That’s got to sting, a little:
It’s official: Larry Ellison is walking away from a promise to donate $115 million to Harvard University.
The Oracle Corp. founder and chief executive, the world’s 15th-richest person, made headlines in 2005 when, in an interview with The Chronicle, he pledged to make a major donation to Harvard to study world health. But Ellison decided against the donation after Harvard President Lawrence Summers announced his resignation earlier this year. Summers will leave the university on Friday.
This doesn’t do much for anyone’s reputation. Still, with an endowment of $25.9 billion, I shouldn’t worry about Harvard over much. They’ll be all right, Jack.
I wonder how that search for a new president is going? I mean, considering the environment on the Charles, it shouldn’t be too hard to find a top flight guy to fill Summers’ shoes.
Well, we know it won’t be Denice Denton.
Shipmates,
Scuttlebutt has it that Ward Churchill might be available in the very near future… seems he’d fit in perfectly with the current collective running Moscow on the Charles.
Respects,
AW1 Tim
Can someone tell me why it’s so expensive for the students to attend a school like Harvard if the school has $25 BILLION
Can someone tell me why, when a school such as Harvard has $25 BILLION in the endowment, they charge so much to the students? I mean, haven’t they paid off the mortgage by now? And just what do they pay those commie professors anyway?
Steve,
Good question. You know they get million severy year from taxpayers too. Kinda sucks, huh? Forget means testing social security, let’s means test higher ed.
Carl Spackler, again!
I think Carl is still into his “five year plan to become Greenskeeper”.
One of my closest friends is a Facilities Director for a small, private college that is in Harvard’s backyard. Let me tell you, they are bastards to deal with. They throw their “Harvard” weight around with great gusto, making it nearly impossible for the surrounding neighborhood to make any changes that might, in even the most peripheral sense, affect the school. Even the city has to approach them on tenterhooks to discuss traffic changes for routine road maintenance.
That $25 billion greases alot of wheels.
And yes, I also read that Ward Churchill will likely be available for parties in the next couple of years…
I have a pool…and a pond.
The pond would be good for you.
So I jumped ship in Hong Kong…
And then what happened Lex? Give us a sea story!
Babs, he got a job as a looper. They found out he was a pro jock, so who do you think they gave him?
Nose
PS DC, I think it was a SIX year plan.
http://www.carlspackler.com/quiz_hard.html