The Curious Case of Claudine Gay
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Actually the proposals floating around, to which I imagine Jolly is referring, are to tax their investment income at rates resembling what you and I might pay.
Right now Harvard pays 1.4% on their endowment income, IIRC.
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Well, bye...
https://www.thecrimson.com/article/2024/1/3/claudine-gay-resign-harvard/
Harvard President Claudine Gay will resign Tuesday afternoon, bringing an end to the shortest presidency in the University's history, according to a person with knowledge of the decision.
University Provost Alan M. Garber '76 will serve as Harvard's interim president during a search for Gay's permanent successor, the Harvard Corporation — the University's highest governing body — announced in an email on Tuesday.
Harvard spokesperson Jonathan L. Swain declined to comment on Gay's decision to step down.
Gay’s resignation — just six months and two days into the presidency — comes amid growing allegations of plagiarism and lasting doubts over her ability to respond to antisemitism on campus after her disastrous congressional testimony Dec. 5.
Gay weathered scandal after scandal over her brief tenure, facing national backlash for her administration’s response to Hamas’ Oct. 7 attack and allegations of plagiarism in her scholarly work.
Gay is expected to announced her decision to step down to Harvard affiliates in an email later today. The Corporation is also expected to make a statement about the decision.
The announcement comes three weeks after the Corporation announced unanimous support for Gay after “extensive deliberations” following the congressional hearing.
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They forced out that poor black Gay woman…
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Of course...
"Amidst all of this, it has been distressing to have doubt cast on my commitments to confronting hate and to upholding scholarly rigor — two bedrock values that are fundamental to who I am — and frightening to be subjected to personal attacks and threats fueled by racial animus."
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Take a bow, Mr Ackman.
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And Stefanik for getting the ball rolling in the first place.