otherdoug.bsky.social
Recovering lawyer. Sometime engineer.
12 posts
20 followers
40 following
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Source: finance.harvard.edu/files/fad/fi...
Source: www.mghihp.edu/sites/defaul...
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The real shame here is that $4.6b of politically withheld grants (or whatever the federal number was) would have made for a good plaintiff for a case to assert the executive had no authority to gut NIH if the president of the university hadn’t immediately capitulated.
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Mass General Brigham received $1.5b from NIH and other federal contracts in the 2024 fiscal year (out of $20b operating revenue).
MGB also had $4.6b of conditional research grants for future research to be performed as of 9/30/2024—assuming those grants weren’t already canceled.
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$9bn seems like a big number until you appreciate that the university’s endowment is over $50bn and $8.7bn of the $9bn is nebulous “multiyear grant commitments.”
University revenue included just $700m federal grants for 2023-2024 year.
@harvard.edu could have ridden this out for a decade.
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That’s probably what Quinn Emanuel would have told them to do if they weren’t already carrying the water for the administration.
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So here’s my naive firms as micro-democracies question: why doesn’t the Paul Weiss partnership meet, vote to throw Karp out, and then vote to repudiate any “agreement” and fight? Some harm already done, but it’s not the administration’s patsy firm just become some managing partner says so.
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Treasury has the refund money. IRS just has records and authorizes payments by Treasury.
You could muck up refund processing at IRS, but the organization is mostly (digital) paper pushing. That paper a gold mine for compromat on the wealthy and unscrupulous.
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I just hope this particular three-ring circus of moral rot isn’t a distraction from the DOGE-bags getting into the IRS this afternoon per Ron Wyden.
Though if the Elon is really there, maybe he intends to release somebody’s tax returns. And maybe narcissus might be led to worry about that.
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What if a state passed a law to make it a state crime to engage in conduct that would violate a federal criminal statute?
Get a separate sovereign involved and it side-steps many of the federal executive branch issues. Won’t be able to arrest a sitting Pres, but the flunkies are exposed.