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Oof. “And” could have been the question.

Rational markets

Email from Penn Board of Trustees that President Magill resigned.

University of Pennsylvania President Liz McGill is being asked to resign by the board of Penn's Wharton business school, according to a letter obtained by Axios.

https://www.axios.com/2023/12/08/penn-antisemitism-wharton-magill-resign

@MickBransfield Marc Rowan. Not only a sharp capitalist, but someone of values.

Fallout from congressional testimony has been brutal, but understandable if you watch the testimony.

https://www.nytimes.com/2023/12/06/us/harvard-mit-penn-presidents-antisemitism.html?smid=nytcore-ios-share&referringSource=articleShare

More pressure on the presidents of Harvard and Penn (as well as MIT). Rep Elise Stefanik even says they should resign during the hearing.

Queue the Law and Order music:

https://www.cnn.com/2023/10/20/business/upenn-dick-wolf-liz-magill/index.html

Law & Order creator Dick Wolf implores UPenn president to quit | CNN Business

Dick Wolf, the creator of “Law & Order,” wrote a letter to Liz Magill pleading with her to step down as president of the University of Pennsylvania.

https://www.cnn.com/2023/10/18/business/president-upenn-donors-protest-israel/index.html

UPenn crisis deepens: Former trustee calls for president to resign as donors bail | CNN Business

Former University of Pennsylvania trustee Vahan Gureghian is calling for Liz Magill, the Ivy League school’s president, to step down and warned the backlash from powerful donors will likely get worse over a growing uproar over how the school has dealt with allegations of antisemitism on campus.