Monday, April 30, 2007

Gulag-google to counteract net censorship?

The custodian of five major public pension funds in New York City will formally request next month that Google take steps to counteract internet censorship in foreign countries with authoritarian government such as China, Egypt and Iran, according to Google's proxy statement for its annual meeting of stockholders on May 10.

The New York City Comptroller will submit the proposal. The comptroller acts as investment advisor for the five city public pension funds, which include the retirement plans for city employees, teachers, NYPD, NYFD and board of education employees. Together, the funds own 486,617 shares of Google's Class A stock.


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