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During today's earnings call, GE execs stressed they would like to return more capital to...

During today's earnings call, GE execs stressed they would like to return more capital to shareholders via dividends and buybacks ... but added the Fed might stand in the way. GE's plans are contingent on the resumption of a dividend payment from GE Capital to the parent company, and in spite of the division's soaring profits, that's a move the Fed hasn't yet signed off on. (Q4 results)
Comments (2)
  • The Fed was and continues to be duplicitous in lending/banking debacle via Fannie and Freddie and lax policing. For them to continue to punish shareholders for past mistakes of GE seems a bit like cutting off one's nose to spite one's face. Let he who is without sin cast the first and last stone!
    20 Jan 2012, 06:57 PM Reply Like
  • Ya know, GE wants fed $$$$$, they gotta play by da rules. Next time, hows about real capitalism and let GE et al sink or swim on their own...
    20 Jan 2012, 08:26 PM Reply Like
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