Summers' Departure Angers Donors

<p>265 million being withheld, but probably temporarily until Harvard shores up it leadership</p>

<p><a href="http://www.thecrimson.com/article.aspx?ref=513970%5B/url%5D"&gt;http://www.thecrimson.com/article.aspx?ref=513970&lt;/a&gt;&lt;/p>

<p>Something I didn't know was that Harvard's alum donation rate is 40%? Is that accurate? USnews has it at 47%.</p>

<p>How many times are you going to post the same old crap. That money will come right back in as soon as the new administration is in place and the donors get a fanny pat or two.</p>

<p>I liked Summers and thought poorly of the events that happened last year. I respected deeply his committment to the sciences. I thought he had a far reaching vision. And it is exactly stuff like this and the ellison pullback which is the consequence for the shortsightedness of the FAS.</p>

<p>But it has been posted a dozen times already. Find some new material.</p>

<p>did you even open the link? it is a new article from today's Crimson website detailing that three more huge donations totalling 265 million are being pulled because of Summers' departure. It is not about Ellison reneg of 115 million which occured two weeks ago.</p>

<p>Try reading the post before making a comment. It might help your "material."</p>

<p>Delayed, not pulled. Try CNN. You're really getting boring.</p>

<p>CB, it's hard for me to understand you sometimes. You complain in the thread over on the Yale board about "everyone sort of re-hashing the same stuff over and over again," at the same time you're starting a thread like this one. Oh well. I think rorosen is right.</p>

<p>this came out in the news yesteday in the WSJ (<a href="http://www.cnn.com/2006/EDUCATION/07/13/harvard.donors.reut/index.html%5B/url%5D"&gt;http://www.cnn.com/2006/EDUCATION/07/13/harvard.donors.reut/index.html&lt;/a&gt;)&lt;/p>

<p>so I don't see as to how its been rehashed. its a continuation of the fallout from summers departure. But as I stated in the op, and overlooked by bandit as usual, its probably only a temporary situation.</p>