Divestment Can’t Work, Media Tell Protesters—Even Though It Has

“First, it’s impossible to know just how and where universities’ endowments are invested,” he maintained, because “schools are notoriously close-mouthed about it, revealing as little as they can.” Yes, which is why, as the Post noted, investment transparency is the second of three demands from Columbia University protesters, and a key issue in many other encampments.

But not so fast, Marsicano warns: “Disclosing investments can lead to complications large and small,” including “the possibility that a university disclosing its decision to sell or buy stock could affect the price of that stock.”

Surely that will keep a lot of protesters up at night—the fear that their university’s sale of stock might cause Boeing’s stock price to drop.

(Emphasis original.)