Brad Lander’s decision to divest from government bonds is both politically motivated and financially reckless. With the state already sinking under massive debt, New Yorkers are facing a retirement nightmare.
NYP: NYC Comptroller Brad Lander accused of ‘divesting’ pension funds from Israel
It’s a tale of two investment strategies.
New York City Comptroller and mayoral candidate Brad Lander is being accused of “divesting” city pension funds from government bonds of the State of Israel — allegedly breaking from his predecessors and state counterpart in a politically charged move.
New York City first invested $30 million in State of Israel Bonds in 1974 under former city Comptroller Harrison Goldin, via the pension funds for educators, the Teachers Retirement pension system.