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Bank of America ceases financing gun manufacturers

Posted on 4/11/18 at 9:27 am
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45874 posts
Posted on 4/11/18 at 9:27 am
CNBC Article

SIAP, searched, but didn't see anything.

quote:

Bank of America is backing away from companies that make military-style assault rifles for civilian use.

The second-biggest U.S. bank is a lender to Vista Outdoor, Remington and Sturm Ruger. During an interview Tuesday on Bloomberg television, Bank of America Vice Chairman Anne Finucane said the bank has let its gun-maker clients know "it's not our intent to underwrite or finance military-style firearms."

Posted by SirWinston
PNW
Member since Jul 2014
82544 posts
Posted on 4/11/18 at 9:28 am to
Yeah the left has found their winning strategy. Between states, counties, cities, corporations - the 2nd Amendment can be so effectively watered down and stripped away that it will become meaningless to the over 65% of Americans who live in either a state/county/city in which any branch of government happens to be controlled by Dems.

The right should be doing this with abortion TBH.
This post was edited on 4/11/18 at 9:29 am
Posted by bamarep
Member since Nov 2013
51816 posts
Posted on 4/11/18 at 9:29 am to
shite like this is so stupid.
Posted by GumboPot
Member since Mar 2009
119074 posts
Posted on 4/11/18 at 9:31 am to
Oh well.

Good thing we have 1000s of other lending/borrowing opportunities.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83985 posts
Posted on 4/11/18 at 9:32 am to
Plenty of lenders to take their spot.
Posted by BamaAtl
South of North
Member since Dec 2009
21987 posts
Posted on 4/11/18 at 9:33 am to
Which banks still finance them?

Need to know who to threaten to boycott next.

Posted by Dead End
Baton Rouge
Member since Aug 2013
21237 posts
Posted on 4/11/18 at 9:33 am to
Gun owners should stop using Bank of commie America.
Posted by SidewalkDawg
Chair
Member since Nov 2012
9823 posts
Posted on 4/11/18 at 9:35 am to
quote:

Which banks still finance them?


I'm gonna guess, and I may be off a little bit, that somewhere close to 99% of the others do.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67515 posts
Posted on 4/11/18 at 9:35 am to
quote:

shite like this is so stupid

Agree....another bank is about to make more money
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73500 posts
Posted on 4/11/18 at 9:35 am to
Threat how appropriate.
Posted by Blizzard of Chizz
Member since Apr 2012
19144 posts
Posted on 4/11/18 at 9:37 am to
I’m gonna sit back and watch the lawsuits fly now. You are treading in dangerous water when you begin openly discriminating against lawful businesses via financial lending.
Posted by 10MTNTiger
Banks of the Guadalupe
Member since Sep 2012
4139 posts
Posted on 4/11/18 at 9:38 am to
Ironic, this "business" should have died in 2008 and was only allowed to live thanks to the $20 billion dollars they took from we the people as a bailout in 2008.

Glad to see their management strategy is still strong. Morons.
Posted by NYNolaguy1
Member since May 2011
20949 posts
Posted on 4/11/18 at 9:38 am to
I wholeheartedly support the right of every business to refuse goods or services to whomever they choose.
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 4/11/18 at 9:38 am to
Lol, that is not how it works
Posted by theCrusher
Slidell
Member since Nov 2007
1145 posts
Posted on 4/11/18 at 9:40 am to
private equity will jump in and I'll never do business with BOA.
Posted by BamaAtl
South of North
Member since Dec 2009
21987 posts
Posted on 4/11/18 at 9:41 am to
quote:

Threat how appropriate.


You want to do business with companies that kill Americans as their primary business model, then you're getting boycotted.

Their choice, really.
Posted by wickowick
Head of Island
Member since Dec 2006
45828 posts
Posted on 4/11/18 at 9:41 am to
They should change their name to the Bank of Socialist...
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 4/11/18 at 9:41 am to
quote:

Threat how appropriate.


It was a gleeful threat at that, was it not?

Posted by PNW
Northern Rockies
Member since Mar 2014
6193 posts
Posted on 4/11/18 at 9:42 am to
quote:

The right should be doing this with abortion TBH.


Quit bitching about welfare if you’re pro-life.
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 4/11/18 at 9:42 am to
quote:

business with companies that kill Americans as their primary business model


Are you actually stupid, or just pretending to be so?
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