Peter Kiernan

The Decline and Fall of a Public University: How Status Anxiety Doomed the University of Virginia
June 21, 2012

Many public universities are suffering these days, wracked by budget cuts and struggling to bring enough students through the door. The University of Virginia isn’t one of them. A $5 billion endowment makes it the wealthiest public university, per capita, in the United States. Over 28,000 students applied for admission last year, a record high. The stately campus, a classic of red brick and white colonnade, is a UNESCO World Heritage site.

First We'll Take Manhattan, Then We'll Take Charlottesville (Updated)
June 18, 2012

A few months ago, I wrote a cover story about the big hedge fund managers who, after feeling a special bond with Barack Obama in 2007 and 2008, are now contributing heavily to Mitt Romney and the Republicans. A classic example of this type is Paul Tudor Jones, a highly successful Greenwich fund manager who was an early Obama backer last time around but has already given more than $200,000 to Romney's SuperPAC, Restore Our Future. Well, it looks like Mr.