Alfred Taubman apparently just donated $56 million to the University. Hopefully some of that is earmarked for scholarships since tuition is getting unbearable. He already has his name on the School of Architecture, a library in the medical school and a research institute within the medical sciences program. According to the news he is now the largest donor to the University in its history.
Good to see people still stepping up for the University, particularly in these economic times.
EDIT: Guess it was to his research institute. http://www.freep.com/article/20110421/NEWS06/110421053/Alfred-Taubman-donates-56-million-University-Michigan?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE