November 2, 2001
UVa Divests Stock in Oil Company
University of Virginia students campaigning for the institution to sell its stock in Unocal because of the oil company's ties to the military regime in Myanmar claimed victory after learning that the institution had sold its 50,000 shares. The students said they hoped the sale was the first step in a broader university policy on ethical investing.
Virginia officials, however, said the decision to sell was made for financial reasons, based on a stock manager's "assessment of Unocal's
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