Public Endorsement of SRI from Israeli Ambassador

March 16th, 2008 | Categories: News | Tags: Bibi, divest iran, Investing, Iran, Israel, Politicians, shareholders, SRI

Following Bibi Netanyahu’s lead, Salai Meridor is now the latest Israeli government official proposing divestment from companies who are doing business with Iran. As reported first by JTA in an article titled: “What can you do about Iran? Use the phone, Meridor says“, March 11th, 2008, the Israeli Ambassador to the US, Salai Meridor is proposing that Israelis and Americans alike contact their pension fund managers to ensure that none of the companies they invest in are doing business with Iran. It boggles the mind why such a simple, yet effective step against the genocidal regime in Iran is not being taken by more public figures in Israel. The only reason I can think of for the slow uptake of Iran Divestment lobbying is that politicians and the public in Israel are not fully aware of the tremendous impact their investments have on our world. The phrase “if you can’t see, it it doesn’t exist” is particularly applicable to the silent world of the capital markets. While its the major financial institutions like Goldman Sachs, CitiGroup and others who take the limelight, its the ordinary Joe whose money they are playing with. Isn’t it about time all the Joe’s in the world stand up and take a stand?

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