Gun companies
- Thread starter Just Jim
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Geneseo1911
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Geneseo1911
Member
Frankly I don't think it matters. Worst case scenario is Cerebrus is forced by lefty congress critters to divest itself of evil gun makers to get its gubbermint handout. Remington is too big, old, well known, etc. to go down, they will either get soaked up by other deep pockets or be spun off on their own. I would argue Bushie and DPMS are in nearly the same, albeit slightly smaller, boat.
If Chrysler drags Cerebrus under, same scenario as above. Neither of these situations occur = status quo.
Do you envision something else Jim? I imagine you do or you wouldn't have started the thread. The above is just my speculation, I would be interested to hear your take.
If Chrysler drags Cerebrus under, same scenario as above. Neither of these situations occur = status quo.
Do you envision something else Jim? I imagine you do or you wouldn't have started the thread. The above is just my speculation, I would be interested to hear your take.
I am not sure what I see but I am a bit frustrated that the government will have some say so in Remington and Bushmaster when this bailout goes through.
These are the guys running it
Cerberus Capital Management, L.P. is one of the largest private equity investment firms in the United States. The firm is based in New York City, and run by 48-year-old financier Steve Feinberg. Former U.S. Vice President Dan Quayle has been a prominent Cerberus spokesperson and runs one of its international units.
Yet I can see problems here with Repub vs Dems. Cerebrus was smart to buy Chrysler and have the unions to back them up if the government goes anti gun, but the potential here could get ugly.
I want to know what you guys think??
jj
These are the guys running it
Cerberus Capital Management, L.P. is one of the largest private equity investment firms in the United States. The firm is based in New York City, and run by 48-year-old financier Steve Feinberg. Former U.S. Vice President Dan Quayle has been a prominent Cerberus spokesperson and runs one of its international units.
Yet I can see problems here with Repub vs Dems. Cerebrus was smart to buy Chrysler and have the unions to back them up if the government goes anti gun, but the potential here could get ugly.
I want to know what you guys think??
jj
Jorg Nysgerrig
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What makes you think they will have any say? The companies still operate as independent entities. I'd say you're making a mountain out of a molehill, but there isn't even a molehill in this case.
Ron-Bon
Member
Cereberus is trying to buy all the gun companies so gun production can be shut down instantaneously as soon as the government says so
TexasRifleman
Moderator Emeritus
This thread needs more
Companies like Cerebrus are about one thing -- making money. They expect the companies they own to make a profit. If they own Remington, they expect Remington to continue to manufacture and sell product at a profit.
They make money for their investors by carefully choosing, after rigorous evaluation, the companies they buy, buying those companies at the right price, and implementing disciplined management of those companies. And if they don't make money, they don't get investors; because their investors care about one thing -- making money.
They make money for their investors by carefully choosing, after rigorous evaluation, the companies they buy, buying those companies at the right price, and implementing disciplined management of those companies. And if they don't make money, they don't get investors; because their investors care about one thing -- making money.
Well I haven't sen the bailout bill yet but I am sure there will be government intervention on how the money is spent. Cerebrus has 24 billion yet is asking for a bailout. The government will give em it because of who is the head of the company but there will be some hurdles to go through.
Tin foil??? Well I hope you are right, but what if you are wrong???
jj
TexasRifleman
Moderator Emeritus
How many gun companies are there in the US?
Cereberus owns what, 5% of them maybe? If that much?
Yeah, sounds like a conspiracy to me.
TexasRifleman
Moderator Emeritus
You gotta be kidding. There are probably close to 100 companies out there making ARs these days. You need a list? Rock River, Smith and Wesson, Colt, Noveske, Model1, Stag, Oly, LMT, Wilson, Barrett, Fulton, Armalite, CMMG, Charles Daly, Del Ton, Cavalry, Clark, Double Star, Baer, POF, Sabre Defense, Vector, Yankee Hill.
That's just the list off the top of my head without any coffee.
Cereberus owns 2 of them (Remington doesn't really count, its just a rebadged rifle). Again, the numbers just don't add up to what you are saying.
Closing Bushmaster and DPMS would simply move the market to the others.
Cereberus is not in a position financially to buy all of them, nor can they.
Guys like Ronnie Barrett are not likely to sell out, there are others.
And since the AR platform is basically open source there are no copyright issues if every guy with a machine shop decides to enter the AR business.
Cereberus doing what you describe would be an annoyance in the marketplace, at worst, and make some other very pro gun companies a lot of money.
Hey Tex, the economy is tanking and it was done to us on purpose by our elected officials in cahoots with big business. You may not see a conspiracy in that but you are feeling it every day
Read a little on what Cerebrus owns and how they could effect our guns but notice real close that they bought 80% of Chrysler and won't spend their money for a bailout but will spend ours.
It is criminal at best and to have these people in control of gun companies isn't good for the gun community
jj
Read a little on what Cerebrus owns and how they could effect our guns but notice real close that they bought 80% of Chrysler and won't spend their money for a bailout but will spend ours.
It is criminal at best and to have these people in control of gun companies isn't good for the gun community
jj
TexasRifleman
Moderator Emeritus
Again, your argument was that Cereberus could "shut down" the gun industry.
That's tinfoil since they simply don't own enough to have an impact.
Whether or not they should own the companies, or be taking public money, is a different debate.
But, the companies they DO own will not cripple the US gun industry, or keep citizens from buying guns.
There are plenty of places to look for conspiracies and problems, this isn't one.
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