Saturday, March 7, 2009

A Jesuit school says no to Massey stock

http://blogs.wvgazette.com/coaltattoo/2009/03/05/a-jesuit-school-says-no-to-massey-stock/

The Society of Jesus — the Jesuits –is the largest male religious order in the Catholic Church, and at colleges and universities around the world,  they teach students with a focus on service, specifically to the poor, sick and others in need. Here in West Virginia, the folks at Wheeling Jesuit University have focused on things like improving mine safety and helping coalfield residents get a fair shake when dealing with the coal industry and the government agencies that regulate it.

Last week, there was an interesting coal-related development out of Santa Clara University, a Jesuit school located in California's Silicon Valley. Apparently, some students there heard about and saw the effects of mountaintop removal. They didn't like it, and successfully urged the university to divest itself of some Massey Energy Co. stock.