Look Gang.. Nobody should be surprised by the dividend cut. Immelt and the GE BOD have been admiring themselves in the mirror for far too long and nobody seemes able to break the cult.
Time and again during stockholder meetings and other "Immelt pontifications" it’s always the same, I know better than anyone else and if you disagree with me, I will simply ignore you.
It is incomprehensible to me as a former GE employee 10+ years how Immelt ( or the GE BOG for that matter) could have qualified to stay in his job let alone have the opportunity to turn down a fat bonus at the end of 2008. During my employ with GE I was expected to grow my business by double digits every year or be on the fast track out of town.
GE Says Smart Grid Equal to 41GW of Power Plants [View article]
Typical power system efficiency runs at about 90% (best case) with losses of 10% due to electrical phenomenon such as hysteresis (losses due to Iron cores in electrical apparatus) and a lagging power factor. Also, as pointed out in a comment above, heat is another form of "watt less" power that is wasted. As far as a smart grid goes, a claim of an overall 5% improvement sounds like greenspeak to me. Energy efficiency is the best start as it requires less capital investment and produces a faster measurable return.
General Electric: Genuine Risk of Collapse? [View article]
Stop Whining and get smart! The self absorbed, egocentric , S.O.B’s on Wall Street are never going to get it. They and their talking head friends keep talking about consumer confidence and how to get YOU and ME spending again, wrong answer.
This is not about consumer confidence, this is about consumers being pissed, really pissed. Do you really think that a bailout of Detroit is going to work? Answer, NO! Consumers will simply not buy these cars because they are pissed that their money was taken from them to finance an industry that has had 30 years to get their stuff together.
If Jeffguano and GE go to the public trough, whatever they borrow should be passed directly to the consumer in the form of debt forgiveness. Better for the balance sheet and the consumer has less debt and more discretionary income.
Where Will GE's Jeff Immelt Be at 2 PM Today? [View article]
Stop Whining and get smart! The self absorbed, egocentric , S.O.B’s on Wall Street are never going to get it. They and their talking head friends keep talking about consumer confidence and how to get YOU and ME spending again, wrong answer.
This is not about consumer confidence, this is about consumers being pissed, really pissed. Do you really think that a bailout of Detroit is going to work? Answer, NO! Consumers will simply not buy these cars because they are pissed that their money was taken from them to finance an industry that has had 30 years to get their stuff together.
If Jeffguano and GE go to the public trough, whatever they borrow should be passed directly to the consumer in the form of debt forgiveness. Better for the balance sheet and the consumer has less debt and more discretionary income.
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Latest | Highest ratedGE Finally Cuts the Dividend [View article]
Time and again during stockholder meetings and other "Immelt pontifications" it’s always the same, I know better than anyone else and if you disagree with me, I will simply ignore you.
It is incomprehensible to me as a former GE employee 10+ years how Immelt ( or the GE BOG for that matter) could have qualified to stay in his job let alone have the opportunity to turn down a fat bonus at the end of 2008. During my employ with GE I was expected to grow my business by double digits every year or be on the fast track out of town.
Break the CULTure at GE, Solve the problem.
GE Says Smart Grid Equal to 41GW of Power Plants [View article]
Rick Santelli: Critic or P.R. Man? [View article]
Where Will GE's Jeff Immelt Be at 2 PM Today? [View article]
Where Will GE's Jeff Immelt Be at 2 PM Today? [View article]
On Nov 22 06:53 PM R Y wrote:
> Good article - worthless comments.
General Electric: Genuine Risk of Collapse? [View article]
The self absorbed, egocentric , S.O.B’s on Wall Street are never going to get it. They and their talking head friends keep talking about consumer confidence and how to get YOU and ME spending again, wrong answer.
This is not about consumer confidence, this is about consumers being pissed, really pissed. Do you really think that a bailout of Detroit is going to work? Answer, NO! Consumers will simply not buy these cars because they are pissed that their money was taken from them to finance an industry that has had 30 years to get their stuff together.
If Jeffguano and GE go to the public trough, whatever they borrow should be passed directly to the consumer in the form of debt forgiveness. Better for the balance sheet and the consumer has less debt and more discretionary income.
Where Will GE's Jeff Immelt Be at 2 PM Today? [View article]
The self absorbed, egocentric , S.O.B’s on Wall Street are never going to get it. They and their talking head friends keep talking about consumer confidence and how to get YOU and ME spending again, wrong answer.
This is not about consumer confidence, this is about consumers being pissed, really pissed. Do you really think that a bailout of Detroit is going to work? Answer, NO! Consumers will simply not buy these cars because they are pissed that their money was taken from them to finance an industry that has had 30 years to get their stuff together.
If Jeffguano and GE go to the public trough, whatever they borrow should be passed directly to the consumer in the form of debt forgiveness. Better for the balance sheet and the consumer has less debt and more discretionary income.