[FONT="]This year, [/FONT]a group of nuns is leading a proposal[FONT="] on Sturm Ruger's shareholder proxy asking the company to do a report on what efforts it is making to research and produce safer guns and also to assess gun violence-related risks to its reputation and financial position. The company is recommending shareholders vote no on the matter.[/FONT]
I wonder if they will cut ties with companies that use high fructose corn syrup, alcohol, marijuana, bars, hammer makers....
Legally, they can’t.I cant think of any financial firm that knowingly does business with marijuana dealers.
I cant think of any financial firm that knowingly does business with marijuana dealers.
Considering firearms are profitable, I'm not sure how you justify such actions to shareholders? Ultimately people invest to maximize their returns.
Considering firearms are profitable, I'm not sure how you justify such actions to shareholders? Ultimately people invest to maximize their returns.
Same way every other company justifies discriminating against a segment of the market. "It's against our beliefs".
Same way every other company justifies discriminating against a segment of the market. "It's against our beliefs".
Time link for the story
Bank of America to Stop Lending to Military-Style Gunmakers | Time
Such a silly gesture... because what you make looks a certain way... Alright then.
I believe cobber is addressing the fiduciary duties of the Board of Directors.
Same way every other company justifies discriminating against a segment of the market. "It's against our beliefs".
I wonder if calpers is covered by the pension benefit guarantee program.