Word: divested
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...pivotal year for Harvard investment policy. It was President Bok's first full year in office and student protest was growing over investments. In April, two dozen Black students took over Massachusetts Hall for a week, demanding the Harvard divest from Gulf, which they said was using its wealth and influence to prop up the colonial government in Angola...
...Harvard's lack of initiative remains an issue: some of the current ACSR members have indicate a desire to have the committee recommend that Harvard divest from companies not South Africa. One of these students. Patrick A Flaherty, who is also a member of the Southern Africa Solidarity Committee, says that shareholder resolutions are limited in impact because there is a natural "community of interests" between the University and the assorted resolutions, and also because while shareholder resolutions do help focus attention on an issue, unless they pass, they will not bring actual change...
...people who showed up at the March ACSR open meeting on South Africa bank loans seemed like a lot, the crowd pales is comparison to the over 3000 people who stormed through. Cambridge in 1978 on a condlelight march to protest Bok's refusal to divest from companies operating in South Africa. The ACSR seems to serve a pivotal role in at least keeping the Corporation thinking about some of the issues involved in ethically managing Harvard's immense portfolio...
...open forum" at the Science Center-organized by the Institute of Politics-was designed specifically to examine whether Harvard should divest from companies that produce or help produce nuclear arms...
...statement the ACSR approved last night said in part. "While the ACSR appreciates the ethical dilemma in which the current automatic divestiture policy could conceivably place the Corporation, the ACSR reaffirms the policy it recommended in 1978 to divest automatically the debt securities of banks which make loans to the South African government...