ICYMI: Gun-control advocates target Bank of America on Remington deal after Santa Fe shooting

May 8, 2018

Caroline Hudson Charlotte Business Journal 5/23/18

Last Friday, 17-year-old Dimitrios Pagourtzis opened fire at Santa Fe High School in Santa Fe, Texas, killing 10 people. His weapons of choice were a Remington 870 short-barreled shotgun and a .38-caliber Rossi revolver, both stolen from his father, according to reports.

This latest tragedy brought Charlotte-based Bank of America Corp. (NYSE: BAC) under fire once again for its decision to back a lending package for which it officially filed in late March. Bank of America contributed $43.2 million to the $193 million package, which drew funds from a total of seven banks. Talks surrounding the lending package began in January.

Read more: https://www.bizjournals.com/charlotte/news/2018/05/23/gun-control-advocates-target-bank-of-america-on.html

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Guns Down America is a national organization dedicated to investigating and challenging the business practices and economic structures that enable gun violence in America. By exposing industry conduct that harms both consumers and public safety, Guns Down America works to challenge the financial foundations of the gun lobby's power.