Monday, May 19, 2014

Portland Is First US City to Divest Funds From Walmart

Portland Is First US City to Divest Funds From Walmart

"On Thursday, May 15, the city of Portland got rid of $9 million, or 25 percent, of its investments in Walmart. This marks the beginning of a divestment program that will purge Portland's investment portfolio of $36 million in Walmart bonds by 2016, according to a press release."