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US state and local officials have been investing public funds in Israeli bonds since October 7, raising significant ethical concerns. The investments, amounting to approximately $1.7 billion, have been made to support Israel amidst the ongoing war on Gaza. However, the sales tactics employed by the underwriters, including wining, dining, and VIP travel, have raised serious ethics issues about the fiduciary responsibilities of these officials.
Revealed: US officials are investing public funds in Israeli bonds in deals that raise ethics concerns https://t.co/7azwSEuuNy
Since the start of the war on Gaza, US states and municipalities have bought around $1.7bn in Israeli bonds to support Israel https://t.co/i4UPD1RrhU.
Local and state US officials have been investing in sovereign bonds issued by Israel since 7 October, in deals that have raised ethical concerns https://t.co/fPGKfKVgbL
