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  • General Electric: Genuine Risk of Collapse? [View article]
    Chapeau JQ!
    both for your original article and 2/1/09 follow-up.
    Won't consider buying GE >$5, if then, as a result; feel sorry for "the mom" who bought $1mio GE stock and pretty soon will receive no more dividend to soften the blow.
    Thanks JQ!
    Mar 02 12:54 pm |Rating: 0 0 |Link to Comment
  • General Electric: Genuine Risk of Collapse? [View article]
    Extremely nsightful and lucid article by J. Quinn and right-on-the-mark commentary by Copperbarron. Couldn't agree more.
    Thank you both!


    On Nov 17 10:12 PM copperbaron wrote:

    > >>took over from icon Jack Welch in 2001<<
    >
    > Yeah, Immelt took over from Welch, who is wrongly credited as some
    > sort of management guru.
    >
    > The truth is - GE amassed a HUGE amount of leverage under Jack Welch,
    > almost like a hedge fund. Lots of risky loans and huge debts. But
    > it was a big bull market, and it didn't blow up in his face.
    >
    > Now it is ready to blow up, and Immelt gets blamed??
    >
    > Puh-leeze! Jack Welch is perhaps the most overrated CEO in the history
    > of American business. He is, without a doubt, one of THE most self-aggrandizing.
    > The fact that this joker took about $1 BILLION of compensation out
    > of GE is truly disgusting, and shows how very corrupt and distorted
    > our business systems are here in the U.S. - from executive pay to
    > a wildly distorted stock market that overvalued GE for the last twenty
    > years, at least.
    Nov 24 12:21 pm |Rating: 0 0 |Link to Comment
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