Hofstra Law Professor Norman Silber was quoted in the article “Pitt and CMU Fossil Fuels Offshore Investments Transparency Divestment,” for PublicSource.
Excerpt
These investments are less transparent, meaning that students, faculty and the rest of the public are less able to track where the universities are putting their money — particularly as students urge them to sever their financial ties to fossil fuels. Both universities recently stopped identifying investments in federal filings, leaving the public more in the dark.
“Broader constituencies — faculties, student bodies, prospective students — all of them, it seems to me, have a legitimate interest in knowing just how socially responsible the investing that takes place is,” said Norman Silber, a law professor at Hofstra University who has written about the offshore tactics of nonprofits.
Read the full article on the PublicSource website.
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