RIP Cirrus

Gig 601XL Builder wrote:
Rich Ahrens wrote:

Isn't this about the point at which the resident xenophobes start
ranting about the company's majority owner being an arm of the First
Islamic Investment Bank of Bahrain?

I'm not xenophoic at all and spent most summers there from 76-81. But are
you saying the US part of Arcapita (formerly known as Islamic Investment
Bank of Bahrain) didn't purchase 50 something percent of Cirrus in '01 or
'02?

I don't know how much of that has been sold off since but there was a point
in time that the statment "Islamic Investment Bank of Bahrain is the
majority owner of Cirrus" was true.

You misunderstood. It's absolutely true that Crescent Capital (now
renamed Arcapita) bought a majority stake in 2001. They also bought
controlling interest in Caribou Coffee, another Minnesota business. No,
what I'm mocking is the kind of xenophobic crap in the Skycatcher
thread: "No way am I buying any aeroplane built by them heathen
Chinee..." I expect similar ranting about Cirrus. All that profit going
to...who???