President Fergusson conferred the bachelor’s degree on 528 members of the Class of 2000 at Vassar’s 134th Commencement.  The day’s main speaker, Geraldine Laybourne ’69, former president of Disney/ABC Cable Networks and, in 1998, founder of Oxygen Media, presented the graduates with three principles for success: belief that good ideas compensated for lack of experience; recognition that passion for one’s work sustained long effort; conviction that “no” was never an acceptable answer.  Matthew Vassar, she said, exemplified this last verity in his determination against all odds to found a genuine college for women.  As to the first principle, Laybourne asked, “Do you know who has the best ideas?”  Her answer: “Twenty-year-olds.”     The New York Times