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As this is a note on Columbia University, I must start with a lengthy disclosure: I have two degrees from Columbia (from the journalism and business schools); I met my wife there; I sit on the board of advisers of a fellowship program; and two of my children attend Columbia Secondary School, which the university sponsors. I have strong feelings about the events of the last few weeks, and find it savagely depressing that nobody emerges with any credit. Now, I will try to focus dispassionately on the students’ central tangible demand, which is a big topic for Points of Return — that the university divest from companies that support Israel’s war effort.