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Private College 529 Plan locks in today's tuition rates, saving big on future costs and giving flexibility with school choice. Both LaShanda and Ben have been saving for their children's higher education using Private College 529 Plan. Learn more about setting your child up for success with Private College 529 Plan. When you save with Private College 529 Plan, you purchase tuition at then-current rates for each college in the plan. This post was created by Insider Studios with Private College 529 Plan.
Persons: Ben S, Ben, LaShanda, Spelman, they're, prepaying, It's, Roth Organizations: Private, Private College, College Board, Stanford, MIT, Princeton, Spelman College, Roth IRA, Insider Studios Locations: Arizona , Arkansas , Kansas , Maine, Minnesota , Missouri, Montana , Ohio, Pennsylvania
Instead, he drove from his hometown, Sealy, Texas, to Dallas and Southern Methodist University. At the time, Mr. Dickerson’s cars (S.M.U. gave him one, too) were a symbol of the wretched excess of big-time college sports. It was a time when boosters in the Southwest Conference doled out “$100 handshakes” and the S.M.U. Mustangs went 34-11-1 over Mr. Dickerson’s four years — the team’s vaunted Pony Express era.
Persons: Eric Dickerson, , Dickerson’s Organizations: Pontiac, Texas, Southern Methodist University, Southwest Conference, Mr, titans, Petroleum Club of Houston Locations: Sealy , Texas, Dallas
LOUISVILLE, Ky. (AP) — Louisville has reached an agreement with College of Charleston coach Pat Kelsey to become the Cardinals’ next men’s basketball coach, a person with direct knowledge of the situation told The Associated Press. Kenny Payne, a first-time head coach, was fired by Louisville on March 13 after going 12-52 the last two seasons at his alma mater. It marked the worst two-year stretch in the storied program's history and capped its third consecutive losing season after missing the NCAA Tournament in 2021. But unlike Payne, Kelsey brings experience and a record of coaching success at Charleston and Winthrop. Kelsey previously worked as a Wake Forest assistant and Xavier associate head coach.
Persons: Pat Kelsey, Jeff Goodman, Kenny Payne, Kelsey, of Famer Rick Pitino, Josh Heird, Payne, Xavier, Baylor’s Scott Drew, Dusty May, Richard Pitino, Rick Pitino, Seton Hall’s Shaheen Holloway, Josh Schertz Organizations: , College of Charleston, Cardinals, Associated Press, Louisville, of Famer, Charleston, Colonial Athletic Association, Cougars, CAA, Big South Conference, Wake Forest Locations: LOUISVILLE, Ky, — Louisville, Louisville, Winthrop, Florida, Michigan, Indiana
Harrison doesn’t have an overall diagnosis beyond being a French bulldog — an increasingly popular breed prone to health problems. While most patients pay out of pocket, AMC offers multiple initiatives to cover charity care, especially for rescue animals and working dogs. The price of veterinary services have increased in recent years because of inflation, but also because of advances in care. The same day Harrison visited the surgical suite, Lynx was brought in by a rescue group. “We get to take extraordinary care of rescue animals,” Spector said.
Persons: , Harrison, , Daniel Spector, Harrison doesn’t, Grace Kim, Kiki, , ” Spector, Spector, Jennie Anne Simson, Simson, we’ve, Helen Irving, Elaine, Kenneth Langone, Elaine Langone, they've, Emily McCobb, Kelly Hall, ” Irving, Kim Organizations: Animal Medical, AMC, Avian, Shepherd Fund, Buddy, Veterinary, Home Depot, Bucknell University, Cummings School of Veterinary Medicine, Tufts University, Colorado State University, Associated, Lilly Endowment Inc, AP Locations: New York City, French, Manhattan, Manhattan’s, anesthesiologists, Brooklyn, New York
After 16 months of planning, Rosenkranz chartered the widebody jet from Delta to transport 112 friends and family. Rosenkranz told BI he got the idea in October 2022 because many of his coworkers' retirements were disrupted by the pandemic. Related storiesHe told BI it cost him "a good year's salary," but added: "You can't put a price on something that was that big. Rosenkranz told BI he was only the second pilot in nine years to receive the honor. Courtesy of Keith RosenkranzRosenkranz told BI how he writes back to readers who become inspired to join the military.
