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September 20, 2007       Share:    

Source: http://ap.google.com/article/ALeqM5jmxG7C84D0ASCrboLMqzsDyqUgUQ

Florida Divests from Iran, Sudan

[AP] Bill Kaczor - Florida's public employee retirement fund will divest nearly $1.3 billion invested with 21 companies doing business in Iran or Sudan, after the State Board of Administration authorized the divestiture Wednesday. The law bars investing pension money in any company doing business in Sudan or in Iran's energy sector because both countries are on the State Department's list of terror-sponsoring nations. ()

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