Socially Responsible Investing After Newtown

Money Talking | Dec 20, 2012

A week after the tragedy at Sandy Hook Elementary, the mass shooting continues to have a ripple effect in the conversation around guns, even in the financial community.

The pension fund for California’s teachers questioned its investment with the private equity firm Cerberus because it owns Freedom Group, a company that makes the gun used in the shootings. Funds in other states like Massachusetts have followed suit.

Now Cerberus says its looking to sell the company.

This week on WNYC's Money Talking, regular contributors Joe Nocera of the New York Times and Rana Foroohar of Time magazine look into the challenges people face when trying to invest in a socially responsible way.

Among other questions, they debate what makes a company "socially responsible" in today's globalized economy.

WNYC is funded by sponsors and member donations

WNYC Homepage - Top Stories

The unlikely organizers: Even NYC luxury renters are starting tenant associations

Renters paying premium prices for New York City rentals are organizing with neighbors to get their money’s worth.

Gothamist |

Why New York Bagel and Pizza Recipes May Change

Julia Moskin talks about New York's proposed ban on potassium bromate, which is used in NY bagels and pizza.

The Brian Lehrer Show |

The U.F.C. President, Dana White, on Donald Trump: “He’s Not a Racist”

White discusses his relationship with the President, the upcoming match on the White House South Lawn, and why he thinks he’s above politics.

The New Yorker Radio Hour |

Episode 4 of American Emergency; The Movement to Kill FEMA

FEMA’s uncertain future. Plus, what happens when the next disaster strikes?

On the Media |