He didn’t steal anything. He bought stock.
Cabelas is a retail store. On a downward slide they merged with Bass and Bass did a reorg which means some locations and offices closed.
Nothing nefarious here.
You may as well blame Bass for the reorg, or blame the owners for going public, which would’ve netted them quite a bit of cash. Are you upset over their “greed”? And how many tears would you shed if the entire enterprise fell apart and Singer lost his investment? In that case all stores would be closed.
When companies go down, some are going to get hurt and some won’t. That’s life.
I'm glad President Trump cares about Americans and doesn't share your attitude.