Billionaire Behind Claudine Gay Attacks Might Have A FARA Problem
By Thomas Anderson
Billionaire hedge fund manager Bill Ackman has been on a campaign to end the career of Claudine Gay and grasp control of the Board of Harvard. He’s been enormously successful in forcing the resignation of Gay and is now focused on bringing down whoever he can on their Board. His claim for why he is on this crusade to attack Claudine Gay is tied to his belief that Claudine Gay used DEI to radicalize the Harvard student body into an antisemitic den of hatred and evil. The pro-Palestinian protests on Harvard’s campus and complaints from Jewish students about the protests creating a dangerous environment are what led Ackman to personally get involved to rectify the situation.
A deeper look at Ackman’s hedge fund’s investments appears to show a different reason for his involvement in Gay’s demise. Ackman has a “large” bet placed on the Hong Kong dollar in which he needs the Chinese government to de-peg the Hong Kong dollar from the American dollar to win the bet. He placed his bet in late 2022, and reports show he’s losing bad and needs Beijing to de-peg Hong Kong from the U.S. dollar sooner rather than later. With such a high profile bet hanging in the balance Ackman’s activities against Harvard appear to be a professionally run political operation that started against Claudine Gay months before her resignation. The admission of a group of activists and journalists to orchestrating the entire multi-month attack on Gay appears to be connected to this bet rather than Ackman’s desire to save Harvard from antisemitic DEI hell.
