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L.A. Mayor Asks Pension Programs, LADWP To Not Invest In Gun Companies

Agnus Dei Farrant |
January 16, 2013 | 4:03 p.m. PST

Executive Producer

L.A. Mayor Antonio Villaraigosa speaking at the city's gun buyback program in December (Gracie Zheng/Neon Tommy).
L.A. Mayor Antonio Villaraigosa speaking at the city's gun buyback program in December (Gracie Zheng/Neon Tommy).
Los Angeles Mayor Antonio Villaraigosa sent letters Wednesday to the Department of Water and Power, Los Angeles City Employee Retirement System and Los Angeles Fire and Police Pensions, asking each to end any investments in firearm, ammunition or high-capacity ammunition magazine manufacturing companies and corporations, according to a statement from the mayor’s office.

“We should not invest in or support companies that put military-grade weapons on our streets, putting the lives of all Angelenos at risk,” Villaraigosa said in the statement. “That is why I have asked members of LACERS, DWP and LAFPP to work with me to end investments in companies that produce the assault weapons and ammunition so devastating to our communities.”

The letters come two days after the mayor spoke in Washington, D.C., about immigration reform, the debt ceiling and gun control.

“It’s an abomination that we don’t have an assault weapons ban,” Villaraigosa said Monday. 

ABC News reported that he called for the creation of a universal background check system and a “beef up” of mental health resources. 

 

Read more of Neon Tommy’s coverage on gun control here.

Reach Executive Producer Agnus Dei Farrant here.



 

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