Apr 12, 2005 / 22:00 pm
A pro-life group is outraged by General Electric's decision to pursue research on embryonic stem cells.
Debi Vinnedge, executive director of Children of God for Life, said her organization had been longtime shareholders in GE but they are now obliged to sell their stocks.
"Despite the declining value of the current market price of their stock, we are left with no choice but to sell it and re-invest in companies that are not involved in unethical research,” she said in a statement.
The news about GE’s involvement in embryonic stem-cell research broke in an article in the April 12 issue of the Wall Street Journal (“Big companies quietly pursue research on embryonic stem cells).
Vinnedge urges shareholders and non-shareholders alike to call the companies listed in the Wall Street Journal article, lodge a complaint and threaten a boycott.