Word: divest
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Dates: during 1990-1999
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...Finally divest. Outside pressure on Harvard decision-makers under a more open system should force the University to live up to its moral responsibility and refuse to do business with firms in South Africa...
Although alumni anti-apartheid activists were encouraged by last year's results, they said yesterday that losses in the most recent election might stall efforts to force the University to divest of its $168 million in South Africa-related stocks...
Throughout the 19-year tenure of President Derek C. Bok, no issue has remained in the public eye so long as the University's refusal to divest completely from firms doing business in South Africa...
While the University is doing ethical house-cleaning in its investments, it should take the simple step that students and anti-apartheid leaders have urged for year; divest itself completely of all investments in companies that do business in South Africa. The University has dragged its feet on the issue for almost 20 years, latching on to one discredited compromise after another while ignoring the pleas of such moral authorities as South African Archbishop Desmond M. Tutu, a member of the Board of Overseers. An educational institution that claims to uphold moral principles must recognize the imperative to eschew profits...
...will go to the University if it sells all stocks in companies that do business in South Africa--did better than its organizers expected. Students involved with E4D say that seniors have pledged $2000 to the $26,000 fund, which will go to local charities if Harvard does not divest...