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Harvard's cooked. There continues to be rampant Title 9 violations with respect to admissions. Colombia was continuing
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to discriminate against Asian students. Harvard's original case was against Asian students. There was a bunch of
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woke stuff at other Ivy League schools like UPEN. There's all this rampant anti-semitism. It all needs to get
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fixed. I think that if you get a deal done, Harvard will have to capitulate. President Trump holds all the leverage
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and all the cards and there's nothing mathematically that Harvard can do. But at some point they will not have the
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budget to sustain themselves and they're going to get into a huge world of hurt.
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What they will have to do in order to finance their budget in probably 18 months is start to actively sell their
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private equity portfolio. Which by the way, there is no smart money on the street that's going to look at any
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private equity portfolio from Harvard without asking for 20 25 30 35 40% discount because your back will be
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totally against the wall. But the Ivy League, there's just something fundamentally broken.