• bitcoinBitcoin(BTC)$79,124.001.59%
  • ethereumEthereum(ETH)$2,502.441.83%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$745.07-0.13%
  • rippleXRP(XRP)$1.431.97%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$103.821.24%
  • tronTRON(TRX)$0.338467-0.07%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.040.00%
  • zcashZcash(ZEC)$1,270.729.81%
  • HyperliquidHyperliquid(HYPE)$86.524.80%
  • dogecoinDogecoin(DOGE)$0.0903261.44%
  • RainRain(RAIN)$0.016316-1.54%
  • USDSUSDS(USDS)$1.000.01%
  • whitebitWhiteBIT Coin(WBT)$81.813.35%
  • moneroMonero(XMR)$502.690.57%
  • chainlinkChainlink(LINK)$12.13-2.36%
  • leo-tokenLEO Token(LEO)$9.18-0.02%
  • cardanoCardano(ADA)$0.2183310.06%
  • stellarStellar(XLM)$0.1880100.15%
  • bitcoin-cashBitcoin Cash(BCH)$257.871.57%
  • daiDai(DAI)$1.000.01%
  • Ethena USDeEthena USDe(USDE)$1.000.02%
  • USD1USD1(USD1)$1.00-0.01%
  • litecoinLitecoin(LTC)$54.14-1.15%
  • CantonCanton(CC)$0.1050791.46%
  • uniswapUniswap(UNI)$6.62-4.01%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.390.44%
  • hedera-hashgraphHedera(HBAR)$0.078430-1.53%
  • avalanche-2Avalanche(AVAX)$7.950.47%
  • nearNEAR Protocol(NEAR)$2.5812.47%
  • suiSui(SUI)$0.811.00%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • shiba-inuShiba Inu(SHIB)$0.0000050.41%
  • crypto-com-chainCronos(CRO)$0.0598560.15%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • tether-goldTether Gold(XAUT)$4,411.140.38%
  • MemeCoreMemeCore(M)$1.180.68%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • BittensorBittensor(TAO)$261.694.16%
  • Ripple USDRipple USD(RLUSD)$1.000.02%
  • okbOKB(OKB)$114.050.03%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.38%
  • mantleMantle(MNT)$0.642.81%
  • AsterAster(ASTER)$0.75-0.39%
  • aaveAave(AAVE)$129.401.36%
  • polkadotPolkadot(DOT)$1.167.95%
  • Pump.funPump.fun(PUMP)$0.0046356.38%
  • pax-goldPAX Gold(PAXG)$4,414.410.35%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Billionaire Bill Ackman says Harvard, Penn and MIT presidents ‘must all resign in disgrace’

December 6, 2023
in Market & News
Reading Time: 6 mins read
A A
Billionaire Bill Ackman says Harvard, Penn and MIT presidents ‘must all resign in disgrace’
ShareShareShareShareShare


New York
CNN
 — 

The presidents of Harvard, MIT and the University of Pennsylvania faced intense scrutiny on Wednesday from business leaders, donors and a sitting governor following their testimony at a House hearing on antisemitism on campus and calls for genocide in Israel.

YOU MAY ALSO LIKE

Carclo plc (CCEGF) Shareholder/Analyst Call Transcript

Miliband says UK had to 'call out' Israeli West Bank settlements – BBC

The criticism focused on the university leaders’ answers to questions on Tuesday about whether calling for the genocide of Jews violates their respective school’s code of conduct on bullying or harassment.

None of the school leaders explicitly said that calling for the genocide of Jews would necessarily violate their code of conduct. Instead, they explained it would depend on the circumstances and conduct.

Pfizer CEO Albert Bourla said in a post on X he was “ashamed” to hear the testimony, calling it “one of the most despicable moments in the history of US academia.”

Pennsylvania Governor Josh Shapiro, speaking outside a falafel shop in Philadelphia that had been targeted by protesters, called Penn President Liz Magill’s statements “unacceptable” and “shameful.”

Shapiro called for the UPenn board of trustees to meet and discuss whether Magill’s testimony represents the values of the university and board.

Private equity billionaire Marc Rowan wrote a message to Penn trustees saying he heard from hundreds of alumni, parents and leaders who were shocked by the hearing, including at least one who hoped the hearing was fake.

Unfortunately, this is not fake and the University is suffering tremendous reputational damage,” Rowan wrote in the message, obtained by CNN. “How much damage to our reputation are we willing to accept.”

Hedge fund billionaire Bill Ackman called for the presidents of Harvard, MIT and the University of Pennsylvania to “resign in disgrace,” citing disgust with their testimony.

