Mystery company buying up U.S. gun manufacturers

A monopoly in gun manufacturing would make it easier for top down control of sales and distribution.

Originally posted by silent thunder
reply to post by timidgal

 

Good angle, it makes a lot of sense, doesn't it? Those private investment guys are tertiary predators by nature.

What I think is funny is why anyone with two nickels to rub together would give them a dime, let alone $5 million and up to play with.

It boggles the mind. I'd rather stick my arm in a meat grinder. Yeah sure you get those kind returns....until suddenly you don't. Just ask Mr. Madoff's clients. Now he may be a special case in some way but these people are by nature no better, just a little smarter and smoother.

Pure and simple greed - these guys are masters of the game and so many others are envious and want a piece of it. Even if there's no guarantee, the seduction of those returns make many otherwise intellegent people become blithering idiots and send their moral compasses into a tailspin. It's not even as if they (the HF Mgrs) wine and dine you to get your money; they have enough wannabes lining up at their doors begging for a bite at that apple.

Believe it or not, I knew Madoff and some of his associates. I also knew some of the people who were cajoled in by him and I can understand why. Today's HF Mgr is like a pacing shark - it has become part of their allure (or lure) and they don't even try to hide it. Madoff, on the other hand, had this false appearance of being a kindler and gentler charlatan.

Whereas I don't know this particular person, I know many others like him but this is different and I agree with you that there is more here than meets the eye. I don't believe this has anything to do with profit; it's all about power and whereas I'd typically say a large portion of the HF Mgrs I know (or knew) are too narcissistic to be satisfied being a mere piece of the bigger whole, they are a shrewd bunch. Self-preservation leads to opportunity for power but power doesn't necessarily ensure self-preservation.

Also, considering another aspect, this is not the usual type of asset a HF would be looking at - it's profitable, yes, but HF's deal in BIG risks with BIG payoffs and guns, although high in demand, don't really offer the type of huge payoffs that make these guys salivate as there are too many other powerful hands in the mix --- UNLESS they were confident that it is an imperative asset for reasons other than profit. Gives one lots of food for thought and brings conjecture a bit closer to reality...

In any event, great post even if I do find this discovery very disturbing. I'll definitely be watching the boards to see what other funds start focusing on as well.

Well what do you know - I just looked up their senior executive team which can be found here.

Take a look at who the Chairman of Cerberus Global Investments is - does the name J. Danforth Quail sound familiar to anyone?

Very interesting indeed...

EDIT: I take my hat off to and apologize to Blackmarketeer for overlooking his/her previous post in which the Dan Quail connection was made.

NWO is at its final phases before it starts mass genocide of americans.

Disarming the public is the last phase.By buying arms manufacturers they assure that the resistance forces will be crushed .

reply to post by boncho

On that note, I doubt these companies would be passed to people that have a negative plan for the Western States.

Then you don't know the elite.

Confiscating guns, the thing dictators always do since they were invented.

reply to post by silent thunder


I read in a blog that Stephen Feinberg is bad news, that he has a fetish for his porn collection and traveling in company jets like an aristocrat I guess everybody have skeletons in their closets.

Also his raise into the elite in power is due to his closes links Rumsfelt in 2005 that open the door to the mysterious dealing of the Carlyle group.

He has is own personal agenda and is not for the common good of the people, anybody should be very worry about his kind and his group.

reply to post by marg6043


Hmmm...interesting. I found this:

However six-pack his origins, Feinberg now moves in rarefied circles. Defense Secretary Donald H. Rumsfeld was an investor in 2001, according to government ethics disclosures. Hedge-fund legend Michael Steinhardt is a shareholder and director in Cerberus' lending arm, Ableco LLC. Michael Dell's private-investment firm has joined with Cerberus and home-builder Lennar Corp. to develop upscale residential communities on the former El Toro Marine Corps Air Station in Irvine, Calif. His roster of investors also includes public pension funds such as TIAA-CREF and the California State Teachers' Retirement System.

www.businessweek.com...

Also mentions Quayle's involvement as noted by Timidgal.

reply to post by silent thunder

The Freedom Group appears not to be backed by Soros, but by Stephen Feinberg, the chief executive of Cerberus Capital Management. Cerberus is a huge but little-known private investment company that acquired Chrysler in 2007. It's name, "Cerebus," is often the source of uneasy joking in certain financial circles, for this is the name of the three-headed Hound of Hell in Greek mythology that stands at the gates of Hades. But hey, tha's neither here nor there...right?

i know wikipedia isn't a source here..
but according to wikipedia Soros founded Cerberus Capital Management.

so there IS a connection to Soros.

still looking for a legit source.

reply to post by silent thunder


I found this article that calls cerbelus nothing but blood sucking Freaks, the more you research the more you learn about this dirty corrupted elites on power agendas.

