"The biggest U.S. investor in Class H shares of PetroChina, a Chinese oil concern whose parent company is active in Sudan, is Warren Buffett’s Berkshire Hathaway. I have huge respect for Mr. Buffett, and he may be thinking: My obligation is to make money for shareholders, not to use their investments in a dubious attempt to save [Darfur[ the world. But surely if Berkshire Hathaway and Fidelity mutual funds saw lucrative opportunities in selling bayonets to the janjaweed in Darfur, they would balk at that. We do have limits; the question is where we draw them."
See complete article: Death by Dollars (by Nicholas Kristof)
Monday, February 12, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment