Stanford and Exxon Mobile Partnership: Donor Yanks Funds

Stanford University and Exxon Mobile on the same team: Fishy business? According to a recent article in Mercury News, a big donor to Stanford is outraged over the school's partnership with the oil giant. Movie producer Steve Bing has already given the university $22.5 million, but after seeing a recent Exxon Mobile ad using the school's name, he yanked a promise for $2.5 million. "Exxon Mobil is trying to greenwash itself, and it's using Stanford as its brush," says Yusef Robb. (Bing would only speak through Robb, his collaborator for climate issues.) Stanford's prize? $100 million over 10 years. Thanks tipster John Laumer. :: Mercury News

Tags: California

WHAT'S HOT ON FACEBOOK