Instead of the evil head of the IMF (Christine Lagarde is also “the first woman to lead a global law firm, [and the first] to be the finance minister of a major industrial country.” She is, as well, a top candidate for head of the European Commission and is talked about as a viable candidate for president of France.), Smith College will get as its commencement speaker the woman who, as a member of the Goldman Sachs “scandal-prone” board, approved Lloyd Blankfein’s notorious multimillion dollar bonuses. (“There’s no indication in [a recent Simmons] interview that Simmons takes her fiduciary responsibilities to Goldman’s shareholders particularly seriously,” wrote Felix Salmon of Simmons’ embarrassing, “snowed by Lloyd,” tenure.) They will get the woman who was rewarded for that approval by getting paid

$323,539 [in 2009] for her work on the [Goldman Sachs] board… [She] will soon leave her position at Goldman with stock that is currently worth about $4.3 million. That was on top of her salary at Brown, which was $576,000 [in 2010].

Yes, the protest against Christine Lagarde has worked! The witch is dead; three cheers for Dorothy.

Trackback URL for this post:

3 Responses to ““Ruth J. Simmons, a former president of Smith and of Brown University, will take Ms. Lagarde’s place as the speaker.””

  1. Colin Says:

    “Although we do not wish to disregard all of Ms. Lagarde’s accomplishments as a strong female leader in the world, we also do not want to be represented by someone whose work directly contributes to many of the systems that we are taught to fight against.” Taught to fight against? Smith isn’t a university (college), it’s a partisan political operation masquerading as one.

  2. Alan Allport Says:

    “20 years after graduation, some 10 percent of Smith alumnae report holding chief executive positions, and an additional 9 percent report being in executive level positions.”

    If it’s a partisan political operation, it’s not a very good one.

  3. Colin Says:


Comment on this Entry

Latest UD posts at IHE