Tom Ellsworth
👤 PersonAppearances Over Time
Podcast Appearances
He's saying that the board is the problem. He's saying that he thinks Alan Garber is by and large a pretty reasonable leader. Bill said that. But he also said the concept that a board is doing this is wrong. If this was a publicly traded company, they would have made the change already because they would have been scared about their stock price. But they're private.
He's saying that the board is the problem. He's saying that he thinks Alan Garber is by and large a pretty reasonable leader. Bill said that. But he also said the concept that a board is doing this is wrong. If this was a publicly traded company, they would have made the change already because they would have been scared about their stock price. But they're private.
And as a private company taking public dollars, you need to be called to account. You're being called to account. And instead of saying we're sorry... Instead of saying, we'll change it. Instead of saying, you're right, maybe these Jewish students and people on campus shouldn't have felt fear with these protests. They say, your move is highly illegal and destructive to Harvard.
And as a private company taking public dollars, you need to be called to account. You're being called to account. And instead of saying we're sorry... Instead of saying, we'll change it. Instead of saying, you're right, maybe these Jewish students and people on campus shouldn't have felt fear with these protests. They say, your move is highly illegal and destructive to Harvard.
Well, damn right it is, and it should be destructive to you if you need public funds to survive, yet you're sitting on tens of billions of dollars in endowment. Are you kidding me? So I think Bill Ackman was right, and if anything, he's a little bit measured, because I think, Für zu lange sind sie politische Institutionen geworden. Harvard wurde gegründet, um die Gemeinschaft zu servieren.
Well, damn right it is, and it should be destructive to you if you need public funds to survive, yet you're sitting on tens of billions of dollars in endowment. Are you kidding me? So I think Bill Ackman was right, and if anything, he's a little bit measured, because I think, Für zu lange sind sie politische Institutionen geworden. Harvard wurde gegründet, um die Gemeinschaft zu servieren.
Und einer der Ziele, also die Leute, die sagen, es wurde gegründet als Seminarium, ist falsch. Aber einer der wichtigen Ziele war es, Minister für öffentlichen Service zu trainieren. Also wie weit ist der Apfel vom Baum gefallen?
Und einer der Ziele, also die Leute, die sagen, es wurde gegründet als Seminarium, ist falsch. Aber einer der wichtigen Ziele war es, Minister für öffentlichen Service zu trainieren. Also wie weit ist der Apfel vom Baum gefallen?
Is this the same Pritzker family?
Is this the same Pritzker family?
Yeah. So the boards nowadays can get sued by the shareholders. And now if someone asks you to be on a board of a company, and Pat and I both know about this, they want to check you out. And you ask, okay, would you have officer and director's insurance? And what is the status of your board? Do you want me to be on the compensation committee, the audit committee?
Yeah. So the boards nowadays can get sued by the shareholders. And now if someone asks you to be on a board of a company, and Pat and I both know about this, they want to check you out. And you ask, okay, would you have officer and director's insurance? And what is the status of your board? Do you want me to be on the compensation committee, the audit committee?
The boards are there and the board members can be sued. So the board members have more accountability than ever, which is why boards sometimes take actions quickly, good boards, against the CEO that's way outside the lines. Do you know what the Pritzker family is famous for?
The boards are there and the board members can be sued. So the board members have more accountability than ever, which is why boards sometimes take actions quickly, good boards, against the CEO that's way outside the lines. Do you know what the Pritzker family is famous for?
May the food be with you.
May the food be with you.
Ich werde direkt aufhören mit dir. Die Laufzeit auf Victimhood ist kurz. Und auf einmal hatte sie ein Produkt, das sie offerten könnte. Und sie hatte einen wundervollen Buch. Und sie repräsentierte, weißt du, heilige Essen und solche Dinge. Und sie hatte... Sie war inspirierend. And more purpose. She was inspirational. And by the way, in the White House, let's break it down, folks.
Ich werde direkt aufhören mit dir. Die Laufzeit auf Victimhood ist kurz. Und auf einmal hatte sie ein Produkt, das sie offerten könnte. Und sie hatte einen wundervollen Buch. Und sie repräsentierte, weißt du, heilige Essen und solche Dinge. Und sie hatte... Sie war inspirierend. And more purpose. She was inspirational. And by the way, in the White House, let's break it down, folks.
1.3 million coming in, 12.2 going out. I did the before taxes. So before taxes, the Obamas averaged 1.96 million per year before taxes. As president, he only made about 300 grand. So something was going on, they were getting book deals, they were getting speaking, she was getting paid to speak, like at universities and stuff. So there was all this going on, but now, guess what?
1.3 million coming in, 12.2 going out. I did the before taxes. So before taxes, the Obamas averaged 1.96 million per year before taxes. As president, he only made about 300 grand. So something was going on, they were getting book deals, they were getting speaking, she was getting paid to speak, like at universities and stuff. So there was all this going on, but now, guess what?