Earth First! Action Update
Archive of the Earth First! Action Update – the newsletter of the UK EF! network 1991-2012
EFAU 72 - January 2001Back to list of articles in this issue

Victory For The Uwa

Fidelity Investments has dumped 18 million shares of Oxy stock, approximately 60% of their holdings worth over $412 million dollars. This divestment came on the heels of mass protest around the world -thousands of people mobilized to demonstrate at over 75 fidelity offices, non-violently occupy Fidelity investor centers, symbolically dump blood and oil and generate tons of bad publicity for Fidelity.

Supporters of Colombia's Uwa people, who have vowed to commit mass suicide if Occidental Petroleum continues oil drilling on their land, are now turning their attention to Oxy’s new largest shareholder, Sanford C.Bernstein.

Write, call or fax Sanford Bernstein's Vice Chairman Roger Hertog at their US Corporate Headquarters at: Mr. Roger Hertog, Vice Chairman, Sanford C. Bernstein & Co., LLC, 767 Fifth Avenue, New York. Sanford’s parent company Alliance Capital has offices around the world. Contact: Rainforest Action Network at organize@ran.org, info at www.ran.org