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
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!)
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.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson