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DESCRIPTION:\n\nPlease join members of Sacramento for Democracy, the Sacramento 
 Coalition to End the War and True Majority, tomorrow\nThursday, June 19th - 
 9:30 AM \nThe Robert Carlson Auditorium (400 Q Street)\nDowntown 
 Sacramento\n\nAs we deliver 20,000 signatures to ask CalPERS to divest in 
 war profiteer, KBR (former Halliburton subsidiary).  Yesterday, the New 
 York Times reported that a U.S. Army official who managed the Pentagon’s 
 largest contract in Iraq said he was ousted from his job when he refused to 
 approve paying more than $1 billion in questionable charges to KBR.  Read 
 the full story here.\n\nMore details on why CalPERS should divest are 
 below.\n\nCan you spend 30 minutes tomorrow morning to send the message 
 that CalPERS should not invest in war profiteers?\n\nIn solidarity!\n\nFOR 
 IMMEDIATE RELEASE - June 18, 2008\nContact: David Elliot - 
 202-263-4567\n\n20,000 petitioners ask CalPERS Thursday to get tough\non 
 KBR, Iraq War’s biggest war profiteer, now\nlinked to massive fraud, rape 
 and massacre\n\nSACRAMENTO, CA – The California Public Employees 
 Retirement System (CalPERS) will be asked by more than 20,000 petitioners 
 to hold KBR – the largest contractor in Iraq – accountable for a 
 growing list of misdeeds as a war profiteer when CalPERS meets Thursday at 
 its Full Board meeting.\n\nA PRESS CONFERENCE is set for THURSDAY at 9:30 
 a.m. at the Robert Carlson Auditorium (400 Q Street) at the start of the 
 CalPERS meeting. Petitions will be presented by anti-war activists from 
 Sacramento for Democracy and Sacramento Coalition to End the War.\n\nThe 
 action comes just two days after the New York Times reported that a U.S. 
 Army official who managed the Pentagon’s largest contract in Iraq said he 
 was ousted from his job when he refused to approve paying more than $1 
 billion in questionable charges to KBR.\n\nKBR, the former Halliburton 
 subsidiary, has faced scrutiny recently because of allegations its 
 employees took part in a massacre of Iraqi civilians, engaged in no bid 
 contracts, hid money in offshore tax havens and took part in unethical war 
 profiteering. Other large KBR shareholders include Colorado Public 
 Employees, New York State Teachers Retirement System, Ohio Public Employees 
 Retirement System and Texas Teacher Retirement System.\n\nThe petitions 
 were gathered by TrueMajority.org, a project of USAction. “Investing 
 public pension funds in a company accused of massive fraud and war 
 profiteering isn’t good economics and it’s not good for America,” 
 said Matt Holland, TrueMajority.org online director.\n\n“As the largest 
 contractor in Iraq, KBR has failed to pay hundreds of millions in taxes 
 through offshore tax havens, and past employees have testified of massive 
 fraud which is costing the American people billions of dollars. Public 
 pension funds should not be used to shore up unethical, irresponsible and 
 immoral behavior,” he added.\n\n“How does CalPERS know it is shielded 
 from liability if a new administration actually holds KBR accountable for 
 waste and fraud?” Asked Karen Bernal, USAction/TrueMajority.org 
 member/Sacramento for Democracy spokesperson, adding “If KBR is held 
 accountable and subject to fines or other penalties, will retired state 
 employees end up with the tab?” \n-30-\n 
 https://www.indybay.org/newsitems/2008/06/18/18508417.php
SUMMARY:CalPERS: Don't Invest in War Profiteers - Press Conference
LOCATION:The Robert Carlson Auditorium (400 Q Street)\nDowntown Sacramento
URL:https://www.indybay.org/newsitems/2008/06/18/18508417.php
DTSTART:20080619T163000Z
DTEND:20080619T170000Z
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