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donsu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-08-04 01:12 PM
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"....Anti-Torture Investment Policy...." you will love this

http://www.yubanet.com/artman/publish/article_11334.shtml

Westly's proposed Anti-Torture Investment Policy sparks virulent response from defense contractor
Controller’s Proposal Would Mark First for Large Pension Fund


California State Controller Steve Westly called Tuesday for the California State Teacher’s Retirement System to become the first among the nation’s largest pension funds to restrict investments in companies engaged in torture.

“As a matter of common sense and common decency, companies looking to profit from the torture of human beings don’t belong in our portfolio,” said Westly, who serves on the CalSTRS board.

-snip-

Westly said he would discuss his proposal at Wednesday’s meeting of the board’s subcommittee on corporate governance. The subcommittee was set to discuss a proposal to question executives from CACI International regarding its role in the Iraq prisoner abuse scandal.

His remarks sparked a virulent response from CACI, a defense contractor, who called Westly's press release "baseless, inflammatory and malicious", saying no charges have been filed against any employee of CACI to date.
-snip-
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a gold star for Steve and the Teachers
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