National Pensions Reserve fund unethical investments

national | anti-war / imperialism | news report Wednesday July 23, 2003 19:55 by Stunned

From RTE business an interesting list of the National Pensions Reserves fund unethical investments which include Raytheon, manufacturer of the Tomahawk Cruise Missile.

Even with these investments the fund still lost almost €750m (16% of its value) of taxpayers money last year.


Lockheed Martin €3.8m invested as of December 31 2002
Northrop Grumman 1.6m
Raytheon 742,000
BEA Systems 263,000
Bombardier 211,000
Cigarettes
Philip Morris 10.5m
British American Tobacco 3.6m
Imperial Tobacco 2.8m
Oil
Royal Dutch 103m
BP 15.1m
Shell 13.1m
Exxon Mobil 47.2m
Halliburton 1.1m
Miscellaneous
Monsanto 2.5m
Nike 5.3m
Walmart 33m
Starbucks 4.6m
MacDonalds 2.3m
Coca Cola 15.3m
Fox Entertainment 250,000
BSkyB 8.2m
Microsoft 47m
Companies that have had financial difficulties
Tyco 4.9m
QWest Communications 706,000
AOL Time Warner 14.5m