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Impact

Fidelity is helping to support Genocide in Darfur

Flag As InappropriateSusanMorgan SusanMorgan over 5 years ago about Fidelity Investments

The Fidelity Out of Sudan campaign is a citizen-led initiative to encourage Americans to examine their personal savings and divest from companies which are helping to fund the genocide in Darfur. The government of Sudan continues to pursue genocide in Darfur, using its oil revenue to provide arms and funding for the genocide, rather than economic development for the poor people of Sudan. Despite the atrocities in Darfur, Fidelity, through its mutual funds, not only has been a major investor in oil companies operating in Sudan, but it has been significantly increasing its holdings and is the largest holder of PetroChina (PTR) on the NYSE.

Visit www.FidelityOutOfSudan.com to learn more and sign the petition to become one of 400,000 people for 400,000 lives.

How has Fidelity responded to calls for divestment? With form letters and prepared statements.

“We believe the resolution of complex social and political issues must be left to the appropriate authorities of the world that have the responsibility, and capability, to address important matters of this type,” the company says. “And we would sincerely hope that they would do so wisely on behalf of all of the citizens of the globe.”

How touching.

Here’s hoping you can help recruit many more people to join our campaign for 400,000 Voices for 400,000 Lives, and help save Darfur.

11 people found this important

  • SusanMorgan
  • doctorj2000
  • jolietjake
  • themanwithaplan
  • WLRosenfeld
  • jarkko
  • gwelsh
  • avocade
  • ericcohen98
  • skyking
  • hellokitkat

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Comments

doctorj2000
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Join our Facebook group by clicking here: http://bu.facebook.com/group.php?gid=...

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doctorj2000 over 5 years ago

headlessness
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For anyone interested in a news source, here’s the CNN story Fidelity’s Sudan Problem.

headlessness over 5 years ago

skyking
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NO funding Genocide. Sorry NO. Hello stockholders & clients. Shift funds away from this Company. Name names.

skyking over 5 years ago

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