Sunday, April 28, 2013

Is it time for GE Capital to hear from Gun Owners?

They won't be getting my business!
General Electric Co. 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. 
This month, Glenn Duncan, owner of Duncan's Outdoor Store in Bay City, Mich., said he received a letter from GE Capital Retail Bank in which the lender said it had made "the difficult decision" to stop providing financing services to his store. Other gun dealers have received similar notices.
GE is at least the second big financial firm to retreat from the gun business following the school shootings, which claimed the lives of 20 first-graders and six adults in December. 
[...] 
But GE's withdrawal has symbolic significance, as well as real consequences for the companies that used the service. Gun sellers said financing leads customers to spend more on firearms and accessories.
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1 comment:

Anonymous said...

traitor globalists. i'll never buy another GE product. i already stopped buying ben and jerrys ice cream.