Two short items from a Friday meeting with Andrew Golden, president of Princeton University Investment Co. (PRINCO), and Cass Cliatt, Princeton’s spokeswoman, about University investments in Zimbabwe and British arms supplier BAE Systems revealed by WPRB last week. The broad takeaway: while Princeton claims it no longer owns BAE bonds and that it has two [...]
I’m currently traveling, but I’ll be posting a short story very soon based on WPRB‘s meeting last Friday with Andrew Golden, president of Princeton University Investment Co. (PRINCO), and Cass Cliatt, Princeton’s spokeswoman. In the meantime, I wanted to point readers to an article that ran last Friday in Princeton’s campus newspaper, The Daily Princetonian, [...]
By Sebastian Jones WPRB News Princeton University says it “no longer owns” bonds of BAE Systems, a controversial British arms supplier, that WPRB reported yesterday were purchased in 2001. This disclosure appears to represent a departure from the University’s stated policy of not discussing investment holdings. In an e-mail sent to WPRB Wednesday evening, University [...]
In 2001 Princeton University purchased bonds in British arms supplier BAE Systems, essentially giving a $1.5 million dollar loan to company whose dealings with regimes like Robert Mugabe’s Zimbabwe have come under repeated scrutiny from investigators, journalists and activists, WPRB has learned.