As we noted back in April, John Schroder, Treasurer of Louisiana objected to two big money center banks’ newly announced anti-gun policies. He let it be known that because of their policies refusing to do business with companies that make “assault rifles” or “high-capacity” magazines. It was all part of the post-Parkland conspicuous moral preening […]
BofA says 151 employees were affected by mass shootings in U.S. They’re responding to all the flack they’re getting for dropping gun companies with a BS PR barrage . . . Bank of America’s new policy denying loans and other services to certain gun makers came after dozens of employees lost family members or suffered […]
“We want to contribute in any way we can to reduce these mass shootings. It is not our intent to underwrite or finance military-style firearms on a go-forward basis.” – Bank of America vice chairman Anne Finucane in In a rare move, corporate America presses for gun-control restrictions ‘to take a stand’ [via latimes.com]
“Bank of America Corp. will no longer lend money to companies that manufacture military-style assault weapons for civilian use, in the hopes the move will contribute to a reduction in the number of mass shootings nationwide.” Just a guess, but the move by one of America’s largest banks 1) will have zero effect on the […]
