US - The California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS) may have moved even closer to compulsory divestment from Iran after the passing of a new bill in the state assembly on 6 June 2007.
If the bill is now approved by the state parliament and governor, CalPERS and CalSTRS will have to divest from stocks worth several billion dollars. The bill's author, Republican Joel Anderson, sa...
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