Late last year, Harrington Investments President John Harrington filed shareholder resolutions at banks that received billions of taxpayer dollars under the Trouble Asset Relief Program. Congress bailed out the banks because they are essential to the stability of our economy, so the resolutions ask for board committees to oversee US Economic Security. Ironically, Citigroup and Bank of America have petitioned the SEC for permission to ignore the resolutions.Read the show transcript
Cecilie Surasky of Jewish Voice for Peace and Michael Passoff of the As You Sow Foundation discuss the shareowner resolution they filed with Caterpillar over the Israeli Defense Forces’ use of their bulldozers to commit human rights abuses in the occupied territories. Bill Somplatsky-Jarman of the Presbyterian Church USA discusses how its Mission Responsibility Through Investment committee is engaging Caterpillar, Citigroup, Motorolla, United Technologies, and ITT to promote peaceful solutions to the conflict between Israel and Palestine.