dagblog - Comments for "Gun maker files for bankruptcy protection: report" http://dagblog.com/link/gun-maker-files-bankruptcy-protection-report-24815 Comments for "Gun maker files for bankruptcy protection: report" en I heard it on NPR a couple http://dagblog.com/comment/250673#comment-250673 <a id="comment-250673"></a> <p><em>In reply to <a href="http://dagblog.com/comment/250662#comment-250662">Another victim of vulture</a></em></p> <div class="field field-name-comment-body field-type-text-long field-label-hidden"><div class="field-items"><div class="field-item even"><p>I heard it on NPR a couple hours ago, the incredible number, mentioned in your link:</p> <p><em> New York-based Cerberus acquired Remington <a href="https://www.bloomberg.com/news/terminal/JG1LFB1A74E9" rel="nofollow noopener" target="_blank" title="Remington to Be Bought by Cerberus for $118 Million (Update6)">in 2007</a> and saddled it with almost $1 billion in debt.</em> </p> <p>The NPR piece made one vey interesting point that it is generally taken as a given by the business world that gun makers have downturns during periods when the GOP is in power nationally and do decent business when Democrats are in power. That gun owners buy more guns when Dems are power with the simple fear that they might not ever be able to buy them again, while when the GOP is in power, there is not this feeling of the need to rush to buy or desire to stockpile.</p> </div></div></div> Tue, 27 Mar 2018 00:12:28 +0000 artappraiser comment 250673 at http://dagblog.com Another victim of vulture http://dagblog.com/comment/250662#comment-250662 <a id="comment-250662"></a> <p><em>In reply to <a href="http://dagblog.com/link/gun-maker-files-bankruptcy-protection-report-24815">Gun maker files for bankruptcy protection: report</a></em></p> <div class="field field-name-comment-body field-type-text-long field-label-hidden"><div class="field-items"><div class="field-item even"><p>Another victim of vulture capitalism </p> <p><a href="https://www.bloomberg.com/news/articles/2018-03-26/cerberus-s-remington-gunmaker-seeks-bankruptcy-shield-from-debts">https://www.bloomberg.com/news/articles/2018-03-26/cerberus-s-remington-gunmaker-seeks-bankruptcy-shield-from-debts</a></p> </div></div></div> Mon, 26 Mar 2018 21:00:48 +0000 rmrd0000 comment 250662 at http://dagblog.com