Harvard decided that PetroChina was supporting the government of Sudan's efforts at genocide in Darfur. So, they asked for their money back.
Stanford followed suit a few weeks later announcing that it would sell its shares in PetroChina and Sinopec so that it could get out of the business of genocide and let someone else get in.
This news is more than a year old, but it has started a string of similar activity by other colleges.
Amherst, Dartmouth and Williams Colleges, the Universities of California and Washington; and Boston, Brandeis, Brown, Columbia, Princeton and Yale Universities all sold out, too.
This makes me wonder a lot of things - Why are colleges investing in these kinds of activities in the first place?
Why do the Universities of California charge such ungodly tuition prices when they have enough money to invest in whatever? Couldn't those endowments be better spent investing in their students!?
I think so.
Yea, good. Uh, I'm glad the colleges are not investing money in genocide. But, why aren't they investing the money in education, right here, right now, in America?
What do you think?
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