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December 18, 2012

Why the Bushmaster sale is important — even if self-interested

jizzed-in-your-pants says: Before we anoint these guys heroes, is it a huge harbinger? Or are they just simply doing what they do and selling high while they can as they know Bushmaster will come under a lot of heat for the tragedy. I smell spin here… they are taking the money and running away.

» SFB says: A gun company just became an asset too toxic for an equity firm to touch, so they had to sell it to cut their losses. I don’t think anyone’s calling them heroes—rather, this is a sign that the controversy is so loud that it required a business response from the gun industry. That seems worthy of noting, because it’s so rare that a shooting has that kind of effect. — Ernie @ SFB

(Source: shortformblog, via jizzed-in-your-pants-deactivate)

8:50 // 1 year ago
8:15 // 1 year ago