Thursday, June 11, 2009

Fidelity Investors: A Change to Vote AGAINST Genocide

Amazingly enough, Fidelity Investments is recommending that its shareholders vote AGAINST a shareholder sponsored resolution designed to "prevent holding investments in companies that, in the judgment of the Board, substanitaly contribute to genocide or crimes against humanity." If you have a Fidelity account, a proxy ballot will be arriving shortly, if it hasn't already.
Follow their simple instructions and go to
proxyvote.com . All you need to do is type in your unique 12-digit ID which is right there on your ballot, so no password or user name or anything that requires trying to remember anything! Then click on VOTE, and the ballot comes up. There are only 2 things to vote on. The first is whether you are in favor or opposed to the board nominees. What is important is #3, a lengthy list of all its various funds, followed by the wording above. They recommend you vote AGAINST, but what you want to do is vote FOR. I am such a good girl that I don't think I ever voted against a company's recommendations, but in this case, it feels great. You are voting for not being complicit with Chinese petroleum interests in the Sudan funding the Darfuri genocide!
Check out Investors against Genocide for more information. Similar resolutions can be voted in at Vanguard and American Funds.
Good work, IAG!!

Gorgeous image - here's its url -

1 comment:

Anonymous said...

Thanks for posting this, I just got my notice in the mail and I was shocked. I am definitely voting on this one.