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AJ+ كبريت・2 minutes read

31 student organizations at Harvard University blamed the Israeli regime for Palestinian violence, leading to tension and protests on campus. Bill Ackman's dispute with Harvard over donated shares, loss of tax deductions, and accusations of plagiarism eventually led to the university president's resignation.

Insights

  • Wealthy donors, like Bill Ackman, have significant influence over universities due to their financial contributions, leading to power struggles and potential conflicts of interest.
  • Despite facing pressure from wealthy donors and political figures, Harvard University prioritized freedom of expression by not disclosing the names of students involved in pro-Palestinian organizations, showcasing a commitment to upholding diverse perspectives on campus.

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Recent questions

  • Why did Bill Ackman campaign against Harvard University?

    Due to a disagreement over a donation.

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Summary

00:00

Harvard, Ackman, Palestinians: Conflict and Controversy

  • On October 8, 2023, 31 student organizations at Harvard University signed a statement holding the Israeli regime responsible for violence against Palestinians.
  • The statement highlighted the long-standing oppression faced by Palestinians in Gaza, referring to it as an open prison.
  • A Jewish billionaire, Bill Ackman, launched a campaign against Harvard University's president, leading to her resignation due to pressure from wealthy donors.
  • Ackman's dispute with Harvard stemmed from a donation he made in shares of a South Korean e-commerce company, which later increased in value significantly.
  • Harvard sold the shares without informing Ackman, leading to a $70 million disagreement between him and the university.
  • Wealthy donors like Ackman often donate shares to universities for tax benefits and increased value compared to cash donations.
  • Ackman's anger towards Harvard was fueled by the loss of potential tax deductions due to the mishandling of his donated shares.
  • Ackman demanded Harvard to give him $70 million from the endowment, which he believed was rightfully his due to the increased value of the shares.
  • Ackman's conflict with Harvard coincided with the university facing demonstrations in support of Palestinians and against Israeli aggression, causing further tension.
  • Despite demands from Ackman, Harvard did not disclose the names of students involved in the pro-Palestinian organizations, upholding freedom of expression on campus.

13:09

Harvard President Resigns Amid Controversy

  • Akman commented on a pro-Palestinian demonstration on November 1 last year, criticizing the students' actions.
  • Harvard's president faced criticism after the Al-Aqsa Flood operation, with the university supporting her until December 5.
  • Republican Representative Alice Stefani led a hearing in Congress on December 5, questioning the presidents of Harvard, Pennsylvania, and MIT about anti-Semitism on campuses.
  • Harvard's president faced intense questioning during the hearing, with attempts to trap her into controversial statements regarding anti-Semitism.
  • Pressure from supporters of the Israeli occupation led to demands for the resignation of university presidents, including threats from wealthy donors like Ross Stevens.
  • Harvard stood by its president despite pressure, with faculty members and the Harvard Corporation expressing support for her continuation in her position.
  • Bill Akman played a significant role in promoting accusations of plagiarism against Harvard's president, leading to her resignation on January 2, 2024.
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