re: I don't understand how anybody can hate Ole Miss.

To call Marc Smirnoff an "Ole Miss person" is a little disingenuous. It's not like he's an alumni or even from Mississippi. He's from California and from my understanding the only reason he ever stayed in Oxford is because his car broke down and he got a job at Square Books where he met a bunch of famous authors and got the idea for the magazine.

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the "literary community" in Oxford and Mississippi couldn't keep it afloat.

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The Magazine was given more than it's fair share of money, he (Smirnoff) just sucked at running a magazine.