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re: GE Stock Down 13% after Whistleblower claims "Bigger Fraud than Enron"

Posted on 8/15/19 at 8:57 pm to
Posted by Helo
Orlando
Member since Nov 2004
4593 posts
Posted on 8/15/19 at 8:57 pm to
quote:

Who was the big wig at GE that loved Jug Ears?

Immelt

He got canned.
He made one bad decision after another.
Posted by pickle311
Liberty Hill TX
Member since Sep 2008
1060 posts
Posted on 8/15/19 at 9:25 pm to
quote:

Immelt He got canned. He made one bad decision after another.


Immelt was terrible. I work for GE Healthcare and it's going to take years for us to recover from Immelt, and we still turn a solid profit. Other sectors of GE likely won't survive.
Last year they were supposed to split off healthcare from the rest of GE, we would be our own company. Ended up not happening, they need our profits to pay the bills for the rest of the crap Immelt ran into the ground.
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