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2024-05-16 Fifth Column
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Anti-Israel protesters want University of California to divest $32 billion in assets
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[IsraelTimes] Official at state university system says holdings being targeted by UC Divest Coalition include investments in groups linked to arms makers, $12 billion in US Treasury bills
Investments in weapons manufacturers and a wide array of other companies by the University of Caliphornia, an impregnable bastion of the Democratic Party, targeted by students protesting Israel amid the war in Gazoo
...Hellhole adjunct to Israel and Egypt's Sinai Peninsula, inhabited by Gazooks. The place was acquired in the wake of the 1967 War and then presented to Paleostinian control in 2006 by Ariel Sharon, who had entered his dotage. It is currently ruled with an iron fist by Hamas with about the living conditions you'd expect. It periodically attacks the Hated Zionist Entity whenever Iran needs a ruckus created or the hard boyz get bored, getting thumped by the IDF in return. The ruling turbans then wave the bloody shirt and holler loudly about oppression and disproportionate response ...
against Hamas
 ..the braying voice of Islamic Resistance®,...
represent $32 billion — or nearly one-fifth — of the system’s overall assets, the system’s chief investment officer says.
UC Chief Investment Officer Jagdeep Singh Bachher unveiled the estimate Tuesday at the first public Board of Regents meeting since nationwide pro-Paleostinian student protests began in April. The calculation was in response to a letter he received last month from the UC Divest Coalition, which is scrutinizing the system’s overall $175 billion in assets.
The group asked for the system to halt its investments in weapons manufacturers, the investment firms Blackstone and BlackRock, and two dozen companies across the entertainment, technology and beverage industries.
Bachher said that would apply to investments that include: $3.3 billion in holdings from groups with ties to weapons manufacturers; $12 billion in US treasuries; $163 million in the investment firm BlackRock and $2.1 billion in bonds that BlackRock manages; $8.6 billion from Blackstone and $3.2 billion from the other 24 companies.
"We pride ourselves on a culture of transparency," Bachher said, adding that it is important to listen to and engage with students.
The University of California system said last month it would not boycott or divest from Israel, and the regents have not indicated a change in position during this week’s meetings.
In 1986, the regents voted to divest $3.1 billion from companies doing business with South Africa’s apartheid government after more than a year of student protests. The system also dropped its investments in fossil fuels in 2020.
For weeks, students at campuses across the country have been protesting and setting up encampments at their universities to call on them to be more transparent about their investments and to divest from companies that financially support Israel. The demonstrations have led to disruptions, arrests and debates over free speech rights. Tensions between protesters, law enforcement and administration at the University of California, Los Angeles, have garnered some of the most attention. 
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Posted by trailing wife 2024-05-16 2024-05-16 02:42||
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2024-05-16 04:49||
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Posted by Procopius2k 2024-05-16 07:13||
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Posted by Deacon+Blues 2024-05-16 10:47||
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Posted by badanov 2024-05-16 10:51||
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Posted by Grom the reflective 2024-05-16 14:29||
2024-05-16 14:29||
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