tag:blogger.com,1999:blog-6034478.post400690524894711971..comments2024-03-29T08:17:32.367-04:00Comments on Doug Ross @ Journal: Making a Statement--Harvard University Divests Itself of Israeli Companies; Invests Heaviest in China's Polluters That Use Child Slave LaborUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6034478.post-47847774049579509702010-08-17T12:58:55.904-04:002010-08-17T12:58:55.904-04:00Doug, this post might need to be updated.
http://...Doug, this post might need to be updated.<br /><br />http://blog.newvoices.org/?p=3938<br /><br />says:<br /><br />"UPDATE: Harvard has NOT divested from Israel!<br />August 16th, 2010 by Ben Sales <br />According to an official statement from the Harvard Management Company, the school has not divested from Israel. The changes in investment filing were procedural and do not reflect any ideological move whatsoever. Furthermore, Harvard still has holdings in Israel. Here is the statement from HMC’s spokesman:<br /><br />The Management Company’s most recent SEC filing details changes in holdings, as is routine, but no change in policy. The University has not divested from Israel. Israel was moved from the MSCI, our benchmark in emerging markets, to the EAFE index in May due to its successful growth. Our emerging markets holdings were rebalanced accordingly. We have holdings in developed markets, including Israel, through outside managers in commingled accounts and indexes, which are not reported in the filing in question.<br /><br />So that’s that."Philnoreply@blogger.comtag:blogger.com,1999:blog-6034478.post-31676202146699657852010-08-17T04:56:08.713-04:002010-08-17T04:56:08.713-04:00You mentioned "Harvard alumni" and "...You mentioned "Harvard alumni" and "concern for logic"...dude, I thought comedy night is midweek...Duncan Idahonoreply@blogger.comtag:blogger.com,1999:blog-6034478.post-8362503774119432832010-08-15T22:27:08.218-04:002010-08-15T22:27:08.218-04:00One theory is that Harvard might be selling becaus...One theory is that Harvard might be selling because Israel might bomb Iran's nuclear program. For the near future, the Middle East might not be the best place to hold a lot of stock in. Unfortunately, Harvard replaced it's investment in Israel with investments in Turkey, which looks a lot like anti-Jewish sentiment to me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6034478.post-26598102503810723422010-08-15T19:52:47.086-04:002010-08-15T19:52:47.086-04:00A quick market check for just the TEVA shares - wh...A quick market check for just the TEVA shares - which Harvard sold at $50.04 for a cool $30.5 Mil - they purchased in '94 at $16.24 for $7.8 Mil. That's...um...a 400% return on investment. NICE Systems, Checkpoint and the others enjoyed similar growth. Sooooo I'm wondering - will Hahvahd give the +/- $40 Mil they raked in off the Israeli companies to the Palistinians? Hamas? Heh. Yeah, right. In other news, the TEVA stock took a 1.2% drop based in part on the Harvard selloff, which it recovered the following day. More symbolic sound and fury signifying nothing. Yaaaaaawn.swedehttps://www.blogger.com/profile/14728520043425175688noreply@blogger.com