The huge fund that's meant to preserve Norway's oil wealth for future generations is pulling out of shares that don't meet the government's ethical standards. Among them is the Wal-Mart discount store chain.
Let's look at that again-- The government's ethical standards are not met by Wal*Mart. It's a sad day when a government is more ethical than a department store.
1 comment:
Well, government-owned fund. This is a case of state-owned capitalism, with ethical rules set by the parliament.
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