Sunday, Jul. 17, 2011
From Archbishop Desmond Tutu, winner of the Nobel Peace Prize in 1984 and the Presidential Medal of Freedom in 2009:
As shareholders with the retirement giant TIAA-CREF head to Charlotte this week for their national meeting, there is one issue they will find conspicuously absent from the agenda: divestment from the Israeli Occupation. Despite pleas from shareholders, including medical professionals, students and academics from universities across the United States, the pension fund refused to allow a vote on a resolution that would have compelled TIAA-CREF to consider divestment from companies such as Caterpillar or Elbit. These are companies that profit substantially from the illegal Israeli occupation of Palestinian land.