Word: indirectly
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While Harvard added another Darfur-linked oil firm to its Sudan divestment hit list on Friday, the University officially condoned its indirect holdings that have previously been the subject of much debate...
...January, The Crimson reported that the University maintains indirect holdings—a total of more than $12 million—in these companies through certain funds in its investment portfolio...
...Other districts have maintained diversity by using race in indirect ways. Since 2004, Berkeley, Calif., has assigned students to public elementary schools based on their neighborhood's racial makeup and the income and education of its residents. The plan survived a legal challenge in April, though the case is on appeal. Variations in other cities consider a neighborhood's poverty level or opportunity index, which measures a broad range of factors that can correlate with race...
...INDIRECT PROFIT...
...portfolio.The University’s holdings in three of those funds declined slightly during the first quarter of 2007, according to filings last week with the Securities and Exchange Commission. But the student divestment movement has picked up steam throughout the spring.Divestment from the University’s indirect holdings, however, may prove difficult.‘MUCH TRICKIER’In April 2005, Harvard became the first U.S. university to divest from a company linked to Sudan when it sold its holdings in PetroChina, a Chinese oil company. One year later, Harvard also divested from Sinopec, another Chinese...