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To: jazusamo
“Remington, which is controlled by buyout firm Cerberus Capital Management LP, was abandoned by some of Cerberus‘ private equity fund investors

I didn't know anything about them, but guessed there was a "private equity" company involved. These people are locusts. They load up a company with massive debt and if they manage to succeed, they get rich. If not, banks and the workers wind up getting screwed.

47 posted on 02/08/2018 7:29:02 PM PST by PGR88
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To: PGR88

Cerberus was the same firm that bought up Chrysler after Daimler-Benz was finished looting all of their equity.

Looks like they did the same thing with remington.


70 posted on 02/08/2018 9:36:19 PM PST by factoryrat (We are the producers, the creators. Grow it, mine it, build it. MAGA!)
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To: PGR88

[Cerberus Capital Management LP]

Isn’t this the Bushies?


110 posted on 02/09/2018 2:56:16 PM PST by headstamp 2 (My "White Privilege" is my work ethic.)
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