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Tuesday, 20 May 2008

Cindy McCain Sells Sudan-Related Investments

Posted on 10:32 by Unknown
Even indirect investments in Sudan are now politically incorrect. 

Cindy McCain has just sold about $2 million worth of two funds (American Funds Europacific Growth fund and American Funds Capital World Growth and Income fund) that are listed by the Sudan Divestment Task Force.

Both funds have positions in Oil & Natural Gas Corp., an India-based company that does business in Sudan. The American Funds Capital World Growth & Income Fund also holds Petrochina, a Chinese oil company that is investmented in Sudan.

Last year, four presidential candidates (Barack Obama, John Edwards, Sam Brownback, and Rudy Giuliani) divested themselves from Sudan-related investments.
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