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Re: I wonder how the Wingers are going to react to this development...

By: clo in FFFT | Recommend this post (0)
Thu, 25 Apr 13 3:02 AM | 51 view(s)
Boardmark this board | Food For Further Thought
Msg. 51796 of 65535
(This msg. is a reply to 51794 by oldCADuser)

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OCU,

I'll share this info with some of them now, over at Pope! ;))




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The above is a reply to the following message:
I wonder how the Wingers are going to react to this development...
By: oldCADuser
in FFFT
Thu, 25 Apr 13 2:57 AM
Msg. 51794 of 65535

GE Capital stops lending to gun shops: WSJ

April 24, 2013

SAN FRANCISO (MarketWatch) -- General Electric Co' (NYSE:GE) financial unit, GE Capital, is cutting off lending to guns shops, according to a report Wednesday in the Wall Street Journal that cited letters sent by the company to several gun shop owners. "Industry changes, new legislation and tragic events" led GE Capital to reexamine its policies on financing firearms, spokesman Russell Wilkerson told the Journal. The move follows the December massacre at the Sandy Hook elementary school in Newtown, Conn., in which 20 students and six adults died. GE Capital is the second financial firm to distance itself from the firearms industry. Cerberus Capital Management LP said shortly after the Newtown shootings it would try to sell its gun company Freedom Group Inc.

http://www.marketwatch.com/story/ge-capital-stops-lending-to-gun-shops-wsj-2013-04-24

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