“Throughout the hearing, the three behaved like hostile witnesses,” Ackman wrote in a post on X, “exhibiting a profound disdain for the Congress with their smiles and smirks, and their outright refusal to answer basic questions with a yes or no answer.”

Ackman, a Harvard graduate who has been a vocal critic of how universities have addressed antisemitism, posted a clip from the exchange at the hearing where the university leaders were asked about calls for the genocide of Jews.

“They must all resign in disgrace. If a CEO of one of our companies gave a similar answer, he or she would be toast within the hour,” Ackman said on X. “The answers they gave reflect the profound moral bankruptcy of Presidents Gay, Magill and Kornbluth.”

In response to Republican Rep. Elise Stefanik asking whether calling for the genocide of Jews would violate Penn’s code of conduct, Penn President Liz Magill said: “It is a context dependent decision.”

Stefanik responded with shock.

“That’s your testimony today? Calling for the genocide of Jews is dependent on the context? That is not bullying or harassment? This is the easiest question to answer yes for,” Stefanik said.

Ackman strongly criticized the response.

“Why has antisemitism exploded on campus and around the world? Because of leaders like Presidents Gay, Magill and Kornbluth who believe genocide depends on the context,” Ackman said.

The criticism of the university leaders was so strong that Harvard felt compelled to issue a new statement from Gay attempting to clarify the testimony.

“There are some who have confused a right to free expression with the idea that Harvard will condone calls for violence against Jewish students,” Gay said in the new statement posted on X. “Let me be clear: Calls for violence or genocide against the Jewish community, or any religious or ethnic group are vile, they have no place at Harvard, and those who threaten our Jewish students will be held to account.”

Representatives at Penn and MIT were not immediately available to respond to the criticism.

Ackman has been publicly feuding with Harvard’s administration and some students over reports of rising antisemitism on campus. In an open letter last month, he said Harvard’s lack of action to rein in antisemitism threatened its funding from donors. And he called on the university to publicly name students who were members of student groups that blamed Israel for Hamas’ Oct. 7 attack.

However, Ackman has gone easy on fellow billionaire Elon Musk, who endorsed an antisemitic conspiracy theory on X, leading to a revolt from advertisers. Ackman defended Musk in a post on X last week, saying, “After examining the facts, it was clear to me that Musk did not have antisemitic intent” when Musk said a conspiracy theory that Jews were trying to replace White people with immigrants was “the actual truth.”

Musk has since apologized for his post, calling it his “worst” and “dumbest” social media post.

At one point during Tuesday’s hearing Stefanik asked Harvard President Claudine Gay if the Ivy League school would punish students or applicants who say, “from the river to the sea” or “intifada.”

Gay explained that type of “hateful, reckless, offensive speech” is “abhorrent” to her.

“Do you believe that type of hateful speech is contrary to Harvard’s code of conduct or is it allowed at Harvard?” Stefanik, who graduated from Harvard, pressed Gay.

“It is at odds with the value of Harvard, but … we embrace a commitment to free expression even of views that are objectionable, offensive, hateful,” Gay said.

David Weild, a former chairman of the Nasdaq Stock Market, said there should be no wavering when students feel threatened.

“I can’t believe we are having this conversation in the US Congress,” Weild said in a post on LinkedIn. “I’m a Christian. Shut the hate speech down on all sides. People deserve to feel and be safe.”


Credit: Source link

ShareTweetSendSharePin

Related Posts

Carclo plc (CCEGF) Shareholder/Analyst Call Transcript
Market & News

Carclo plc (CCEGF) Shareholder/Analyst Call Transcript

September 9, 2026
Miliband says UK had to 'call out' Israeli West Bank settlements – BBC
Market & News

Miliband says UK had to 'call out' Israeli West Bank settlements – BBC

September 9, 2026
Put Cash To Work With Short-Duration ETFs
Market & News

Put Cash To Work With Short-Duration ETFs

September 9, 2026
Brent crude rises above 0 a barrel as Middle East conflict escalates – Reuters
Market & News

Brent crude rises above $100 a barrel as Middle East conflict escalates – Reuters

September 9, 2026
Next Post
Rotation, Rotation, Rotation: Value Stocks Poised To Lead The Market Higher

Rotation, Rotation, Rotation: Value Stocks Poised To Lead The Market Higher

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Why Hugging Face Decided to Combine With Nvidia

Why Hugging Face Decided to Combine With Nvidia

September 3, 2026
The Reasons Rugged Laptops Are Rarely Bought By Consumers

The Reasons Rugged Laptops Are Rarely Bought By Consumers

September 5, 2026
Self-Employment Tax Is 15.3% on Top of Income Tax – Plan for It

Self-Employment Tax Is 15.3% on Top of Income Tax – Plan for It

September 7, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!