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Citadel CEO Ken Griffin Donates $300M to Harvard University (harvardmagazine.com)
5 points by boeingUH60 on April 11, 2023 | hide | past | favorite | 4 comments


Regardless of your personal view of Ken Griffin, he is a Harvard alumni. Giving back to your alma mater is an American tradition followed by many before him. I would love to be able to donate $300M to my alma mater too.

Also, I would rather see billionaires donate their fortunes to universities, where they can serve the needs of the student community, university faculty and staff, than stashed in investment accounts.


A fraction of the 51 billion dollar endowment.

He must just really want his name on something there.


The rich donating to the rich


Ken Griffin belongs in jail, not on Harvard's list of biggest (and most corrupt) donors:

https://www.sec.gov/comments/s7-08-22/s70822-20127538-288680...

https://www.thestreet.com/memestocks/reddit-trends/citadel-s...

https://www.cryptotimes.io/sec-chair-gary-gensler-accused-in...

https://newrepublic.com/article/162053/bernie-madoff-dead-he...

https://www.reuters.com/business/finance/skorea-fines-citade...

https://www.reuters.com/article/us-citadel-settlement-routin...

https://franknez.com/robinhood-and-citadel-colluded-night-be...

https://www.bloomberg.com/news/articles/2022-06-07/ex-citade...

https://www.reuters.com/article/sac-fund-citadel/update-3-sa...

More on Harvard's new president here:

https://karlstack.substack.com/p/the-curious-case-of-claudin...

Given the mere 'slap on the wrist' that she gave Prof. Martin Nowak for helping Jeffrey Epstein evade prosecution on the brewing child sex-trafficking charges for more than two decades, I'm not surprised that she sees nothing wrong with facilitating a little "reputation laundering" for Ken Griffin as he seeks to avoid being held accountable for his own misdeeds.

It's the same reason why this old geezer

https://www.businessinsider.com/jim-simons-renaissance-mit-s...

was buying "good will" from universities like MIT while the IRS was deciding whether or not to prosecute his firm on tax evasion:

https://nypost.com/2019/04/10/hedge-fund-slammed-over-6-8b-i...

BTW, the 'student financial aid' that Griffin references in his latest gift to the university should perhaps be more accurately translated to read here as 'tax minimization strategies for the rich'

https://www.google.com/search?q=ken+griffin+net+worth&oq=ken...

to help prop up a $50 billion organization's exceedingly bloated and thoroughly unaccountable bureaucracy,

https://www.thecrimson.com/article/2022/11/29/anderson-burea...




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