Letter regarding preliminary fact-finding about MIT and Jeffrey Epstein
news.mit.edu
news.mit.edu
Do universities routinely do this (with money from Epstein, or other unsavory individuals)?
For another there were at least 2 types of epstein donations made to him, one of which was for “personal usage”.
Dude, before vindicating folks u gotta read the entire story plot.
I was not vindicating Ito of anything except the narrow charge (made in Ronan Farrow’s New Yorker article) of attempting to hide the source of Epstein funds from MIT by marking them as anonymous. It’s clear now from Reif’s letter that this was actually done with MIT’s knowledge and at MIT’s request.
Both Ito and MIT decided to take Epstein’s money, knowing that he was a convicted sex offender.
But any funding process has to ultimately be signed off by the administration.
This is usually President level, unless it is “personal usage”.
Ito received both cash envelopes. The one for mit had to be signed off via routine anonymous so to pass mit administration.
Whether the arrangement was explicit or implicit, if Epstein name is mentioned it can’t be signed. But I can approve as anonymous source. Also I don’t care if you receive ur own personal envelopes for your startup and other side investments.
"First, the Goodwin Procter team has found a copy of a standard acknowledgment letter thanking Jeffrey Epstein for a gift to Seth Lloyd – as far as we know now, the first gift received at MIT after Epstein’s conviction. I apparently signed this letter on August 16, 2012, about six weeks into my presidency. Although I do not recall it, it does bear my signature."
Just a standard letter thanking a convicted sex offender, but now that you mention it, yes, it does seem to bear my signature. Moving on...
"Information shared with us last night also indicates that Epstein gifts were discussed at at least one of MIT’s regular senior team meetings, and I was present."
Yes, I suppose there was also a meeting (or possibly more than one) where the appropriateness of accepting gifts from that same sex offender were discussed, and now that you mention it, I suppose I was in attendance at at least one of them. But who's counting!
The tone of the letter reminds me of the recent McSweeney's article that was discussed here, in the form of a letter from management cheerfully explaining why they will be moving from an open office plan to "a towering panopticon": https://www.mcsweeneys.net/articles/our-open-plan-office-fai...
Although I also get echoes of that wonderful Donald Barthelme story about getting together to hang an old friend: "Some of us had been threatening our friend Colby for a long time, because of the way that he had been behaving. And now he'd gone too far, so we decided to hang him. Colby argued that just because he had gone too far (he did not deny that he had gone too far) did not mean that he should be subjected to hanging. Going too far, he said, was something everybody did sometimes. We didn't pay much attention to this argument. We asked him what sort of music he would like played at the hanging."
http://web.mit.edu/jemorris/humor/gone.too.far (linking to the copyrighted story on an MIT site, because why not)
Bring the popcorn, the MIT-Epstein story looks like it's just getting started!
“Although I did seem to be present, I do not recall it!”
It’s the best dark chuckle I’ve had all year.
The dystopian version of the future would give us warnings of meeting participants likely to do something cancelable in the future that is likely to create and cancel wave that could impact meeting with them now.
I've actually met him personally a number of times and this letter concurs with my assessment of him as being earnest and sincere to a fault. You can generally take what he says at face value without needing to deconvolve layers of Machiavellian intrigue. He's a caring and decent person and though he clearly made a huge mistake here, I don't think he would have accepted the money if he'd known more about Epstein. This is my opinion.
I wonder if this means he thinks his risk of firing is less from being incompetent in minor matters than from supporting sex offenders.
It's a false integrity.
Many senior executives do that.
I think we need more transparency if it comes with accountability. There was much transparency in the Aaron Swartz debacle and that just frustrated me because there were no changes made by MIT and the same leadership is in place and, I think, would make the same decisions today as then.
As a big fan of transparency and it’s usefulness for collaboration, it annoys me when it’s used as some strange salve for fuckups. The annoyance is that it works.
Will they send the money 'back' to some charity or group that works to help victims?
Or just more cheap sorries but-thanks-for-the-expensive-equipment?
quick edit: MIT's endowment is worth over $16billion, they can afford to say no. https://news.mit.edu/2018/mit-endowment-financials-0914
(1) Saying no to Epstein isn't a big deal. Saying no to everyone LIKE Epstein is a very different story. This is just the one time they got caught.
(2) Endowment is only $16 million per professor. See: Growing faculty compensation. Growing expectation that EVERYONE's a millionaire.
What would be useful is to actually use the money for something useful.
mit has to work on ethics a bit more.