Persons: , Keith Rosenkranz, that's, Rosenkranz, harter, ike, ake, orth, lew, ulf W, ade, ince Organizations: Service, Los Angeles International Airport, Delta Air Lines, LAX, Business, Airbus, Aviation, ust, ince Locations: Delta, ife
That was essentially the Nvidia CEO's message for students at his alma mater, Stanford University, where he spoke last week at the Stanford Institute for Economic Policy Research. When it comes to achieving success, Huang knows more than most. At last week's event, he told Stanford students how he personally developed the resilience necessary to build and run one of the world's most valuable companies. "To this day I use the phrase 'pain and suffering' inside our company with great glee," Huang told the Stanford students. With that in mind, Huang told a newer batch of undergrads last week that he hopes they experience their own character-building struggles: "For all of you Stanford students, I wish upon you ample doses of pain and suffering."
Persons: Jensen Huang, isn't, it's, Huang, he's, Fortune Organizations: Nvidia, mater, Stanford University, Stanford Institute for Economic Policy Research, Bloomberg, Stanford, Research, CNBC
Nvidia boss Jensen Huang told Stanford students that success is earned through suffering. The billionaire told students people with high expectations generally have low resilience. "I think one of my great advantages is that I have very low expectations," Huang, who graduated with a master's degree from Stanford in 1992 and is now worth around $80 billion, responded. "People with very high expectations have very low resilience, and unfortunately, resilience matters in success," Huang said. AdvertisementHuang then joked: "For all of you Stanford students, I wish upon you ample doses of pain and suffering."
Persons: Jensen Huang, Huang, , isn't, It's Organizations: Nvidia, Stanford, Service, mater, Stanford Institute for Economic Policy Research, New Locations: Stanford, Taiwan, Kentucky
Among the scattered notes taped to the door of the Irish author Colum McCann’s home office in Manhattan is a photograph of James Foley, the American journalist who was murdered by members of the Islamic State in August 2014. But Foley missed the message. She was busy creating the James W. Foley Legacy Foundation, an organization focused on protecting journalists and ensuring the freedom of Americans held hostage or wrongfully detained abroad. Then, in 2021, McCann and Foley found themselves on the same Zoom call. It was for a Marquette University book club; the group was reading another of McCann’s novels, “Apeirogon,” and Marquette was James Foley’s alma mater, so his mother had been invited.
Persons: Colum McCann’s, James Foley, ” McCann, James Foley’s, Diane Foley, , Foley, James W, McCann, Organizations: Islamic State, Marquette University Locations: Manhattan, American, , Marquette, James Foley’s alma
As a single mother and professor, I struggled financially, so we moved into a rental on campus. My two daughters grew up on the college campus where I worked, and the students became mentors. As a single parent, I raised two daughters — now 24 and 18 — in a tiny campus rental with a view of a white barn and sloping mountains. A pragmatic horticulturist, he'd watched my children walk through his yard to the bus stop each morning. AdvertisementBut what I couldn't explain was my attachment to this college, its students, and its support system.
Persons: , Tom, he'd, Rodney Lytle, Alma Shippy, Painter Dave, Warren, Annie, Sierra, I'd, I've Organizations: Service, Warren Wilson College, Sierra Locations: North Carolina, Tallulah
From The Searle Freedom TrustThis year, the Searle trust is poised to play an even bigger role as it empties out its coffers. Researchers who study political nonprofits say that the Searle trust has had a major impact, even as the Searle family has stayed under the radar compared to more well-known conservative benefactors. The Searle trust is one of the most prolific funders of conservative groups among all private foundations, according to a CNN analysis of nonprofit tax data. The Searle trust has given millions to the Foundation for Government Accountability, which has worked behind the scenes to push conservative policies such as stricter voting laws. Dennis, the CEO of the Searle trust, is also the chair of DonorsTrust.
