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Indecisiveness also characterized two other votes of the Corporation. It faced a proxy calling on Atlantic Richfield Company to halt its expansion in Chile until the Pinochet government loosens its restrictions on civil rights, and another committing Occidental Petroleum--the parent company of the polluter of the Love Canal--to establish a policy for responsible disposal of chemical waste. With the ACSR backing the two resolutions, the Corporation was once again caught between its reluctance to oppose management and its desire not to counter the urgings of the ACSR. Again, it abstained...

Author: By James L. Tyson, | Title: A Thorn In its Paw | 6/5/1980 | See Source »

...holdings, and more unlikely that the controversy will fade away. The Root Of All Evil Harvard's Top 15 Investments IBM $56,900,000 Schlumberger $55,200,000 Exxon $52,600,000 AT&T $51,700,000 Mobil Oil $48,300,000 Standard Oil (Cal.) $45,200,000 Atlantic Richfield $33,000,000 Standard Oil of Indiana $29,500,000 Getty Oil $26,300,000 Superior Oil $25,500,000 General Reinsurance $23,200,000 Halliburton $19,200,000 General Electric $17,700,000 Xerox $15,900,000 Raytheon $15,700,000 HARVARD HOLDINGS IN DOLLARS

Author: By James L. Tyson, | Title: A Thorn In its Paw | 6/5/1980 | See Source »

Physical protection is now another, necessary, status symbol. Sperry Rand hired a retired FBI agent to travel overseas to check security arrangements for executives. High executives at Atlantic Richfield, Standard Oil of California and other oil companies typically move from office to limousine to private jet accompanied by bodyguards...

Author: /time Magazine | Title: Business: Top-Dollar Jobs | 6/2/1980 | See Source »

...awarded Ussia its "Cross of Knight," the equivalent of an English knighthood, in 1972 for his cultural services to the Republic. He has won numerous professional awards for his projects, including the design of the mechanical and electrical systems for the Midwest Coliseum, a 20,000-seat arena in Richfield, Ohio, and home of the Cleveland Cavaliers...

Author: By Geoffrey T. Gibbs, | Title: Dante Society Finds Cambridge Paradise | 5/6/1980 | See Source »

...Advisory Committee on Shareholder Responsibility (ACSR) voted last night to support a resolution asking the Atlantic Richfield Company (ARCO) not to expand its investments in Chile until the Pinochet regime there restores complete civil and political rights...

Author: By Siddhartha Mazumdar, | Title: ACSR Votes To End Chile Investments | 4/29/1980 | See Source »

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