Billionaire's campaign to oust Harvard president over Israel letter decried as power grab
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Bill Ackman, a billionaire hedge fund manager, has led a vicious campaign to try to get Harvard President Claudine Gay fired over a student letter criticizing Israel.
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Ackman has a history of trying to control Harvard, including demanding they follow his investment advice and pandemic plans.
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The article argues Ackman thinks his wealth and power in the bond market entitle him to run institutions like Harvard.
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When Ackman tweeted criticism of bonds in August, yields rose, but when he softened in October, yields fell - suggesting he holds major sway.
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The author warns Ackman likely won't quit trying to oust Gay, as he's an "oligarch" who expects to get what he wants.