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Scott Stringer ripped for not divesting from Ben & Jerry’s

Share this…FacebookPinterestTwitterLinkedin Metropolis Comptroller Scott Stringer is getting the large chill from New York’s pro-Israel activists — for failing to…

By Staff , in Investments , at November 7, 2021



Metropolis Comptroller Scott Stringer is getting the large chill from New York’s pro-Israel activists — for failing to drag Large Apple pension-fund investments from Ben & Jerry’s father or mother firm over its Jewish State boycott.

“Ben & Jerry’s may make new flavors: Marshmallow Stringer or Jelly Stringer,”  former Brooklyn state Assemblyman Dov Hikind, founding father of Individuals In opposition to Antisemitism, advised The Submit on Sunday. 

Final month, state Comptroller Tom DiNapoli introduced he was divesting $111 million in New York pension-fund investments from Unilever — Ben & Jerry’s father or mother firm — over the ice-cream maker’s refusal to promote its merchandise in Israel-controlled disputed territories such because the heavy Palestinian-populated West Financial institution.

However Stringer has so far taken a move on pushing to withdraw New York Metropolis’s inventory and different retiree-fund investments price $187 million from Unilever/Ben & Jerry’s for taking part within the Boycott, Divestment and Sanctions motion towards Israel, critics say.

NYC Comptroller Scott Stringer is being slammed for failing to pull Big Apple pension-fund investments from Ben & Jerry’s parent company over anti-Israel sentiment.
NYC Comptroller Scott Stringer is being slammed for failing to drag Large Apple pension-fund investments from Ben & Jerry’s father or mother firm over anti-Israel sentiment.
William Farrington

Stringer manages and is chief adviser to the town’s 5 public worker pension funds.

Bronx Councilman Eric Dinowitz stated Stringer’s workplace by no means even responded to his July 26 letter urging the comptroller to help yank city pension funds from Unilever/Ben & Jerry’s for taking part in a world boycott towards the Jewish State, which he claims violates metropolis legislation.

“The BDS motion towards Israel helps gas antisemitism,” Dinowitz advised The Submit.

State Comptroller Tom DiNapoli announced he was divesting $111 million from Unileverover due to its refusal to sell its products in Israel-controlled disputed territories.
State Comptroller Tom DiNapoli introduced he was divesting $111 million from Unileverover as a consequence of its refusal to promote its merchandise in Israel-controlled disputed territories.
Michael M. Santiago/Getty Pictures

“He’s solely in workplace for 9 extra weeks,” the councilman added of the term-limited Stringer. “We hope Comptroller Stringer comes to a decision that aligns with our legal guidelines and values.”

Stringer, when contacted by The Submit, wouldn’t decide to pulling the town’s investments from Ben & Jerry’s, although he claimed via his rep to be towards the BDS motion.

“Comptroller Stringer is against BDS actions and believes them counterproductive to the purpose of peace and security for all peoples within the Center East,” stated the comptroller’s spokeswoman, Amy Varghese. “He believes these ways finally threaten efforts for a peaceable two-state resolution, relatively than fostering understanding and cooperation.

New York State Comptroller Thomas DiNapoli (left) and New York City Comptroller Scott Stringer (right) at the annual Alfred E. Smith Dinner.
New York State Comptroller Thomas DiNapoli (left) and New York Metropolis Comptroller Scott Stringer (proper) on the annual Alfred E. Smith Dinner.
Christopher Sadowski

 “As a part of his due diligence as funding advisor to the 5 New York Metropolis techniques [municipal retiree pension funds], Comptroller Stringer has reached out to Unilever to request a gathering and additional data. The comptroller’s workplace continues to observe the state of affairs,” the Stringer rep stated.

Stringer’s workplace additionally famous that he has to get approval from pension-board reps with the town’s 5 retirement pension techniques earlier than making any transfer. By comparability, DiNapoli is the only real trustee of the state pension fund.

However Hikind accused Stringer of providing up lame excuses and “double-speak.

 “State Comptroller DiNapoli did all of the homework for Stringer to divest from Ben & Jerry’s and Unilever. DiNapoil did the fitting factor. What’s the metropolis comptroller lacking?” Hikind stated.

“This can be a one who doesn’t have the heart to do the fitting factor. What level doesn’t Stringer get? Israel is the one democracy within the Center East.”

Stringer and New York Metropolis Mayor Invoice de Blasio collectively introduced with a lot fanfare earlier this yr that they have been divesting $4 billion in metropolis pension funds from fossil-fuel corporations to advertise clear vitality and deal with local weather change.

As for Stringer’s political future, his mayoral marketing campaign flamed out amid sexual-harassment accusations, however sources he could also be eyeing a comeback by operating for Congress. Hypothesis is rampant that Manhattan Rep. Jerrold Nadler will retire, making a emptiness.





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