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United States

22 October 2009

New York Times

Cerberus plans to float the gun maker Freedom Group soon. It better hurry. President Obama's election victory sent weapon sales — and the valuations of firearms producers — higher. Falling backlogs hint that sales could plunge. This gun bubble may backfire. Two sparks set off this speculative burst. First, fears of economic calamity inspired sales of weapons. The assault-rifle-style autoload SR-556 is useful for shooting varmints and for "personal defense,"... (

Read More: New York Times