-- "Wall Street tycoon Ross Stevens, the boss of Stone Ridge Asset Management, Thursday vowed to claw back a $100 million donation to the University of Pennsylvania if the Ivy League school doesn’t boot UPenn President Liz Magill following her disastrous congressional testimony that failed to condemn rampant antisemitism on campus." --
UPDATE: Magill has voluntarily resigned
And...
-- "Billionaire hedge fund manager Bill Ackman has accused Harvard of hiring president Claudine Gay solely because of its Diversity, Equity and Inclusion initiative — instead of “identifying the best leaders for our prestigious universities. We are shortly going to realize that the DEI era is the McCarthy era Part II,' Ackman warned." --Oh... it gets better...
-- "The schools could be stripped of federal funding if they are found to be in violation of Title VI of the 1964 Civil Rights Act, which prohibits discrimination on the basis of race, color or national origin in programs or activities receiving government money." --UPDATE: No, no, not flip... I meant flop!
The blowback from donors and alumni must have been nuclear, as today both President Claudine Gay of Harvard and President Liz Magill of Penn released statements recanting yesterday’s testimony.