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Blood on their hands

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A recent announcement by a very large private equity/venture capital firm stated as follows: "In 2006 affiliates of Cerberus Capital Management, L.P. made a financial investment in Freedom Group." Freedom Group manufactures the Bushmaster Rifle. The Bushmaster was used to kill 26 people in Newtown, Ct., including twenty 6 and 7 year old children.

As the firms' press statement noted, "established in 1992, Cerberus Capital Management, L.P. is one of the world's leading private investment firms. Cerberus has more than US $20 billion under management invested in four primary strategies: distressed securities & assets; control and non-control private equity; commercial mid-market lending and real estate-related investments."

In seeking social credit for moving quickly to sell its investment in Freedom (Firearms) Group, Cerberus makes a number of spurious and disingenuous claims. Among these are the following:

"As a Firm, we are investors, not statesmen…