Word: divesting
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Harvard's complicity in apartheid has another dimension. Harvard's support for apartheid is an outrage in itself, the Corporation's refusal to divest represents an intolerable affront to the Harvard community. For six years, the Administration has ignored, co-opted, or defied every demand for divestment, in spite of an overwhelming student consensus against ties to South Africa...
...apartheid; the next year, two-thirds of the student body went on a one-day strike against South African investments. With national media attention focused on the divestiture movement, drawn by the march. President Bok was careful to insist on Harvard's "abhorrence" of apartheid. Yet Bok refused to divest, promising instead a case-by-case review of its portfolio to determine whether a given corporation contributed more to apartheid than it provided in benefits to its Black employees...
...protesters also urged Cornell to divest from license contractors Pamphlets distributed at the demonstration suggested students fight the new Reagan proposal that requires recipients of federal financial and to register for the draft. Cornell Daily...
AFTER SEVERAL MONTHS of deliberation, the Advisory Committee on Shareholder Responsibility (ACSR) recommended this month that the Corporation divest its $20 million of stock in cigarette manufacturer Philip Morris, Inc. Yet despite the ACSR's complaints against Philip Morris--which include the unique magnitude of the health hazard constituted by cigarette smoking, the inherent rather than potential harmfulness of cigarettes, and the active promotion through advertising of smoking-a Crimson undergraduate poll revealed that half of those surveyed felt Harvard should retain its tobacco holdings...
...borders to the rapacious marketing practices of tobacco companies in foreign countries, especially the Third World. The ACSR recommendations addresses this concern only briefly, but details of these practices reveal the truly exploitative intentions of films like Philip Morris and provide a moving case for Harvard to divest in tobacco stock...