Word: divested
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...steering committee of the Southern Africa Solidarity Committee (SASC) said in a statement last night that the group has "been saying all year that shareholder resolutions calling for corporate withdrawal don't work. Now the ACSR has admitted that. Will the Corporation draw the logical conclusion and divest...
Nothing he'd ever have to divest...
...they will neither make nor renew loans to the South Africa government. The corporation should follow its plan issued in the May 1978 report. If the bank does not state that it will make no more loans to the present South African government or its agencies, then Harvard must divest. I must strongly disagree with the policy of changing the requirements if not all banks follow them. This problem bears many similarities to the inadequate responses of companies to the Harvard-IRRC questionnaire. If Harvard lets the banks and companies determine its policies, then nothing will be done by Harvard...
Members of the Southern Africa Solidarity Committee (SASC) began canvassing all Harvard undergraduates last night to encourage them to picket Massachusetts Hall this afternoon and to sign petitions urging the Harvard and Radcliffe Corporations to divest of their holdings in corporations and banks operating in South Africa...
...whole question sounds very complicated, and no doubt the administration will try to delay and defuse the issue by emphasizing its complexity. In fact, the contradictions are crystal-clear. Manufacturers Hanover's policy is to make, renew and extend loans to the South African government. Harvard has promised to divest itself of bonds in banks that have such a policy. Yet Harvard continues to hold $11 million in Manufacturers Hanover bonds...