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Joined: Oct 2007
Posts: 2,678
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Joined: Oct 2007
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This was an update that I just got:

GE Capital (GE +2.5%) cuts off lending to gun shops in response to public backlash since the Sandy Hook shootings.


What you do today is important, you are trading a day in the rest of your life for it.
GB1

Joined: Jan 2001
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The way guns are selling gun shops shouldn't need to borrow.

Joined: Apr 2008
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I read that GE capital had deals set with Buds gun shop and others so buyers could buy a gun and make payments over a year.



Ted
Joined: Jan 2005
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I suppose that means I need to pull my money out of there then.

Joined: Sep 2003
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GE has always been a lefty organization.

Can't say I've every heard of financing a gun through anything other than a credit card tho.

IC B2

Joined: Jan 2009
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Lending for Gun purchases, or cost's related to running a Gun business?

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yep, paying this off and cancelling their asses.

i have an account with a local gun/outdoors shop

Joined: Feb 2003
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They're bastids as far as being quick to pull the "trigger" if a borrower is even close to default. Call the note is all they know. I know this from being on the same side as they are........not from a borrower's perspective. And they [bleep] other banks if there's any other banks involved. Schitty company for sure.


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What would you expect? They are a subsidiary of General Electric and look at who is running GE; Jamie, the Crook, Dimon! Need say no more! GE hasn't paid any income taxes since the lop-eared bastid got into the White House, either!


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