Archive for November, 2007

It may have slipped past your radar screen, but over the past six months or so, a striking number of states and municipalities—including New York, Illinois, and California—have passed or are expected to pass laws restricting public pension funds in their jurisdictions from holding investments in global companies who do business in Sudan. And now, companies doing business in Iran are being targeted for divestiture as well. To put it bluntly, this gives me a very uneasy feeling.
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