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Illinois to divest funds from Iranian-tied companies

WASHINGTON (JTA) -- Illinois will divest $133 million of state pension funds from foreign companies doing business with Iran's energy sector.

Illinois state Sen. Jeff Schoenberg (D) and Rep. Lou Lang (D) announced the divestment Thursday, reported the JUF News in Chicago. Illinois was the second state in the United States to pass an Iranian divestment bill, and the first to require foreign companies seeking business with the state to indicate if they are doing business with Iran's energy sector.

"The law declares simply the state’s readiness not just to speak out against Iran’s recklessness but to act to curb it as well,” Shoenberg said at a news conference. “As long as the Iranian leadership continues to pursue nuclear weapons in defiance of international law, we are absolutely compelled to withhold our public investments from this rogue country.”

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09/25/09 01:11 PM

anyone read the book by Rigg that tells about jewish and part jewish soldiers who were in the germanazi army ion wwii?
A ‘jew’ invented the concept of blitzkreig, there was only 1 jew in the ss etc.
But I am sure jta would rather write about shalit and ukraine than this subject

09/25/09 06:29 PM

What made Rigg think that they were Jews?

And what is a part Jew ? Someone who worshipsG!D on Shabbat, and Mammon after Havdallah?

It’s nice to see Obama’s pals disinvesting in the friends of Iran.  To bad for Halliburton.

09/26/09 03:09 PM

Divesting in Illinois means steeling the money for a criminal political bum. Thy probably put the money into Obongo’s campaign back pocket!

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