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Network business correspondent Alison Kosik defended Hobby Lobby saying It could simply be an oversight because she said "these are huge funds" with hundreds of stocks.
"The critics are calling Hobby Lobby’s 401(k) investments hypocrisy at its finest,” Banfield said and added that CNN had not gotten any answer from Hobby Lobby after giving them “plenty of time” to respond.
According to a CNN, Hobby Lobby offers employees choices to invest in over a dozen different mutual funds and at least eight of those funds include companies that produce contraceptives such as Teva Pharmaceutical (TEVA), Bayer (BAYRY) and Pfizer (PFE).
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