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Victory! Caterpillar Removed from TIAA-CREF

Thursday, June 21, 2012

For Immediate Release 

Caterpillar Removed from TIAA-CREF's Social Choice Funds
Victory for Pro-divestment Advocates

June 21, 2012- Pension fund giant TIAA-CREF has removed Caterpillar, Inc. from its Social Choice Funds portfolio. As of May 1, 2012, financial data posted on TIAA-CREF's website valued Social Choice Funds shares in Caterpillar at $72,943,861. Today it is zero.

"We applaud this decision," said Rabbi Alissa Wise, Director of Campaigns at Jewish Voice for Peace and National Coordinator of the We Divest Campaign (www.wedivest.org). "It's long past time that TIAA-CREF began living up to its motto of 'Financial Services for the Greater Good' when it comes to the people of Israel and Palestine."

Click to continue reading: http://wedivest.org/2012/06/catremovedpressrelease/

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