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Pension funds rethink holdings with gun makers

Comptroller reviewing NY investments

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From California to New York, teacher and public-worker retirement funds are reconsidering their investments in gun makers and confronting an uncomfortable fact: Their pensions have supported the manufacture of deadly weapons, in some cases the same type of gun used in the Connecticut school shooting. For years, the gun industry has been a reliable investment, attracting tens of millions of dollars from some of the nation’s largest retirement funds. The firearms business has been strong, ...


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