Financial weapons can be effective
March 22, 2007
By Laura Goldman
Former Prime Minister Netanyahu has recently been barnstorming the United States to call on the fiduciaries of America’s largest pension plans. Netanyahu is asking the state and city treasurers to stop investing in companies that do business with Iran.
Netanyahu is concentrating on companies that have ties to Iran, but the US State Department has also designated Sudan and Syria of concern.
Companies such as Bank BNP Paribas, oil producers Total, Repsol, Statoil, and Royal Dutch, car manufacturer Hyundai, Coca Cola, Siemens and Sinopec are on the terror watch list. These companies generate billions of dollars in revenues for these rogue nations. By holding them accountable, we are able to defund terrorism.
Senior Analyst and Director of State Outreach
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