Thursday, May 17, 2007

divestiture

Ah, the sweet absurdity of divestitures. Apparently, some of our presidential candidates have investments in companies that do business in Sudan. And my employer is one of those companies! How utterly shocking. (In fact, the moment I saw the article's headline, I knew it would be named.) The thing is, a lot of people own a bit of Schlumberger. It's one of the most widely held companies in the world with over a thousand institutions holding shares. You may not own individual shares, but that's a lot of different mutual funds and other institutions that you may have a piece of.

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