Saturday, February 03, 2007

Brooklyn & Queens Councilmen to Lead Sudan Divestment Rally

Council Member and former Congressional candidate David Yassky and Council Member Eric Gioia are helping to lead a rally on Sunday (2/5) calling on New York City's and New York State's pension boards to divest investments they have in firms doing business with the Sudan. The move stems from the awful conflict and genocide in Darfur. Organizers say NYC pension funds have hundreds of millions of dollars worth of investments in companies with active holdings in the Sudan. "By choosing to withdraw investments from these companies, New Yorkers will be sending a clear message that their money will not be used to support genocide," a release for the rally says. You can check out the Sudan Divestment Task Force here. There is a growing movement around the nation, including divestment legislation at the state level, concerning divestment from funds doing business in Sudan. There are hundreds of ongoing campaigns around the nation.

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