Investing Quote by Andrew Feinstein
““Together, Mertins and Cummings were a formidable arms-dealing force. In 1965 they worked together to sell seventy-four US-made F-86 fighter planes to Venezuela, fifty-four of which were surplus German stock and a further twenty procured from active Luftwaffe service.24 It was a hugely profitable deal.””
About This Quote
Source Book: The Shadow World by Andrew Feinstein, 2011
Arms dealers Mertins and Cummings orchestrated a massive, lucrative sale of US fighter jets to Venezuela, mixing surplus and active aircraft.
In simple terms: They made a huge profit selling many fighter planes to Venezuela.
Key Takeaway
Recognize how profit motives can drive complex, opaque deals.
Themes
arms trade
profit
politics
corruption
Mood
cautious
critical
inquisitive
Type
historical
political
When to use this quote
- government procurement
- defense contracting
- international negotiations
Key Concepts
geopolitics
military economics
networking
Questions to Reflect On
- What are the hidden costs of profit‑driven arms sales?
- How can transparency be increased in defense contracts?
A Different Perspective
Such deals often obscure ethical concerns and long‑term consequences.
