Column: Will billionaire Bill Ackman ever learn to shut up?
LA TimesThere was a time, I must admit, when the hedge fund billionaire Bill Ackman was one of my Wall Street heroes. “Rewarding her with a highly paid faculty position sets a very bad precedent for academic integrity at Harvard.” That’s the public position that has come back to bite Ackman where it hurts the most. Not that doubts about her output are entirely new: In 2018, Rachelle Hampton of Slate.com memorably, and accurately, described Oxman’s Twitter feed as “a stream of majestic gobbledygook.” The Streisand Effect demonstrated its potency as recently as Monday, when Ackman posted a fantastically lengthy tweet responding to a report in Business Insider about Oxman’s dealings with the late sex trafficker Jeffrey Epstein, who had been a big contributor to the MIT Media Lab. Ackman objected to Business Insider’s assertion that he “pressured” MIT in emails to keep Oxman’s name out of the developing Epstein scandal. After their one meeting in 2015, Ackman says, Oxman “never accepted an invitation or saw or spoke to again.” The MIT report doesn’t state otherwise.
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