Business moguls who favor stricter gun-control laws -- among them Bloomberg LP founder and New York City Mayor Michael Bloomberg, financier George Soros and entertainment honcho David Geffen -- are in the unique position of being able to put their money where their mouths are, and with a single bold move can change the raging gun debate in a way that intransigent politicians cannot.
These well-intentioned billionaires (and others) should buy Freedom Group Inc., the world’s largest gun manufacturer, from Cerberus Capital Management LP, which has put it up for sale, and literally liquidate it.
