The victim this time was Remington Arms, a profitable company that was drained of cash and driven into bankruptcy by Cerberus.
That a vulture firm is named after the Hound of Hell is a bit ironic.
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Sunday, May 5, 2019
5 comments:
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Cerberus is ironic, and Mitt Romney misspelled the name of his company. "Bane" would have been honest and descriptive.
ReplyDeleteDidn't they load Remington up with debt in anticipation of a Clinton administration fueled boom in sales?
ReplyDelete-Doug in Oakland
A sad end to a great company, but typical of the vulture capitalists... Especially where guns are concerned. Dammit...
ReplyDeleteThoughts and prayers to the merchants of deaths, I meant the sellers of fun bang tools.
ReplyDeletemakes for an interesting condition for the suit against the makers of the bushmaster... I'd think that suit is then reduced to a giant nothing.
ReplyDeleteIntentional or accidental... more like business greed. It was the end of greed is good era.
Eck!