Word: putnam
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Dates: during 1970-1979
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...light of this evidence, Harvard Treasurer George Putnam's contention that Harvard abstained on the shareholder resolution because it believes G.E. is a "responsible investor" in South Africa is ludicrous...
...subcommittee members could not find a convenient time to discuss the resolutions by conference phone call, as they had originally planned, Putnam said...
...Putnam accepted ACSR's recommendation, deciding that Harvard will support the resolution requiring Union Crbide not to expand its South African operations...
...resolution. Although student-faculty-alumni group voted in favor of forcing General Electric to withdraw totally from South Africa-one ACSR member this week cited the committee's belief that G.E. has shown a "complete lack of interest in the fate of the black South African worker"-Putnam decided Harvard will abstain on the resolution...
...Putnam said yesterday he made the decision because he believes G.E. is a "responsible employer" and is "better than the European employer" who would move in and take G.E.'s place if it were forced to withdraw...