Calstrs To Divest Itself Of Firearm Holdings

The New York Times (1/10, B3, Walsh, Cooper, Subscription Publication) reports that "one of America's largest pension funds began on Wednesday to divest itself of firearms holdings, a response to the schoolhouse shooting in Newtown, Conn., that other pension funds could follow." According to the article, "the California State Teachers Retirement System, known as Calstrs, voted unanimously to begin its formal divestment process." The Times notes that "the vote occurred at a public meeting where teachers said they did not want their retirement nest eggs placed with companies like the Freedom Group, the maker of the Bushmaster semiautomatic rifle that authorities say Adam Lanza used to kill 20 first graders and six adults at the Sandy Hook elementary school on Dec. 14."