Harvard Losing More Big Donors

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The price tag on Harvard’s 2005-2006 spasm of outraged feminism just got a little bit bigger. The Wall Street Journal reports today that Harvard has lost upwards of $390 million in donations since ousting former president Larry Summers. Even to Harvard that’s a big number, amounting to two-thirds of the total funds raised in 2005.
Summers, who served as Treasury Secretary in the Clinton Administration, resigned Harvard's presidency under fire from faculty members upset at his comments on women in science and his clashes with some prominent professors. Among those who have cancelled or reduced their contributions are Oracle’s Larry Ellison, real-estate and newspaper mogul Mort Zuckerman, banker David Rockefeller and Pequot Capital’s Byron Wien.

Summers's Supporters Withhold $390 Million From Harvard
[Wall Street Journal]

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