Word: divestment
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While all three speakers yesterday supported the Presbyterian Church’s decision to divest, Rami R. Sarafa ’07, president of the Society of Arab Students (SAS), said that “at this time, we and our co-sponsoring organizations are not promoting divestment but are promoting discussion and debate about it.” The International Relations Council, the Palestinian Solidarity Committee, and the Woodbridge Society of International Students joined SAS to co-sponsor the event along with several graduate school and alumni groups...
Initially, church members will approach managers at multinational corporations that provide support to Israeli soldiers and settlers in the West Bank and Gaza. In the next stage, the church will put forward shareholder resolutions to effect change from within. The church will ultimately divest “only if the other means fail,” Kepler said, adding that no sale of stock will occur before June...
DECISION TO DIVEST...
...thesis Wannop declared “Harvard doesn’t like to be forced into changes quickly.” So he was greatly surprised when Harvard readily divested from PetroChina. However his thesis does provide an answer for the University’s unexpected behavior. “I think that part of [the move to divest] was due to the President Summers controversy; [the corporation] did not want to draw more attention to the school,” Wannop said...
After the talk, Brownback told The Crimson that he met with University President Lawrence H. Summers, thanking him for Harvard’s decision to divest and saying the move was a “very good, right statement...