When Bernie Madoff was arrested on December 12, it was easy to dismiss him as another Wall Streeter getting his due. In the wake of massive bank and investment firm failures, we've become desensitized to the damage that's crippled our financial system. For liberal arts students especially, the fall of the titans has produced the sweet satisfaction that comes with choosing a life of Proust instead of Fuld.

The Undergraduate Assembly held its first official meeting of the semester Sunday night, during which it reassessed last semester's projects and work done by UA members over winter break before launching into new issues. The main legislative proposals addressed included potentially low class attendance for today's presidential inauguration ceremonies and separate budget requests for UA funding by the pre-orientation programs PennArts and PennGreen.

Martin Luther King Jr.'s legacy continues to live on in members of the Penn and greater Philadelphia communities. Last night, Alpha Kappa Alpha fraternity, the Multicultural Greek Council and Onyx Senior Honor Society hosted the annual candlelight vigil honoring MLK Jr.

At Chipotle, the line never ends. Yesterday the queue at the new restaurant stretched all the way out into the snow - an improvement over Thursday, when it extended outside to the Radian's front steps. Chipotle Mexican Grill held its grand opening on Friday, becoming the newest restaurant in the Radian apartment building at 3925 Walnut St.

Happy birthday, Ben Franklin. The Founder's Day Symposium commemorated Ben Franklin's 303rd birthday on Friday, capturing Franklin's values of "distinguished scholarship and global citizenship," said University President Amy Gutmann. The event consisted of a panel - moderated by Gutmann - of five academic specialists who spoke about environmental sustainability.

The women's squash team looks unbeatable - again. After winning its first six matches of the season for the third straight year, Penn will host No. 9 Williams and No. 17 Amherst tomorrow for its first matches at Ringe Courts in nearly two months.

Two separate leaks in a water line of the Quadrangle left residents without water for large parts of Tuesday and Wednesday - and plenty to say about it. The first water main break was identified last Friday, according to Jennifer Rizzi, a spokeswoman for Facilities and Real Estate Services.

By SARAH RYU Staff Writer ryu@dailypennsylvanian.com Faculty and staff are almost unanimous: the hiring freeze implemented by the School of Arts and Sciences is disheartening but necessary. Last December, in response to the current national economic crisis, SAS Dean Rebecca Bushnell sent an e-mail to SAS faculty and staff that entailed cost-cutting adjustments, such as departmental budget reductions and salary freezes.

The information age has brought new technologies that enrich our lives, but with it comes a series of ethical questions, none more avoidable than the issue of how to deal with death. Penn has experienced the deaths of three students this school year, a bit more than usual perhaps.

When you're in a rut, sloppy seconds may not look so bad - even if they are coming from the likes of Columbia and Yale. Disheartened by Navy, demoralized by UCF and destroyed by Temple, the Quakers (3-8) are headed to the Garden State tomorrow to take on NJIT, a team emerging from back-to-back thrashings by the Lions and Bulldgos a mere week ago.

The protests took place on College Green and Locust Walk.

Daniel Schwartz is a College junior from Decatur, Ga. His e-mail address is schwartz@dailypennsylvanian.com.

Ivy League Tournaments have finally arrived. After 55 years of determining championships through regular season round robins, tiebreakers and one-game playoffs, the Ivy League announced that men's and women's lacrosse will be the first sport to hold a conference tournament to determine its automatic NCAA qualifier.

The first floor of the Steinhardt Hillel building was flooded after a pipe froze and a sprinkler burst this morning, setting off the fire alarm.

The study abroad experience has become a rite of passage for college juniors across the country. But due to high travel costs, poor exchange rates and typical tourist expenses, many students fear they simply can't afford the experience. Instead of passing up an international education, however, resourceful students like College senior Ebony Thorne and 2008 Penn alumna Jennifer Leone have overcome financial burdens by turning to outside aid.

Two of the "Little Three" are coming to town, but that doesn't mean the men's squash team is hosting vertically-challenged squads. After a six-week break, the Quakers will face Amherst and Williams - who along with Wesleyan make up the "Little Three" of New England elite colleges.

These days, finding a balance between academics and economics is crucial. That balance motivated the museum's administrators to discontinue 18 research specialist positions at the Penn Museum of Archaeology and Anthropology last November, effective May 31.