CNBC Originals Season 2 Episode 13 Remington Under Fire: a CNBC Investigation
- Not Rated
- November 23, 2010
CNBC Originals presents a special episode named "Remington Under Fire: A CNBC Investigation," which delves into the history of one of America's most iconic gun manufacturers, Remington Arms Company. This investigative episode covers the company's rise to power, its notorious past, and its failure to address issues related to safety and quality control.
The episode begins with an overview of Remington's rich legacy, including its contributions to the military and its popularity among gun enthusiasts. Viewers get a glimpse of the company's impressive production facility, which spans across several thousand square feet and is staffed by skilled workers who have been crafting firearms for decades. The documentary then delves into the history of Remington, tracing its origins back to the early 1800s.
The episode scrutinizes Remington's past business practices and controversies, including the company's involvement in a slew of lawsuits over the years. The documentary underscores some of the most notable cases, such as the infamous Walker vs. Remington case. It highlights how the case led to a wrongful death verdict for the plaintiffs, causing Remington to come under fire for its safety practices. The episode also explores how Remington has often prioritized its profits over the safety of its customers, leading to numerous recalls and lawsuits over the years.
The episode features interviews with former Remington employees and gun owners, who share their personal experiences with the company and its products. They recount stories of malfunctioning guns, botched repairs, and other issues that illustrate Remington's track record of poor quality control. The show also highlights some of the more egregious cases of Remington's negligence, including the story of the Model 700 rifle. The rifle was the subject of a class-action lawsuit by over 7 million customers due to its unsafe trigger design that's been linked to numerous accidental deaths and injuries.
The documentary also investigates Remington's connection to the National Rifle Association (NRA) and its lobbying efforts. It examines how Remington has used its influence to fight against gun regulation and safety initiatives, making it difficult for lawmakers to pass any meaningful legislation. The episode features discussions on the tragic mass shootings that have occurred in recent years and how Remington has been implicated in some of those incidents.
Finally, the show looks into Remington's future and the challenges the company is facing in the wake of its controversies. The documentary addresses Remington's bankruptcy filing and its subsequent acquisition by an investment firm, pointing out that the company still has a long way to go to regain the trust of its customers.
In conclusion, "Remington Under Fire: A CNBC Investigation" is a powerful exposé that sheds light on one of America's most renowned gun manufacturers. It stands as a timely reminder of the importance of gun safety and quality control, urging companies like Remington to prioritize these values above profit. The show is a must-watch for anyone interested in the gun industry, its history, and its future.