Those faculty no-confidence votes intended to punish Harvard President Larry Summers for failure to tow the political correctness party-line did result in Summers’ resignation, but all the Harvard faculty’s PC fun is going to have a cost: $100,000,000 dollars.
Oracle’s Larry Ellison had been plannng a very large donation, but he had signed no papers; and, absent Summers, Ellison is striking Harvard off his Xmas list.
Following the resignation of Harvard president Larry Summers, Oracle boss Larry Ellison has decided not to donate over $100m to the university after all.
Ellison’s cash was to fund research into the quality of worldwide government healthcare problems, and according to Oracle’s spokespeople, Ellison viewed Summers’ participation as critical to the study.
“In light of Summers’ resignation, Larry Ellison has decided to reconsider his decision,” a spokesman told Reuters. “There was never a formal agreement but it had been talked about.”