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   Message 26,355 of 27,547   
   Ben & Jerrys Bigots to governor.swill@gmail.com   
   Re: New York pulls $111M in pension fund   
   27 Jul 22 08:46:15   
   
   XPost: soc.culture.jewish, alt.fan.rush-limbaugh, talk.politics.guns   
   XPost: alt.activism.children.molesters   
   From: investers@benjerry.com   
      
   In article    
    wrote:   
   >   
   >   
   > 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   
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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