Giving and Getting Grief: For the Rich, Increasingly Common

To give is to gain a heap of grief if you're a mega-rich donor these days.

In recent months, a hedge fund billionaire was denounced for his $400 million gift to the already wealthy Harvard University, David Geffen took flak for gifts that plaster his name on a Manhattan concert hall and a Los Angeles school, and the wife of a Wall Street banker was roasted for trying to put her name on a small Adirondacks college. Even Bill Gates, who has given billions to battle diseases, is taking lumps in a new book titled "No Such Thing as a Free Gift."