Persons: Searle, Daniel C, Trump, Donald Trump, , Galen Hall, who’s, Kimberly Dennis, ” Searle, , Sarah Scaife, doesn’t, Michael B, Thomas, SPN, They’ve, ” Brendan Fischer, Brendan Fischer, “ They’ve, ” Hall, Caleb Rossiter, ” Galen Hall, movement’s MAGA, It’s, Mike Pence, that’s, Dennis, Henry Ford, John D, Rockefeller, ” Fischer, Gideon, Michael Searle, ” Dennis, “ We’re, Dan, Gideon Daniel Searle, Daniel Searle, Jonathan Eig, Jack Searle, Daniel Searle’s, Gregory Pincus, John Rock, Pincus, weren’t, , Sue, Eig, Margaret Marsh, Enovid, misoprostol, Searle –, Pfizer –, ” Daniel Searle, Donald Rumsfeld, Searles, Biden, Wade, Dobbs, Kristen Batstone Organizations: CNN, Searle Freedom Trust, University of Michigan, Sarah Scaife Foundation, Searle, American Enterprise Institute, Reason Foundation, Tax Foundation, Manhattan Institute, Cato Institute, Foundation, Government, State Policy Network, American Legislative Exchange Council, Fair, Pacific Legal Foundation, Federalist Society, Competitive Enterprise Institute, Environment Research Center, CO2 Coalition, Heartland Institute, , CO2, Heartland, Republican Party, movement’s, America, Policy Institute, Trump, American Freedom Foundation, Everett, FDA, Rutgers University, Pfizer, Monsanto, Heritage Foundation, Reason, Affordable, New Civil Liberties Alliance, Public Policy Center, Claremont, National Women’s Health Network, Trust, IRS Locations: Missouri, St, Louis , Missouri, California, judgeships, , Omaha, Metamucil, Dramamine, Puerto, Brazil, Diet Coke, America
New York CNN —Students at the Albert Einstein College of Medicine in New York will receive free tuition after a $1 billion dollar donation from a former faculty member. In 2010, their gift of $25 million to the Albert Einstein College of Medicine went towards creating the school’s Institute for Stem Cell Research and Regenerative Medicine. Professor Emerita of Pediatrics at Albert Einstein College of Medicine and The Lizette H. Sarnoff Award recipient Ruth L. Gottesman, Ed.D. Brent N. Clarke/Getty ImagesDr. Ruth Gottesman joined the medical school in 1968 and developed screening, evaluation and treatments for children with learning disabilities. In 2018, in part due to Langone’s donations, NYU’s School of Medicine became the first medical school in the country to offer free tuition to accepted students.
Persons: Ruth Gottesman, David “ Sandy ” Gottesman, Berkshire Hathaway, Warren Buffett, Philip Ozuah, Sandy Gottesman, , Sandy, , H, Sarnoff, Ruth L, Brent N, Clarke, Emily Fisher Landau, Ruth Gottesman’s, Michael Bloomberg, Ken Langone, Yaron Tomer, Albert Einstein Organizations: New, New York CNN, Albert Einstein College of Medicine, Montefiore Medicine, Manhattan Co, school’s, Stem Cell Research, Regenerative, Sinai, Pediatrics, Rehabilitation Center, Emily Fisher Landau Center, Johns Hopkins University, Home Depot, NYU’s School of Medicine, Association of American Medical Colleges, Locations: New York, Berkshire, Manhattan, New York City, Bronx
Stefanik has often explained it herself: She saw Trump’s popularity in her upstate New York district and got on board. That first impeachment proceeding made her a “Republican star,” as Trump himself said at the time. When there was a nationwide baby formula shortage in 2022, Stefanik blamed the “White House, House Dems, & usual pedo grifters” on social media. One upset donor told CNN in 2023 that he gave to Santos “because of Elise Stefanik’s endorsement.” Stefanik frequently denied any previous knowledge of his Santos’ history. “The American people stand with President Trump,” Stefanik wrote, “against the unethical, unconstitutional, and unprecedented weaponization of the judicial system.”CNN’s Alayna Treene contributed to this story.
