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Read previewBillionaire hedge fund manager Bill Ackman softened his tone on academic dishonesty after a report by Business Insider found his wife, Neri Oxman, plagiarized portions of her doctoral dissertation. A representative for Ackman declined to respond to questions from BI regarding his statements about plagiarism. Similar allegations against Gay and OxmanGay was accused in mid-December of plagiarizing portions of multiple academic articles, including her political science dissertation. Oxman has since admitted to the plagiarism , apologized, and pledged to review her sourcing and request corrections to her work as needed. However, a representative for the university told BI, "Our leaders remain focused on ensuring the vital work of the people of MIT continues, work that is essential to the nation's security, prosperity and quality of life."
Persons: , Bill Ackman, Neri Oxman, Ackman —, Claudine Gay, Ackman, Gay, Oxman Gay, Christopher Rufo, Christopher Brunet, Oxman, Jonathan Bailey, Harvard didn't, Elise Stefanik, Elizabeth Magill, Sally Kornbluth, Kornbluth, Magill, Gay's, Ackman ominously Organizations: Service, Business Insider, Business, Harvard, Washington Free Beacon, New York Post, MIT, New York, University of Pennsylvania, Ackman, Kornbluth, BI Locations: Israel
Billionaire investor Bill Ackman told the WSJ he would be interested in a deal with Elon Musk's X. However, he caveated that by saying he doesn't know if X is interested, or if the deal is doable. AdvertisementAdvertisementBillionaire investor Bill Ackman said he would be interested in a deal with Elon Musk's X Corp, the Wall Street Journal reported Sunday. While Ackman said he would "absolutely" be interested in a deal with X — the platform previously known as Twitter — he doesn't know if X is interested, or if the deal is doable, per the Journal. X told the Journal it had no comment.
Persons: Bill Ackman, Elon Musk's, , Ackman, X, Musk, Pershing Organizations: Elon, Ackman's Pershing, Service, Elon Musk's X Corp, Wall Street, Twitter, X, Pershing
Dumb because they were run by bankers who failed to do the business of banking or manage risk. But other investors, the kind of Wall Street sharks who thrive on uncertainty, stand to make a killing. While some of the sharper investors on Wall Street see this mess as an opportunity, chaos cannot suit everyone. Last week the Federal Reserve reiterated its commitment to fighting inflation and continued to hike interest rates. The new rules — higher interest rates — will remain for the foreseeable future.
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