Bill Ackman, founder and CEO of hedge fund management company Pershing Square Holdings, has publicly criticized the Harvard Corporation board for its unanimous support of Harvard President Claudine Gay, amid increasing calls for her to resign. In a long-form tweet on Wednesday, Ackman clearly defined his disbelief in the board members' backing of Gay, suggesting their fear of being labeled as racists is preventing them from taking action. "The principal reason I believe is that they are afraid of being called racists," Ackman said, adding that the Harvard Corporation board "concluded that if they fired President Gay, Harvard's first black...