Tuesday, August 17, 2010

Harvard BDS Hoax Update


Jon Haber
Divest This!
16 August '10

Well great, big, fat surprise: the latest divestment “victory” celebrated across the BDS ether, the Great Harvard Divestment “triumph,” turns out to be yet another hoax (the biggest one so far this year).

I was beginning to think that the divestnistas had put hoaxes behind them after spending so much time last year shredding their credibility with embarrassing frauds regarding Hampshire, TIAA-CREF and Blackrock. But given the nature of the Harvard story, I’m beginning to think that someone in the BDS world knows enough about business and finance to anticipate purely economic decisions (the turnover of assets in the Hampshire portfolio, the abandoning of collapsing Israel-Africa real-estate stock by institutional investors, the transfer of Israeli stocks out of an emerging market fund once Israel is no longer classified an emerging market) so that they can pounce and claim that these ordinary business transactions actually represent political divestment from the Jewish state.

The Harvard story reveals three things about the current state of the Boycott, Divestment and Sanctions “movement”:

(Read full post)

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