February 05, 2006

Bloomberg to Albany:
If We Won't Do it Here, I'll Fund It Myself in Maryland

So New York Republican Mayor Bloomberg, Reuters reports, has dipped into his own pocket to give $100 million dollars to his alma mater Johns Hopkins University - his second gift of that size to Hopkins - primarily to fund its stem cell research, which he has repeatedly described as vitally important.

The gift, roughly the same amount almost allocated by the entire state government of New York for a year's funding of stem cell research (until it was left to rot on somebody's desk), is an unprecedented embrace of stem cell research by the most prominent major donor one could imagine. Although there have to be some folks at Mount Sinai and Columbia and Rockefeller who wonder whether they should have made Bloomberg an honorary graduate...

View blog reactions

| More