The nation's largest teacher pension fund took the first step Wednesday toward divesting from companies that make guns and high-capacity ammunition magazines that are illegal in California.Thank you, idiots. I guess more of my money will be invested in Solyndra and its look-alikes.
State Treasurer Bill Lockyer made a motion to begin the divestment process after pension fund officials determined that the fund invests in the owner of a company that manufactured one of the weapons used in the Connecticut school shooting. The California State Teachers' Retirement System's investment committee unanimously approved the motion.
Thursday, January 10, 2013
Now I Will Have Even Less Of A Retirement
It's not like the California State Teachers Retirement System, or CalSTRS, isn't in enough financial trouble already: