Harvard divests from Israel

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According to Globes: (via memeorandum)
In another blow to Israeli shares, the Harvard Management Company notified the US Securities and Exchange Commission (SEC) on Friday that it had sold all its holdings in Israeli companies during the second quarter of 2010. No reason for the sale was mentioned. The Harvard Management Company manages Harvard University’s endowment.
The first assumption was that this was the result of political pressure from the BDS (Boycott, Divest, Sanction) movement.
Prof Bainbridge, though, notices that many of the companies from Israel listed were losing money. However that may not even be the real reason as Solomonia notes:
In other words, Israel’s economy is so good it’s no longer considered “developing,” it’s just a category shift…which sounds plausible to me. How much do you want to bet that that’s pretty close to what it’s going to be all about when we start hearing from on the record sources?
Yid with Lid and Israel Matzav have updated their posts accordingly.
In other BDS news, Johnny Rotten disagrees with the movement.
Most musicians, particularly those who have been around for 30 years, wouldn’t let hate mail upset them. They probably wouldn’t even read it. But John’s anger is genuine. He wants me to record it, for posterity. “I really resent the presumption that I’m going there to play to right-wing Nazi jews,” he tells me. “If Elvis-f******-Costello wants to pull out of a gig in Israel because he’s suddenly got this compassion for Palestinians, then good on him. But I have absolutely one rule, right? Until I see an Arab country, a Muslim country, with a democracy, I won’t understand how anyone can have a problem with how they’re treated.”

That’s our Johnny Rotten. Always lively. Always entertaining. Often wrong. But, whatever you may think of him, never afraid to stick that bog-brush haircut exuberantly over the parapet.
Crossposted on Soccer Dad.
Harvard used to have quotas so it can creatively limit the number of Jews going to the school.
The Harvard Management Company, which manages Harvard University's endowment fund, has given notice to the Securities and Exchange Commission that it sold all of its shares in Israeli companies during the second quarter of 2010. No reason for the sales was given.
Harvard Management Company stated in its 13-F Form that it sold 483,590 shares in Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) for $30.5 million; 52,360 shares in NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) for $1.67 million; 102,940 shares in Check Point Software Technologies Ltd. (Nasdaq: CHKP) for $3.6 million; 32,400 shares in Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) for $1.1 million, and 80,000 Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) shares for $1.8 million.
Harvard Management Company's 13-F Form shows some interesting investments. Its two largest holdings, each worth $295 million, are in iShares ETFs, one on Chinese equities, and the other on emerging markets. Harvard also owns $181 million in a Brazilian ETF.
I hope they lose all their money. Is Bernie Madoff available to invest for them?
via israelmatzav.blogspot.com
Harvard employs professor Stephen Walt who along with University of Chicago Professor John Mearsheimer wrote a modern day Protocols of the Elders of Zion called The Israel Lobby and U.S. Foreign Policy (published by Harvard Press), which claimed that the Jews control American foreign policy.
Guess all those grants from Islamic oil money paid off. Middle Eastern Studies departments are epicenters of Jew Hate. Jewish students are physically threatened and intimidated. Harvard refuses to publish images of Mohammad, and Jews looking for religious accommodating dorms are ostracized by the media while their Muslim counterparts are given their needs.

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