Persons: , Donald Trump –, Elise Stefanik, Trump’s, , Stefanik, Trump’s staunchest, Joe Biden’s, Claudine Gay, she’d, Paul Ryan, Trump, she’s, MAGA, , ” Stefanik, Kevin McCarthy, Ohio Sen, J.D, Kari Lake, Kristi Noem, Sarah Huckabee Sanders, Nikki Haley, Vance, Ben Carson, Jim Jordan of, Florida’s Matt Gaetz, Steve Bannon, Vivek Ramaswamy, , he’s, Nancy Pelosi, ” “, George Santos, Santos “, Elise Stefanik’s, Santos, Letitia James, Alayna Treene Organizations: CNN, Donald Trump – New York, Republican, GOP, Yorker, Harvard University, Time Magazine, Trump, California Rep, Ohio, South Dakota Gov, Arkansas Gov, White House, Conservative Political, Conference, Former South Carolina Gov, Trump Republicans, New, House Dems, ” “, New York Republican, New York Times, Washington and New York, Congress, New York, Trump’s Locations: , America, alma mater, New York, Vance , Arizona, South, Washington, Lake, Jim Jordan of Ohio, detractor, Lago, vouching, Washington and New, Florida
A neutron star is the collapsed core of a supergiant star that's gone supernova. Pulsar neutron stars, like the one astronomers believe SN 1987A left behind, emit pulses of X-rays. AdvertisementStudying SN 1987A has deepened astronomers' understanding of supernovae and the role they play in our ever-evolving universe. Before JWST, astronomers lacked a telescope powerful enough to observe the compact object that SN 1987A left behind. Advertisement"We interpreted this as being conclusive evidence that the emission lines we were seeing were the result of radiation from the neutron center," Kavanagh said.
Persons: What's, James Webb, David Malin AAT, Patrick Kavanagh, Everest, hadn't, Kavanagh, SN1987A, Chandra, ALMA, JWST, J, Larsson, Claes Fransson, P.J . Kavanagh, " Kavanagh Organizations: Business, Science, Maynooth University, American Association for, Advancement of Science, NASA, Wikimedia, SN, Hubble, ESA, Stockholm University
Opinion | Can Culture Be Society’s Savior?
  + stars: | 2024-02-17 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “How to Save a Sad, Lonely, Angry and Mean Society,” by David Brooks (column, Jan. 28):As a published author married to a writer/filmmaker, I deeply appreciated Mr. Brooks’s column. It pains me to witness the modern-day devaluation of the arts and humanities. When I was a child, my art history major mother dragged me to many of the world’s great museums: the National Gallery of Art, the Met, the Louvre. I may have protested after the first hour, but certain works left indelible impressions: the terrifying passion of Klimt’s “Kiss,” the seductive movement of the Calder mobile. Likewise, literature plunged me into different perspectives.
Persons: David Brooks, Ingalls, Brooks, MeiMei Fox, David Brooks’s Organizations: Gallery of Art, Met, Calder, mater, Stanford University, “ College Locations: Louvre, , MeiMei Fox Honolulu
Autry Stephens is set to be one of the world's richest people after selling his oil business. The sale is set to create one of the biggest drillers poised to take advantage of Texas' oil boom. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Autry Stephens sold his company, Endeavor Energy Resources, to Diamondback Energy earlier this week. Asked by the Journal what he would do with his newfound billions, Stephens said that he hadn't really thought about it yet.
Persons: Autry Stephens, , Stephens, he's, Lyndal Greth, wasn't, Nvidia's Jensen Huang, Mark Zuckerberg Organizations: drillers, Service, Endeavor Energy Resources, Diamondback Energy, Bloomberg, Wall Street, Endeavor, ExxonMobil, ConocoPhillips —, Cruiser, Southwest Airlines, University of Texas Austin, UT Austin Locations: Texas
New York CNN —Bob Edwards, the longtime National Public Radio host and a goliath of the broadcasting world, died on Saturday, his wife, NPR reporter Windsor Johnston, confirmed in a Facebook post. “Bob Edwards understood the intimate and distinctly personal connection with audiences that distinguishes audio journalism from other mediums, and for decades he was a trusted voice in the lives of millions of public radio listeners,” NPR CEO John Lansing said in a statement Monday. “Staff at NPR and all across the Network, along with those millions of listeners, will remember Bob Edwards with gratitude.”Edwards began his 30-year tenure at NPR in 1974, when the network was still in its infancy. He co-hosted “All Things Considered,” NPR’s evening show, before spearheading “Morning Edition” as its inaugural host in 1979, a position he held until 2004. “Morning Edition will continue to be my first source for news,” he wrote in a letter to listeners about his exit.
