Word: totaled
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Dates: during 1980-1989
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...ACSR was created in 1972 to advise theCorporation's committee on issues associated withethical investing, but has no formaldecision-making power. Since 1985, Harvard'spolicy of "selective divestment" from companiesthat do business in South Africa has remained thesame, although the University's total holdings inSouth Africa have declined about 30 percent in thelast year as a result of companies deciding ontheir own to divest...
...fact, the University recently adopted ageneral policy that favors total withdrawal fromSouth Africa by the companies in which it ownsstock. This stance followed the recommendations ofa joint committee of Harvard's governingboards--the Corporation and the alumni-electedBoard of Overseers...
Goodman, who says he supports total divestment,says that although "there isn't anybody [on theACSR] who feels that apartheid isn't anabomination," committee members have differentideas about how Harvard--as an educationalinstitution--should influence public policy...
...Radcliffe President Matina S. Horner alsosays total divestment is not the best answer tothe apartheid problem. "If you totally divest, youturn your back on the issue," Horner says...
...prime reason for the nervousness is that no one is sure just how much property the Government will be taking over. Stuart McFarland, chairman of Virginia-based Skyline Financial Services, which manages 8,000 repossessed properties in 21 states for the Government, estimates that the real estate might total $200 billion or more. The load of S & L properties is compounded by a growing stock of real estate that other Government agencies have taken over in recent years because of loan defaults. The Farmers Home Administration will have to dispose of 1.3 million acres of farmland, a territory roughly...