Israel’s business journal Globes reported on August 15, 2010 that Harvard Management Company has sold all its holdings in Israeli companies during the second quarter of 2010. The Harvard Management Company is a wholly-owned subsidary of Harvard University, charged with managing the University’s endowment pension assets.
Many people in the Boycott & Divestment campaign against Israel are calling Harvard’s move as another blow to the Zionazi state. However, according to Israeli media, all the companies listed in 13-F Form were losing money, therefore, it could be financial move on the part of Harvard University while exploiting the current political trend which is going against the Zionist entity.
Harvard Management Company stated in its 13-F Form that it sold 483,590 shares in Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) for $30.5 million; 52,360 shares in NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) for $1.67 million; 102,940 shares in Check Point Software Technologies Ltd. (Nasdaq: CHKP) for $3.6 million; 32,400 shares in Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) for $1.1 million, and 80,000 Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) shares for $1.8 million.
The largest sell-off was nearly half a million shares of Teva Pharmaceuticals, which hit at an all-time high of more than $64 a share at the end of the first quarter. The stock now is selling around $50, which was its all-time high until the middle of 2009. The two cellular phone companies, Partner Communications and Cellcom, which also were selling at relatively high prices and have since dropped by up to 20 percent since the second quarter.
How the Israeli hasbara idiots are pissed off by Harvard’s move can be judged by Atlas Shrugs, who called the move “Harvard Whores For Jihad” and that soon Columbia University will offer Edward Said chair to Dr. Tariq Ramadan.
Professor Paul Eidelberg claims that the US Constitution is rooted in the Jewish Bible (OT). He also claims that curriculums of most of the US top universities, such as, Harvard, Yale, Columbia, Princeton, Dartmouth, Boston and Brown, were written by “learned and liberal men of Old Testament persuation”.