Private equity firm Cerberus has put U.S. firearms maker Freedom Group up for sale following Friday's killing of 20 children and 6 adults at the Sandy Hook school shooting in Connecticut. Freedom Group includes Bushmaster, maker of the rifle used in the shooting at the school in Newtown. Cerberus bought Bushmaster in 2006 before adding another 10 makers of firearms, ammunition and accessories to the group."Cerberus" is the name of the hound that stood guard at the gates of Hell, or Hades; same group that bought Chrysler and did not have a clue what to do with it.
Why would you name your private equity firm after the hound of hell?
Unless....
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