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вЂњNew York shouldnвЂ™t be investing a dime propping them up,вЂќ said Andy Morrison, a spokesman when it comes to brand brand brand New Economy Project, a nonprofit that urges retirement supervisors which will make more investments that are socially responsible.
The brand new Economy venture is currently asking nyc Comptroller Scott Stringer and brand brand brand New York State Comptroller Tom DiNapoli to start an ongoing process of divestment from payday loan providers. But thus far, neither comptroller has expressed passion when it comes to concept.
DiNapoli declined to respond to questions regarding divestment. Their spokesman, Matthew Sweeney, stated the fault for buying stock in payday lenders falls on вЂњoutside managers, that have discernment to acquire publicly traded sharesвЂќ with respect to the continuing state retirement.