The Retired one

General Electric: Genuine Risk of Collapse?

Hi,
A while ago prior to the market hitting the $hitter I was interested in G.E. after hours of reading i found a article written by a stock market offical that said even the Govt. can't get a correct read on G.E. because i believe citi corp or citibank is composed of so many entities that no one can get a straight accounting figured out because their booking is so convoluted that no one can resally figure it out.
I will tell you this being that the American consumer is 75 % of the retail market and they couldn't sell their home appliance division, tells you they had their head in the sand as when the realty market hit the skids G.E. should have seen it coming but they didn't.
I know they have a contract to selll china aprox 1 1/2 dozen mini nuke reactors. But if the world economy stays the way it's going this may be delayed, notice G.E. doesn't mention it anymore.
By the way Warren Buffett has preferred stock that pays him i read 11 percent and he has 15 years to conclude his half of the agreement he probably figures they all will be so old who cares thery can bleed the tax payer to bail out G.E. and in the long run the wind turbines they have sold quite a few will help keep them above water.
but i feel for you and your Mom i lost my 80 percent of my pension from a fortune that was a humanguss retail company $**** just reinvested or rather divested
the cash coming into the registers into Stock broker, a loser and now mails out notices not to worry as the govt has a pension guarentee fund.
The entire system is being stolen blind by corp c.e.o.'s
no matter the industry where do you go when you're retired and you can't sell or afford your home anymore.
Plus i have to sell due to medical reasons and move.
good luck with your move ionvestment wise.

On Nov 18 08:26 AM Help me please wrote:

> Hello! My mom used to own $1,000,000 of GE stock, and now down around
> the worth of $300,000. She won't sell because she thinks it would
> be a waste. Won't it eventually go up in the next ten years. Do you
> recommend to sell at such a loss? I'm worried. Comments?

@VIC: Top Hedge Fund Picks

Don't anyone believe that this was a blunder that caught investment managers by surprize, bull cr*p.

They all got millions of years end bonuses, for all the bad loans they gave out so we and the govt that will have to take it from our hides will take from us in the from of deleted benefits we worked for and depend
on to survive our later years.
Vote for someone that will not repeat 8 more years of this illegal travisity.

@VIC: Top Hedge Fund Picks

Let's be aware that many are unable to have 10 to 15 years to recover the U.S.A. banking and securitized investments scandal.
The C.E.O.'s have secured them selves a fortune and screwed the u.s.a people are allies in England and Asia aqnd elsewhere.
And now our allies have been stung by the good old U.S.A. with our banking and investment houses.securitized securities.
'Where do you invest your retirement savings so you can afford to live?
What ever you have left that is?
What if you don't have the time or place to survive
the 10 to 15 years for the world investments to get over this criminal travisity from the american banks and investment community?
O.K. you banking and waqll st wise guys you have got a lot to think about!
How about some real answers.
I didn't work a lifetime of jobs more than one at a time to have you back stab me.
Any any answers from you dirtbags!

GE: Why Buying on Weakness Is an Excellent Idea

Citi if you have to ask (sorry glasses still missing)

GE: Why Buying on Weakness Is an Excellent Idea

Do you trust the bank exeuctives that knowingly sold the sub-par martgages to low or almost no fico No doc score people. just to get year end multi million dollar bonuses.
G.E. has a lot to loose the banks kill people with stock prices and then kill us again when the F.D.I.C. has to bail out the smaller banks. or a prime bank has to sell out 3.9 percent ownership to a soverighn nation at 11 percent
interest for 10 years, for the money they needed.
Citi is you have to ask.

GE: Why Buying on Weakness Is an Excellent Idea

G.E. has gotten rid of its appliance division(spelling correction) i never wer glasses when i should.

GE: Why Buying on Weakness Is an Excellent Idea

G.E has gotten ride ofit's appliance division that's a good start, in its day it was fine. now they are moving on to new markets with greater long term needs and less proven competition where they can truly shine.