Bank of America to stop lending to military-style weapons makers

[mattiooo]

Yeah, BOA has always been the poster child for screwing their own clientele. God help you if you have a mortgage with them.

I know that first-hand. I didn't get a mortgage with them but now I have one with them. Bastards bought out my mortgage company. I really need to refinance with another company.....

[Gman]

Bastards bought out my mortgage company. I really need to refinance with another company.....

Unfortunately mortgages get passed around like the only lighter in a crack house. Just when you think you're with another company, it ends up back at BOA.

[MrPrena]

Wow. After Credit Default Swap Default on their face and sub prime mortgage issues, these turds went starving mode to too much lobster picking.
" I want this lobster in my stomach, but not that one."

[TheGrey]

I thought that was Wells Fargo....

Both of them have done so. Banks generally suck across the board.

[Del_Gue]

Hate to be the bearer of bad news, but Colt went bankrupt 3 years ago.

Nope...Colt Defense is still in business, and so is Colt's Manufacturing Company!

"In 2013 Colt Defense acquired New Colt Holding Corp., parent company of Colt's Manufacturing Company LLC, forming a single company to develop, manufacture and sell firearms under the Colt name for all markets. On 15 June 2015, Colt Defense filed for bankruptcy, citing both assets and debts in the $100 million to $500 million range. In January 2016, Colt Defense announced that the bankruptcy court had approved its restructuring plan."

[Justin]

Unsurprising. Expect to see more of this in the not too distant future.