Am I just to fell guilty out here being a powerless person about Sudan while CORPORATE CLEANS UP with no regard for life?
What is with the SELECTIVE EMPHASIS of some regimes and the MINIMIZING of others, corporate, Zionist-controlled AmeriKa...., oh, right!
"Fidelity won't relent on divestment; Board says oil stakes give it sway in Sudan" by Ross Kerber, Globe Staff | June 19, 2008
Fidelity Investments said yesterday it will continue opposing proposals that it sell stakes in oil companies tied to human-rights abuses in Sudan, suggesting that such sales could worsen the situation and its chances to "help bring constructive influence to world issues."
Oh, I see. Only Iran is to be punished?
Fidelity said in its statement:
"We have concluded that when it is appropriate to remain actively invested in a company, we will do so, thus retaining the ability to oppose company practices that we do not condone. This, in the long term, may have the greatest chance of ending those practices."
Translation: If there is $$$$ in it, anything goes!!!
"There is the possibility that driving publicly traded companies out of Sudan may actually make the situation worse, exposing the region to state-owned companies or companies that are not traded on the world's exchanges and, therefore, not subject to any shareholder influence whatsoever."
Doesn't seem to be a problem or concern when it comes to places like Burma, does it?
William Rosenfeld, who helped organize the shareholder campaign Investors Against Genocide, compared Fidelity's approach to the "engagement" tactics used by others involved with questionable companies or regimes. But, he said, the efforts are of little use without at least the threat of divestment, or "engagement has no teeth." A Fidelity spokeswoman wouldn't discuss what talks it might have held with the oil companies such as PetroChina Co., whose parent company's payments to the Sudan regime are widely blamed for helping support violent militants in the country's western Darfur region."
Just sitting here wondering if Fidelity will DIVEST from ISRAEL!!!!
Also proves what a sham all the "freedom, democracy and human rights" talk is coming from AmeriKa!
We care about ONE THING: making $$$$$$$!!!
