Warren Buffet: Supporter Of Genocide
Warren Buffet's Fund Rejects Sudan Divestment Proposal
Shareholders of the investment fund Berkshire Hathaway led by Warren Buffet have rejected a proposal to divest from companies profiting in Sudan. Berkshire is the largest independent shareholder in PetroChina, whose parent company, China National Petroleum drills and exports much of Sudan's oil, providing funds for the Sudanese government and its military. Activist shareholders urged Berkshire to divest because of the Sudanese government's role in the genocide in Darfur where hundreds of thousands of people have died. Meanwhile Darfur activists are criticizing the Bush administration for describing the Sudanese government as a "strong partner in the War in Terror." The description appears in the State Department's 2006 terrorism report.
Source: Democracy Now, May 7, 2007
Shareholders of the investment fund Berkshire Hathaway led by Warren Buffet have rejected a proposal to divest from companies profiting in Sudan. Berkshire is the largest independent shareholder in PetroChina, whose parent company, China National Petroleum drills and exports much of Sudan's oil, providing funds for the Sudanese government and its military. Activist shareholders urged Berkshire to divest because of the Sudanese government's role in the genocide in Darfur where hundreds of thousands of people have died. Meanwhile Darfur activists are criticizing the Bush administration for describing the Sudanese government as a "strong partner in the War in Terror." The description appears in the State Department's 2006 terrorism report.
Source: Democracy Now, May 7, 2007
posted by TLC's Place at 1:56 PM
0 Comments:
Post a Comment
<< Home