Persons: Bob Edwards, Windsor Johnston, “ Bob Edwards, John Lansing, ” Edwards, Ellen McDonnell, Edwards, Bob, , , we’ve, It’s, Edward R, Murrow, Gabriel, Alfred I, du Pont, Red Barber, “ Edward R Organizations: New, New York CNN, longtime National Public Radio, NPR, “ Staff, Los Angeles Times, University of Louisville, US Army, American Forces Korea Network, Corporation for Public Broadcasting, National Catholic Association of Broadcasters, Columbia University Award, Radio Hall of Fame, Journalism Locations: New York, Kentucky, New Albany , Indiana
How a Dior bag shook South Korean politics
  + stars: | 2024-02-09 | by ( Yoonjung Seo | Nectar Gan | ) edition.cnn.com   time to read: +15 min
Seoul, South Korea CNN —South Korean President Yoon Suk Yeol is months out from a crucial election seen as a barometer of his mid-term popularity, but surveys show he has a big problem – the latest scandal surrounding his wife. “But with the Dior bag, there is this powerful visual evidence.”South Korean President Yoon Suk Yeol and his wife, Kim Keon Hee, attend an Independence Movement Day event in Seoul on March 1, 2023. The channel also provided Choi with the wristwatch and the Dior bag, according to the pastor. By appearing to not reject the bag, Kim gave ammunition to critics who have long accused her of using her position for personal gain. In a Gallup Korea survey last month, 56% of respondents said Kim should apologize for allegedly receiving the Dior bag.
Persons: Yoon Suk Yeol, Kim Keon Hee, Yoon, Kim, Dior, , , Cho Hee, Jung Yeon, Choi Jae, Choi, Yoon Suk, ” Yoon, Shin Pyeong, , Cho, it’s, Hongik University Choi, Kim Yun, Park, hye, Patrick van Katwijk, Marie Antoinette, Han Dong, Han, he’d, Leon Neal, ” Kim, ” Kim Yun, Kyung Hee University “ She’s, Deutsch, Kim’s Organizations: South Korea CNN — South, CNN, Hongik University, , Getty, of, KBS, Kyung Hee University . South, Gallup Korea, Gallup, Power Party, Democratic Party, PPP, South, Kyung Hee University, Kookmin University, Deutsch Motors, BMW Locations: Seoul, South Korea, American, of Seoul, North Korea, Pyongyang, Netherlands, Gallup Korea, Bali , Indonesia, Korea
(AP) — Mississippi's state auditor filed court papers Monday renewing his call for Brett Favre to repay the state for welfare money that the auditor says was improperly spent on projects backed by the retired NFL quarterback. White said in 2020 that Favre had improperly received $1.1 million in speaking fees from a nonprofit organization that spent welfare with approval from the Mississippi Department of Human Services. The money from the Temporary Assistance for Needy Families program was to go toward a volleyball arena at the University of Southern Mississippi. “Favre had no legal right to the possession or control of this $1.1 Million,” White's attorneys wrote in the court filing Monday. No criminal charges have been brought against Favre, although a former department director and other people have pleaded guilty to their part in the misspending.
