AMA divests itself of tobacco stock

The American Medical Association has sold about $1.4 million in tobacco stocks owned by its pension fund, a representative said. The stock in cigarette producers R. J. Reynolds Industries and Philip Morris was sold in recent weeks.

The AMA had been under pressure from some elements of its membership, including residents and medical students, to divest itself of the stock. They argued it was hypocritical for a medical group to own stock in cigarette manufacturers.

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...