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Thread: Remington not doing so well under Trump

  1. #1
    Trust Dusty Davocrat's Avatar
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    Remington not doing so well under Trump

    "Remington’s sales plunged 27 percent in the first nine months of 2017, resulting in a $28 million operating loss...

    Remington, which is controlled by buyout firm Cerberus Capital Management LP, was abandoned by some of Cerberus’ private equity fund investors after one of its Bushmaster rifles was used in the Sandy Hook elementary school shooting in Connecticut in 2012 that killed 20 children and six adults."

    https://www.reuters.com/article/us-remingtonoutdoor-bankruptcy-exclusive/exclusive-u-s-gunmaker-remington-seeks-financing-to-file-for-bankruptcy-sources-idUSKBN1FT04C


    Thanks from Minotaur and Friday13

  2. #2
    Chaos in fourteen lines Minotaur's Avatar
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    Well no one needs guns now that there is a crazy old white man in the White House. Not nearly as frightening as, well, you know.
    Thanks from BigBob, Davocrat, boontito and 1 others

  3. #3
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    President Obama was the greatest guns and ammo salesman in history.
    Thanks from pragmatic

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    Veteran Member Moorhuhn Wanted Champion Hollywood's Avatar
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    Quote Originally Posted by Miller47 View Post
    President Obama was the greatest guns and ammo salesman in history.
    Never saw so many scared shitless old white men in my life than when the black dude got elected.
    It was fucking funny as all hell.
    Last edited by Hollywood; 10th February 2018 at 02:50 PM. Reason: typo

  5. #5
    Nuisance Factor Yeti 8 Jungle Swing Champion, YetiSports 4 - Albatross Overload Champion, YetiSports7 - Snowboard FreeRide Champion, Alu`s Revenge Champion boontito's Avatar
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    Quote Originally Posted by Miller47 View Post
    President Obama was the greatest guns and ammo salesman in history.
    Because the buyers were the most paranoid, gullible, and fearful customers in history

  6. #6
    Self Banned Mister B's Avatar
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    Quote Originally Posted by Davocrat View Post
    "Remington’s sales plunged 27 percent in the first nine months of 2017, resulting in a $28 million operating loss...

    Remington, which is controlled by buyout firm Cerberus Capital Management LP, was abandoned by some of Cerberus’ private equity fund investors after one of its Bushmaster rifles was used in the Sandy Hook elementary school shooting in Connecticut in 2012 that killed 20 children and six adults."

    https://www.reuters.com/article/us-remingtonoutdoor-bankruptcy-exclusive/exclusive-u-s-gunmaker-remington-seeks-financing-to-file-for-bankruptcy-sources-idUSKBN1FT04C


    I thought Cerebrus divested their ownership of Remington because of Sandy Hook.

  7. #7
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    Quote Originally Posted by Davocrat View Post
    "Remington’s sales plunged 27 percent in the first nine months of 2017, resulting in a $28 million operating loss...

    Remington, which is controlled by buyout firm Cerberus Capital Management LP, was abandoned by some of Cerberus’ private equity fund investors after one of its Bushmaster rifles was used in the Sandy Hook elementary school shooting in Connecticut in 2012 that killed 20 children and six adults."

    https://www.reuters.com/article/us-remingtonoutdoor-bankruptcy-exclusive/exclusive-u-s-gunmaker-remington-seeks-financing-to-file-for-bankruptcy-sources-idUSKBN1FT04C


    Let's be honest about what the article is about
    Thanks from pragmatic

  8. #8
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    Quote Originally Posted by Hollywood View Post
    Never saw so many scared shitless old white men in my life than when the black dude got elected.
    It was fucking funny as all hell.
    The gun and ammo manufacturers loved him!

    Actually they did not care for him, but loved what he did for their business.

    Lots of profit for the gun companies.

    Big money!

    Thanks Obama!

  9. #9
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    Remington took over Marlin and ruined Marlin's name. Keep your JM Marlin's.

  10. #10
    Thought Provocateur NightSwimmer's Avatar
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    Quote Originally Posted by roberthughey View Post
    Let's be honest about what the article is about
    Go ahead.
    Thanks from Friday13 and Davocrat

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