He actually profits from blood.



Blood Sucking Freaks: The Rightwing Billionaires At Cerberus Capital Literally Suck Blood From The Poor

Wall Street Vampires: Lately, a lot of Americans, myself included, have used the blood-sucking freaks as a metaphor to describe the Wall Street billionaires who rule us, and who are ruining us. Like so many awful stories of the past few years, it turns out that these Wall Street vampire-billionaires really exist, literally. Like all vampires, they live in remote castles, and feed themselves by luring poor, desperate humans into their dens, hooking them into blood-pumping machines, and sucking out their plasma for mind-boggling profits.


Cerberus Capital, one of Wall Street’s most notoriously ruthless leveraged-buyout firms (or “private equity firms” in PC-speak), recently made a $1.8 billion killing on their human plasma investment, a company called Talecris, which they bought for a mere $82.5 million just four years earlier. Meaning Cerberus made 23 times their investment on human plasma.

exiledonline.com...

and if wikipedia is to be believed.

Cerberus isn't just buying up weapons manufacturers.

also food, energy, paper, pharmaceutical companies etc..

DynCorp is noted.

you opened up a can of worms right here.

Always remember that these guys, the guys running the show, think about the long race. This means that they will lay plans that takes years or decades to accomplish. They groom their heirs to continue their work after they can no longer carry on.

Look at this situation and carry it out 20 or even 50 years and think of the implications. I am preparing my children to carry on with the plans I've laid out knowing full well that only one or two of them will be either willing or competent to do so. IMO TPTB think the same way.

Long game baby, it's the only thing that matters.

Originally posted by ludwigvonmises003
NWO is at its final phases before it starts mass genocide of americans.

Disarming the public is the last phase.By buying arms manufacturers they assure that the resistance forces will be crushed .

as Hawkiye had mentioned, it's a bit late for that to be the plan but from what has been posted already on the likes of these people, i'm sure they are up to no good.

reply to post by kn0wh0w

The Freedom Group is one of the worlds most largest manufacturers of fire armes and ammunition, and Cerberus Capital management(as of 2009) holds a 94.3% stake in Freedom Groups shares. However, there is no apparent connection between Cerberus Capital Management and financier George Soros. Cerberus was established in 1992 by Stephen A Feinberg, and the companies list of senior executives does not include George Soros in any capacity(but does include such conservative notables as former Republican Vice-President Dan Quayle and President George W. Bushes former Treasury Secretary John W. Snow).

Soros is not, nor ever has been, part of the ownership group of Freedom Group or Cerberus. Source: www.snopes.com...

Originally posted by 3101112

Originally posted by ludwigvonmises003
NWO is at its final phases before it starts mass genocide of americans.

Disarming the public is the last phase.By buying arms manufacturers they assure that the resistance forces will be crushed .

as Hawkiye had mentioned, it's a bit late for that to be the plan but from what has been posted already on the likes of these people, i'm sure they are up to no good.

Simple enough.. Buy up the supply then sell to both sides of the various conflicts (through the use of shell companies, of course). One of the oldest tricks out there. Same goes with pharma, food, etc.

Control the supply chain and you can literally control the outcome of wars and profit no matter who wins... or for that matter, just make the wars drag on and keep raking in the dough.

Probably bought by tax payer funded bailout money.

Seems to have all the usual suspects involved.

The people who looted our country are now buying up our gun manufacturers.

Eh, I'm just not seeing the conspiracy.

Like I said - manufacturers tend to condense after a time. Rather than closing down, you sell to someone willing to make a bid on your business (depending upon how you are set up - it may simply be a vote of share-holders).

Large companies and firms are always accused of many things - sometimes justifiably, sometimes not. I'm not too impressed by the typical "blood sucking corporate" argument. People don't understand that most of the # they complain about someone making a profit on only comes with a 3% profit margin on it (they make 3 cents off of every dollar). Then you all talk about your drinking buddies or talk about games - all of which run about a 30-40% profit margin (what you pay them, they basically pocket more than 1/3 of it).

So, again, I'm not really seeing the conspiracy in the gun market (but those drinking are getting raped).

As has already been pointed out - 50% of Americans already own a registered firearm. There are countless others floating around, unowned and/or unknown. Further - the "PTB" will have difficulty finding the mythical army that will come through and attempt to pacify everyone.

I don't see much cause for concern.

Plus - I intend to start up an arms manufacturer some day and create far superior weaponry and aircraft (I might let someone design ground vehicles if they enjoy it) than anything government funding will develop.

reply to post by Aim64C

The economic forces that make consolidation profitable are from the conspiracy. Our artificial banking system and gratuitously regulated business environment makes centralization less expensive than it would be in a natural free market system.

