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Thursday, June 28, 2007

 
Michael Moore denied entry into the NYSE By: John Amato at Crooks and Liars on Thursday, June 28th, 2007

The SEC list you don’t want to be on… By Dominic Jones June 26, 2007 "Clicking on a country brings up a list of companies that reference business activities in those states."


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================================ END OF QUERY ERROR ================================== Financial Times May Have Lost their story page "SEC now listing companies with ties to State Sponsors of Terrorism"....BUT....Others Do Have the Info.....


Divest from Terrorism "Perhaps another reason is hinted in the last line of the press release, which says the SEC undertook the initiative to comply with a provision of the recent supplemental Appropriations Act (Public Law 110-28) requiring the SEC to help trace businesses engaged in mining or oil-drilling in Sudan, which indeed is one of five countries the SEC lists in its new database." AND "At least two firms with major Philadelphia-area operations are listed: AstraZeneca P.L.C. of Wilmington and London (NYSE: AZN) has dealings in Cuba; and Cellegy Pharmaceuticals Inc. of Quakertown (OTC: CLGY) has applied for patents in Sudan." Posted by Phillyinc on June 27, 2007

SEC Makes Terrorism-Link Info Available to Investors - 2007/06/27 19 hours ago

The Securities and Exchange Commission (SEC) has added to its Web site a tool that permits investors to obtain information directly from company disclosure documents about their business interests in countries the US Secretary of State ...
Planadviser.com - http://planadviser.com


SEC
now listing companies with ties to State Sponsors of Terrorism
27 Jun 2007 by Olav23

Federal law already requires companies to report on any material activities in a country on the Secretary of State's terrorism list and the SEC is now making that information "readily accessible to the investing public," Cox said. ...

Early Retirement Forums -
FROM.................

Olav23
Recycles dryer sheets


State Sponsors of Terrorism

Iran has the most companies listed at 43, followed by Sudan at 32, Cuba with 22, 19 in Syria, and five in North Korea.

Only two companies _ U.K.-based HSBC Holdings PLC, Europe's largest bank, and Credit Suisse Group, Switzerland's second-largest bank _ had business activities in all five countries. But numerous firms, including Nokia Corp., Siemens AG and Total SA, disclosed activities in multiple countries.

"No investor should ever have to wonder whether his or her investments or retirement savings are indirectly subsidizing a terrorist haven or genocidal state," SEC Chairman Christopher Cox said in a release.

Federal law already requires companies to report on any material activities in a country on the Secretary of State's terrorism list and the SEC is now making that information "readily accessible to the investing public," Cox said.

But the existence of a disclosure does not mean that the company directly or indirectly supports terrorism or is otherwise engaged in any improper activity, the SEC said.


justin
Thinks s/he gets paid by the post

Interesting that Cuba made the "state sponsor of terrorism" list.

I guess I should feel dirty. Approximately 1/2 of our household income comes from a company that has business activities in all five terrorism-sponsoring countries.

bosco
I'm actually surprised at some of the names on the list for the Sudan, and its seems to contradict a post I made on another thread.

However, it is not obvious to me that essentially banning the kind of benefits that companies might bring to a place like the Sudan discourages terrorism. In fact, it could be the opposite. I'm not sure what the "right" thing to do might be, but whatever it is I hope it doesn't involve making the suffering in a place like that any worse.

Although I haven't been there since the late 1970s (I slid in there between two bloody civil wars), I can assure you that most Sudanese are very poor, very curious, and want the same things that you and I do. So let's cut them off from all economic development and make them REALLY desperate? All that does is unites them around their bogus government (which most folks, at least when I was there, were cynical about).

Since I was in the Sudan, sharia was instituted. I've no doubt many chafe under it. Especially those in the south.


United States Translators Poorly Trained O(R) Politically Trained? Thursday, June 28, 2007 Ahmadinejad: What did he say? by soccerdad at The Left Coaster Wednesday June 27, 2007

"Iran and the rest of the world saw the United States as the clear and present danger, long before we ourselves did. We, nestled into our everyday lives of family and schedules. All except for the Blog world....the 'Sane' part of the Blog world."




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