The shareholders have every right to divest themselves of that “dirty” gun money by selling their shares.
WOW!!!
Good for WM!
(I didn’t expect that ruling.... super wonderful!)
Alinskys Rules for Radicals tells exactly how to run a “proxy fight” like this. That is what is going on here.
The real villains here are not Wal-Mart, or even the ‘front office’ activists, but the Wall Street douchebags who sold their proxies.
So why’d they cave in California years ago?
Should the owners of a business be allowed to decide what goods and services that business provides?
This is a political project by Trinity Church, one of the richest churches in the world simply due to benefitting from land endowed by England during colonial times in Manhatten. The leadership are also social justice left-wing radicals. They bought the Walmart stock on purpose for political activism to stop gun sales.
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http://en.wikipedia.org/wiki/Trinity_Church_(Manhattan)
“Disclosure resulting from a lawsuit filed by a parishioner revealed total assets of about $2 billion as of 2011.[3] Although Trinity Church has sold off much of the land that was part of the royal grant from Queen Anne,[12] it is still one of the largest landowners in New York City with 14 acres of Manhattan real estate including 5.5 million square feet of commercial space in Hudson Square.[3][14] The parish’s annual revenue from its real estate holdings was $158 million in 2011 with net income of $38 million,[3] making it perhaps one of the richest individual parishes in the world.[12]”
They are obviously selling guns and other death-dealing instruments!
this is about stopping shareholders not any type of sale.
Imagine if a group of conservative shareholders wanted to tell apple (etc) to end same sex marriage support as a matter of policy.