The austrian school of economics explains that the free market system would always be more decentralized and efficient because the relevant information would always be closer to the producer and consumer.

The conspiracy makes us centralize and says its the only way.

reply to post by kn0wh0w


Please, where do you Sorosphobics come up with this crap? Soros did not found Freedom Group, he's not even associated with it. Stephen Feinberg owns and founded it, you can Google him or view his Wiki page. He is a staunch Republican.

This is just a pathetic excuse to explain the anti-capitalist behavior of Cerberus or Freedom Group by claiming it's owned by Soros - the right-wings favorite bogey-man.

George Soros Doesn’t Own The Freedom Group

Here is the CHAIN EMAIL that is being passed around by right-wing gun nuts - I say gun NUTS because you would have to be to constantly fall for these cockamamie rumors.

For the last several years a company called The Freedom Group has been buying up gun and ammunition manufacturers. Some of the companies are Bushmaster, Marlin, Remington, DPMS, Dakota Arms and H&R.

Some people worry that this Freedom Group is going to control most of the firearms companies in the United States.

If you control the manufacturers you can decide to stop selling to civilians. What a perfect way to control guns.

Now if you do some digging you will see that The Freedom Group is owned by a company called Cerberus Capital Management. Guess who controls Cerberus??? GEORGE SOROS !!!!!!!!! One of the most evil men on this planet who wants to restrict or ban all civilian guns.

Please pass this on to all your freedom loving friends. This needs to come out.

Why have we not heard about this in the “mainstream” media? I would think this would be BIG news.

Soros does not own, nor did he found, Cerberus or Freedom Group. That was, as repeatedly pointed out in this thread, Steven Feinberg.

This ‘warning’ started as e-mail forwards in late 2009/early 2010 when Freedom Group attempted to go public with stock and they bought up Barnes Bullets.

Cerberus was started and is owned by Stephen Feinberg. No reputable sources we have found (ie Wall Street Journal, Businessweek, etc. ) list Soros in any way connected to Cerberus. Most locations for this are online message boards or blogs that copy/paste the same or similar ‘warnings’ like the one above.

I could point also that Factcheck and Snopes have already dispensed with the nonsensical attempt to claim this is a 'gun grab' by Soros. It IS a 'gun grab' by a right-wing advocate Steven Feinberg (with senior executives Dan Quale and former Republican Treasury Secretary John Snow, with connections to Donald Rumsfield). Then again, 'gun grab' may be too harsh a term - more like typical 'free market' monopoly forces at work - buy out ALL the competition, then raise the prices through the roof.

Snopes: Freedom Group - Claim: George Soros is buying up firearms manufacturers through an outfit called the Freedom Group - FALSE
FactCheck.org: George Soros’ Gun Grab?

And when that happens, remember the name Steven Feinberg. Of course, I'm being silly, this will still get blamed on Soros and Democrats in those lovely chain emails.

This seems to be the companies webpage. Just take a look at the picture on the site and you will see the companies they are buying.

www.freedom-group.com...

Heres a 3 quarter tax filing showing companies owned.

The accompanying unaudited interim consolidated financial statements include those of Freedom Group, Inc. (―FGI‖ or the ―Company‖) and its subsidiaries. FGI owns 100% of FGI Holding Company, LLC (―FGI Holding‖), which in turn owns 100% of FGI Operating Company, LLC (―FGI Opco‖). FGI Opco includes the financial results of Remington Arms Company, LLC (―Remington‖), Barnes Bullets, LLC (―Barnes‖), E-RPC, LLC (―E-RPC‖), RA Brands, L.L.C. and Outdoor Services, LLC. Remington, in turn, owns Advanced Armament Corp., LLC (―AAC‖), a 75% interest in Mountain Khakis, LLC (―Mountain Khakis‖), an 84% interest in EOTAC, LLC (―EOTAC‖), and a 27.13% interest in INTC USA, LLC. These unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements of FGI and subsidiaries as of and for the year ended December 31, 2010. These unaudited interim statements include all normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the periods presented. The results for the three month period may not be indicative of a full year‘s result. Certain amounts reported in prior periods have been reclassified to conform to the presentation at September 30, 2011.

www.freedom-group.com...

This guys past seems colorful of government private contractors.

Frederic E. Roth, Jr.

www.linkedin.com...

Monopoly in gun manufacturing???

Any good machine shop can build guns and as the price goes up and other manufacturing goes over seas many small machine shops are doing aftermarket gun parts between larger contracts.

I am trained as a machinist and i do gunsmithing for fun and to build my own collection.

There will never be a real monopoly in gun manufacturing.

If you look at the list of companies bought up about half started a garage shops and built up to the point that the owners were bought out at a nice profit.

Also gun repair and gunsmithing is one trade that can not be sent off shore.