Friday, March 17, 2006
Er... ror?
Divestment!
UC officials said yesterday that since they could not determine an exact dollar amount until divestment, they would not reveal the value of the holdings in the nine selected companies.
Since they didn't know, they wouldn't reveal it. How interesting.
Anyway, according to the Chron, the Daily Cal is simply incorrect. (SHOCK!)
University officials refused Thursday to indicate the approximate dollar amount of the investments to be shed or what percentage of the university's $4 billion foreign-investment portfolio would be divested, saying that premature disclosure could affect the market for its shares.
I report, you decide which of the reporters is actually reporting.
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