Tuesday, December 18, 2012

Bushmaster

Just days after the school killings it was announced that Cerberus Capital, the company that owns the "Freedom Group", which manufactures the Bushmaster rifle, is selling off their gun manufacturing division. It is interesting to note that one of the major shareholders of Cerberus Capital is the California State Teachers Pension Fund! Perhaps the teachers could use a course in Ethical Investing.
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3 comments:

  1. Wandering MikeDecember 18, 2012 at 8:04 AM

    And if you want something really interesting, look at who that Cerberus private equity company is named for: http://en.wikipedia.org/wiki/Cerberus (I was with a company that was almost bought out by them. Also, note that Dan Quayle is part of the "team" along with other folks I don't think kindly of.

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    Replies
    1. CroftDecember 18, 2012 at 8:15 AM

      Interesting. The milti headed dog that guards the gates of the Underworld. How fitting!

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  2. Mark StewartDecember 18, 2012 at 2:05 PM

    My word...this Cerberus Corp is more like a giant octopus. It`s menacing arms are into everything! Hell, they even own companies that make school buses. Not a very comforting thought....as I`m sure they have our best interests at heart!*said with alot of sarcasm*

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