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...emphasized that a sub-committee of the ACSR and not the Corporation reached this conclusion was directly contradicted by Corporation member Hugh Calkins '45 both in his much publicized letter to the ACSR where he claimed the Citibank loan served a "worthy purpose," and in a recent Harvard Crimsoninterview where he invoked the opinion of "some" Blacks to justify the loan. If the Corporation dares to mention the Citibank loan in the same breath with humanitarians they will surely use the proposed reform as a screen for the return to a policy of "anything goes" in investment matters...

Author: By Patrick Flaherty, | Title: Divestiture: The Corporation Breaks Its Promise | 3/3/1982 | See Source »

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