Word: ellison
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Dates: during 2000-2009
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...reason I didn't finish my gift to Harvard was because of the way Larry Summers suddenly left Harvard. I lost confidence that that money would be well spent," Ellison said, according to the Daily Telegraph of Britain...
...Although Ellison told the Wall Street Journal in June 2005 that the donation was "absolutely going to happen," Oracle spokesman Bob Wynne was quoted by the Bloomberg news agency Tuesday as saying, "There was never a formal agreement between Larry Summers and Larry Ellison...It was a discussion...
Today's announcement was not unexpected–a number of news sources have reported in recent weeks that the nascent Ellison Institute for World Health at Harvard recently laid off three managers...
Just days before University President Lawrence H. Summers steps down after losing the confidence of professors, Oracle CEO Lawrence J. Ellison announced that he has lost trust in Harvard University and will not carry through on a pledge made one year ago to donate $115 million dollars to create an institute to study global health initiatives...
...donation would have been the largest in Harvard’s history, but Ellison said Tuesday that with Summers gone, he has lost faith in the University to properly administer the funds...