Calpers Simpson on Divestiture of Gun Maker Shares

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Feb. 20 (Bloomberg) -- Anne Simpson, a senior portfolio manager at The California Public Employees' Retirement System, talks about the vote by Calpers' board to divest its $5 million in shares of Smith & Wesson Holding Corp. and Sturm Ruger & Co. because the companies make weapons banned in the state. She speaks with Erik Schatzker and Sara Eisen on Bloomberg Television's "Market Makers." (Source: Bloomberg)