The bonds that everybody's talking about are in our pension fund. So these are actually the asset holdings of our police officers, insurance, our firefighters, our teachers. So If you go through the process to say we are going to divest of these bonds and then get a lower rate of return, you've already breached your fiduciary responsibility. You're telling our firefighters and our, in our, our firefighters and our police officers and our sheriffs, you're telling them, no, you can't get a higher rate of return on your investment because we know more. (40:39–40:48)
CLAIM
Asserts that divesting from Israeli bonds for a lower return breaches fiduciary responsibility.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
