“The U.S. has not made any declaration regarding the State of Israel and, therefore, we will not bring a recommendation before the Board to divest from companies doing business with the State of Israel.”
– UC President Mark Yudof, UC Regents Chairman Russell Gould, and UC Regents Vice Chair Sherry Lansing
UC President Mark Yudof — who the Jewish Telegraphic Agency has called “an unabashed Israel supporter” and who has previously compared the UC to a cemetery — has weighed in against UC Berkeley’s divestment initiative, laying out a bizarre formula for UC investments that sets the bar so low it would have prevented UC divestment from South Africa during the apartheid era.
Under the Yudof doctrine, the UC Regents would only divest from a foreign country if the United States government had decided that the country had engaged in acts of genocide. Apparently that is the only standard under which Israel can continue to escape scrutiny by the UC Regents. But the policy has implications beyond the Israeli occupation of Palestine, for under this rule the UC Regents would not be able to modify its investment policy in order to alleviate a host of other social harms, such as the occupation of Tibet, slave labor, human trafficking, any government practices that are racist, sexist, homophobic and otherwise dehumanizing. It clearly leaves much to be desired in the human rights arena.