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Cerberus Capital Management

Hunter Stuart

Americans Are Starting To Buy Guns At Slightly Less Ridiculous Rates

HuffingtonPost.com | Hunter Stuart | Posted 09.10.2014 | Business

Are Americans losing their appetite for assault weapons? Not quite. But the gun buying frenzy that began after the Sandy Hook shooting in 2012 and ...

What's in a Name? Would You Trade Yours for Money?

Jerry Ashton | Posted 01.23.2014 | New York
Jerry Ashton

It wasn't a simple call-out. It had a special importance in that it came from Rabbi Andy Bachman of Brooklyn's Congregation Beth Elohim and it came during the Jewish festival of Sukkot.

Cerberus Capital: Profiting From Guns and Gun Violence

John Rosenthal | Posted 01.23.2014 | Business
John Rosenthal

When it comes to the health industry, the idea of hospitals having an interest in deadly firearms and ammunition, a major source of injury and death, makes even the most hardened Wall Street executives feel uncomfortable.

Wall Street Firm Hasn't Sold Off AR-15 Maker Despite Newtown Promise

The Huffington Post | Jillian Berman | Posted 09.24.2013 | Business

A coalition of advocates are urging a private equity firm to make good on its now nine-month-old promise to stop investing in gun makers. Amid a fl...

Cerberus Founder Exploring Bid For Bushmaster Gunmaker

Reuters | Posted 06.16.2013 | Business

(Adds details on the process) By Olivia Oran, Greg Roumeliotis and Martinne Geller April 17 (Reuters) - Private equity m...

Are California Teachers' Pensions Funding the NRA?

Richard Robbins | Posted 03.04.2013 | Education
Richard Robbins

Last year, CalSTRS, which is the nation's second largest pension fund, adopted a policy calling for portfolio companies to annually report their expenditures on political contributions.

Cerberus Collected Ex-Government Opportunists

Robert Scheer | Posted 02.27.2013 | Politics
Robert Scheer

How fitting that Dan Quayle, a bumbling excuse for a vice president of the United States, should end up as a top executive of a $20 billion private equity firm mired in controversy.

Cerberus's Investors Must Demand More

Richard Robbins | Posted 02.20.2013 | Business
Richard Robbins

Ironically, the only impact that the tragedy in Newtown has had for the Freedom Group, Cerberus and its investors so far is a massive INCREASE in sales, as gun shops are reporting their highest sales in decades.

Cerberus: It's Time to Take Ownership

Richard Robbins | Posted 02.17.2013 | Business
Richard Robbins

Where is the sense of ownership from Cerberus? Where is the sense of responsibility to society? What ownership did Cerberus and its leaders show in 2006, when they decided that investing in Bushmaster could provide a favorable return to investors and themselves? What ownership have they shown in the past 6 years?

Cerberus Divestment Is a Loss, Not a Win

Christine Bader | Posted 02.18.2013 | Business
Christine Bader

Cerberus Capital's decision to sell its stake in the Freedom Group, maker of the gun used in the Newtown shootings, is being widely applauded. But divestment is exactly the wrong outcome: Running away from the problem doesn't solve it.

Stock Market Crushes Gun Makers For Third Straight Day

The Huffington Post | Posted 12.18.2012 | Business

Everybody's running away from the nation's gun makers after the Newtown Elementary School massacre, and investors are leading the way. Shares of St...

Chris Kirkham

Equity Firm To Sell All Investments In Firearms

HuffingtonPost.com | Chris Kirkham | Posted 12.18.2012 | Business

Cerberus Capital Management, a private equity firm that owns a stake in Bushmaster, the gun manufacturer that produced the rifle used in the massacre ...

Chris Kirkham

Gun Companies' Unlikely Investors: Teacher Retirement Funds

HuffingtonPost.com | Chris Kirkham | Posted 12.18.2012 | Business

Gun manufacturers have enjoyed lucrative growth in recent years, a trend now under scrutiny after the massacre of 20 children inside a Connecticut ele...

Bank Said In Talks To Buy Chrysler Financial

Posted 05.25.2011 | Business

NEW YORK/TORONTO, Dec 7 (By Paritosh Bansal and Cameron French) - Toronto-Dominion Bank is in talks to buy lender Chrysler Financial from private e...

Gunmaker's 'Adaptive Combat Rifle' Too Combat-y: Fires Full Auto!

Josh Sugarmann | Posted 05.25.2011 | Politics
Josh Sugarmann

When is a "combat rifle" for the U.S. civilian gun market too combat-y? When it fires like a full-auto machine gun. That's the problem Bushmaster now faces with its new Adaptive Combat Rifle

Rattner's Case Just Another Chapter in a Frightening New Trend

David Spencer Seconi | Posted 05.25.2011 | Business
David Spencer Seconi

When pension funds are caught up in scandals, it is not the embarrassment of the funds that should be making headline news, but rather the fact that they are playing with future security of millions of workers.

Obama Gun Boom Comes to an Official End

Josh Sugarmann | Posted 05.25.2011 | Politics
Josh Sugarmann

A "family" of gun companies collectively known as The Freedom Group has just filed new documents with the SEC, in anticipation of its IPO.

New GM, Chrysler Leaders -- Wrong for the Jobs

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The Harvard MBAs in the auto executive suites wouldn't know a good car if they got run over by one. And ultimately it's the cars which are going to save GM and Chrysler.

Rattner, Obama's Car Czar, Worth At Least $188 Million

bloomberg.com | Jonathan D. Salant and Justin Blum | Posted 05.25.2011 | Business

May 28 (Bloomberg) -- Steven Rattner, the Obama administration adviser trying to orchestrate a rescue of the U.S. auto industry, has a net worth of at...

Obama: "Ich bin ein Chrysler!"

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Obama talked his usual great game of absolute confidence at the end of his announcement this morning, telling the country, "If you're going to buy a new car, buy an American car."

Cerberus Agrees To Give Up 80% Stake In Chrysler

New York Times | LOUISE STORY | Posted 05.25.2011 | Business

For Stephen A. Feinberg, the long road back from the most disastrous investment of his career -- Chrysler L.L.C. -- began last week around a polished ...

January Car Sales -- a Final Reckoning Begins in Earnest ?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Until the travel business picks up and businesses in general start replacing their vehicle fleets, Detroit will be outside looking in.

Snow, Quayle, Feinberg and Merkin: This Is Who Gets Our Bailout Money?

Dennis O'Brien | Posted 05.25.2011 | Business
Dennis O'Brien

As a completely unregulated private equity partnership, Cerberus has no public reporting requirements. In fact, they are now refusing to disclose their finances even after the bailout.

Auto bill clears House; Should it pass the Senate, too?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

And now, it's on to the Senate! The House today passed, 237 to 170, HR 7321, the automotive loan bailout bill, and has sent it on to the Senate. H...

Memo to Detroit: Change Now or Die

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Most Americans think you have brought this disaster upon yourselves, with inferior, irrelevant products the past 35 years.