[I]nvestment firm [MSCI]…removed Caterpillar…from three of its popular indexes that track socially responsible investments, citing concerns about the Israeli military's use of company bulldozers in the Palestinian territories. The decision…was welcomed…by pro-Palestinian groups that have called for boycotts of companies that profit from Israel's occupation of the West Bank. It has already had at least one concrete effect, leading mutual fund giant TIAA-CREF to divest itself of $72 million in Caterpillar stock…Caterpillar spokesman Jim Dugan said the company does not equip tractors with armor or sell directly to the Israeli military. Instead, he explained that bulldozers such as the D9 tractor are first traded to the U.S. government and then resold to Israel and outfitted for military use."We hope and wish for a peaceful resolution to the unrest in the Middle East, but that solution is a political matter to be worked out by the appropriate parties…Caterpillar does not and should not have a role in that political process." [also refers to Shikun & Binui]