The Slow Newscast

Ackman: A billionaire’s war on woke

Feb 13, 2024
Bill Ackman, a billionaire hedge fund manager and spearheading a broader backlash against 'woke' politics, discusses his successful campaign to topple Harvard’s first black leader, his battle of ideas sparked by Hamas's attacks on Israel, and the controversy surrounding diversity, equity, and inclusion.
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ANECDOTE

The Trigger

  • The Hamas attack on Israel on October 7, 2023, sparked a debate about anti-Semitism.
  • Ackman was angered by a statement from Harvard student groups blaming Israel.
ANECDOTE

Donor Backlash

  • Following the Hamas attack and the student group statement, several Harvard donors, including Leslie Wexner, withheld donations.
  • They criticized the university's response to alleged anti-Semitism on campus.
INSIGHT

Griffin's Critique

  • Kenneth Griffin, a major Harvard donor, questioned the university's educational direction.
  • He criticized what he perceived as a focus on "whiny snowflakes" caught up in rhetoric.
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