Thursday, July 26, 2007

Divesting from Iran and Sudan

A lot more work will be needed to get US  pension funds, and even Jewish organizations, to divest from Iran and Suda, according to a report in the Forward:  

Three states have passed legislation that should move their pension funds out of companies that do business with Iran, but legislation in most states has either failed or was not yet introduced. On the federal level, Congress is still far from making a decision on bills supporting divestment. Among the most notable slow movers, though, have been the Jewish communal organizations, which are struggling with the financial and technical difficulties of rearranging investment portfolios.

"Your money or your life," said the bandit.

"Take my life. I need my money for my old age," said Moe.

Ami Isseroff

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