Gun Crime, Arms Profits & Property Deals

Fintan O’Toole: Orlando, Cerberus and the profits of mass murderGroup that bought Nama’s (Irish National Assets Management Agency) NI portfolio also owns an assault rifle maker

My deepest sympathy goes out to all the victims, their families and friends of the Orlando slaughter and to all who are touched by violent gun crime across the US. In this article Fintan O’Toole points out how ‘a business is business’ attitude does not in cut it any more. The victims of this perennial attitude suffer and often die. One thing I’d quibble with him on is that IMHO the Clintons are probably up to their oxters in dirty deals  also.

Bushmaster semi automatic rifle M4-type Carbine Photo by By Mika Järvinen – originally posted to Flickr as M4gery.

But Cerberus is also very big in guns. It is run by people for whom everything is just business, from firesales to firearms, from Irish property deals to selling weapons of war to anyone who wants them. The connection between Belfastand Orlando reminds us of a truth that is easily forgotten – behind every mass shooting by a deranged psychopath in the US is a very profitable industry owned by Ivy League graduates with clean hands and manicured nails, respectable people who fund politicians in Congress and host charity galas inManhattan. If they had a slogan it would be the old Roman adage, pecunia non olet – money has no smell.

Cerberus Capital Management