Public Endorsement of SRI from Israeli Ambassador

March 16th, 2008 | Categories: News | Tags: , , , , , , ,
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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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Shareholder Rights in Israel

March 24th, 2007 | Categories: SRI | Tags: ,
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I have been searching for the most effective way to establish SRI in Israel for many years. Unfortunately there are many barriers to SRI in Israel. Probably the most significant is the lack of an awareness of Shareholder rights. Israelis are used to thinking about the stock market more as a casino and less as an economic system for allowing small investors to become capital owners. One topic which may change all that is the divest from Iran campaign Bibi Netanyahu is heading up. I congratulate him for stepping up to the plate on this issue and hope that the media will be kind enough to provide him with a podium from which to communicate with the Israeli public. The previous post is an excellent article describing Netanyahu’s campaign.

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