Friday, February 13, 2009

Another First?

Hampshire College was the first college to divest itself of investments in South Africa thirty-two years ago. Now, students at Hampshire are announcing that the college will be divesting investments in Israel .

The college trustees deny that the divesting was based on Israel's actions in Palestine. They say that their decision was made "without reference to any country or political movement." They decided to pull the college's money out of State Street Global because the fund had investments in companies that violated the college’s policy on "socially responsible investments."

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