Genocide, Investing Cross Paths in Proxy

The board goes on to make the case that total divestment from offending countries is inferior to the exerted influence of engagement as the best way to bring about change. And, further, economic suppression of innocent victims can be the counterproductive side effect of punishing despotic governments. Therefore, American Funds prefers company-by-company judgments instead of blacklisting companies for doing business in particular countries.

I am leaning toward a vote against this proposal but will wait to make my decision until I review comments from TheStreet.com readers. For added spice to the discussion, I ask: "Is the only immoral investment one that loses money?"

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