bamanomical

SEC Rewards GE Accounting Fraud

I remember not 20 years ago ,that several senior execs at a "Fortune 500" company, were fired for "prebilling" sales in order to "make the number" It actually cost several people their careers, most of whom were sideline players, unsure of the game.
The people responsible then, had been "GE Plastics" trained. What a coincidence!

GE Finally Cuts the Dividend

Is it just me or does Mr. Imelt have trouble completing any sentence lately? The man has lost all credibility and its time for him to be on his way. I want a confident leader, and he certainly shows non of that.

General Electric: Not Quite a Value Trap, More Like a Value Pit

I say we ask the Board to help jeff hasmelt find a new job { with no parachute other than the class to help him write resumes and such} Get rid of entertainment, and get back to what they know.

Who'll Blink First: Sirius, Loral or the Banks?

So, lets see some plans ..

Nortel's Upside Potential

ditto the long suffering Nortel shareholder bit. Will someone get the bureaucrats off their butts at this company and start some good old fashioned selling.

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

I do not care what the components of the $73 are, Its just not a competitive salary . I say let GM and Chrysler fail. but I own way too much Ford stock.


On Nov 10 09:32 AM Tomas04 wrote:

> Do a little research before you make a comment like that. The $73
> and hour includes legacy costs. Union member don't make anywhere
> near that much money in reality. That number is at least $15-$20
> high and includes benefits like health care. It's a shame- this guy
> is a Phd yet he makes off the cuff statements like he has an IQ below
> room temperature.