Tuesday, January 09, 2007

Speaking of the Bill and Melinda Gates Foundation...

I found an interesting article in the Los Angeles Times entitled Dark cloud over good works of Gates Foundation, which investigates the foundation's investment practices, in particular the millions of dollars it makes each year by investing in companies blamed for many of the same social and health problems the foundation seeks to address. As the investigation reveals the Gates Foundation's humanitarian concerns so far do not appear to be reflected in how it invests its money, much of which is tied up in companies whose practices run counter to the foundation's charitable goals and social mission.

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