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The N.R.A. Wants to ‘Dump’ Its Regulators via Bankruptcy. Will It Succeed?



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Not long after the National Rifle Association declared bankruptcy last Friday, one of its board members wanted to set the record straight.“It has nothing to do with the N.R.A.’s financial posture, which is very, very strong,” said Bob Barr, a former Republican congressman from Georgia, in a TV interview. “It simply is a legal vehicle to move under protection of federal laws, to escape the abuse by the New York authorities.”The organization’s audacious bankruptcy filing, in which it is not actually claiming to be insolvent, seeks to use the bankruptcy process to circumvent regulators …

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