Date: Sun, 28 May 1995 10:15:39 -0400
From: CUNYGS::MJS"Mike Stirratt"4-MAY-1995.21:16:39.25@casti.com
Subj: 	THE WALL STREET PROJECT (WSP)

The Wall Street Project
Contact: Nick Curto, Co-Chair
185 East 85th Street, Suite 25A
New York, NY 10028-2147
Voice/Fax (212) 289-1741


*THE WALL STREET PROJECT*

     The Wall Street Project has one goal -- to eliminate discrimination based 
on a person's sexual orientation in every workplace across this country.

     The lesbian, gay, and bisexual communities, and our many friends, must 
mobilize against discrimination.  We are all stakeholders in U.S. corporations 
through our pension funds, insurance policies, personal stockholdings and 
contributions to foundations, charities, colleges and universities.

     We must take a stand against any corporation in America that denies equal 
employment opportunity.

     One of the most powerful tools available is to enlist the economic might 
of socially responsible investors.  This strategy has been employed in the 
fight to end apartheid in South Africa, has forced changes in employment 
practices in Northern Ireland, and prompted corporations to protect the 
environment.

     Many investors are forcing change by investing according to their social 
principles.  They have demonstrated an ability to take a stand and *demand* 
change.

CORPORATE CENSUS:

     The Wall Street Project's comprehensive Census of the Fortune 500 Service 
and Industrial Corporations has led to a database on equal employment policies 
regarding sexual orientation in corporate America.  "We found that 134 of 
America's largest companies have written policies barring discrimination based 
on sexual orientation," commented Nick Curto, co-chair of The Wall Street 
Project.  "While these numbers are encouraging, the fact remains that millions 
of gay, lesbian, and bisexual Americans are not afforded their basic human 
rights."

EQUALITY PRINCIPLES:

     The Wall Street Project produced a major new initiative for gay, lesbian, 
and bisexual equality in the workplace through *The Equality Principles on 
Sexual Orientation*.  Aimed at setting goals for the workplace, The Equity 
Principles prohibit discrimination based on sexual orientation, discrimination 
against HIV positive employees or those with AIDS, and stereotyping in 
advertising.  Diversity training is encouraged, as well as equality in spousal 
benefits and equal standing for employee groups, regardless of sexual 
orientation.

     Beginning with the Fortune 500 Industrial and Service Corporations, 
companies will be asked to support and implement the Equality Principles.  
Additionally, institutional investors, including pension funds, religious 
institutions, foundations, colleges and universities -- which control $4 
trillion in investments -- will be urged to ask companies in their portfolios 
to adopt and implement the initiative.

SHAREHOLDER ACTIVISM:

     The Wall Street Project has served in a leading role in shareholder 
activism.  In 1993 the Project took on Cracker Barrel Old Country Stores, a 
company with a deplorable record of firing employees perceived to be gay or 
lesbian.  The Project supported a proxy solicitation for a shareholder 
resolution, sponsored by the New York City Employees Retirement System 
(NYCERS), which called on Cracker Barrel to amend its corporate policies to 
bar discrimination based on sexual orientation.

HISTORY IN THE MAKING:

     The Wall Street Project is taking crucial and historic steps towards 
gaining equality for all people.  Join us now -- contribute time and money, to 
make a difference for yourself, the community, and for the generations to 
follow.

The Wall Street Project
Contact: Nick Curto, Co-Chair
185 East 85th Street, Suite 25A
New York, NY 10028-2147
Voice/Fax (212) 289-1741

     Sorry, we do not yet have e-mail capability.  Please mention
that you heard about The Wall Street Project on the internet!