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Default NRA teetering?
On 8/3/18 11:41 PM, wrote:
On Fri, 3 Aug 2018 21:53:20 -0400, Keyser Söze wrote:



The National Rifle Association warns that it is in grave financial
jeopardy, according to a recent court filing obtained by Rolling Stone, and
that it could soon “be unable to exist… or pursue its advocacy mission.”

The reason, according to the NRA filing, is not its deep entanglement with
alleged Russian agents like Maria Butina. Instead, the gun group has been
suing New York Gov. Andrew Cuomo and the state’s financial regulators since
May, claiming the NRA has been subject to a state-led “blacklisting
campaign” that has inflicted “tens of millions of dollars in damages.”

In the new document — an amended complaint filed in U.S. District Court in
late July — the NRA says it cannot access financial services essential to
its operations and is facing “irrecoverable loss and irreparable harm.”

Specifically, the NRA warns that it has lost insurance coverage —
endangering day-to-day operations. “Insurance coverage is necessary for the
NRA to continue its existence,” the complaint reads. Without general
liability coverage, it adds, the “NRA cannot maintain its physical
premises, convene off-site meetings and events, operate educational
programs … or hold rallies, conventions and assemblies.”

Just remember who is saying it, the lawyers trying to collect damages.
Of course they are "in trouble".


My bleeding liberal heart bleeds for the plight, real or imaginary, of
the NRA.
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