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...Chicago President Robert J. Zimmer, after receiving queries from Students Taking Action Now: Darfur (STAND), said last year that his school had only indirect holdings in Sudan-linked companies, though he has declined to say which companies the university had shares in and through which financial instruments it owned the shares...
After examining the holdings, Chicago’s board of trustees announced earlier this month that they would not sell Sudan-linked funds, citing the work of a 1967 committee guided by Chicago law professor Harry Kalven...
STAND activists at Chicago responded heatedly to Zimmer’s announcement, citing Zimmer’s own support of divestment in 2005 as Brown’s provost and the fact that the Kalven report left room for “the exceptional instance [when] the corporate activities of the university may appear so incompatible with paramount social values...
...elite academic institution in the country to reject divestment, and the only institution to justify their complicity in genocide in moral terms,” Michael Pareles, STAND co-chair said. “Four hundred thousand people have died in the genocide in Darfur, but the University of Chicago Board of Trustees does not find that exceptional enough to change its investment policies...
...Chicago has long been resistant to calls for divestment. It was one of the few prominent American universities to not divest from companies linked to the South African government during apartheid...