Word: indirections
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...felt like they were reacting more to The Crimson's concerns about indirect investments than our concerns about creating rules that would make companies think twice before beginning to do business in Sudan," Ganong wrote...
...Crimson had reported in January that, despite the decisions to divest from PetroChina and Sinopec—two Chinese oil firms with ties to Sudan—Harvard still maintained indirect holdings in these firms worth more than $16 million through investments in other funds...
...first half of the CCSR report explains the rationale behind the Corporation's now-definitive stand on not divesting from these indirect holdings. The report reasoned that due to lack of control over their makeup and a lack of suitable alternatives, these holdings could not be sold off without incurring substantial losses to Harvard's endowment...
...Advisory Committee on Shareholder Responsibility (ACSR)—the panel of students, faculty, and alums that had been assigned the task of researching these issues—the CCSR report “concluded that no change in the University’s divestment policy with respect to indirect investment is called...
After taking the position with Lula’s government, Unger retracted these criticisms, writing again in Folha de S. Paulo, “I was wrong. The facts demonstrated that the president had no direct or indirect involvement in those episodes...