Wednesday, February 20, 2013

CalPers divests itself of gun stocks

   The Board of the California public employees retirement system voted yesterday to sell all $5 millions worth of Smith and Wesson stock it had invested in.

   They stated the reason is that they manufacture weapons that are banned in the state of California.

3 comments:

  1. Ret Co Social wkrFebruary 20, 2013 at 6:50 PM

    Really? Any Smith & Wesson has appreciated. And now CalPers wants to raise rates for health insurance. Dumb and anti American

    ReplyDelete
  2. Ret Co Social wkrFebruary 20, 2013 at 6:54 PM

    Most Smith & Wesson products have increased in value a good investment in quality especially the ones made in USA. CalPers has proposed raising health care insurance on current and retired members 85%. A dumb move.

    ReplyDelete
  3. AnonymousFebruary 21, 2013 at 9:36 AM

    They are. How awful. You can't hardly afford to retire anymore.

    ReplyDelete

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