GE Capital is no longer going to fund smaller gun shops. Wal-Mart and Dick’s Sporting Goods – whom stock firearms – will still receive funding from GE.
GE is based in Fairfield, Conn., and many of the GE’s employees live around Newtown CT and several have children in the Sandy Hook elementary school.
The question is moving forward should politics be part of the lending process? Certainly if the funding is for a rogue Nation however this is not that. It could not be liability – GE is more than willing to keep their huge clients Wal-Mart and Dick’s.
Could this process be ‘until it blows over’? Click the link, read the story and give us your thoughts on what you would do if you were a huge lender in the same boat as GE.