May 5, 2011

#BDS: Minnesota Activists Seek Divestment From Israel Bonds

"Questioning both the morality and the legality of their state’s investments in the state of Israel, a group of Minnesota activists has warned its state government to divest from Israel—or face possible legal action.
After two years of statewide grassroots organizing, the group, called the “Minnesota Break the Bonds Campaign” (MN BBC), formally issued its divestment demand to the Minnesota State Board of Investment (SBI) on Feb. 1, 2011.
Minnesota currently holds two Israel bonds worth a total of $18.4 million. The money used to purchase the bonds came from pension and retirement funds collected from taxpayers on behalf of Minnesota state employees."
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