Another big donor cuts ties with an Ivy League school for its ‘misguided moral compass’ involving Israel and Hamas

Heather Perlberg, Janet Lorin and Bloomberg October 17, 2023 1 min read

Heather Perlberg, Janet Lorin and Bloomberg
Fortune

Excerpt: First it was Apollo Global Management’s Marc Rowan blasting the University of Pennsylvania, then Dick Wolf of Law & Order followed by former US diplomat and businessman Jon Huntsman and billionaire Ronald Lauder.

Now it’s David Magerman, who helped build the trading systems of Renaissance Technologies. He castigated Penn’s “misguided moral compass” in a letter to President Elizabeth Magill and board chair Scott Bok, citing the school’s hosting of the Palestine Writes Literature Festival last month and its response to the Hamas attack on Israel in October.

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