Putting money where my mouth is
Previously: Okay, you can stop now.
To be clear: I have a huge problem with the fact that John Paulson convinced my school to deface its name for his own gratification; I don't actually have a huge problem that he gave $400M to Harvard SEAS instead of leaving it in his other sundry investments. (And I don't have a problem with the fact that he earned the money on Wall Street.) This post is a continuation of my thoughts, in something of a stream of consciousness.
Lots of other people do have a problem with the donation, though. Matt Levine, writing at the Bloomberg View with his tongue firmly in-cheek, sums them up without taking much of a side:
It's possible that there's a secret club of billionaires competing to give tons of money to the philanthropies that make people angriest. The Koch Brothers and George Soros could be co-presidents, and John Paulson shot to the top of the league table in 2012 when he gave a $100 million