Thursday, June 29, 2006

Losing Larry

The impact of Harvard's driving out of Larry Summers is even bigger than expected (emphasis mine):

It's official: Larry Ellison is walking away from a promise to donate $115 million to Harvard University.

The Oracle Corp. founder and chief executive, the world's 15th-richest person, made headlines in 2005 when, in an interview with The Chronicle, he pledged to make a major donation to Harvard to study world health. But Ellison decided against the donation after Harvard President Lawrence Summers announced his resignation earlier this year. Summers will leave the university on Friday.

The donation would have been the biggest gift in Harvard's history.

There will certainly be more fallout from Summers' departure for years to come. I don't think it will be good for Harvard...

Hmm... I wonder if we could entice Summers to GMU?

Hattip Instapundit

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