Published by Gant Daily. Linda Young – Fourth Estate Cooperative Writer Washington, D.C., United States (4E) – JP Morgan saw its shares fall in trading over a risky investment strategy that has so far cost the bank $2 billion, but its continued association with PetroChina could cause more trouble. Stockholders […]
Yearly Archives: 2012
JPMorgan faces backlash over ties to Sudan
Published by CNNMoney. By Hibah Yousuf @CNNMoneyInvest May 11, 2012: 8:12 AM ET JPMorgan’s board of directors, which CEO Jamie Dimon chairs, recommends that shareholders vote against a proposal that calls for avoiding investments in companies that contribute to genocide, including PetroChina. NEW YORK (CNNMoney) — For the second year […]
Support grows for Investors Against Genocide proposal at J.P. Morgan
Published by Responsible Investor. Ongoing campaign gets backing from major institutions by Katie Gilbert | May 8th, 2012 A shareholder proposal asking J.P. Morgan Chase to enact a policy limiting or barring investments linked to genocide is attracting mounting support among US institutional investors. Two of the country’s largest public […]
Genocide-free Investing: Why is it Controversial at JPMorgan Chase?
Published by Enough Project. Posted by Enough Team on Apr 24, 2012 Editor’s Note: JPMorgan Chase invests in PetroChina, a company with links to the Khartoum government, and thus connects its shareholders to state-sponsored atrocities across Sudan. In this guest blog post, William Rosenfeld of Investors Against Genocide explains how […]
JPMorgan Chase Faces Investing in Genocide Resolution
Published by Social Funds. by Robert Kropp For the second year, Investors Against Genocide submits shareowner proposal addressing JPMorgan Chase’s extensive holdings in PetroChina, a corporate contributor to genocide in Sudan. SocialFunds.com — The Republic of South Sudan declared its independence last year, but the action did not signal the […]
JPMorgan Issues Proxy Statement Opposing Genocide-Free Investing Proposal
Says it “considers human rights” yet invests in companies tied to genocide BOSTON, MA – APRIL 5, 2012 – Despite the fact that JPMorgan Chase owns over a billion dollars worth of PetroChina, a company widely recognized as contributing to the genocide in Sudan, the company stated in its proxy […]
Why Does Jamie Dimon Suffer for Just $23 Million?
Published by The Street. By Dan Freed 04/05/12 – 10:08 AM EDT NEW YORK (TheStreet) — JPMorgan Chase(JPM_) boss Jamie Dimon’s $23 million 2011 pay package may look like a lot to you and me, but don’t be surprised if he feels poor. Take a look at his 38-page shareholder […]
Anti-Genocide Activists Target JPMorgan Holders
Published by Ignites. By Joe Morris March 30, 2012 The advocacy group Investors Against Genocide is focusing on fund managers and other institutional investors in a proxy campaign at JPMorgan Chase. The group, which protests investment linked to ethnic fighting in Sudan, is funding advertisements and mailings to JPMorgan’s institutional investors […]