The Harvard Divestment Non-Story

I read on the Atlantic Wire earlier today that Harvard's endowment had quietly dumped its investments in Israeli companies. Several bloggers had already picked up on the story, following a report in an Israeli newspaper. This seemed strange to me (for, among other reasons, the simple fact that there is no divestment campaign targeting Harvard at the moment) so I contacted Harvard. I was told that the university was not divesting itself of Israeli companies; quite the opposite, it was moving its Israeli investments out of a developing-market fund to another fund focused on more advanced economies. An hour later, Harvard issued a statement saying the same thing.

So the question is: Why didn't anyone simply pick up the phone and call Harvard's public relations office and find out exactly what was happening before posting, and repeating, what turned out to be pure speculation?

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Jeffrey Goldberg is a national correspondent for The Atlantic and a recipient of the National Magazine Award for Reporting. He is the author of Prisoners: A Story of Friendship and Terror. More

Before joining The Atlantic in 2007, Goldberg was a Middle East correspondent, and the Washington correspondent, for The New Yorker. He was previouslly a correspondent for The New York Times Magazine and New York magazine. He has also written for the Jewish Daily Forward and was a columnist for The Jerusalem Post.

Goldberg's book Prisoners was hailed as one of the best books of 2006 by the Los Angeles Times, The New York Times, The Washington Post, Slate, The Progressive, Washingtonian magazine, and Playboy. He received the 2003 National Magazine Award for Reporting for his coverage of Islamic terrorism and the 2005 Anti-Defamation League Daniel Pearl Prize. He is also the winner of the International Consortium of Investigative Journalists prize for best international investigative journalist; the Overseas Press Club award for best human-rights reporting; and the Abraham Cahan Prize in Journalism.

In 2001, Goldberg was appointed the Syrkin Fellow in Letters of the Jerusalem Foundation, and in 2002 he became a public-policy scholar at the Woodrow Wilson International Center for Scholars in Washington, D.C.

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