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Home»World Economy»U Penn Loses Hundreds of thousands In Funding After Hamas Rallies
World Economy

U Penn Loses Hundreds of thousands In Funding After Hamas Rallies

DaneBy DaneDecember 11, 2023No Comments2 Mins Read
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U Penn Loses Hundreds of thousands In Funding After Hamas Rallies
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U Penn is the newest American college to lose a significant donor because of misled college students supporting Hamas. American universities had been the primary to advertise the woke agenda and far-left insurance policies. Therefore it isn’t stunning to see privileged children ripping down American flags and changing them with the Palestinian flag. Hedge fund supervisor and former U Penn alumni Ross Stephens is now rescinding $100 million in funding from the varsity after the varsity refused to sentence pro-Palestine protests.

College President Liz Magill tried to enact injury management after Steven’s announcement but it surely was too late. Ronald Lauder, inheritor of Este Lauder, additionally despatched a letter to President Liz Magill criticizing the Hamas rallies on campus. “You might be forcing me to reexamine my monetary help absent passable measures to deal with antisemitism on the college,” Lauder wrote.

One other billionaire, David Magerman, additionally penned Magill to advise her to hunt donations elsewhere. “I’m deeply ashamed of my affiliation with the College of Pennsylvania. I refuse to donate one other greenback to Penn,” he said earlier than saying he’ll “refuse to donate one other greenback to Penn.” Then billionaire Jonathon Jacobson threatened to ship Magill a mere $1 per yr till she leaves workplace “and the Board of Trustees grows the spine to satisfy its mission, which is to control the college in response to the ideas upon which it was based.” Even the previous governor of Utah, Jon Huntsman, condemned U Penn for remaining silent and pledged to stop donations.

That is taking place at colleges throughout America. As hedge fund billion Leon Cooperman stated earlier than pulling funding from Columbia College, “I believe these children on the faculties have s–t for brains.” Sadly these identical protestors could discover themselves on a battlefield in the future. The college system corrupted the youth and diluted their minds with this alternate actuality  the place Palestine loves the gays and American capitalism is accountable for the world’s issues.



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