Cerberus to sell gun company that makes Bushmaster


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  • Lagomorph Salt Lake City, UT
    Dec. 19, 2012 9:12 a.m.

    Cerberus spokesperson: "We are investors, not statesmen or policy makers... It is not our role to take positions..."

    What a remarkable statement. In other words, an investor has no moral stake in what his or her money is used for. How convenient for one's conscience.

    What is an investor? An investor is someoe who finds a particular enterprise appealing enough that they will give that enterprise their money in the hopes of furthering its development and getting a share of the profits in return. How can investment in a firm not be interpreted as a vote in support of that firm's product? How can the investor be divorced from the moral element of the product?

    It is as if someone asked me to front him some cash so he could buy a gun to mug people with, and then I denied any responsibility for the robberies because all I did was invest money in a criminal venture, I didn't rob anyone myself.