Word: stockely
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Dates: during 1970-1979
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...SASC also called on the University to sell its almost $17 million of bonds and other short-term notes in banks lending money to the South African government. The University last week sold some of its stock in such banks for "financial reason...
...UNIVERSITY'S ANNOUNCEMENT late last week of the decision to sell over $600,000 of stock in two banks that lend money to the apartheid government of South Africa came as a surprise to almost everyone involved in the divestiture conflict...
MacKay Shields Financial Corporation, the investment firm that controls a segment of Harvard's portfolio including the Citicorp and Manufacturer's Hanover stock in question, told the University last week it was selling those particular stocks as part of a $1.6 million changeover to investments with greater and faster growth potential. Walter M. Cabot '55, deputy treasurer of the University, relayed that information to the Advisory Committee on Shareholder Responsibility (ACSR), but said at the same time that the sales stemmed from purely financial, and not political, motivations, though the sale has obvious political repercussions...
Several other colleges and universities, including Hampshire College, the University of Wisconsin, and Ohio State University, have already publicly announced that they will rid themselves of stock in companies that support the South Africa government. To these schools, the obvious repression and denial of human rights that characterize the minority rule in South Africa made their claims as institutions of freedom and learning hypocritical as long as they continued to hold the tainted stocks...
...They are stock characters. It does not take a very penetrating eye to notice that some Florida tourists resemble wizened monkeys in floral shirts, or that some American housewives are fat, glazed by the tube and bloated with junk food. But such is the level of Hanson's social perceptions; all his art can do is count the details without furnishing any credible in sights. Like most "documentation" art, it is gratuitous, in a sprawling kind...