Posted on 08/16/2010 3:34:20 PM PDT by Flavius
Industry analysts deny the prestigious universitys move has any connection to the Boycott, Divestment & Sanctions (BDS) movement.
Harvard University sold all its shares in Israeli companies during the second quarter of 2010, the investment group which manages the universitys substantial endowment has reported to US Securities and Exchange Commission (SEC).
The university, which has the largest endowment of any school in the world, sold its $41.5 million holdings in a number of prominent Israeli companies, including $30.5 million of stock in Teva Pharmaceutical Industries Ltd, $3.6 million in Check Point Software Technologies (an IT security firm), $1.8 million in Partner Communications Ltd., $1.67 in NICE Systems Ltd. and $1.1. million in Cellcom Israel Ltd.
The Harvard Management Company, which manages the universitys $26 billion endowment, reported the divestment to the SEC on Friday but has not announced a reason for the sale.
(Excerpt) Read more at themedialine.org ...
Mark
Or, someone at the fund management there just can’t take the geopolitical risk of Iran acquiring nukes...
...more and more the Academy is turning against Israel and siding with the forces of Islam...yet, American Jews in the professoriat don’t speak out against this...Israel is getting a raw deal...my wife is on the faculty with a number of Jewish scholars...they were all up in arms about Bush...I bet there won’t be a peep over this.
How lucky for Harvard Larry has moved on to greener pastures and is now trying to wipe out the U.S. economy!
na. It’s just about the money. iran’s nukes go on line in 6 days. Hezbolla is planning an all out attack on israel before then.
This is not good for israel. So, sell israeli investments now before they are all junk...ie someone at harvard thinks israel doesn’t have a prayer to survive rest of the month.
Yep, it is about Iran and Obama’s tacit support for what they are doing.
Despite all their snarky denials, this is anti-semitism.
As Angelo Codevilla said, “Like a fraternity, this class requires above all comity — being in with the right people, giving the required signs that one is on the right side, and joining in despising the Outs.”
Anti-semitism is the new sign of ‘comity’ among the elites.
Good. “Or what fellowship can light have with darkness?” 2 Cor 6:14b
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