Tuesday, April 14, 2009

The Double Standard of Divestment

Some get called out, others do not!

Also see:
Sudan Shuts Down Israeli Weapons-Smuggling Site

Need I say more about the mafia media?

"Group: Vanguard misled on investing" by Christopher Condon, Bloomberg News | April 14, 2009

Vanguard Group Inc., the largest US manager of stock and bond mutual funds, has been accused by an advocacy group of misleading investors with its policy aimed at curbing human rights abuses.

Investors Against Genocide, a Boston group that pressures mutual fund firms to make socially responsible investments, said Vanguard increased its holdings in Beijing-based PetroChina Co. in the three months ended Jan. 31. Vanguard said March 11 that it had begun a policy in the previous six months to identify companies linked to rights abuses....

PetroChina explores for oil in Sudan, whose government has been accused of orchestrating genocide in its Darfur region. Trade publication Alexander's Gas and Oil Connections called Sudan the "key overseas upstream investment region" for PetroChina's parent, China National Petroleum Corp.

Vanguard spokesman John Woerth, referring to the company's March policy statement, said in an interview yesterday that the fund company will identify and monitor companies whose "direct involvement in crimes against humanity or patterns of egregious abuses of human rights would warrant engagement or potential divestment."

But not with Israel according to the Zionist AmeriKan jewsmedia!

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Related: The Best College in the Whole Wide World

See what I mean, readers?