NRA's Banker, Wells Fargo, Climbs to Top of Gunmaker-Debt Market

[Gunreference1]

https://www.newsmax.com/finance/comp.../07/id/847257/

Steve

[Full Otto]

It's mention of Sandy Hook Elementary School reminded me of the teachers retirement funds in California back then so I did some looking
Sure enough

https://www.cnbc.com/2017/10/06/cali...-holdings.html
The California State Teachers' Retirement System (or CalSTRS) once held an indirect investment in Remington, the large firearms maker, through private equity holdings but disposed of it in 2015.
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However, Chiang said in the letter he wanted the CalSTRS board "to go further" and "refrain from allocating even a penny of our $213 billion in investable assets to the benefit of wholesale or retail sellers of these banned weapons.
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Chiang, who is a Democratic candidate for governor of California, also said CalSTRS should rid itself of "any investments — direct or indirect — in any company which manufactures or sells bump stocks, slide-fire devices, and other accessories that can accelerate a semi-automatic rifle's rate of fire."

Also

https://www.bloomberg.com/news/artic...mp-white-house
Teachers across Florida and at a high school where 17 people were shot dead on Feb. 14 pay into a retirement fund that invests in gun companies, it was revealed earlier this week.

It turns out they’re not alone.

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Other states with teacher fund investments in the firearms industry include Alaska, Arizona, California, Colorado, Kentucky, Michigan, New Jersey, New York, Oregon, Pennsylvania, and Wisconsin.
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The California State Teachers’ Retirement System, one of the largest pension funds in the country, has divested from firearm makers that are illegal in the state. It has also liquidated an investment in Vista Outdoor Inc. “related to guns that are illegal for sale in California,” according to spokeswoman Michelle Mussuto. CalSTRS maintains an investment in Olin Corp., which makes ammunition, she added.
Jennifer Sciortino, a spokeswoman for New Jersey treasurer’s office, said her state’s investments are “a complex matter” since some of the companies in which the pension fund invests also provide weapons to the military and police. “There is no discussion underway right now to alter these investments,” she said.
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“These passive portfolios track a broad market index,” a spokesperson for the New York State Teachers’ Retirement System said in response to a query about its gun company stock. “No decision has been made on divestment.”
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The Teachers Retirement System of Kentucky confirmed its holdings in gunmaker Sturm Ruger & Co. “There has been no discussion in recent days” about divesting, said Beau Barnes, the fund’s deputy executive secretary and general counsel.

And so it goes