GE Capital - Cuts off Lending to Gun Shops

[RicInOR]

Only link I could find is in the WSJ - and is behind their pay-wall.
GE Capital Cuts Off Lending to Gun Shops - WSJ.com

GE Capital Cuts Lending to Gun Shops
GE Capital is quietly cutting off lending to gun shops, as the company rethinks its relationship to firearms amid the fallout from the school shooting in Newtown, Conn.


Heads up if you have credit cards / lines of credit from that company.

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[Kevinkris]

unfortunately for me i cant read it because i dont like getting junk mail filling up my inbox. anyone see an article that doesnt require subscription?

 

[RicInOR]

The Employer of Adam Lanza's Father Won't Help People Buy Guns Anymore - Philip Bump - The Atlantic Wire

 

[tiggers97]

Here's a bit more.

 

[Callidus98]

I saw an article about this on NBCnews.com - <broken link removed>

They will just have to do without my buisness.

 

[misplacedtexan]

GE Capital to stop financing gun purchases

Ridiculous, Peter, lanzas dad, is a CEO at the company apparently, so I can vaguely see how this is coming down the pipe for them.

 

[mancat]

The same GE that used to make these

 

[Swedish K]

So how do they justify this when they were the manufacturer of the GE M134A mini gun. I believe the current contract is with Dillon but still - using unfair lending practices toward others for doing the same they have done in the past...

 

[RB87]

Uh, don't they make jet engines for aircraft, military aircraft? Oh, those weapons of war are ok. That gets them their special tax breaks and bailouts.

 

[Kevinkris]

The same GE that used to make these

how do i get one of those?

 

[WhyteCheddar]

That is significant business that somebody else will pick up no doubt.