Gun Profiteers: Who's Getting Rich Off the US Gun Crisis?
NOVANEWS
By Derek Seidman, Eyes on the Ties
Goldman Sachs CEO Lloyd Blankfein speaks at the Bloomberg Global Business Forum on September 20, 2017, in New York City. Blankfein is a large investor in gun retailer Bass Pro. (Photo: John Moore / Getty Images).
The recent shooting rampage at Marjory Stoneman Douglas High School put renewed focus on the firearms manufacturing industry -- which, along with ammunitions production, accounts for an estimated $17 billion in revenue.
Thousands of students -- with those from Parkland, Florida leading the way -- have staged walk-outs across the nation to protest the firearms industry, the NRA, and industry's bought-off politicians. It's starting to feel like it could be some sort of turning point.
Even corporations are feeling the heat over their t...