Word: divesting
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Dates: during 1990-1999
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...first panel and the curator of the Smithsonian's exhibit on the history of sweatshops, spoke about the importance of student activism in pushing for the protection of human rights through the power of the university. Mr. Liebhold specifically referred to student-activists at Harvard who pressured Harvard to divest from South Africa. In addition, Congressman George Miller (D-Calif.) praised students for their passion and expertise on the issue of sweatshops, while warning universities to heed students...
During the late 1970s, and early 1980s, when South African apartheid gained global recognition, Harvard chose not to fully divest from companies doing business in South Africa. To the University's credit, a full review was undertaken and a conditional investment policy was announced by then-President Bok. Harvard fell far short, however, of the complete divesture called for by leaders of the anti-apartheid movement...
...recent years, the two committees did agree to force HMC to divest selectively from businesses operating in South Africa during apartheid and firms that manufacture tobacco products...
...students protested Harvard'sinvestments by occupying Mass. Hall, and theUniversity eventually responded with a plan to"divest selectively" from South Africa...
...billion deal to buy Barnett. Then he backed away from a pledge to cut $450 million out of Barnett's costs this year because of difficulty digesting the earlier acquisition. Nonetheless, NationsBank is shedding 200 branches in Florida (including 124 that state regulators have ordered it to divest) and reducing the merged workforce from 30,000 to 22,000. Gleeful local rivals have launched an ad blitz that analysts say could persuade about 10% of Barnett's customers to switch their accounts...