State Contract Canceled for Statements by Contractor. Hello, words matter. Be kind.

Which state ended a state contract over something a contractor said? Michigan

What contract? A $600 M investment contract for a state pension system

Who said what and where? CEO made “completely unacceptable” comments at an investment conference in Tiburon, CA. His comments included references to dropping acid & his moral opposition to charities.

What did the pension system say? “There is no excuse to not treat everyone with dignity and respect.”

AP via Star Tribune | Michigan ends pension contract over investor’s comments