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Remington Arms preps for bankruptcy sale to Navajo Nation
NYPOST ^ | 6/26/2020 | Staff

Posted on 06/27/2020 7:02:19 AM PDT by mac_truck

Remington Arms, America’s oldest gun maker, is preparing to file for Chapter 11 bankruptcy protection and is in advanced talks for a potential sale to the Navajo Nation, The Wall Street Journal reported on Friday.

Remington is making preparations for the Native American tribe to serve as the lead bidder to purchase its assets out of Chapter 11, the Journal reported here, citing people familiar with the matter.

The report added that the filing could come with in days.

Remington had previously filed for bankruptcy protection in March 2018.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: 2ndamendment; bancruptcy; banglist; cerberus; chapter11; navajo; navajonation; nra; remington; secondamendment
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To: Cheesehead in Texas

Maríaluisa David, B.A. Cultural Anthropology & Culture and People of Mexico, University of California, Los Angeles (1978)
Updated July 27, 2018

Diné (Navajo) people did not traditionally have family names. Instead they were identified with a personal name and the name of ones mother’s maternal clan (born to Black Rock). The name of the person’s father’s clan is the clan one is “born for”—-born for Red Forehead). For example, in Navajo, I would be identified as:

Mary, born to the Black Rock, born for the Red Forehead. Diné people are strictly matrilineal so one is always born into ones mother’s clan.

When white people began to colonize Diné people and the Diné land, they demanded that Diné people use the naming traditions of white culture. People acquired family names in a variety of different ways. “Begay” means simply “his/her son”. Edit: the more correct word in Diné for “her son” is “biyáázh”— bee-yahj. People identified their family as to who their mother was. Of course what they were saying was misinterpreted as being the name itself. Someone might say “Sam, biyáázh Mary”—Sam, Mary’s son. The Diné language in common with many indigenous American languages uses gender to denote the gender of the person speaking as well as the gender of the subject. It’s a perfectly reasonable way to identify ones family. But white Americans imposed their naming traditions and the Begay “family” was born and babies began to be identified into families as to who their fathers were, a concept totally alien to the Diné way of thinking.

Another way that Diné people acquired family names was through schools. When Diné kids were first taken to the schools, they were assigned white names such as Tom, Billy, or my own last name, David. That generation of kids, my great-grandfather’s generation, did not have family names necessarily. When the next generation went to the schools, they were asked what their father’s white name was. The first name of the student’s father became the family name. In my case, great-grandfather went to white school and was named “David”. When grandfather went to school, he was assigned the name Lee. Since his father’s “name” was David, grandfather became Lee David. When my father went to school, his name was John David. As his daughter, my name is Mary David. One of grandfather’s brother’s name was changed by a white school staff to “Davis” instead of David. So family members have a variety of “family” names including David, Davis, Black Horse, Tauglechee, and, unsurprisingly, Begay. Someone became confused and identified their mother rather than their father. In the Diné language it was “begay Rachel”. The cousin meant “Rachel’s son”. School officials heard the ubiquitous name Begay.

So to succinctly answer, the name Begay is a common one among Diné people because it was misunderstood by white people attempting to impose their style of naming. It is not a name in tribal groups other than Diné.


81 posted on 06/27/2020 9:38:19 AM PDT by Yollopoliuhqui
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To: Cheesehead in Texas
👍
82 posted on 06/27/2020 9:40:39 AM PDT by laplata (The Left/Progressives have diseased minds.)
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To: Clutch Martin

I don’t recognize that word. :)


83 posted on 06/27/2020 9:45:39 AM PDT by laplata (The Left/Progressives have diseased minds.)
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To: AnotherUnixGeek

The Mossberg 500/590 is the other side of the Remington/Mossberg Ford vs Chevy debate, and they are worth considering.


84 posted on 06/27/2020 9:53:41 AM PDT by Disambiguator
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To: Gay State Conservative

I was thinking the same thing

That and a boat load of irony


85 posted on 06/27/2020 9:54:43 AM PDT by Nifster (I see puppy dogs in the clouds)
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To: boycott

“How does a gun manufacturer go bankrupt in this environment?”

remington, bushmaster, marlin and several other gunmakers were financially raped and bankrupted by Cerberus Capital Management through a series of leveraged buyouts that piled on debt whose money was paid out to “investors”, leaving the companies too debt-laden to continue to operate:

https://www.nakedcapitalism.com/2018/03/winners-losers-pe-firm-cerberuss-remington-rollup-collapses-bankruptcy.html


86 posted on 06/27/2020 9:59:25 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Cheesehead in Texas
I got it. Tso funny.

That's the idea. Good one.

87 posted on 06/27/2020 10:01:50 AM PDT by Migraine
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To: AnotherUnixGeek

What’s not to like? (Other than the MSRP)

https://www.mossberg.com/product/590a1-retrograde-51665/


88 posted on 06/27/2020 10:02:35 AM PDT by Disambiguator
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To: laplata

Pretty country there. I’m in the White Mts, AZ


89 posted on 06/27/2020 10:03:20 AM PDT by Migraine
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To: Rockingham; SDShack; Yo-Yo; 03A3; boycott; PAR35; laplata; M1903A1; TheConservativeBanker; ...

see:

https://www.freerepublic.com/focus/f-news/3859732/posts#86


90 posted on 06/27/2020 10:05:02 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Rockingham

...and stayed in New York too long.


91 posted on 06/27/2020 10:08:03 AM PDT by Bonemaker (invictus maneo)
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To: Yo-Yo

What a cluster was the R51. I still have mine, just got some new mags at a discount. A Remington rep said his son competes with his.


92 posted on 06/27/2020 10:21:45 AM PDT by Southern Partisan (In NYC you can be fined for spitting on the subway. You can, however, throw-up for free.)
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To: Bonemaker

I don’t think this is a financial move.

I think the bankruptcy is to remove American ties and the reservation move is to protect the company from American anti-gun laws, now and what’s coming.


93 posted on 06/27/2020 10:26:16 AM PDT by CodeToad (Arm Up! They Are!)
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To: Migraine

You’re in nice country, too.


94 posted on 06/27/2020 10:27:42 AM PDT by laplata (The Left/Progressives have diseased minds.)
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Comment #95 Removed by Moderator

To: Migraine

You’re in nice country, too. I have a buddy who has a place somewhere near Show Low.


96 posted on 06/27/2020 10:29:41 AM PDT by laplata (The Left/Progressives have diseased minds.)
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To: DIRTYSECRET

Custer apparently broke a vow he made to the Cheyenne in 1868, when he promised he would never fight the Cheyenne. I remember reading about it at Little Big Horn.


97 posted on 06/27/2020 10:34:58 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: mac_truck

I learned from nearly every Western movie that it’s illegal to sell guns to Indians.


98 posted on 06/27/2020 10:52:40 AM PDT by Brooklyn Attitude (In America 2.0, blacks are sacred and can do no wrong.)
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To: RoosterRedux
Sheesh. Don’t let those Injuns get their hands on good rifles.;-)

Was that sarcasm? Because I hadn't heard of anything good coming out of Remington for some time. My thought is that maybe those 'Injuns' will turn out some good rifles.

99 posted on 06/27/2020 10:57:47 AM PDT by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: mac_truck

Some of my favorite guns were Remington made, before the tragic boat accident.


100 posted on 06/27/2020 11:35:45 AM PDT by USS Alaska (NUKE THE MOOSELIMB, TERRORISTS, NOW!)
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