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Major unions are continuing to divest pensions from the Sudan in an effort to pressure the Sudanese government to halt the current campaign of slaughter, rape, starvation and displacement in Darfur.
Calpers, the nation's second-largest public pension fund, is the latest organization to begin unloading investments in the region. The board unanimously decided that none of the fund's $141 billion in assets will be distributed to stock holdings in foreign firms that profit from the oil rich Sudan. Their strategy for divestment will be modeled after that proposed by the University of California, which on March 16 unanimously approved a plan to get rid of both their direct and indirect holdings.