Persons: JACKSON, Brett Favre, Shad, White, Favre, “ Favre, , Shannon Sharpe, who's, Pat McAfee, McAfee Organizations: , NFL, Favre, Pro Football Hall of Fame, Mississippi Department of Human Services, University of Southern, Associated Press, Department of Human Services Locations: Miss, — Mississippi's, Mississippi, University of Southern Mississippi
John Chambers grew up in West Virginia and went on to run what was once the world’s most valuable company, the computer networking firm Cisco Systems Inc. Now he is trying to help economically lagging West Virginia by making it a “start-up state” akin to Israel, which has been called the start-up nation. I interviewed Chambers recently about his hopes and the magnitude of the challenge. Chambers was born in 1949 while his parents were in medical school at Case Western Reserve University in Cleveland. He grew up mostly in Charleston, W.Va., and earned a bachelor’s degree and a law degree from West Virginia University. Chambers became a salesperson for IBM, then for Wang Laboratories, before joining Cisco in 1990, six years after the company was founded in Silicon Valley.
Persons: John Chambers, Chambers, Organizations: Cisco Systems Inc, Case Western Reserve University, West Virginia University, Mountain, IBM, Wang Laboratories, Cisco, JC2 Ventures, John, John Chambers College of Business Locations: West Virginia, Israel, Cleveland, Charleston, W.Va, Mountain State, Ravenswood, , Silicon Valley, mater
In Indonesia, sitting presidents are allowed to campaign for candidates provided they do not use state resources and take official leave to do so, but incumbents have typically remained neutral. The furore has prompted Jokowi to repeatedly clarify his stance and even show reporters print-outs of the election law to clear his name. "Some of our campaign activities were indeed cancelled or not permitted by various local governments...and non-governmental entities, which likely were influenced by those in power," said Ade Chandra, a campaign spokesperson for rival presidential candidate Anies Baswedan. State rice handouts have allegedly included Prabowo campaign stickers, prompting complaints from rivals, according to media. Discontent with Jokowi's actions is also extending to his cabinet, from which chief security minister Mahfud MD, who is a vice presidential candidate on a rival ticket, has said he will resign soon.
Persons: Kate Lamb, Stanley Widianto, Joko Widodo, Prabowo Subianto, Prabowo, Jokowi, Ade Chandra, Anies Baswedan, Mahfud, Kanupriya Kapoor, Raju Gopalakrishnan Organizations: Defence, Prabowo, Gadjah Mada University Locations: Stanley Widianto JAKARTA, Indonesia, alma, Gadjah Mada
CNN —Black History Month, which gets underway this week, is a chance to give Americans the timely reminder that you can’t teach our history honestly without understanding Black struggle and triumph. There are few aspects of America’s past that haven’t been impacted by conscientious Black people and their resistance to systemic racism and illiberal democracy. The situation at Harvard has been made more dire by the university’s failure to push back sufficiently against broader political attacks. Another vocal critic of Penslar is the former Harvard president Lawrence Summers, who was also an outspoken opponent of Gay’s. As an academic institution, we should be leading the resistance to these assaults on higher education, not bowing to them.
Persons: Khalil Gibran Muhammad, ” Khalil Gibran Muhammad, Virginia Foxx, ” Foxx, , Claudine Gay, Foxx, , haven’t, Donald Trump, Adolph Hitler, Alan Garber, Gay, , Garber, Derek J, Harvard’s, Penslar, Bill Ackman, Lawrence Summers, Black Organizations: Ford Foundation, Harvard University, CNN, Harvard Kennedy School, Republican, University of Pennsylvania, GOP Rep, Global, Harvard Divinity School, , Racial, Harvard, Republican Party, Equity Locations: American, United States, America, Florida, Gaza, Israel
Israel and Hezbollah each have lessons from their last war, in 2006, a monthlong conflict that ended in a draw. A United Nations resolution ending the war called for withdrawal of Israeli forces from Lebanon and a demilitarized zone on Lebanon's side of the border. Israeli political and military leaders have warned Hezbollah that war is increasingly probable unless the militants withdraw from the border. Hezbollah leader Hassan Nasrallah hasn't threatened to initiate war but warned of a fight “without limits” if Israel does. Costs would rise sharply if there's war with Lebanon.
