Investors Against Genocide, The Call For Fund Companies to Have a Heart

| 09 July 2009

Taking socially responsible investing to a new level – and doing it in a more organized fashion – groups are starting to petition and picket specific fund companies based on their investments. Investors Against Genocide (IAG) asked Vanguard last week to pull out of countries suspected of committing genocide. Shareholders rejected the deal and this one may come back to bite them.

David Weidner picked up on this phenomenon in the Wall Street Journal today. Apparently Warren Buffet learned to move on, now it’s up to companies like Fidelity and Vanguard to do the same.

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