Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
"The National Rifle Association has filed for bankruptcy, and plans to ditch what CEO Wayne LaPierre described as “the toxic political environment of New York” and move its headquarters to Texas. "The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas,” LaPierre wrote in a letter to members.

“NRA supporters will continue to enjoy all their full member benefits – from new members to Life Members to Benefactor Members,” he wrote. “We will continue to publish and deliver your magazines. We will continue to train Americans and teach them firearm safety. We will continue to teach hunter safety. But most importantly, we will continue to fight for your freedom and the freedom of all Americans – as we have for all these years. In fact, we are expanding our national platform.”

The move comes after the NRA dumped at least $4.5 million into the Georgia Senate runoff elections, in which both Republican incumbents narrowly lost to Democratic challengers. And in November, the group settled an insurance case in New York for $2.5 million without admitting wrongdoing."


https://www.foxbusiness.com/lifestyle/nra-bankruptcy-ditchin...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.