//this is one of the stupidest thing I have heard. Lockyer thinks divesting is economic leverage? You're just selling your shares cheap STUPID!
CNBC.com Article: California to Gun-Investing Funds: Drop Your Firearms
"I want BlackRock, I want Credit Suisse, I want everyone else to know that we're going to use our economic leverage if it's up to me—and I hope I'll be persuading others," said California Treasurer Bill Lockyer. "I hope other pension funds, I hope other private investors will do the same thing," he says. "These are illegal weapons in a lot of our states."
Full Story:
http://www.cnbc.com/id/100328983
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