Word: disinvestment
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Dates: during 2000-2009
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...largest and fastest-growing 401(k)-style funds in the U.S. If Senator Joseph Lieberman of Connecticut has his way, the TSP will soon radically alter the way it picks some of its stocks. Lieberman told TIME he will introduce legislation to give all TSP participants the option to disinvest in companies that do business in or with countries labeled by the U.S. as state sponsors of terrorism. That list currently includes Iran, North Korea, Syria and Sudan. "Terrorism is the greatest challenge to our security today, and the Federal Government is working night and day to prevent and prepare...
...famous September 2002 morning prayers address, Summers said that divestment—a drive urging Harvard to disinvest from holdings in Israel because of alleged human rights violations—and similar movements singling out Israel were “anti-Semitic in their effect if not their intent.” In that address, he expressed his concern from a very personal perspective, despite its strong impact on campus...