So the t rates can keep their job! Also to hide the negativity of the finance crisis GE holds. To fake the stocks to look better than what they really are.
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To reduce the amount of cash needed to pay the dividend by 87.5%. Also, since the stock price kept flirting with $5 or less it reduces the risk that institutional investors would be forced to sell if it dropped below their requirements. Plus it helps execs more easily make their stock targets and allows options potentially set to expire as worthless able to be sold for profit.
LC's and other execs. stock price bonus is instantly met.
StockJury.com/GE
ASK IT THERE