Word: divested
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...Divest yourselves of self-pity...
February 24--Black students hold a "mill-in" at University Hall to urge President Bok to divest Harvard's holding in Gulf Oil, which they say "facilitates the daily slaughter of Africans" by its investments in the former Portuguese colony of Angola...
Like the Crimson majority, we want Harvard to divest of holdings in companies that do business in South Africa. Unlike the majority, we want to make our point through rallies and demonstrations and debates rather than by withholding money. Such tight-fistedness would hurt primarily current and future students, who depend on alumni largess to subsidize the cost of a Harvard education. Refusing to contribute is just single-issue politics in an indirect and probably ineffective from...
...other business, the trustees ratified a proposal to create an academic program in women's studies and reaffirmed the university's refusal to divest its holding in Citicorp...
Another speaker at the study group, Daniel Purnell, the head of a U.S. organization promoting racial equality in South Africa, also said he opposes investments in businesses "guilty of discrimination," but added that United States companies should not divest, but instead should "play a tactical role in alleviating social injustice...