Professor Balkin was on the scene.
The alumni lounge is full of portraits of famous alumni. It sounds like the wall that collapsed was the one with the portrait of Bob Bork, among many others I can't think of offhand. A portrait of Fifth Circuit Court of Appeals judge Carolyn King was put up earlier this year on the other side of the wall, in room 120. The Bill Clinton and Gerald Ford portraits are also in the alumni lounge, but on another wall.
Some people on TV have been making much of the fact that President Bush was in the state earlier today to speak at the Coast Guard Academy's graduation ceremony. That doesn't seem relevant at all, but that doesn't prevent people from speculating wildly about it, and about that fact that his daughter Barbara is junior at Yale College.