Amalgamated Bank, a New York-bank with $48 billion in institutional investment assets that emphasizes socially responsible practices, sent a letter Thursday to Sturm, Ruger & Company’s board, demanding that it adopt six reforms or it would not support the re-election of one of the gun maker’s board members, Sandra Froman, who is also an NRA board member. [More]Interesting bedfellows. Excuse me while the shock and awe wears off.
I submitted my GUNS Magazine "Rights Watch" column earlier this morning (titled "Banking on Disarmament") and just asked the editor if he could add this news at the end.
[Via Florida Guy]
2 comments:
“Amalgamated Bank, a New York-bank with $48 billion in institutional investment assets that emphasizes socially responsible practices…”
So why do they own 7,500 shares of Ruger in the first place? Maybe their stockholders should protest them.
Didn't old Bill reputedly say that no one needed more than 10 rounds in a magazine? They'll cave.
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