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Reed College Rejects Student Demands to Cut Ties With Wells Fargo

Reed College Rejects Student Demands to Cut Ties With Wells Fargo

“protesters ended their squat and said they intend to use the holiday break to “re-strategize”

https://youtu.be/mg3i6-J6zI8

Yet another case where student protesters think they’re smarter than everyone else at the college they’re paying to attend.

The College Fix reports:

Reed College rejects protest group’s demand as lengthy sit-in ends

Student protesters at Reed College spent weeks occupying its administrative building, demanding the school cut its tie with Wells Fargo. Their activism wasn’t enough.

The college’s Investment Committee announced Tuesday it would reject the request from Reedies Against Racism to divest from the financial services giant.

With its occupation all for naught, the protesters ended their squat and said they intend to use the holiday break to “re-strategize.” The group waited until two days after it had vacated the campus building to announce the end of its sit-in.

Reedies Against Racism had been occupying Eliot Hall since late October, requesting the Portland private college divest from Wells Fargo because of the company’s ties to private prisons, “police militarization” and the controversial Dakota Access Pipeline.

The Investment Committee suggested in its statement that divesting for such reasons would jeopardize academic freedom:

We appreciate the students’ zeal and heartfelt commitment to the public good. Regardless of any private beliefs held by the members of the Investment Committee, Reed College operates according to a long-standing principle (stated in its Investment Responsibility Policy) of eschewing any political or social justice positions that do not directly affect the fulfillment of its educational mission.

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Comments

These incessant and silly demands should be ignored. Demonstrations and disruptive behavior punished. Any instructor encouraging such behavior on or off campus released from their contract so they can practice what they preach on their own.

The Friendly Grizzly | December 23, 2017 at 3:24 pm

You’d think the leftists would LOVE Wells Fargo. They are among the major banks that look the other way when it comes to setting up accounts and money transfers for illegal aliens.

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