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[Boston Globe] Peter Schworm - Student activists at Hampshire College in Amherst, Mass., are hailing a divestment decision by the board of trustees that they say makes the college the first in the country to break financial ties with companies specifically because they do business with Israel. But the college strenuously denies the move was politically motivated. Students for Justice in Palestine said it had urged trustees over the past year to sell off holdings in a mutual fund run by State Street Global Advisors in order to divest from six companies because of human rights concerns in the Palestinian territories. The companies were: Caterpillar, United Technologies, General Electric, ITT Corporation, Motorola, and Terex. Sigmund Roos, chairman of the board of trustees, said the board never reviewed the group's petition. Roos said he was disappointed that students had portrayed the board's decision as a protest of Israeli policy. 2009-02-13 06:00:00Full Article
Hampshire College Cuts Ties with Firms Invested in Israel
[Boston Globe] Peter Schworm - Student activists at Hampshire College in Amherst, Mass., are hailing a divestment decision by the board of trustees that they say makes the college the first in the country to break financial ties with companies specifically because they do business with Israel. But the college strenuously denies the move was politically motivated. Students for Justice in Palestine said it had urged trustees over the past year to sell off holdings in a mutual fund run by State Street Global Advisors in order to divest from six companies because of human rights concerns in the Palestinian territories. The companies were: Caterpillar, United Technologies, General Electric, ITT Corporation, Motorola, and Terex. Sigmund Roos, chairman of the board of trustees, said the board never reviewed the group's petition. Roos said he was disappointed that students had portrayed the board's decision as a protest of Israeli policy. 2009-02-13 06:00:00Full Article
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