Comments on: Vanguard’s shame http://www.marcgunther.com/2009/07/03/vanguards-shame/ This blog is about the impact of business on society. Thu, 09 Feb 2012 04:08:41 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Betsy - GreenMicrofinance http://www.marcgunther.com/2009/07/03/vanguards-shame/comment-page-1/#comment-253513 Betsy - GreenMicrofinance Sun, 05 Jul 2009 00:02:29 +0000 http://www.marcgunther.com/?p=1113#comment-253513 I took great pleasure in voting against Fidelity, where our funds are. Will be interested to see if Fidelity does any better than Vanguard. It's so counterintuitive to 1) vote against the company and 2) vote for being accountable for genocide. I mean, who would knowingly but unaccountable? yet that is the stance Fidelity took, and I'm sure unless they read the ballot carefully, most people didn't understand it. Take a look at a project my son Zach is working on: www.shareowners.org I took great pleasure in voting against Fidelity, where our funds are. Will be interested to see if Fidelity does any better than Vanguard. It’s so counterintuitive to 1) vote against the company and 2) vote for being accountable for genocide. I mean, who would knowingly but unaccountable? yet that is the stance Fidelity took, and I’m sure unless they read the ballot carefully, most people didn’t understand it.
Take a look at a project my son Zach is working on: http://www.shareowners.org

]]> By: KC http://www.marcgunther.com/2009/07/03/vanguards-shame/comment-page-1/#comment-253496 KC Sat, 04 Jul 2009 16:50:05 +0000 http://www.marcgunther.com/?p=1113#comment-253496 Hey I voted for the proposals. Was a non-vote equal to no though? It's hard to get shareholders to vote in these things. Hey I voted for the proposals. Was a non-vote equal to no though? It’s hard to get shareholders to vote in these things.

]]> By: Susan Morgan http://www.marcgunther.com/2009/07/03/vanguards-shame/comment-page-1/#comment-253483 Susan Morgan Sat, 04 Jul 2009 11:59:10 +0000 http://www.marcgunther.com/?p=1113#comment-253483 Marc, Thank you for this excellent post! As Tom points out, "voting with your feet" is a great way to send a message to Vanguard - but be sure to let them know why you're leaving as you head out the door. Unfortunalty there are not any "clean" alternatives out there other than SRI funds and TIAA-CREF. Other good ways to advocate for genocide-free investing include submitting a shareholder proposal to any funds you own in any mutual fund company (visit www.investorsagainstgenocide.org) and writing a letter expressing your displeasure to Vanguard and/or a letter to the editor of your local paper. For ideas on ways to get involved in the cause of genocide-free investing, visit our website, www.investorsagainstgenoicde.org. The next vote is at Fidelity on July 15. Be sure to vote your shares if you have Fidelity funds. Susan Morgan Investors Against Genocide Marc,

Thank you for this excellent post! As Tom points out, “voting with your feet” is a great way to send a message to Vanguard – but be sure to let them know why you’re leaving as you head out the door. Unfortunalty there are not any “clean” alternatives out there other than SRI funds and TIAA-CREF.

Other good ways to advocate for genocide-free investing include submitting a shareholder proposal to any funds you own in any mutual fund company (visit http://www.investorsagainstgenocide.org) and writing a letter expressing your displeasure to Vanguard and/or a letter to the editor of your local paper. For ideas on ways to get involved in the cause of genocide-free investing, visit our website, http://www.investorsagainstgenoicde.org.

The next vote is at Fidelity on July 15. Be sure to vote your shares if you have Fidelity funds.

Susan Morgan
Investors Against Genocide

]]> By: Tom Konrad http://www.marcgunther.com/2009/07/03/vanguards-shame/comment-page-1/#comment-253472 Tom Konrad Sat, 04 Jul 2009 05:06:35 +0000 http://www.marcgunther.com/?p=1113#comment-253472 Marc, For the non-journalists in your audience, the best way to send a message to Vanguard is to vote with their feet: send your money elsewhere (or at least avoide the problematic funds.) Obviously, this is work, but doing the right thing is seldom the same as doing the easy thing. Marc,
For the non-journalists in your audience, the best way to send a message to Vanguard is to vote with their feet: send your money elsewhere (or at least avoide the problematic funds.)

Obviously, this is work, but doing the right thing is seldom the same as doing the easy thing.

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