CTMike

GE Finally Joins Victims of Financial Crisis

New CEO? How about a new CEO and board of directors! If the board doesn't know what's going on they should get dismissed for incompetence. If the board does know what's going on they should get dismissed for participation in the debacle.

Doesn't it sound like GE is using the exact same script as all the other financial institutions that eventually collapsed, denial, denial, denial, surprise we have a little problem and need to raise a few $B in capital? Next will be an announcement that the problem is a little bigger than thought; then depending on what influence the y have with the B&P team, they may get some bail out $$. Ever wonder what that takes?