Bill Ackman, a prominent investor, has criticized Harvard and MIT for their financial practices. He has raised concerns about the integrity and transparency of these institutions, particularly regarding their endowments and financial dealings. Ackman's criticism stems from the alleged mishandling of funds by MIT's chairman's wife's non-profit, which reportedly received nearly $2 million from the college. Additionally, there are accusations of Harvard's involvement in money laundering, ties to the Chinese Communist Party, and discriminatory practices. These allegations have led to a loss of faith in the institutions' probity and excellence, as well as raised questions about their true priorities and ethical standards.
They call Harvard a ‘university.’ Like its principal function is to ‘educate’ people. But it has a $40b endowment, actively begs for more investment in letters, emails - and the people that really matter beg for more $$ or manage that $$. What a sick joke. Ivy league in general.
Everybody in America has known for years what Harvard was doing with laundering money thru endowments and gifts, being a CCP spy shop and United Front office, it’s antisemitism and racism… Except for fukcen bill ackman? Ok
Who is Bill Ackman, Harvard's fierce and ultra-wealthy critic? https://t.co/VGke5CL2Qv
Bill Ackman slams MIT chairman after his wife's DEI non-profit pocketed almost $2 MILLION in funds from the prestigious college in just five years https://t.co/32Gme9qfOi https://t.co/OnFTtmrkcp
Ackman spent a decade bankrolling these institutions -- a large part of the reason that Harvard has a $53 billion endowment is the earnest faith that he and others like had in their probity and excellence. The loss of that faith, and the antecedent judgment he reached that… https://t.co/Q7Ds8DFAkU https://t.co/uTuIMfDQKF