GE Capital Cuts Off Gun Shops

(NewsMax) GE Capital is now the second large company to get out of the firearms business.

The Wall Street Journal reports. Cerberus Capital Management announced days after the Sandy Hook Elementary School shootings, that killed 26, that it was trying to sell Freedom Group Inc., maker of Remington, Bushmaster, Marlin and H&R guns. GE Capital spokesman Russell Wilkerson told the Journal the company’s decision was based on "industry changes, new legislation and tragic events." Sandy Hook is not far from GE’s Fairfield, Conn. headquarters, and several employees have children who attend, the Journal notes. The father of the shooter, Adam Lanza, is a GE executive. Read The Full Story

FREE REPORT: Is Barack Obama Trying To Destroy The US Economy! Input Your Primary Email Address Below And You'll Receive A Free Gift, Our Downloadable Report On The Cloward-Piven Strategy.   Privacy Policy: We respect your privacy and will not share your email address with ANYONE... PERIOD! Mouse Over The Green Icon To The Left To Share This Story On Your Favorite Social Media Sites. RELATED STORIES