Word: divesting
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Dates: during 1990-1999
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...began with a report that PALC sent the two-month-old Administration. The paper detailed the relationship of the Gulf Oil Co. to Portuguese colonies in Africa and asked the University to divest itself of its 680,000 shares of Gulf stock. Throughout the controversy that followed, PALC charged that Gulf's African investment "facilitates the daily slaughter of Africans" and that "Harvard is deeply implicated in this crime...
...statement issued at 8 a.m. repeated demands that Harvard divest and make "a public statement that it will not be involved in racist imperialist adventures in the future...
About 50 black protesters, most of the them Harvard students, stage a mill-in at University Hall to demand that Harvard divest itself of its 680,000 shares of Gulf Oil stock. They charge that Gulf, through investment in Portugese colonies in Africa, "facilitates the daily slaughter of Africans...
...clearest recollections of the class of '72 are of being one of the group of students who seized Massachusetts Hall--President Derek Bok's office--for more than a week. We demanded that Harvard divest its shares in Gulf Oil, which was then underwriting oppressive regimes in Mozambique, Guinea-Bissau and Angola...
...designate Anthony Lake $5,000 after he settled his differences with the Justice Department with an agreement to pay that amount for owning stock that exposed him to a potential conflict of interest. As President Clinton's National Security adviser, Lake had been notified by White House lawyers to divest himself of several energy-related stocks, whose value could be affected by policies he helped to formulate. Lake's broker apparently failed to sell the stocks, leading to a potential ethical conflict and a Justice Department investigation. As part of the settlement, the Justice Department stipulates that Lake was guilty...