General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPortland doesn't want to invest in Wal-mart
City decides they don't like Wal-mart practices and divests itself of all Wal-mart holdings. Good for them.
" the investment pullback came after Portland leaders determined the mega-retailer is "not a socially responsible company." Portland had about $36 million invested in Walmart, or about 2.9 percent of the city's investment portfolio. The city announced Thursday that it would be free of all remaining holdings by 2016."
Now that is the way to do it - Hobby Lobby next?
http://www.huffingtonpost.com/2014/05/16/portland-divests-walmart_n_5339032.html
Faux pas
(14,643 posts)The Portland mayor said they would judge what companies they invest in by the company's "social reponsibility". I'm loving it!
Bluenorthwest
(45,319 posts)Los Angeles was one of the fist. I lived there then and I was very proud of the city.
former9thward
(31,923 posts)It is not publicly traded like Walmart.
SoCalDem
(103,856 posts)betterdemsonly
(1,967 posts)n/t