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What Did Harvard Do?

Monday, August 16, 2010  |  posted by Hugh Hewitt

Did Harvard order its fund managers to divest the university of all Israeli investments?

I find it hard to believe that the country’s oldest university would take such a step at all, much less without a full discussion and consultation with the broader university community.

This would be a very big story if it is in fact correct, so look for MSM to follow up tomorrow. Certainly thousands of alums will react with extraordinarily negative consequences for the university, so President Drew Gilpin Faust should move quickly to answer all questions about the concern.

UPDATE: Professor Bainbridge provides an explanation of why this might not be divestment-in-disguise, but how odd it would be if the vast university portfolio held no Israeli stocks. Perhaps an investment in the organization holding the development rights to this technology would be a good way of signaling that Harvard hasn’t joined the divestment jihad.

More details on the sales that have raised the question here.


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