Monday, May 07, 2018

Remington Won't Sell Guns to ... who? Anyone with money? Get Outta Here!

Bank of America's loan to Remington tests its firearms pledge | Reuters:
“It’s perfectly reasonable for them (BOA) to say to any borrower, ‘We’re happy to lend to you if you don’t make military-style assault weapons,’” said Ted Gavin of the Gavin/Solmonese LLC restructuring advisory firm. “The lender has all the power.”

But if the lender is too picky about their customers .. they don't have any customers.
And there are plenty of other customers who really really want to upgrade their  product line with another Major Customer!!!!

(Watch for the "Cave-in" on this perfectly reasonable statement.)

Remington Firearms are perfectly legal.   When the "lender" has sufficiently milked the political  issue, the corporate position will shift just enough to accept perfectly legal firearms as a perfectly legal manufacturer's product.

And Remington Firearms can't stay in business if they don't sell guns.  

What other product do they have?  Popcorn?

Because   $$$,$$$,$$$

And banks don't loan money to companies which don't sell product.


1 comment:

Anonymous said...

Remington mdl.700 bolt action is a weapon of war. It has been used by various branches of our military as a sniper rifle for almost 50 years