Ivy League colleges like Harvard are big business at its worst

Harvard's endowment fund is currently valued at NZ$81.6 billion. (Image: AP)

Tue, 19 Dec 2023

By Allysia FinleyMost Americans probably heard of the Harvard Corporation for the first time last week, when it issued a supercilious statement affirming its support for Harvard president Claudine Gay. The corporation, Harvard’s governing body, wrote that Gay “is the right leader to help our community heal and to address the very serious societal issues we are facing”.The statement was effectively a middle finger to alumni such as hedge-fund titan Bill Ackman, who had demanded Gay be canned after she equivocated before Co...

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