New York City Comptroller Brad Lander is under fire after quietly slashing the city�s investment in Israel Bonds�prompting a fierce rebuke from Mayor Eric Adams� administration, which accuses Lander of appeasing the antisemitic Boycott, Divestment and Sanctions (BDS) movement.
A letter sent Sunday by First Deputy Mayor Randy Mastro blasts Lander for what the mayor�s office calls a �sustained and coordinated decision� to divest from Israel, noting that the city�s pension holdings in Israel Bonds plummeted from �tens of millions� to just $1.2 million under Lander�s watch. The only fund still holding the bonds is the Police Pension Fund.
Mastro argues that Israel Bonds have historically delivered �strong returns and minimal risk� and says Lander�s failure to reinvest has �negatively impacted� the city�s pension portfolio. The Adams administration is demanding full transparency, requesting all records and communications tied to the decision.
�Israel is not just the world�s only Jewish state � it�s a vital economic partner,� Mayor Adams said in a statement. �New Yorkers deserve to know why Brad Lander continues to pander to the BDS movement at the expense of taxpayer dollars.�
Lander has denied political motives, claiming the move was part of a broader policy against investing in foreign sovereign debt�but city officials point out that Israel Bonds were the only sovereign bonds in the portfolio.
(YWN World Headquarters – NYC)
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And yet our self appointed leaders will tell us why we need to support the democratic Nazi socialist party in nyc. Like nadler Schumer or lander Guess they�ve sold their soul for the holy buck