Monday, September 25, 2006

Schwarzenegger Signs Bill Forbidding Sudan Investment

This seems like a nice step but it seems no one knows how much California was investing in Sudan beforehand.

Officials could not place a precise value on state investments in Sudan.

The University of California system doesn't hold any stock directly in companies doing business with Sudan, but it does have pooled investments in those companies. The amount of money involved, officials said, would be a small fraction of its $66 billion in pension and endowment funds.

The state pension system is trying to identify any Sudan investments.

It would be an interesting list to see about which US companies (if any) are directly investing in Sudan. This is a site that has a few companies doing business in Sudan to divest from. These are the companies that the site mentions:


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