Word: divested
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...Durham concert came on the heels of the late April student protests against the Harvard Corporation's decision not to divest itself of stock it holds in companies operating in South Africa. Raitt's reaction was very much in character with her direct, communicative style. She said, "Great. It's about time people got off their ass at Harvard. I think it's great. That's the one thing I missed--a lot of political involvement. In the years that I was building up my career, that seemed to fall by the wayside, and not it's real nice that...
Therefore, it would seem that if the University does divest itself of its South African holdings, it should use this freed money to defray tuition costs, thus lowering or stabilizing tuition, rather than reinvesting it in different company stock. Stanley Hilton Harvard Business School Student
Neva Magketla '78, an SASC member, said yesterday, "Radcliffe should immediately divest itself ot its holdings in all banks that have made loans to the South African government, like First National Bank of Boston and the Bank of America...
...highly unlikely we'll divest our stock in companies in South Africa," Gardiner said, adding that although the Corporation report recommended against divestiture except in extreme cases, "we reserve the right to make our own decisions...
Henry W. Sang, an MIT graduate student and coalition member, said Saturday petitions the group is circulating demand that Wellesley and MIT divest themselves of all investments in corporations operating in South Africa, that they remove their funds from banks making loans to the South African government, and that they publicly declare their opposition to apartheid...