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In article <t2f2n9$3ivp5$
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Very happy to see Swallwell fail after his immature ignorant behavior with a Chink whore spy.
Monkey Pox, right on time to give Democrats an excuse to cheat in the next election.
New York state�s mammoth pension fund is pulling $111 million in
investments out of the firm that owns Ben & Jerry�s because of
the ice cream maker�s boycott of Israel�s occupied territories,
The Post has learned.
State Comptroller Tom DiNapoli � the sole manager of the $263
billion state Common Retirement Fund � said Ben & Jerry�s
decision to stop selling ice cream in the disputed Israeli-
Palestinian territories in July violated his office�s policy
against the boycott, divestment and sanction (BDS) movement
against Israel.
As a result, the comptroller is yanking $111 million in equity
investments from Unilever, Ben & Jerry�s parent company.
�After a thorough review, the New York State Common Retirement
Fund will divest its equity holdings in Unilever PLC. Our review
of the activities of the company, and its subsidiary Ben &
Jerry�s, found they engaged in BDS activities under our pension
fund�s policy,� DiNapoli said in a statement to The Post.
The state comptroller�s policy, established in June 2016, said
BDS activities are intended to inflict economic harm against
Israel and as a result, the state pension fund�s investments in
the Jewish state. The state pension fund � the nation�s third-
largest � invests more than $800 million in retirement funds in
Israel.
The policy put companies involved in BDS activities against
Israel on notice that the state would yank its pension
investments.
�We will be divesting those investments. Ben & Jerry�s engaged
in BDS activities,� said a spokesman for DiNapoli.
Allies of Israel applauded DiNapoli for standing up for the
Jewish state.
�This is wonderful news. God bless Tom DiNapoli,� said former
Brooklyn state Assemblyman Dov Hikind.
�BDS equals anti-Semitism and Comptroller DiNapoli stood up
against hate.�
Hikind and DiNapoli served together for years in the state
Assembly and the comptroller personally called Hikind Thursday
night to inform him of his action against Unilever/Ben & Jerry�s.
DiNapoli�s director of corporate governance, Liz Gordon, sent a
warning notice to Unilever CEO Alan Jope that Ben & Jerry�s was
engaging in a BDS action against Israel.
Jope gave a circular response on Aug. 4 defending Ben & Jerry�s
actions, saying Unilever doesn�t intervene in actions taken by
the �independent� boards or the �social mission� of its brands.
�Unilever has a strong and longstanding commitment to our
business in Israel. We employ nearly 2,000 people in the country
across our four factories and head office, and we have invested
approximately $250 million in the Israeli market over the last
decade,� Jope said in a letter to Gordon.
The Unilever boss added, �On this decision, it was no different.
Ben & Jerry�s has also made it clear that although the brand
will not be present in the West Bank from 2023, it will remain
in Israel through a different business arrangement.�
Last month, the state of New Jersey started divesting $182
million invested in Unilever stock, bonds and other securities
over Ben & Jerry�s boycott of Israel � joining other anti-BDS
states including Arizona and Texas.
On July 19, Ben and Jerry�s announced it would stop selling ice
cream to the occupied Palestinian territories, saying �it is
inconsistent with our values� to conduct business there.
Ben and Jerry�s Jewish co-founders, Bennett Cohen and Jerry
Greenfield � who sold their namesake company to Unilever in 2000
� defended the company�s decision to end sales in the region in
a New York Times editorial in July, writing that Israel was one
of the first countries that the company had expanded to
internationally as it grew.
The founders, who called themselves �proud Jews,� said it is
�possible to support Israel and oppose some of its policies�
just as they�ve �opposed policies in the US government.�
Additional reporting by Patrick Reilly
https://nypost.com/2021/10/29/new-york-pulls-pension-funds-from- ben-jerrys-over-boycott-of-israel-occupied-territories/
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