Word: divested
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...Corporation created the ACSR in response to student demands that Harvard divest its stocks in Gulf Oil, seen by the students as a powerful supporter of Portugal's colonial government in Angola. The Corporation charged the ACSR with the task of advising it on the moral and ethical implications of Harvard's investments. In the seven years that followed, the ACSR began to do just that--and its advice coincided with the Corporation's actions almost blow by blow...
...broader framework for the activities of Third World students on campus is also seen in the anti-apartheid movement. Between 1977 and 1979 Third World organizations assumed the leadership of several coalitions working to force Harvard to divest of its corporate holdings in Southern Africa...
...Steiner sees something deeper. "He has an ability to step back from a situation and laugh at the position he finds himself in," Steiner notes. Perhaps that sense of humor is what prompted Bok, in a beige three-piece suit and surrounded by 75 screaming protesters demanding that he divest Harvard holdings in corporations operating in South Africa, to smile demurely and whisper to a reporter: "It's just another day in the life of a university president...
Vilakazi said South African opposition groups protest "not only South Africa but the economic links it has to the West." He added that Harvard's failure "to divest from Third World exploitative systems must be an admission that this University and society cannot do so without threatening the existence of the economy and society it supports...
...CAMBRIDGE City Council took an impressive step last week when it voted to divest its holdings gradually in companies doing business in South Africa--a step that stands in ironic contrast to Harvard's position on the same issue...