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Some Question New Jersey's Pension Investments in Companies Doing Business in 'Rogue Nations
NJ.comLink to more items from this source
Feb. 6, 2004
Excerpt: The state pension system has $1 billion invested in General Electric Co., and some critics are charging it's a bad bet ... They question whether states should be investing in companies that do business with so-called 'rogue nations' ... Jim Marketti, president of CWA Local 1032, said such issues divert the pension fund from its primary purpose. 'The goal of the pension system is to provide financial security for retirees, not to advance a social policy,' Marketti said.

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