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Pensions Dump Gun Stocks, But Will It Make a Difference?
The Fiscal Times Jan. 23, 2013 "Between March of 1996 and October of 2000, more than 16 major public pension funds sold or put restrictions on their tobacco investments.... Yet, the tobacco industry has since rebounded, bringing in $45 billion last year.... Public pension divestment is likely to have even less of an impact on the $11.7 billion gun industry, where public pension funds hold far less stock because only three gun companies trade publicly." |
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