[AP/Akron Beacon Journal] John McCarthy - Ohio can make a splash in international politics if it agrees to divest itself of dealings with companies that do business with Iran, former CIA Director James Woolsey said Thursday as he testified on behalf of a bill that would strip Ohio's public investments from international companies doing business with Iran. "It's important because [Ohio] is populous and a swing state in presidential elections," Woolsey said after testifying before the House Financial Institutions, Real Estate and Securities Committee. The bill sponsored by Reps. Josh Mandel of suburban Cleveland and Shannon Jones of Springboro would require the state's five public pension funds to dump investments in companies that do business with Iran. Whatever Iran "decides to do by way of talking with the United States or not talking with the United States, this genocidal talk and terrorist support is just unacceptable," Woolsey said.
2007-05-04 01:00:00Full ArticleBACK Visit the Daily Alert Archive