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The Latest Breaking News from Bill Ackman

With Harvard’s Gay gone, billionaire speculator Bill Ackman shifts crosshairs to MIT president—and DEI

The activist investor behind the Pershing Square hedge fund blames diversity, equity, and inclusion policies for the spread of anti-Semitism on college campuses.

Fortune

Powerful donors managed to push out Harvard’s Claudine Gay. But at what cost?

Not until now have major donors so brazenly used their financial influence to hound presidents out of office

The Guardian - US

Harvard President Claudine Gay resigns amid controversies surrounding Israel-Hamas conflict

Discover the latest news on Claudine Gay's resignation as president of Harvard University. Find out the reasons behind her departure and the ensuing contro...

Top News

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What do universities owe their big donors? Less than you might think, explain 2 nonprofit law experts

Exchanging gifts with family and friends can become fraught with contradictory emotions. Instead of gratitude, the recipients of expensive gifts may wind up feeling indebted to the givers. And the givers can have regrets too.

The Conversation

Bill Ackman condemns doxxing of Harvard president’s home after antisemitism hearing saga

Non-profit news watchdog Accuracy in Media deployed four billboard-bearing trucks outside Claudine Gay’s home on Tuesday and Wednesday

The Independent UK

House passes resolution condemning college presidents’ comments in antisemitism hearing

Lawmakers approved the resolution in a 303-126 vote, with 125 Democrats and one Republican voting against the measure

The Independent UK

Students left silenced by speech debates

It may seem nonsensical to say that calls for genocide are protected speech but colleges are in a tough spot

Salon

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Billionaire denies ‘resentment’ toward Harvard after failing to oust president

Comment comes after the Harvard board announced that university president Claudine Gay would keep her job

The Independent UK

Why a billionaire set out to topple the heads of America’s top schools

The hedge-fund billionaire has allied with right-wing activists and Republicans in Congress to pressure universities, but some students and faculty say he’s gone too far, Josh Marcus reports

The Independent UK

Harvard president’s adviser pushes back on accusations she plagiarised his work

Claudine Gay was accused of plagiarising ‘multiple sections’ of her 1997 PhD thesis on the success of Black politicians

The Independent UK

Hundreds of Harvard faculty sign letter supporting president after UPenn head resigns

Calls are growing for Claudine Gay to resign after UPenn President Liz Magill stepped down over the weekend

The Independent UK

Harvard president survives calls for removal after antisemitism hearing

Harvard alum and billionaire hedge fund CEO Bill Ackman said that Harvard was ‘concerned it would look like they were kowtowing to me’ if they fired Claudine Gay

The Independent UK

This billionaire just helped topple UPenn’s president. Is Harvard next?

The hedge-fund billionaire has allied with right-wing activists and Republicans in Congress to pressure universities, but some students and faculty say he’s gone too far, Josh Marcus reports

The Independent UK

Hundreds of Harvard faculty sign letter supporting president after UPenn head resigns

Calls are growing for Claudine Gay to resign after UPenn President Liz Magill stepped down over the weekend

The Independent UK

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The Independent UK

UPenn in crisis as donor threatens to pull $100m over college president’s comments at antisemitism hearing

Backlash comes after three Ivy League presidents’ controverisal Congressional testimony on antisemitism

The Guardian - US

X struggling to win advertisers back after Elon Musk’s profane outburst

X plans to cater to small and medium-sized businesses as big advertisers pull their dollars

Fortune

Wall Street titans are getting behind Nikki Haley in the presidential race—hedge funder Bill Ackman says it’s time for Biden to ‘step aside’

Many in the finance industry “are looking to consolidate around an alternative to Trump before it’s too late,” said one expert.

Fortune

JPMorgan boss Jamie Dimon wants Americans on both sides of the political fence to unite to keep Trump out of office—but warns against sneering at MAGA supporters

The Wall Street veteran said the next U.S. president “needs to fix” a multitude of problems plaguing America’s lowest earners.

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Fortune

Has corporate DEI overlooked Jews? Some say yes, but it's complicated

Bill Ackman criticized Harvard University for not explicitly including Jewish people in its diversity policy. It's a growing sentiment in corporate America.

Fortune

Bill Ackman comes to Elon Musk's defense over antisemitism claims

Bill Ackman has pushed Harvard hard on claims of antisemitism on campus, but has come to Elon Musk's defense.

Fortune

1,600 Jewish alumni of Harvard threaten to withhold donations over antisemitism concerns

"We never thought we would have to argue for recognition of our own humanity.”

Zenger

Hedge Funds Caught On Wrong Side Of Treasury Market As Bond Rally Surprises

Record-high short positions on Treasuries backfire as smaller bond sales and weak job data ignite rally

Reason

Bill Ackman's Letter to Harvard re Widespread Antisemitism on Campus

It's worth reading the whole thing, but here is a "highlight": Last Wednesday, I spent seven hours on campus meeting with Jewish, Israeli, and non-Jewish students and faculty at the Law School, at HBS and in a 90-minute town hall in Aldrich 112 with 230 Jewish college students (coincidentally, one…

Fortune

Billionaire Bill Ackman says it’s 'pathetic' that colleges rely on corporations and law firms to address anti-Semitism on campus

Two dozen law firms sent an open letter to top law schools over concerns about rising anti-Semitism on college campuses.

Fortune

Billionaire investor Stanley Druckenmiller is taking ‘massive leveraged positions’ on safer assets than stocks after getting ‘really nervous’ about the economy

Stan Druckenmiller says a long-held belief that the stock market will always go up in the long term may no longer be the case.

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