Wednesday, June 28, 2006

Take that!

As guilty as this makes me feel, I cannot suppress the feeling of schadenfreude at the news that Harvard will be suffering consequences for the indecorous defenestration of Larry Summers. Truly a victory against tyrants. Here's the story as reported by the Financial Times:
Larry Ellison, chief executive of Oracle, the business software group, has decided against a promised $115m donation to establish a centre for the study of health care projects at Harvard University.
The decision marks the first concrete fallout from the resignation earlier this year of Larry Summers, Harvard’s president, following a faculty revolt.
An Oracle spokesman said on Tuesday that Mr Ellison's decision to withdraw his pledge was "directly related" to the departure of Mr Summers, the controversial former US treasury secretary, whose brusque management style frequently clashed with members of the Harvard faculty.
"Larry Summers was the brainchild of this initiative. He and Larry Ellison had several dicussions about it. His last day at Harvard is this week, and his departure from Harvard is really the reason that Larry decided to reconsider the decision," the spokesman said.
He said Mr Ellison planned to announce a donation to another organisation within "several weeks."
Revenge is a dish best served cold!

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