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Yale Univ. Dumps Stocks Linked to Sudan

Thursday, February 16, 2006 8:19:35 AM

NEW HAVEN, Conn. (AP) - Yale University is selling off its oil stocks linked to the African nation of Sudan because the country has been accused of genocide.

"The time-honored principles that Yale observes as an ethical institutional investor have guided us to take this strong action," Yale President Richard Levin said Wednesday in announcing the move.

He said he did not know the value of the stock, calling it "a small piece of a large fund."


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