Friday, February 9, 2018

Ah, Just Blame Hillary Clinton and Get It Over With

Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, has reached out to banks and credit investment funds in search of financing that will allow it to file for bankruptcy, people familiar with the matter said on Thursday.
The vulture capitalists loaded Remington up with an unsustainable level of debt. But that's what they do, and they probably figured that record sales would continue under a Clinton45 administration, so they could get away with looting the company.

Which is what those sociopaths seem to always do.
on or about

1 comment:

  1. Paul W2/12/2018 3:24 PM

    According to Bloomberg, the company was hit hard by overproduction in anticipation of a Hillary Clinton presidency scaring the more fevered gun owners into buying more and more stockpiles like they did under Obama. Sales plummeted because those gun nuts - sorry, I gotta use that term - are happy with trump, and the stores are unable to keep the oversupply.

    https://www.bloomberg.com/news/articles/2018-02-12/cerberus-s-remington-will-cede-control-to-lenders-in-bankruptcy

    Are other gun manufacturers facing the same problem?

    ReplyDelete

House Rules #1, #2 and #6 apply to all comments. Rule #3 also applies to political comments.

In short, don't be a jackass. THIS MEANS YOU!
If you never see your comments posted, see Rule #7.

All comments must be on point and address either the points raised in the blog post or points raised by commenters in response.
Any comments that drift off onto other topics are subject to deletion.

(Please don't feed the trolls.)

中國詞不評論，冒抹除的風險。僅英語。

COMMENT MODERATION IS IN EFFECT UFN. This means that if you are an insulting dick, nobody will ever see it.