PhillyInc

Perhaps it was inevitable, but Vanguard Group and four other big money managers now have become the targets of a stepped-up divestment campaign aimed at ending the "genocide" in Darfur. A group called the Save Darfur Coalition (www.savedarfur.org), based in NYC, announced the second stage of its divestment campaign today. The other investment firms are Franklin-Templeton, J.P. Morgan Chase, Capital Group-American Funds and Fidelity Investments. The group says the aim is get the firms to withdraw their funds from companies doing business with Sudan "to exert financial pressure on the government of Sudan to change its policies and bring peace to the people of Darfur." We're putting in a call to Vanguard. A bunch of Inquirer and Daily News stories are here on Darfur and local divestment drives. More to come.

- Thomas Ginsberg