we actually did it because yale finally agreed to move their money away from baupost. i am honestly blown away that we forced their hand like this. thank you for staying with me until we got them to budge.
December 22, 2017
Final supporters
As Puerto Rico struggles to recover from a devastating hurricane that has compounded its fragile economy, the Baupost Group, owner of $911 million of Puerto Rico's debt is insistent in focusing on debt payment, rather than being principled about the humanitarian crisis that Puerto Ricans are facing. It is our understanding that Yale has links to Baupost Group, and that it's billionaire manager, Seth Klarman, has urged its investors --Yale among them-- to continue to push Puerto Rico for debt repayment. This was revealed on Oct 23, 2017, by the YDN https://yaledailynews.com/blog/2017/10/23/yale-linked-to-puerto-rico-creditor/
As Yale alumni, faculty, and concerned members of the Yale community, we want to ask Yale University to demonstrate its commitment to economic justice and human rights by either prodding Baupost Group to forgive Puerto Rico's debt or divest from this group.
For Puerto Rico to be able to recover and rebuild, the country will have to invest on its educational, health, housing, energy, and food production, as well as other basic human services. This would only be possible if groups like Baupost forgive the debt.
Updates
Reached 100 supporters
October 26, 2017
26 Comments
Yale should not be profiting from the misery of the Puerto Rican people. Divest now!
The hedge funds and banks created this debt and now they want blood while people are dying! Shameless
Human life over debt. What side of history will Yale choice today. Choose humanity and lay the foundation for growth and transformation not economic violence.
As a member of Yale College class of 1987 I call upon the University to do the ethical thing and divest from Baupost Group (prodding this fund makes no sense given the initial urgings by Seth Klarman--let them learn)
I am extremely concerned about Yale's connection to Baupost Group and hope that the university will reconsider its ties to them in light of Hurricane María's devastation. Yale must continue to demonstrate its commitment to economic justice and human rights by either urging Baupost to forgive the debt or divesting. - W. Gerald McElroy, Yale 2009; current AYA At-Large Delegate; Alum Interviewer; and Yale Day of Service Coordinator, Santo Domingo.
Long overdue for Yale to divest itself of the moral lowground.
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we actually did it because yale finally agreed to move their money away from baupost. i am honestly blown away that we forced their hand like this. thank you for staying with me until we got them to budge.
December 22, 2017
Final supporters
As Puerto Rico struggles to recover from a devastating hurricane that has compounded its fragile economy, the Baupost Group, owner of $911 million of Puerto Rico's debt is insistent in focusing on debt payment, rather than being principled about the humanitarian crisis that Puerto Ricans are facing. It is our understanding that Yale has links to Baupost Group, and that it's billionaire manager, Seth Klarman, has urged its investors --Yale among them-- to continue to push Puerto Rico for debt repayment. This was revealed on Oct 23, 2017, by the YDN https://yaledailynews.com/blog/2017/10/23/yale-linked-to-puerto-rico-creditor/
As Yale alumni, faculty, and concerned members of the Yale community, we want to ask Yale University to demonstrate its commitment to economic justice and human rights by either prodding Baupost Group to forgive Puerto Rico's debt or divest from this group.
For Puerto Rico to be able to recover and rebuild, the country will have to invest on its educational, health, housing, energy, and food production, as well as other basic human services. This would only be possible if groups like Baupost forgive the debt.
Updates
Reached 100 supporters
October 26, 2017
26 Comments
Debt forgivness is the first step of providing reparations from US Colonialism ofniver a century of extraction practices and colonialist policies, and exploitation of Puerto Rico and her natural reaources.
Yale should not be profiting from the misery of the Puerto Rican people. Divest now!
The hedge funds and banks created this debt and now they want blood while people are dying! Shameless
Human life over debt. What side of history will Yale choice today. Choose humanity and lay the foundation for growth and transformation not economic violence.
As a member of Yale College class of 1987 I call upon the University to do the ethical thing and divest from Baupost Group (prodding this fund makes no sense given the initial urgings by Seth Klarman--let them learn)
I am extremely concerned about Yale's connection to Baupost Group and hope that the university will reconsider its ties to them in light of Hurricane María's devastation. Yale must continue to demonstrate its commitment to economic justice and human rights by either urging Baupost to forgive the debt or divesting. - W. Gerald McElroy, Yale 2009; current AYA At-Large Delegate; Alum Interviewer; and Yale Day of Service Coordinator, Santo Domingo.
Long overdue for Yale to divest itself of the moral lowground.
Im on favour of this petition
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Debt forgivness is the first step of providing reparations from US Colonialism ofniver a century of extraction practices and colonialist policies, and exploitation of Puerto Rico and her natural reaources.