Paging Mr. Fezziwig.
One might get the notion that Charles Dickens' good-hearted fictional employer was back in business after the announcement this week by a private equity firm, Cerberus Capital Management, that it intends to sell Freedom Group Inc., the company that manufactured the Bushmaster rifle used in the Sandy Hook Elementary School massacre. Was this a sudden case of moral conviction?
Meanwhile, Dick's Sporting Goods has suspended sales of semiautomatic rifles at its stores. Other retailers may be having second thoughts about selling such items, too. Shares of some major U.S. gun makers have fallen on the news.
All of which sounds a great deal like the kind of...