Fund firms can expect renewed pressure from the Save Darfur Coalition following a new bill that was signed into law today.
The AP reports that President Bush a bill that will allow mutual fund managers to cut ties with companies that have funded the genocide in Darfur, without the threat of lawsuits. Now that divestment is a bit easier, expect protesters to show up in force to pressure companies into divestment. Companies that have been target by the group in the past include:
Fidelity,
Franklin Templeton,
Vanguard and
Capital Group.
 
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