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[St. Petersburg Times] Janet Zink - The state of Florida may soon sell pension funds invested in some companies that do business with Iran and Sudan. State senators on Friday unanimously voted for a bill that would require divesting pension funds from companies doing business with the petroleum sector in Iran and the government of Sudan, where the Darfur region has been bloodied by violence that by some estimates has left more than 400,000 people dead and 3 million people homeless. Sen. Ted Deutch, D-Boca Raton, sponsored the legislation. Deutch said there's no reason for the state to invest in genocide and terror, and Florida residents "don't want their money being used this way." If passed next week by the House and signed by the governor, Florida would be the first state to legislate divestment of pension fund holdings from Iran, Deutch said. 2007-05-01 01:00:00Full Article
Florida Looks to Lead Charge on Businesses in Iran, Sudan
[St. Petersburg Times] Janet Zink - The state of Florida may soon sell pension funds invested in some companies that do business with Iran and Sudan. State senators on Friday unanimously voted for a bill that would require divesting pension funds from companies doing business with the petroleum sector in Iran and the government of Sudan, where the Darfur region has been bloodied by violence that by some estimates has left more than 400,000 people dead and 3 million people homeless. Sen. Ted Deutch, D-Boca Raton, sponsored the legislation. Deutch said there's no reason for the state to invest in genocide and terror, and Florida residents "don't want their money being used this way." If passed next week by the House and signed by the governor, Florida would be the first state to legislate divestment of pension fund holdings from Iran, Deutch said. 2007-05-01 01:00:00Full Article
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