southbeach

General Electric: Genuine Risk of Collapse?

I think its time for Immelt to go, forgoing any final payment. He can keep the $72 million in compensation for his CEO tenture. Maybe he should go teach at HBS, donating his stipend to Americans made homeless by the sub prime disaster.

Buffett Buys GE, Goldman: Should You Follow?

common stock of GE or GS: not a great investment right now. preferred stock on Buffet's terms: certainly a better investment than the common. there are many gyrations of the markets to come as the recessions hits and then sticks around like an unwanted party guest. I'd stay liquid and save for Q2 09 onward buying opps.