Massachusetts Jobs with Justice

View Original

"Protesters demand Harvard divest from Baupost"

“More than 100 students and community activists protested last week against Harvard University for profiting from Puerto Rico’s debt.

The coalition of activists demonstrating last Wednesday at the school’s campus included groups such as Community Labor United, The Hedge Clippers, Raices Boriken Collective, Harvard Student Labor Action Movement, Center for Popular Democracy and Massachusetts Jobs with Justice. 

The demonstrators called on the university to divest its $2 billion stake with a Boston-based hedge fund, Baupost Group, which is a large holder of Puerto Rican debt and is managed by billionaire Seth Klarman.”