Action alert in support of AB (Assembly Bill) 2808, introduced by Assemblywoman Maxine Waters (D-Los Angeles), which would require divestment of state funds from banks and other financial institutions that make loans to the South African government. It also would prohibit investment of state funds in stocks, bonds, securities and other investments in companies doing business with South Africa. The action alert says AB 2808 is pending in the Assembly Finance, Insurance and Commerce (FI&C) Committee, chaired by Assemblyman Alister McAlister (D-San Jose); on April 13, AB 2808 was heard before the FI&C Committee, and a final vote was postponed until May 25. The action alert discusses the...
Action alert in support of AB (Assembly Bill) 2808, introduced by Assemblywoman Maxine Waters (D-Los Angeles), which would require divestment of state funds from banks and other financial institutions that make loans to the South African government. It also would prohibit investment of state funds in stocks, bonds, securities and other investments in companies doing business with South Africa. The action alert says AB 2808 is pending in the Assembly Finance, Insurance and Commerce (FI&C) Committee, chaired by Assemblyman Alister McAlister (D-San Jose); on April 13, AB 2808 was heard before the FI&C Committee, and a final vote was postponed until May 25. The action alert discusses the legal separation of the races, apartheid, the white minority, the Black majority, voting, education, parliament, security laws, Ross Johnson, Art Agnos, Tom Bane, Doug Bosco, Wadie Deddeh, Leroy Greene, Charles Imbrecht, William Ivers, Bill Lancaster, John Lewis, Patrick J. Nolan, Louis Papan, Richard Robinson, Larry Stirling, Art Torres, Curtis Tucker, Frank Vicencia, Bruce Young, the Public Employees' Retirement System (PERS), the State Teachers' Retirement System (STRS), and General Motors (GM). • What The Bill Does • Why Divestment? • Some Facts • What Can You Do? • Action Alert
