California Governor Pulls Investments from Other Country
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Schwarzenegger Joins Clooney in Sudan Protest; Pulls CA Investments
Gov. Schwarzenegger signed legislation Monday to end investment in Sudan by California public employee pension funds and a university system.
Flanked by activists and actors George Clooney and Don Cheadle, Schwarzenegger signed legislation to end investment in Sudan by California public employee pension funds and a university system.
Speakers at the Burbank signing ceremony recalled the Holocaust and the vowed "never again."
The legislation prohibits the California Public Employees Retirement System and the State Teachers Retirement System from investing in companies with active business in Sudan, and indemnifies the University of California system from liability that might result from divestment from Sudan.
Schwarzenegger recalled his youth in Europe after World War II and said he remembers what he called "the dark and heavy shadow cast by the Holocaust."
The governor said "we cannot turn a blind eye to any genocide."
Clooney and Cheadle, the latter nominated for a best-actor Oscar for his role in the genocide story "Hotel Rwanda," have been outspoken on Darfur. Clooney just last week spoke to the U.N. Security Council.
This afternoon Clooney said, "There are no Democrat or Republican sides to this, there is only right and wrong."
(This story was provided by News10 KXTV Sacramento.)