Home > Monsanto Stock In Death Spiral? Two companies Dump Five Million Shares!
Monsanto Stock In Death Spiral? Two companies Dump Five Million Shares!
by Timbre Wolf - Open-Publishing - Saturday 21 April 20123 comments
TIAA-CREF and Fidelity Management and Research dumped 5 MILLION Shares of Monsanto.
What do they know that we don’t?
Financial reports, for the uninitiated, can take awhile to see the light of day, so-to-speak. I’ve just learned that in February (2010) TIAA-CREF and Fidelity Management and Research collectively dumped nearly 5,000,000 shares of Monsanto stock.
Monsanto, by virtue of a recent study on the ethics of 581 companies (over seven years), was ranked the worst, most unethical, morally bankrupt, unprofessional, anti-social company in the world. The data encompass 45 criteria that include labor standards, waste management and human rights records.
Many other funds also sold out of Monsanto in 2011. They are:
T. Rowe Price Associates
Vanguard
Royal Bank of Canada
Wells Fargo
ClearBridge Advisors
Ameriprise Financial
BAILLIE GIFFORD & CO
Robert R. DeGennaro
Johnson Investment Counsel
Inves
UBS AG
Thornburg Investment Management
Soros Fund Management
Barclays
Columbus Circle Investors
Several others beat the rush and sold between 2005 and 2010. They are:
FMR
Level Management
Maverick Capital
Tudor Investment Corporation
Monsanto has systematically sued small farmers, close to 900 of them at last count, and driven many of them into bankruptcy. Why? Monsanto’s "eye of a newt, wing of a bat" twisted genetic soup is placed in crops like corn. Bees don’t heed fences worth a damn and carry the genetically bastardized Monsanto-patented-pollen to adjoining fields. When THOSE farmers practice the millennia old art of saving seed for next year’s crop, well, Monsanto calls these honest American farmers "thieves" and demands their presence in court. Many barely eek out a hardscrabble livelihood as it is. Throw some massive legal fees into the mix and you have small, sustainable farms nearing the point of extinction.
Note: I am not an economist and barely literate in matters financial. I have only represented the facts as best I understand them.
For questioning and accountability I found this email address for Monsanto:
investor.relations ox5 monsanto.com
Forum posts
22 April 2012, 03:09
Correction:
investor.relations(at)monsanto(dot)com
22 April 2012, 18:37, by Faletua
Once again, dear Wolf, you have hit the preverbal nail on the head. Big companies, mostly Monsanto, have been trying to get rid of the "good ol’ farmer" who takes pride in what he raises and tries to improve every year, for decades. Our farmers have been feeding the world for decades but have never received the credit, praise, or monies that they deserve, thanks to companies like these and "our" wonderful government. Yes there is that much talked about "subsidy" where THEY (the farmer) "get all that money for not planting certain crops." But many farmers don’t take that, to them its charity and they are too proud to accept charity. But the main problem is they just can’t fight against the big take over companies so they fall further and further behind and finally the Corporate Farms take over. Then we, the consumer, gets the cheap, over fertilized, over pestiside, low quality food that gives us cancer, and every other imaginal and unimaginal deseases that these products carry.
Keep at it Wolf, maybe if you get the word out enough people will wake up, NOT! They, most people, are just to wrapped up in their own problems to see the big picture.
25 April 2012, 17:35, by Amerikagulag
Dow Chemical has joined forces with Monsanto. They plan to increase the toxicity of plants now. More pesticides! More poisons! Good for Murikans!
http://www.huffingtonpost.com/richard-schiffman/dow-and-monsanto-team-up-_b_1256725.html
Death spiral? Hmmmm. Let us hope so, but something tells me the bio/agri monopoly won’t be taking its last breaths any time soon.