Word: divesting
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President Bok has remained in his belief that action against the South African government must occur at the federal level and consequently that the University need not sell its stock in companies that do business in South Africa so long as they abide by the Sullivan Principles. The pro-divestment forces, meanwhile, have just as steadfastly maintained that Harvard should and must divest in order to send a message to South Africa to the present U.S. Administration, and to the world...
...selling stock in Baker Corp., Harvard has already shown its willingness to divest its share in irresponsible companies. Why should it not then use its shareholder power to elect a director who will act to ensure the proper behavior of the remaining companies in its portfolio? To those who favor divestment, the election of Bishop Tutu would mean that apartheid's most notable, eloquent, and unimpeachable opponent would be able to affect the behavior of U.S. companies abroad depends upon the will of the people, and not just the position of the incumbent administration. For those...
...lunchtime protests are part of a recent surge of anti-apartheid activism Harvard and other colleges Students have said Harvard's investments support repression by the South African government and want the University to divest its holdings...
...support of the Kennedy bill comes at a time of heightened student protest to pressure the University to divest of its $580 million of stock in companies doing business in South Africa...
...Faculty Council's recommendation Wednesday to revive the Committee on Rights and Responsibilities confirmed earlier indications that officials believe recent pro-divest, rent activities violated a 15-year-old Faculty declaration on freedom of speech and movement in the University. That statement, the Resolution on Rights and Responsibilities, was approved by the Faculty of Arts and Sciences in 1970 in the midst of intense student protest activity. It appears in the College's Handbook for Students and is reprinted below...