Persons: They've, U.N, Antonio Guterres, Hassan Nasrallah hasn't, Andrea Tenenti, Lisa Abou Khaled, , Tal Beeri, there's, Israel's, Orna Mizrahi, Netanyahu, Dina Arakji, ___ Lidman Organizations: United States, United, U.S, Bank of Israel, Alma Research, Education Center, Israel Democracy Institute, Institute for National Security Studies, Gaza's Health Ministry, Lebanese Locations: BEIRUT, Israel, Gaza, United, Lebanon, United Nations, Europe, Iran, Israel's, , Syria, Iraq, Yemen, Beirut, , Tel Aviv
Read previewA longtime JPMorgan executive who has kept a low public profile while cultivating a reputation as a successful trader with a talent for managing risk is emerging as a contender to succeed Jamie Dimon as chief executive. His new position through the internal shuffle has vaulted him more publicly and prominently into the most closely watched succession race on Wall Street. JPMorgan executive David Hudson told the publication that he returned to JPMorgan after working at Nomura in 2010 "to work for Troy." Rohrbaugh's other stops at JPMorgan have been head of global markets and head of macro markets. A senior JPMorgan executive who works with Rohrbaugh recalled that time during the pandemic.
Persons: , Jamie Dimon, Dimon, Troy Rohrbaugh, Jennifer Piepszak, Wall, Marianne Lake, Rohrbaugh, Goldman Sachs, Euromoney, Eddie Wen, David Hudson, He's, Gary Gensler's, Goldman, Cantor Fitzgerald, Tim Soulas, Cantor, Johns Hopkins, you've, he'll, Kaja Whitehouse, Alex Morrell Organizations: Service, JPMorgan, Wall, Business, CIB, North America, Goldman, Nomura, Troy, Federal Reserve Bank of New, Global, Securities, Exchange, Banque Nationale, CooperNeff, Philadelphia Stock Exchange, World Trade Center, New York Daily News, Gilman School, Johns Hopkins University, Alpha Delta Phi, Baltimore Sun, Bloomberg Locations: Dimon, North, JPMorgan's, Canadian, Manhattan, Baltimore, Maryland, New York
At a conference in Miami on Tuesday, Griffin expressed deep frustration with the state of American universities, including the disastrous testimony before Congress by the presidents of Harvard, MIT and UPenn. Griffin, the founder of hedge fund Citadel, said he is no longer supporting Harvard financially but would like that to change. The donor backlash at Ivy League schools raises questions about the sway wealthy individuals hold over educational institutions. Just last April, Griffin made a $300 million gift to Harvard’s Faculty of Arts and Sciences (FAS). Griffin suggested that students at elite schools are “just caught up in the rhetoric of oppressor and oppressee and… just like whiny snowflakes.”The billionaire also reiterated that he won’t hire students who signed an anti-Israel statement issued by Harvard organizations in October.
Persons: Ken Griffin, ” Griffin, Griffin, CNBC’s Leslie Picker, , , “ Will, it’s “, Leslie Wexner, Len Blavatnik Organizations: New, New York CNN —, Harvard University, Harvard, University of Pennsylvania, MIT, UPenn, Citadel, MFA Network Miami, Ivy League, Harvard’s Faculty of Arts and Sciences, FAS, Harvard College, Bloomberg Locations: New York, Columbia, Miami, microaggressions, Israel
Read previewWhen the rich give to charity, they find a way to get the most bang for their buck. If the trust assets are invested and achieve an annual rate of return of 9% a year, the CLT's remainder will be $2.1 million. Advertisement"It's a fantastic low interest rate play," said Renn. "The problem now is rates have really risen and it's to the point where some investments clearly can outperform a 4% or 5% interest rate, but others might struggle." In this interest rate environment, charitable remainder trusts (CRTs) have better odds.
Persons: , Jacqueline Kennedy Onassis, Walton, Lance Morgan, Ed Renn, I've, Renn, Dan Griffith, Griffith, CLTs, Onassis, CLATs, Alice, Jim Walton, Rick T, Jennifer Galvagna, Michael Prinzo, they're Organizations: Service, Tax, Business, Bloomberg, Huntington Private Bank, Walmart, Bank of America Private Bank Locations: Withersworldwide, CLTs, Fayetteville , Arkansas, Israel, Palestine
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