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Questions are being raised about the funding sources behind the shift towards what some argue is ideological bias in higher education in the United States. Some see a trend in elite universities of promoting controversial stances towards issues such as antisemitism, anti-Americanism and anti-Israel sentiments.
My contacts in Wall Street, influential executives who are also alumni of these institutions, provided insight into the complex web of funding behind these developments. Not only does funding come from wealthy individuals with ties to left-wing ideologies, as previously reported, but there are also concerning international and domestic sources of funding.
Norbert Gottesman, an alumnus of Georgetown’s School of Foreign Service and a hedge-fund manager, recounts his personal experience with what he perceived as anti-American and anti-Israeli bias at Georgetown University. According to Gottesman, the university has been a significant recipient of funds from Arab nations.
He also highlighted that Georgetown has a campus in Qatar, a country known for its ties with the Hamas leadership. This connection, he suggests, might explain the university hosting a symposium titled “Israel’s War on Palestinians: Gaza as Epicenter” earlier this year. This event came as quite a surprise considering the recent devastating attack that was celebrated by students.
Moreover, it’s not just international funding, but also major contributions from U.S. sources that continue to fund these institutions, according to my trusted sources.
Among these domestic contributors are Wall Street executives who, in their roles as board trustees, have collectively funded the growth of courses that some argue paint a flawed narrative about capitalism, along with systemic racism in America and Israel.
Despite the outrage expressed by some wealthy graduates, including Robert Kraft, Marc Rowan, and Bill Ackman, others continue to donate to these institutions.
Marc Kasowitz, who has been filing lawsuits against universities like Columbia, Harvard, and Penn for allegedly allowing abuse and threats against Jewish students, has criticized this lack of support from the wealthier alumni. He calls their reluctance to intervene “unbelievable”. His litigation seeks to challenge this trend and to shed light on the controversial funding of these elite institutions.
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