Word: divested
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...review of past and future economic policy. Meetings for an investment strategy review are scheduled for this week. It is not yet clear to what extent questions of corporate and social responsibility will influence the new investments the company will make or its decisions to maintain or divest Harvard's existing shareholdings. But these considerations will no doubt be at least a part of the policy discussions...
...year ago, Crimson articles on the University's ownership of single-family homes in the Harvard area touched off what Daniel Steiner '54, general counsel to the University, calls a "minor hurricane" in Mass Hall. This September the 29 houses involved remain under Harvard's stewardship, although promises to "divest" the property are closer to realization...
...this day of energy shortages. It is highly unlikely that there will be any immediate move to get Harvard out of such companies, no matter how regressive their policies are. There may be a slight alteration of this make-up over time, but if Harvard ever does decide to divest itself of its Gulf Oils, Middle South Utilities and other controversial stocks, the process will be eternally slow. Cabot and Putnam are fine Boston gentlemen, bred in the best Harvard tradition. They still adhere to the norms of financial management followed by the great money houses of New York...
Sabino Rodrigues III '74, one of the two undergraduate members of the Advisory Committee on Shareholder Responsibility, said this week he is considering asking the ACSR to recommend next fall that Harvard divest its stock in several corporations...
...formative stages; Rodrigues says he would have to get re-elected to the ACSR next year to carry out his plan. But he says the corporation that immediately comes to mind for possible divestiture is International Telephone and Telegraph, and that he doesn't believe Harvard should divest its stock in Gulf, as the Pan-African Liberation Committee demanded two years...