Pensions and guns: America's 'aha' moment, perhaps
Yes, it turns out, California's teacher pension fund had hundreds of millions invested indirectly in gun companies. Those investments have changed overnight.
By Andy Stonehouse|December 18, 2012 at 10:19 AM
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In the midst of a post-tragedy news cycle, it’s fascinating to see how long it takes before the most heart-wrenching of headlines trickle down to a world that seems far removed from all the chaos and soul-searching in Connecticut: the retirement industry.
But it turns out that we’re all in this together, in some strange kind of way, and that the various degrees of separation between a mass atrocity at a schoolhouse and the kinds of investments made by some of the most significant pension organizations in the country – well, they’re not all that distant.
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