Tag: Cerberus

Private equity firm Cerberus Capital Management recently announced it would sell Freedom Group, the maker of Bushmaster rifles, the weapon used in the Newtown killings. Thanks to some deft PR work, the news coverage was brief, limiting the damage to Cerberus’s reputation from its association with the tragedy. But the episode raises questions about the firm’s risk assessment skills, the push for ethical investments by big investors and prospects for enforceable gun regulations. (more…) Read More