Word: indirection
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Dates: during 2000-2009
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...Pagels and Harvard's King try to decipher the document. Why reward Judas? Because Jesus' death helps prove what the Gospel writer thought was Christ's real message: that his--and our--true essence is not flesh but immortal spirit. And the text bad-mouths other disciples as an indirect way of attacking 2nd century Christian bishops who encouraged believers to be martyrs...
...editors: Re: “Drop The Stock,” editorial, Jan. 12. This newspaper’s recent criticism of Harvard Management Company’s (HMC) indirect holdings in companies doing business with the Sudanese government is misinformed and is energy wasted by the Harvard Darfur Action Group (HDAG) and The Crimson. Not only do the groups’ allegations fail to understand the possible investment choices given the HMC, but they do not even account for the actual holdings in Harvard’s endowment. The allegations only serve to demonstrate a lack of understanding...
...companies), and index fund holdings (at this point in time, nine asset management firms, including Barclays and State Street, have created “Sudan-free” index funds for their clients). At this point in time, we are not asking Harvard to divest from its actively-managed indirect investments (such as hedge funds and private equity) because similar alternatives do not yet exist. If such alternatives are created in the future, only then would we ask Harvard to divest from this class of investments. We applaud the Boston Foundation’s decision today to short (bet against...
More than 400 students have signed an online petition calling on Harvard to shed its $13 million of indirect holdings in companies that do business with Sudan. The petition comes nearly two years after the University announced it would be divesting from Chinese oil firm PetroChina because of its dealings with the Sudanese government and one year after Harvard announced that it would sell its holdings in Sinopec, another company accused of helping to finance genocide in the Darfur region of the country. On March 1, the Harvard Darfur Action Group (HDAG), with the support of more than 20 University...
...investments of more than $300 million in 23 non-U.S. companies doing business in Sudan. That includes $33.3 million in PetroChina, the oil firm from which Harvard announced its direct divestment two years ago. But as of Dec. 31, Harvard still maintained a total of $13.4 million in indirect holdings in the oil companies Petronas and Sinopec, as well as PetroChina, through investment in funds managed by the British bank Barclays, according to a Crimson report last month. Daniel Millenson from the Sudan Divestment Task Force extolled his organization’s plan of “targeted divestment...