Word: gaffney
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Firms with links to the Sudanese regime could see their stock prices crater as divestment pressure mounts, Gaffney said...
PetroChina’s initial firewall arrangement “was specifically aimed at institutional investors who feared public backlash,” said Frank Gaffney, who acted as assistant secretary of defense under the Reagan administration...
...Gaffney, now the president of the Washington-based Center for Security Policy, said the arrangement was a “scam” intended to deceive stockholders who wanted to clean their hands of any involvement with the Sudanese regime...
...Gaffney said he sees a diverse political alliance coalescing around efforts to prod investors to cut their ties with Sudan. The coalition includes human rights activists, security hawks who highlight the Khartoum regime’s sponsorship of terrorism, and African American clergymen who are concerned by the regime’s targeting of Christians and dark-skinned Sudanese...
Fighting side-by-side against the Sudanese regime, former Republican administration officials and Democratic congressmen have become “soul mates,” Gaffney said...