After exit of Claudine Gay, Bill Ackman paints bull's-eye on diversity programs

Billionaire hedge fund manager Bill Ackman, a ringleader in the campaign to oust former Harvard University President Claudine Gay, is fixing his sights on another target that he says has facilitated racism at universities and in corporate America: diversity, equity and inclusion programs.

Ackman penned a 4,000 word takedown of DEI programs, which he posted on social media platform X following the departure of Gay, who resigned on Wednesday over controversial testimony at a Capitol Hill hearing on antisemitism on college campuses, along with allegations of plagiarism. 

Gay, the first black president of Harvard, has long been an advocate of diversity on campus and in organizations.