N.J. Public Pension Fund to Consider Divesting from Nike over Kaepernick Ad Campaign

Breitbart | 9/28/2018 | Staff
Nighty (Posted by) Level 3
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The group which manages and oversees the public worker pension fund for the State of New Jersey, is responding to a request from a constituent representing police and fire personnel to review their investments with Nike.

The request comes in light of the athletic apparel giant’s decision to make Colin Kaepernick the face of their new ad campaign.

NJcom

According to NJ.com:

Marty Barrett, a representative of retired police officers and firefighters, asked the council to consider divesting from its Nike holdings because of the ad.

Barrett - Thursday - Kaepernick - Members - Military

Barrett said Thursday that Kaepernick’s protest disrespects members of the military and first responders who were killed on 9/11.

Nike “made one of the worst business decisions of all time” in making Kaepernick the face of its ad campaign, Barrett said.

State - Investment - Council - Holdings - Spokeswoman

The State Investment Council voted unanimously to review its holdings, which a spokeswoman for the Treasury Department said include 311,500 equity shares valued...
(Excerpt) Read more at: Breitbart
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