Sunday, June 14, 2015

Crony Gun Maker to File for Chapter 11 Bankruptcy

Some firms in the US government propped up economy just collapse without government support.

Gun maker Colt Defense LLC plans to file for chapter 11 bankruptcy protection by Monday, reports WSJ.

According to WSJ, Colt has struggled in recent years with a slowdown in rifle sales and its 2013 loss of a key contract to supply the U.S. Army with the M4.



  1. Live by the sword, die by the sword hahahahahah

  2. Awh, think how democracy will never be spread from the end of a Colt barrel again.