401(k) company matches are mostly helping high-income workers

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from Yahoo News - Latest News & Headlines https://ift.tt/lCripJ9

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MIT Media Lab Rocked by New Jeffrey Epstein Revelations

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Scandal has been swirling around the MIT Media Lab because of its ties to Jeffrey Epstein, with the prestigious university apologizing for taking $800,000 from the accused sex trafficker and several researchers quitting in protest.But the outcry is about to get much louder after a bombshell report by The New Yorker’s Ronan Farrow that reveals the financial relationship was more deeply entangled than previously known—so much so that Epstein’s donations were kept anonymous and the lab ignored pushback from its staffers to keep the money rolling in.The report, which cites leaked emails and other records, appears to contradict lab director Joichi Ito’s recent claim that his decision to accept Epstein’s donations was simply an “error in judgement.”Among the biggest disclosures: EPSTEIN ALLEGEDLY ‘DIRECTED’ DONATION FROM BILL GATESEpstein acted as an intermediary to woo other wealthy donors, including Bill Gates, who donated $2 million in 2014, and investor Leon Black, who gave $5.5 million ...
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