Actually, this might be a serious problem. I was doing some research this morning and almost every site I've found said to report any signs of that beetle.
http://www.uvm.edu/albeetle/
http://www.aphis.usda.gov/plant_heal...hb/index.shtml
http://beetlebusters.aphis.usda.gov/
Hopefully it's just a look alike pest and nothing bad. If that beetle fucks up the tree in front of my apartment I'm going to be pissed, I love that thing (you know you're getting old when you start loving trees).