Sam Zell

The rich can name their price for giving

The rich can name their price for giving

Near the main entrance of Alumni Hall at Galesburg's Knox College is a reception area named in honor of the parents of John D. Podesta, class of '71 and chairman of Hillary Rodham Clinton's presidential campaign. He is one of hundreds of donors who pitched in more than $12 million to pay for the recent restoration of the long-crumbling and closed campus building.

The gift from Podesta, a longtime Washington political operative, is memorialized on a plaque the size of a paperback novel set just above a light switch in a room that doesn't generate much foot traffic.

Now compare that with the reception Northwestern University gave the other day to venture capitalist billionaire...