InstitutionalInvestor.com Announces Investigative Series On Crisis In Sudan and the U.S. Investment Community
New York (PRWEB) February 23, 2006 -- InstitutionalInvestor.com announces a two part series investigating the Sudan crisis and legislation requiring divestment from companies engaged in Sudan. Last year Illinois became the first state to pass such legislation. The ensuing fallout exposed a disconnect between politicians who sponsored the bill and the managers charged with its implementation. InstitutionalInvestor.com details the effects this precedent may have on upcoming legislation throughout the country..
Illinois State representative Shane Cultra explains, “I don’t think anyone studied how the pensions would be affected or really consulted with the managers. You can’t pass legislation like this on the spur of the moment. These actions needed to be undertaken in a more methodical way. No one seriously asked if now was a good time to divest.”
The article gives an in-depth look at the complications and challenges surrounding the legislation. For the story, visit http://www.institutionalinvestor.com. The full article is available to journalists upon request.
About InstitutionalInvestor.com
InstitutionalInvestor.com is one of the premier online destinations for financial professionals, providing daily news, analysis, rankings on the world of finance.
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