each scored 36 points. But the poor first half doomed Syracuse.‘Just looking at this game alone, in the first half we had so many easy opportunities to get some easy layups that we just missed,’ Alexander said. ‘And then in the second half we were getting stops, and we weren’t able to turn those into points on the offensive end.’[email protected] Facebook Twitter Google+