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:
Really? Any Smith & Wesson has appreciated. And now CalPers wants to raise rates for health insurance. Dumb and anti American
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.
They are. How awful. You can't hardly afford to retire anymore.
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