Word: acsr
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Members of the Advisory Committee on Shareholder Responsibility's (ACSR) subcommittee on South Africa will meet with an executive vice president of Citibank in two weeks to discuss details of the bank's $250-million loan to the South African government last year...
Meanwhile, the ACSR will face its first decision on a shareholder resolution April 16. All its efforts to maximize efficiency will pay off if it can be ready to recommend to the Corporation whether a ban on computer sales to the Soviet Union by Texas Instruments should take place...
...forum--scheduled for April 1--will occur one week before the Advisory Committee on Shareholder Responsibility's (ACSR) April 7 open meeting on Harvard investment issues...
Ascherman added that he hopes the event will educate some of the interested members of the University community who "need to be better informed on the issues prior to the ACSR forum...
Viewed in this light, ACSR Secretary Larry Stevens' assertion that the Citibank divestiture was kept secret to avoid a conflict of interest is truly laughable. It would be simple enough to avoid a conflict of interest for ACSR members by publicizing the sale only after it was completed. He knows this as well as anybody, and I feel rather sorry for him for being the one who has to spout the administration line on this. Not only Larry Stevens' dignity but the cause of "reasoned debate" which Derek Bok champions so loudly would be much better served if Harvard admitted...